Skkynet Expands Distribution with New Partners for Secure Cloud Service™ in Industrial and Embedded Systems

MISSISSAUGA, Ontario--()--Skkynet Cloud Systems, Inc. (“Skkynet” or “the Company”) (OTCQB:SKKY), a global leader in real-time cloud information systems, is pleased to announce that it has recently completed reseller agreements with nine new sales and technical partners across five continents as part of a new initiative to expand worldwide sales and support of its Secure Cloud Service. The Secure Cloud Service provides secure, real-time access to plant data from any location, and has attracted the interest of a growing number of system integrators and consulting engineers.

“Cybersecurity is top of mind across the globe,” said Paul Thomas, President of Skkynet. “These new partners will be on the leading edge of industrial and M2M data communications. They recognize the value of a highly secure, robust cloud service that can provide selected data sets in real time to authorized users both within the company and externally.”

Skkynet’s Secure Cloud Service allows industrial and embedded systems to securely network live data in real time from anywhere that has an Internet connection. It enables supervisory control, integration and sharing of data with users in any location, and real-time access to selected data sets in a web browser. The service is capable of handling over 50,000 data changes per second per client, at speeds just a few milliseconds over Internet latency.

New Skkynet Partners

Skkynet’s new sales and technical partners have live access to the Secure Cloud Service, which is currently being offered to selected users in a beta program. This allows them to stress test the service and develop usage profiles corresponding to the needs of their customers in a wide variety of industrial sectors worldwide.

“These partners are expanding their business models,” stated Mr. Thomas. “The Secure Cloud Service features capabilities that none of their current tools offer. They can now provide clients with a way to securely monitor remote locations and share live data in real time.”

Keystone Controls Inc. of Perth, Australia provide design, integration, optimization and management services for industrial control system projects. They are currently testing the Secure Cloud Service as a means to gather, integrate, and analyze live process data.

Team Power s.r.l. in Siracusa, Italy do software development and system integration for industrial systems, specializing in data communications and analytical reports. The data connectivity component of the Secure Cloud Service meets immediate requirements for expanding a large system they maintain.

Aventi Technology in Olso, Norway is a 100% employee-owned company specializing in industrial automation in the areas of traffic control, environment, and the energy sectors. They are already working with the on-site component of the Secure Cloud Service, the Cogent DataHub®, in OPC networking and server bridging applications.

AGM Communication & Control Ltd., located in the Jordan Valley in Israel designs and implements systems to optimize customer assets by improving the real-time performance of their distributed control networks. They have been implementing the Cogent DataHub’s robust OPC tunnelling technology.

Smart Distribution LLC in St. Petersburg, Russia was recently launched to meet the requirements for industrial data integration in key sectors of the economy. Its staff has been using Skkynet’s DataHub technologies for QNX, Linux, and Windows for over a decade.

Noortech, in Jeddah, Saudi Arabia is a system integration firm working in building automation and civil, industrial, and mechanical engineering projects.

SMG Networks Corp. located in Alberta, Canada serves the system integration needs of the rapidly-growing oil and gas industry in the Athabasca oil sands reserves.

PT. TAB Solutions in Jakarta, Indonesia, is an IT company providing software development and integration services to the energy sector and related industries. Their clients have been implementing DataHub technologies on local projects.

RKA Consulting outside of Midrand, South Africa is the leading supplier of technical support, training, and product sales of GE-IP software in South Africa.

About Skkynet Cloud Systems, Inc.:

Skkynet Cloud Systems, Inc. (OTCQB:SKKY) is a global leader in real-time cloud information systems. Its Secure Cloud Service™ collects, processes, and distributes real-time information over networks, locally and remotely. This allows data-intensive organizations to safely and securely manage, supervise, and control industrial processes, embedded devices, and financial information systems. Skkynet’s wholly owned subsidiary, Cogent Real-Time Systems Inc., provides DataHub® and WebView™ proven middleware products that enable real-time data integration and distribution for industrial, embedded, and financial systems. Customers include Siemens, ABB, Honeywell, IBM, GE, Statoil, Goodyear, BASF, Cadbury Chocolate, and the Bank of Canada. For more information, see http://www.skkynet.com.

Safe Harbor:

This news release contains “forward-looking statements” as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. We assume no obligation to update the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Contact:
Crescendo Communications, LLC
Telephone: (212) 671-1020
Email: skky@crescendo-ir.com
or
Skkynet Cloud Systems, Inc.
Paul E. Thomas, President
Office: (888) 628-2028
Fax: (888) 705-5366
Web: http://skkynet.com
Email: ir@skkynet.com

Contacts

Crescendo Communications, LLC
212-671-1020
skky@crescendo-ir.com
or
Skkynet Cloud Systems, Inc.
Paul E. Thomas, 888-628-2028
President
Fax: 888-705-5366
http://skkynet.com
ir@skkynet.com

Contacts

Crescendo Communications, LLC
212-671-1020
skky@crescendo-ir.com
or
Skkynet Cloud Systems, Inc.
Paul E. Thomas, 888-628-2028
President
Fax: 888-705-5366
http://skkynet.com
ir@skkynet.com