TSXV:CYX.H - Post by User
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niceindyon Sep 17, 2015 8:12am
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Post# 24111481
Calyx's Subsidiary Cannigistics Announces Platform Licensing
Calyx's Subsidiary Cannigistics Announces Platform LicensingCalyx's Subsidiary Cannigistics Announces Platform Licensing Agreement V.CYX | 9 minutes ago VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 17, 2015) - Calyx Bio-Ventures Inc. (TSX VENTURE:CYX) ("Calyx" or "the Company") is pleased to announce that its wholly-owned subsidiary, Cannigistics Agri-Solutions Corp. ("Cannigistics"), has signed a multi-year agreement with Holborn Holdings Ltd. ("Holborn"), a Vancouver-based real estate developer with an international background and global vision. Under the agreement, the Cannigistics' platform will be used to run Holborn's IT infrastructure and manage their "go forward" IT strategy. By implementing its cloud server platform and "Compliance Operations Console", Cannigistics will provide Holborn a sophisticated and modern IT platform in which to aggregate, host and manage their infrastructure. Cannigistics will also provide ongoing support services. Holborn is presently completing the very prestigious "Trump International Hotel & Tower Vancouver" which is almost completely sold out. Holborn also manages a two acre city block in downtown Vancouver bordered by Seymour St., Richards St., W. Georgia St. and Dunsmuir St., comprising office and retails space, and a public parkade. Holborn's diverse portfolio of projects and real estate management services throughout British Columbia also includes other retail, residential, office and hotel properties. This implementation has commenced and will be integrated in stages, with the initial phase to be completed by the end of September. The Cannigistics platform improves capabilities and visibility across all key aspects of the business through a management interface that will aggregate disparate systems into one global view via the "Compliance Operations Console". "We are very excited to have commenced with another implementation in this new vertical," said Roger Forde, President and CEO of Cannigistics. "The Cannigistics' platform is proving to be versatile enough to effectively adapt to many diverse implementations. Our product is attracting significant and credible companies in the real estate space, and we are honored to have been selected by a company like Holborn to support their IT needs and assist with their long term IT management strategy."