Eight Solutions and BID Group Sign Agreement to Sell Cumul8 into Forestry Industry VANCOUVER BC, October 5, 2015 ? Eight Solutions Inc. (TSXV:ES) (?Eight Solutions? or the ?Company?) is pleased to announce it has signed a Cumul8 service and license agreement (?Agreement?) with The BID Group of Companies (?BID Group?), a leading provider of forestry equipment and mill construction services to the North American forestry industry. The Agreement resulted from the Company?s partnership with the BID Group previously announced on July 15, 2015. The Agreement involves Eight Solutions developing a variety of data visualization and analytic tools that will initially read machine data from equipment sold and installed by Comact, a subsidiary of the BID Group. A software license agreement to utilize Eight Solution?s Cumul8 software will underpin the Comact machine data product. Further, the Agreement contemplates a royalty license that will allow Eight Solutions to share in the product?s success when Comact sells the data visualization and analytic tool across the forestry industry as a complement to their existing series of products and services. There may also be additional downstream opportunities for Eight Solutions to develop other Cumul8-based data visualization solutions with individual forestry companies beyond the initial machine data applications. The BID Group manufactures, installs, and maintains operating equipment across North America. Eight Solutions anticipates that its Cumul8 technology on Comact machinery will vastly improve operating efficiencies, cut maintenance costs, reduce downtime, and make significant cost savings for forest product companies by providing a live, mobile visual understanding of the data generated at the operating level of each machine. ?This is an outstanding opportunity for us to work with Comact and the BID Group, a leading player in the forestry sector,? says Rory Armes, CEO of Eight Solutions. ?Our goal is to equip them with the right visualization and data analytic tools to show the forestry industry how utilizing the raw machine data in a live, visually effective way can dramatically improve sawmill performance.? ?We are excited that this partnership is now solidified,? says Alistair Cook, CEO of the BID Group. ?Technology and innovation are critical to our business and Cumul8, along with our talented people, will develop and provide a technology driven analytical tool to further help our customers operate more effectively and efficiently? About The BID Group of Companies The privately owned BID Group family of companies has over 30 years of experience in providing industry leading solutions to the forestry industry. Powered by Comact, PHL, Deltech, SEC, Miller and BID Group Construction, the BID Group provides innovative, efficient and reliable equipment to exceed its customers' expectations. Its ability to provide a turnkey solution that includes engineering, project management, installation, startup, and after sales service furthers the BID Group's strategic value to its customers. The BID Group has offices in fourteen locations across continental North America. For more information, visit www.bidgroup.ca. About Eight Solutions Inc. Eight Solutions is a technology company led by a team of gaming industry veterans. Eight Solution?s flagship product is Cumul8, a data analytics and visualization solution. Cumul8 works with any type of data source to help people and companies understand, collaborate, and make better decisions with data. Eight Solution's portfolio also includes an award-winning 3D technology licensed to the film industry and Reelhouse, a unique video-on-demand platform that allows films makers to distribute their content directly to users. For more information, visit www.eightsolutions.com. On Behalf of the Board of Directors ?Rory Armes? Rory Armes Chief Executive Officer and Director 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 press release may constitute "forward-looking" statements. When used in this press release, such statements use words, including but not limited to, "may", "will", "would", "should", "expect", "believe", "plan", "intend", "anticipate", "predict", "remain", "estimate", "potential", "continue", "could", "might", "project", "targeting', "future" and other similar terminology. These forward-looking statements reflect the current expectations of Eight Solutions' management regarding future events and operating performance, but involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Eight Solution, including industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Actual events could differ materially from those projected herein and depend on a number of factors. Factors that could cause actual events or results to differ materially from those suggested by these forward-looking statements include, but are not limited to: the possibility of development or deployment difficulties or delays; the dependence on its customers? satisfaction; the timing of entering into significant contracts; the risks involved in developing integrated software solutions and integrating them with third-party products and services; the risk that Eight Solution may not earn any royalties on BID Group?s sales of product or obtain any downstream customers in the forestry industry, the performance of the global economy and growth in the data analytics industry sales; implementation and development of the Company?s Cumul8 and Reelhouse technologies; customer and industry analyst perception of the Company and its technology vision and future prospects; the success of certain business combinations engaged in by the Company or by its competitors; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; dependence upon key personnel and hiring; reliance on a limited number of suppliers; risks related to the Company?s competition; the Company not adequately protecting its intellectual property; currency exchange rate risk; and including, but not limited to, other factors described in the Company?s reports filed on SEDAR (www.sedar.com), including its financial statements for the year ended December 31, 2014, and those referred to under the heading ?Risk Factors?. These forward-looking statements speak only as of the date of this press release. Eight Solutions does not undertake, and specifically disclaims, any obligation to update or revise any forward looking information, whether as a result of new information, future developments or otherwise, except as required by applicable law. For more Information, please contact: Danielle Rockel Vice President of Corporate Affairs Danielle@eightsolutions.com Suite 100, 138 East 7th Avenue Vancouver, British Columbia, V5T 1M6 Phone: (604) 669-8885 Fax: (604) 669-8855 To unsubscribe from this group and stop receiving emails from it, send an email to eight.shareholders+unsubscribe@eightsolutions.com.
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