Affluence Corporation Announces Asia Pacific
Headquarters with Establishment of Singapore
Company
Oak Brook, IL -- February 17, 2021 -- InvestorsHub
NewsWire -- Affluence Corporation (AFFU.PK),
a diversified technology company focusing on innovative Edge Cloud,
IoT and 5G enhancing technologies announced today that the company has established a
legal entity in Singapore as a response to the growing demand for
its products and services in Africa, India and the Asia Pacific
markets.
“The Singapore headquarters will allow us to
continue to build on our strategy of developing a global footprint
and is a direct response to multiple opportunities in our sales
pipeline in Africa, India and Asia Pacific markets, said James E.
Honan, Jr., Affluence’s CEO. “We are working on several
acquisitions of Technology Companies, Businesses and large-scale
Projects. These acquisitions will help expand our portfolio of
Technologies, Expertise and project execution capabilities along
with deployment opportunities for OneMind Smart City Software and
products offered by our upcoming acquisition of Flexiscale and
Flexiant Edge Cloud Computing solution. These opportunities
will translate to significant purchase orders before the end of
Q2. Our
Singapore headquarters will be led by Avinash Bector. He is coming
in with an impressive global experience and record of
accomplishments in setting up new businesses and growing companies
holding executive positions at ISLP Technologies, HCL, Motorola and
Tata Infotech,” said
Honan.
“We are investing in Africa; India and Asia
Pacific markets as we continue to see greater demand for deployment
of Technologies, Products and Services in multiple initiatives on
“Digitalization” of various businesses and processes. Our existing
portfolio of products and services in identified technology
verticals of Edge Cloud and Smart City solutions aligns well with
global drive on “Industry 4” and the deployment opportunities
continues to grow at a significantly higher CAGR in this region as
compared to others,” said Avinash Bector, CEO at Singapore
Headquarters. “At present, we are engaged with multiple large
high-profile business opportunities with Government, Multinational
Corporations, Telcos and System Integrators on projects including
Super Computing Solutions, Optical Fiber based Data Transport
Infrastructure, Edge Cloud Infrastructure & Services and IoT
Solutions including Smart City applications. Our offerings are
comfortably out-scoring competition on Techno-Commercial
evaluations. We are confident of translating these to multiple
purchase orders this year”, said Bector.
About Affluence
Corporation
Affluence Corporation (AFFU.PK)
is a diversified technology company focused on edge computing and
innovative cloud solutions that capitalize on IoT, AI and 5G
technologies. We are investing in mid-market businesses to
create a cohesive unit which brings together technology for the
next generation of internet.
About FlexiScale Technologies,
Ltd
Flexiscale Technologies Ltd. is a next generation
Edge Cloud Service provider using its scalable modular Edge Cloud
Nano Node infrastructure that allows customers and application
service providers to rapidly launch their edge applications and
services on any Flexiscale Edge Cloud location. Flexiscale Edge
Cloud is agile and delivered using its “datacenter in a box” Nano
Node, a scalable, innovative and energy efficient “green”
technology reducing datacenter footprint. Customers also benefit
from a lower operating cost with minimal environmental impact,
compute and fast storage, and its Edge Orchestration software,
Flexiant.
Partnered with Flexiant, Flexiscale Edge
Orchestration provides infrastructure, platform and application
services with end-to-end workflow and business automation, enabling
any customers to rapidly deliver cloud solutions through an easy to
use self-service cloud interface.
Flexiscale’s technology is Telco and Service
provider ready, can be located anywhere – on rooftops, underground,
factories, offices, 5G locations etc. It enables application
providers and data providers, to allow customers to deliver their
solutions, applications, and workloads to any Edge location
globally. It also provides a range of computer and hybrid cloud
services with rapid provisioning of on demand
services.
Flexiscale Edge Cloud is a major step change in
the evolution of the next generation internet, transforming and
transitioning the future of the datacenter and the
cloud.
About Flexiant
Flexiant has been named a Gartner Cool Vendor in
Cloud Management and received the Info-Tech Research Group
Trendsetter Award for two consecutive years. Flexiant provides
solutions aimed solely at helping service providers capture the
cloud market opportunity. Flexiant has equipped service providers
with the solutions essential to launch revenue generating cloud
services quickly and easily.
About OneMind Technologies
SL
OneMind Technologies SL is a wholly owned
subsidiary of Affluence Corporation. The OneMind Intelligent
IoT solution builder is used to create applications for smart
construction and smart city operations. Functioning as
systems of systems, OneMind connects data sources to one single
point of insight to provide real-time information on operational
processes. It is a key component in the enterprise solutions
currently being offered by several Fortune 50 companies that
resell, distribute and integrate smart city enterprise
solutions. https://wwwonemindtechnologies.com
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. There are important factors that could cause
actual results to differ materially from those expressed or implied
by such forward-looking statements, including: general economic
business conditions, competitive and technological factors,
markets, services, products and prices, availability and the cost
of capital, success of growth initiatives, limited operating
history and other factors discussed in our filings with the
Securities and Exchange Commissions. Additionally, this release may
not be considered as legal, accounting, or investment advice, and
is not, and may not be considered, a solicitation for the purchase
of any securities issued by Affluence
Corporation.
For further information
contact Affluence Corporation Investor Relations at
720-295-6409.