Roche CEO Warns US Drug Price Deals Could Raise Costs of New Medicines in Switzerland 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
7-Eleven CEO Joe DePinto to Retire After Two Decades at the Helm 
Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
FDA Fast-Tracks Approval of Altria’s on! PLUS Nicotine Pouches Under New Pilot Program 
Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Italy Fines Apple €98.6 Million Over App Store Dominance 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
California Regulator Probes Waymo Robotaxi Stalls During San Francisco Power Outage 
Mississauga, Ontario, Dec. 07, 2016 -- Skkynet Cloud Systems, Inc. (“Skkynet”) (OTCQB: SKKY), a global leader in real-time cloud information systems, announces that Cogent Real-Time Systems, a Skkynet subsidiary, signed a memo of understanding with BellChild Ltd. of Osaka, Japan, to launch the next generation iBRESS™ cloud service. This MOU supports the rollout of an Asian-market specific SaaS (Software as a Service) for secure, real-time data communication suitable for Industrie 4.0 and Industrial IoT (IIoT) applications.
“We are pleased to strengthen our relationship with BellChild in this way,” said Paul Thomas, President of Skkynet, “and build on the success of the current iBRESS Secure Cloud Micro Service, which we have been offering jointly for the past 18 months. Adding the capabilities of the SkkyHub™ service to BellChild’s portfolio will significantly enhance their ability to serve their customers.”
Users of the improved iBRESS service will be able to securely connect industrial plants, machines, or individual sensors and actuators to a complete Industrie 4.0 or IIoT system. This will allow BellChild customers to monitor and control their industrial processes in real time, from a web page or mobile phone, as well as log data directly to any database or Big Data repository. The improved service requires no programming, and allows users to seamlessly integrate existing systems using standard protocols, while incrementally adding Industrie 4.0 or IIoT capability as needed.
Underpinning the iBRESS and SkkHub services, Skkynet’s patented technology for secure, outbound-only connections is fully compatible with corporate IT policies, and ensures no exposed attack surface – no open firewall ports, no VPN, and no extra hardware. It provides Industrie 4.0 and IIoT connectivity at in-plant networking speeds of microseconds over network latency, and processes up to 50,000+ data changes per second.
About BellChild
BellChild is a system integration company focusing on secure system development, robust infrastructure development, and advanced operations capabilities. BellChild’s BEAM platform provides highly secure cloud services for the financial sector. The company develops and maintains secure servers used to support high-speed financial transactions, which is also used to provide a robust and secure platform to support industrial cloud-based systems in the form of iBRESS™ service. For more information, see http://www.bell-c.co.jp/.
About Skkynet
Skkynet Cloud Systems, Inc. (OTCQB: SKKY) is a global leader in real-time cloud information systems. The Skkynet Connected Systems platform includes the award-winning SkkyHub™ service, DataHub®, WebView™, and Embedded Toolkit (ETK) software. The platform enables real-time data connectivity for industrial, embedded, and financial systems, with no programming required. Skkynet’s platform is uniquely positioned for the “Internet of Things” and “Industry 4.0” because unlike the traditional approach for networked systems, SkkyHub is secure-by-design. For more information, see http://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. Skkynet assumes no obligation to update the forward-looking statements. Although Skkynet believes 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 Skkynet’s annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the U.S. Securities and Exchange Commission.
Contact Skkynet Cloud Systems, Inc. Paul E. Thomas, President Office: (888) 628-2028 Fax: (888) 705-5366 Web: http://skkynet.com Email: [email protected]
