TORONTO, Nov. 15, 2018 /CNW/ - Imex Systems Inc. ("Imex" or the
"Company") (TSXV: IMEX) (OTC: IMSYF) a software solution provider to Governments, Municipalities and Public Authorities is
pleased to announce it has signed a reseller agreement with NxGen United LLC, (NxGen") of Miami,
Florida. NxGen United is a provider of proprietary wireless data networks to rural America, known as RURBAN, which enables
Counties and Cities to deploy "Smart" Infrastructure and deliver Internet of Things (IoT) services.
NxGen is building out its RURBAN network deployments in those Rural markets that have poor or non-existent Internet services.
In addition, NxGen will be deploying sensors, smart meters and other IOT devices including drones, and powering them through
their company-owned and operated data centers.
"By coupling our platform and customer base with IMEX's state of the art Smart City iGov™ platform, we will enable RURBAN
network customers to join/lead Smart Cities initiatives", stated Dan Pacholik, CEO, "We are elated
to work through our scheduled deployments of our Internet acceleration software solutions in concert with IMEX iGov services. We
believe that by combining our services and solutions, will aid these communities to moving toward Smart City or County standards"
stated Mr. Pacholik.
"We are very excited to be partnering with NxGen as they build out their service offering. We believe that our iGov, iCity and
iPay platforms are ideally suited for their municipal and State customers, and further validates the strength of our platform,
stated Rob Klein, CEO of IMEX.
About NxGen Communications Corp. and NxGen United LLC.
NxGEN's passionate team of experts are committed to bringing disruptive technologies to market by providing strategic
thinking, value creation, and management skills to the technology visionaries behind them. Transforming through innovation, NxGEN
is focused on providing secure, efficient, and cost-effective solutions to real world problems that affect devices, business, and
human lives. visit www.nxgencom.com or email
info@nxgencom.com
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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