Edge Technologies refreshes the brand image after the transaction and
ARLINGTON, Virginia, January 5, 2022 (GLOBE NEWSWIRE) – Edge Technologies Inc. (“edgeTI” or the “Company”) updated its brand and website today following its transaction (the “Transaction”) with Aphelion Capital Corp. (“Aphelion”) to become “Edge Total Intelligence, Inc.” The brand refresh includes an updated logo that preserves the previous appearance of the company while emphasizing total intelligence with the addition of TI to the wordmark.
“We believe this refresh, after the deal closes, positions edgeTI to execute our growth strategy to expand market knowledge and deliver disruptive business control and intelligence automation solutions – Total Intelligence, ”said James Barrett, CEO of edgeTI. “Our low-code software platform enables organizations to quickly understand threats and opportunities to accelerate direct actions on technology and business operations, all without uprooting existing technology applications or replicating expensive data stores. “
In connection with the Transaction, Aphelion’s previous trade symbol, APHE, was changed to “CTRL” in order to clearly align the Company’s focus on organizational control, automation and optimization. The company’s shares are expected to resume trading in January. The official date will be communicated once the approvals are completed and scheduled with the TSX Venture Exchange.
“Our experience shows us that customer expectations for ongoing operations have increased in the face of continued global and regional disruption. Business operations, especially supply chains, and their underlying technology must be more resilient, contextual, composable and controllable, ”added James Barrett. “This is what we are solving every day, and we must evolve to meet growing customer demand for real-time digital operations. “
Previously announced transaction and financing
Further information on the transaction is available on the Company’s website and on its SEDAR profile at www.sedar.com and in Aphelion’s press release dated December 24, 2021.
Edge Total Intelligence is a leader in real-time digital operations, delivering increased operational resilience, agility and efficiency. The company’s low-code rapid development software, edgeCore ™, securely unifies control and intelligence without creating new data stores or uprooting existing systems. Configurable pipelines and visualizations transform siled systems into composable operations that meet unique user needs and evolving business situations. Learn more at www.edgeti.com.
Forward-looking information and statements
Certain information contained in this press release may contain forward-looking statements. This information is based on current expectations which are subject to significant risks and uncertainties which are difficult to predict. Such forward-looking information includes, but is not limited to, statements regarding the resumption of trading of the Company’s shares, execution and expectations relating to its growth strategy and its ability to evolve to meet increasing demand. Actual results may differ materially from results suggested in forward-looking statements. edgeTI assumes no obligation to update any forward-looking statements or to update the reasons why actual results could differ from those reflected in forward-looking statements unless and until applicable securities laws. to edgeTI require it. Additional information identifying the risks and uncertainties is contained in documents filed by edgeTI with Canadian securities regulators, which documents are available at www.sedar.com.
The TSX Venture Exchange Inc. has in no way passed upon the merits of the Qualifying Transaction and has neither approved nor disapproved of the contents of this press release.
Trading in edgeTI shares will remain suspended until authorization to resume trading has been obtained from the TSX Venture Exchange.