Edge Technologies Awarded Contract from Idaho Environmental Coalition

ARLINGTON, Va., March 01, 2023 (GLOBE NEWSWIRE) -- Edge Technologies Inc. ("edgeTI") (TSXV:CTRL; OTC: UNFYF; FSE:Q5i), the U.S. operating company of Edge Total Intelligence Inc. and leader in real-time digital operations solutions, was awarded a contract to deliver real-time actionable dashboards via its edgeCoretm platform to assist the Idaho Environmental Coalition, LLC (IEC) in enhancing situation awareness and improving efficient and effective decision making as part of its Idaho Clean-up mission.

"edgeTItm is pleased to receive this contract in support of environmental management. In partnership with North Wind Group, a premier deployment partner, we look forward to bringing a new level of situational awareness and actionability to the IEC," said Jim Barrett, CEO of Edge Technologies Inc. "This award builds on our prior work and expertise with program teams for U.S. Pentagon renovation, U.S. Army's PEO Soldier, U.S. Navy's Pacific Fleet, and NATO Cybersecurity."

The IEC manages cleanup operations at the Idaho National Laboratory (INL) Site. The IEC team has a history of accelerating cleanup to reduce environmental liabilities in a safe, compliant, and cost-effective manner that protects human health and the environment.

About edgeTI
edgeTI helps customers sustain situational awareness and accelerate data-driven action with its real-time digital operations software, edgeCoretm. Global enterprises, service providers, and governments are more profitable when insight and action are united to deliver fluid experiences via the platform's low-code development capability and composable experiences. With edgeCore, customers improve their margins and agility by rapidly transforming siloed systems and data across evolving, complex situations in business, technology, and cross-domain operations ? helping them achieve the impossible.

Traded on: TSXV:CTRL, OTC: UNFY, FSE: Q5i.

Learn more and follow us on:
Website: https://edgeti.com
LinkedIn: www.linkedin.com/company/edgeti
YouTube: www.youtube.com/user/edgetechnologies
Twitter: www.twitter.com/edge_suite

For further Information contact:

Nick Brigman
Phone: 888-771-3343
Email: [email protected]

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

Forward-looking Statements

Certain statements in this news release are forward-looking statements or information for the purposes of applicable Canadian and US securities law, including statements regarding the Company's beliefs that edgeTI's products will be attractive to government, the impact of edgeCoretm on governments operations and its agility, and continued use across the contract are subject to Federal budget approvals. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions.

Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, federal budget changes, competition and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.