TORONTO, Sept. 27, 2018 /CNW/ - Imex Systems Inc. ("Imex" or
the "Company") (TSX VENTURE: IMEX; OTC: IMSYF) a software solution provider to Governments, Municipalities and Public
Authorities, plans to launch a comprehensive platform integrated into IMEX's iGov portal called GOVCANN.GOVCANN will provide
vital content and information to medicinal and recreational cannabis users. The Imex iGov platform was built to empower and allow
citizens to interact with their province or municipality to gain information or to purchase needed services that these government
jurisdictions provide. With the Ontario provincial government allowing citizens to purchase
cannabis through the internet on October 17, 2018, we believe that Ontario municipalities and their citizens can benefit from up to date content on laws, procedures, and
processes for the purchase of cannabis from this hub. This platform will become a central interface for cannabis news as citizens
want customized information within their municipality. Going forward, Imex plans to offer this framework to other provinces
that have adopted a retail recreational sales model instead of online sales.
The GOVCANN platform will be built utilizing artificial intelligence to amass highly scalable cannabis data analytics and will
provide geographically specific and relevant content for users.
The Company has initiated conversations with several licensed producers on how to effectively integrate into their framework.
Imex plans to become a key GATEWAY for municipalities and their citizens to become more engaged with their recreational and
medicinal experiences. The Company will be seeking strategic capital to facilitate this new initiative.
"This is a unique offering to help support and drive educational interest for municipalities who want to work hand in hand
with the provinces as we approach legalization. We also see this allowing specific clinics to reach citizens and municipalities
with a very targeted approach. It empowers municipalities to define and customize messages to a local level that provinces are
disseminating." Says Rob Klein, CEO.
About Imex Systems
Imex Systems Inc. is a Canadian software products and solution provider to Governments, Municipalities and Public Authorities in
Canada and internationally. Imex primarily focuses on E-Government and the Smart Cities market
that also include the integration to payment processing. The company helps public sector entities to provide "Any Time, Any
Where, Any Device and Any Channel" convenience for citizens to access government services and help with digital transformation of
government operations and streamline revenue. Imex's various product and service offerings include: i-Gov - a Digital
Government Platform for all levels of governments, which provides all the pre-built components for building an effective Digital
Government and supporting payment processing through multiple channels; iCity - a Smart City Solution;
and miGov - a Mobile Government Framework.
Forward-Looking Statements
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities laws.
Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives,
assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is
expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or
"intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would",
"might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information
and are intended to identify forward-looking information.
This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it
was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievements of the Company to be materially different from any future results, performance or achievements expressed or
implied by such forward-looking information. Forward-looking information in this news release include, but are not limited to,
statements with respect to: increased sales from existing customers and new customers and the potential opportunities to be
created from the joint venture with BGC related to mobile payments and cyber security. Forward-looking information necessarily
involve known and unknown risks, including, without limitation : the need for approvals from the relevant government body;
future capital needs and uncertainty of additional financing; the competitive nature of the industry; the effects of product
development and need for continued technology change; and those risks set out in the Company's public documents filed
on www.sedar.com.
Although the Company has attempted to identify important factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such
statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such
statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no
obligation to revise or update any forward-looking information other than as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility
for the adequacy or accuracy of this release.
SOURCE Imex Systems Inc.
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