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Interfield Global Software Inc. Signs AARO to Co-Marketing Agreement

N.IFSS

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce that Interfield Software Solutions LLC, the Software as a Service division of the Company ("Interfield"), has signed a co-marketing agreement with AARO Middle East DMCC (“AARO”). AARO is part of AARO Systems AB Sweden and is in the business of accounting software services, executive recruitment and event management. In furtherance of the agreement, Interfield will be a partner of the 2023 Finex Summit, a global virtual summit on September 13, 2023 targeted at the continuing personal development of Global Finance Leaders. This annual summit is managed by AARO Middle East and CFO University (www.finexsummit.com).

For over 30 years, AARO been implementing technology-based accounting systems that enables CFOs, Finance Directors and other key decision makers systemize their financial & management reporting functions using their products. Their vision is to make group consolidation simpler, quicker and more transparent for companies around the Middle East region.

AARO works with large multinationals and Family Groups plus small & medium size companies. Their expertise in technology and in-depth understanding of group reporting and consolidation gives them a unique edge over their competitors.

“We look forward to working with the exceptional team at AARO, they are renowned in the finance industry, known for their expertise in developing cutting-edge technologies and solutions. With a global presence and a track record of success, Interfield is excited to add their game changing software to our product offering. AARO’s software is complementary to our existing portfolio of products and adds an additional revenue stream for our business that will drive value for our shareholders,” commented Steele Hemmerich, President of Interfield.

About Interfield Global Software Inc.

The Company is a publicly listed company, with its common shares listed on the NEO Exchange Inc. (NEO: IFSS) and operates out of Dubai, U.A.E through its wholly owned subsidiary, Interfield Software Solutions LLC (“Interfield Solutions”).

Interfield Solutions is a software company that services numerous industrial segments worldwide including oil and gas, mining and renewables. Interfield Solutions has two operating divisions, E-commerce and Software as a Service. Equipment Hound, the company’s flagship product of its E-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third-party verification. ToolSuite, the company’s flagship product of its Software as a Service division, is a cloud based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

ON BEHALF OF THE BOARD OF DIRECTORS

“Harold Hemmerich”

Harold Hemmerich, Chief Executive Officer & Director
Phone: +971 50 558 8349

Bruce Nurse, Investor Relations
Phone: +1 303 919 2913

Forward-Looking Statements Disclaimer and Reader Advisory

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements, and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance often using phrases such as “expects”, “anticipates”, “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 statements..

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties and other factors, which may cause actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include: general business, economic, competitive, political and social uncertainties; delay or failure to receive any necessary board, shareholder or regulatory approvals, including the approval of any applicable regulatory authority; and that factors may occur which impede or prevent the Company’s future business plans. 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 the forward-looking statements and information contained in this news release. Except as required by law, the Company does not assume any obligation to update the forward-looking statements, whether they change as a result of new information, future events or otherwise, except as required by law.

Neither the Neo Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the Neo Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.