Aisix Solutions Inc. (formerly, Minerva Intelligence Inc.) Announces Name and Symbol Change, and Provides Update
August 15 2023 - 4:00AM
Aisix Solutions Inc. (TSXV:
MVAI)
(the “
Company” or “
Aisix
Solutions”), an emerging global climate risk and
data-analytics solutions provider, is pleased to announce that the
Company has changed its name from “Minerva Intelligence Inc.” to
“Aisix Solutions Inc.”, effective immediately. The common shares of
the Company (the “
Common Shares”) are expected
begin trading on the TSX Venture Exchange (the
“
TSXV”) under the Company's new name and under the
new ticker symbol “AISX” on August 17, 2023. This strategic change
reflects the Company’s evolution and focus towards providing novel
AI-driven solutions that help the Company’s customers manage the
risks and costs posed by climate change. In connection with the
Company's name change, shareholders will not be asked to deliver a
letter of transmittal.
In response to the pressing challenges of
climate change, Aisix Solutions has recognized the urgent need for
breakthrough technologies to address climate-related risk.
Leveraging its expertise in artificial intelligence,
data-analytics, and risk assessment, the Company is committed to
offering comprehensive solutions that empower industries,
governments and consumers to make informed decisions in the face of
climate-related risks.
“Our rebranding to Aisix Solutions marks an
important step in our journey,” said Mihalis Belantis, new CEO of
Aisix Solutions. “As the world faces unprecedented risks and costs
associated with climate related natural disasters, we require
accurate and expansive tools that provide actionable insights and
reporting. With advancements of our data and AI technology, we aim
to be part of the transformation on how we assess and mitigate
climate risks.
Aisix Solutions combines novel machine-learning
algorithms, data science, datasets and sophisticated physical
modeling, to provide users with accurate and predictive climate
models and risk assessment tools. The Company’s advanced
technologies are intended to empower consumers, governments, and
small, medium and large enterprises across various sectors
including finance, insurance, energy, agriculture, and urban
planning to assess and mitigate climate risks.
Asix Solutions will continue to collaborate with
leading experts, research institutions, and industry partners to
further enhance its capabilities and expand its portfolio of
climate risk solutions. The Company remains committed to pushing
the boundaries of innovation and addressing the multifaceted
challenges posed by climate change.
For more information about Aisix Solutions and
its climate risk solutions, please visit our website www.aisix.ca
or follow us on Twitter (@AisixSolutions) or LinkedIn
(aisix-solutions).
About Aisix Solutions
Aisix Solutions is a leading global climate risk
and data-analytics solutions provider trusted by organizations
seeking a more predictive future. Leveraging the advancements of
artificial intelligence, data analytics, and risk assessment, Aisix
Solutions is on a mission to provide accurate assessments to help
people, businesses and governments effectively analyze, manage, and
mitigate climate-related risks. By empowering organizations with
real-time insights, Aisix Solutions aims to foster resilience and
sustainability in the face of climate change.
For further information:Mihalis Belantis, Chief Executive
Officer+1 (604) 620-1051investors@aisix.ca
Forward Looking Statements
Certain information in this news release
constitutes forward-looking statements and forward-looking
information (collectively, the “forward-looking
statements”) within the meaning of Canadian securities
laws, and is subject to numerous risks, uncertainties, and
assumptions, many of which are beyond the Company's control. This
forward-looking information includes, among other things,
information with respect to the Company's beliefs, plans,
expectations, anticipations, estimates and intentions. The words
“may”, “could”, “should”, “would”, “suspect”, “outlook”, “believe”,
“anticipate”, “estimate”, “expect”, “intend”, “plan”, “target” and
similar words and expressions are used to identify forward-looking
information, including the expected date for trading on the TSXV
under the new name, the Company’s expected product offerings and
the Company’s expected growth opportunities. The forward-looking
information in this news release describes the Company's
expectations as of the date of this news release.
The results or events anticipated or predicted
in such forward-looking information may differ materially from
actual results or events. Material factors which could cause actual
results or events to differ materially from such forward-looking
information include, among others, the Company's ability to engage
and retain qualified key personnel, employees and affiliates, the
Company’s ability to obtain capital and credit on reasonable terms,
the Company’s ability to compete and the Company’s ability protect
its intellectual property rights.
The Company cautions that the foregoing list of
material factors is not exhaustive. When relying on the Company's
forward-looking information to make decisions, investors and others
should carefully consider the foregoing factors and other
uncertainties and potential events. The Company has assumed a
certain progression, which may not be realized. It has also assumed
that the material factors referred to in the previous paragraph
will not cause such forward-looking information to differ
materially from actual results or events. However, the list of
these factors is not exhaustive and is subject to change and there
can be no assurance that such assumptions will reflect the actual
outcome of such items or factors.
The forward-looking statements contained in this
news release represent the expectations of the Company as of the
date of this news release and, accordingly, is subject to change
after such date. Readers should not place undue importance on
forward-looking information and should not rely upon this
information as of any other date. While the Company may elect to,
it does not undertake to update this information at any particular
time.
Media Contact
media@aisix.ca
Investor Relations
investors@aisix.ca
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release
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