ATW News

 

ATW Tech Announces Brokered Private Placement of Common Shares

Montréal Qc. – (TheNewswire) – June 11, 2021 – ATW Tech Inc. (the “Company” or “ATW Tech“) (TSXV:ATW) is pleased to announce its intention to complete a private placement of 7,692,306 common shares of the Company (the “Shares”) at a price of $0.065 per Share for gross proceeds of $500,000 (the “Private Placement“). The proceeds of the Private Placement will be used by ATW Tech, for its own benefit and that of its subsidiaries, in order to finance current operations and to repay the Company’s short term debt. In consideration for brokering the Private Placement, ATW Tech will pay Services Conseils Optimista Inc. (the “Broker”) a cash commission equal to four percent (4%) of the value of the Private Placement, representing a commission fee of $20,000 (the “Commission”). The Private Placement constitutes a “related party transaction”, as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“), given that an...

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Semeon Analytics will be an Exhibitor at the Largest Banking Technology Forum 2021 in North America

Montréal Qc. – (TheNewswire) – Semeon Analytics, an ATW Tech Inc. company, is proud to announce that the company will be an important exhibitor at the Customer Experience Summit of the Banking Technology Forum BTF 2021 CX on June 9 and 10. https://banktechforum.io/cx/our-story/ Semeon Analytics, which specializes in deep text analytics, will be present at the event to showcase its revolutionary natural language processing technology to more than 200 representatives of the North American banking community. The banking community is increasingly looking to get closer to the needs of its customers by personalizing their experience and quickly benefiting from their feedback, whether it’s negative or positive. “Today, thanks to machine learning (ML) and automated language processing (NLP), it is now possible to predict the needs of the customer; to detect irony, the root causes of complaints, or the real needs and desires of the customer, without even asking them a...

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Semeon Analytics Secures Major Development Agreement with Qualtrics

MONTREAL, QC – TheNewswire - May 14 2021 - Semeon Analytics, an ATW Tech Inc. (TSXV:ATW) company,  is proud to announce that on May 4th it signed a development agreement with Qualtrics, the leading experience Voice of the Customer platform, on May 4, 2021. Qualtrics is traded on the NASDAQ and was acquired by SAP in 2019 for US$8 billion. “As many of our customers are already Qualtrics customers, it was becoming increasingly necessary for us to facilitate the transfer of data between the two environments”, said Eric de Gheldere, Vice President of Strategic Initiatives at Semeon Analytics. With this new agreement, Semeon's goal is to develop a versatile connector over the next two quarters. The connector will provide easy access for Qualtrics customers to export their data hassle free in the Semeon platform and vice versa. This move will facilitate and extend the arsenal of powerful market research tools at the disposal of its clients for uncovering faster, more meaningful insights....

read more

ATW TECH INC. REPORTS ITS FINANCIAL RESULTS FOR 2020

Montreal – (TheNewswire) – April 29th, 2021 – ATW Tech Inc. (the « Company » or « ATWTech ») (TSX-V: ATW) reports today its earnings for the fiscal year, which ended on December 31st, 2020. The Company reported revenue of $2.3M in 2020 compared to $5.7M in 2019, a drop of $3.4M attributable predominantly to the customer remediation exercise (costly compliance exercise) and the asset sale of VuduMobile Inc; Cost of sales amounted to $2.1M in 2020 as opposed to $5.0M in 2019, a 2.9M drop representing a margin of $231k in 2020 compared to $683k in 2019; SG&A expenses were down $511k and $760k respectively compared to the same period in 2019; G5 Management Group Inc. successfully converted its $2,000,000 convertible loan into 20,000,000 common shares of the Company on February 11th, 2020, resulting in an annual interest savings of $200,000; On February 12th, 2020, the Company also announced the nomination of two new directors on the Board of Directors, Mr. Louis Lessard and Mr....

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Key partnership for Semeon Analytics Inc. and Adexflow opens new international markets

MONTREAL, March 15, 2021 (GLOBE NEWSWIRE) — Semeon Analytics, an ATW Tech Inc. company, and Adexflow international are joining forces to collaborate, beginning in the second quarter of 2021, on a series of service mandates and joint offers concerning the management of critical data and advanced text analytics in the sectors of military, shipbuilding and engineering infrastructure. Adexflow, based in Ottawa, which has developed a solution and expertise in the management and exchange of secure data within complex systems, is proud to find in Semeon a new partner that will help the company expand its complementary offer in text analytics, within the Adexflow ecosystem. The company has offices in America, Europe and Oceania. “Semeon is the missing piece of the puzzle (in terms of analytics) that will allow our customers, who already have massive text data in the BDBridge database, to have access to a wide range of advanced text analytics tools”, explains Adexflow President Sylvain Doco....

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ATW Tech is Pleased to Appoint Mr. Christian Trudeau as Chairman of its Board of Directors

MONTREAL, March 01, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company” or “ATW Tech”) (TSX-V: ATW) is pleased to announce the appointment of Mr. Christian Trudeau as Chairman of the Board of Directors of the Company to replace Mr. Michel Guay, who was holding the position on an interim basis. This news follows his nomination as a director at the last annual general meeting of shareholders, as announced in a press release dated January 19, 2021. Mr. Guay, President and Chief Executive Officer of the Company, remains director. “We would like to welcome Mr. Christian Trudeau to his new role and we thank him in advance for his great contribution to come,” stated Mr. Michel Guay. Mr. Trudeau is currently the President and founder of Services Conseils Optimista Inc., a group of management and strategic guidance consultants assisting entrepreneurs in the search for financing, in negotiation process with investors as well as in the analysis and implementation of growth strategies. Mr....

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Semeon Analytics Wins Major Artificial Intelligence Contract with U.S. Military

Semeon’s latest product release provides a strong market position to serve defense institutions worldwide. MONTREAL, Feb. 16, 2021 (GLOBE NEWSWIRE) — Semeon Analytics, an ATW Tech Inc. company, is pleased to announce its most recent contract with a branch of the U.S. military to apply its technology to better understand how complex composite materials can fail and therefore facilitate the development of processes that safeguard components assembled with these new materials. The contract follows the release of Semeon’s latest artificial intelligence semantic analysis engine, including a series of unique features that can be used to better understand key concepts in text from a number of very different types of content sources such as databases, enterprise content management systems, file servers and more. The new features enable the following types of applications: • Better understand how different steps in chemical or mechanical manufacturing processes impact one another. • Save time...

read more

ATW Tech Announces the Grant of New Stock Options

MONTREAL, Feb. 09, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company” or “ATW Tech”) (TSX-V: ATW), announces that, pursuant to its stock option plan (the “Plan”), a total of 4,500,000 stock options have been granted to officers, employees and consultants of the Company and to members of the Board of Directors. These options have an exercise price of $0.115 per share and expire 10 years after the date of grant. The options will vest according to the following schedules: (i) for officers, directors and employees, over a period of three years following the date of grant at the rate of one third per year and (ii) for consultants, over a period of 12 months following the date of grant at the rate of one fourth per quarter. This grant of stock options is the result of several important developments that have taken place over the past year, as described in the press release dated January 28, 2021. The acquisition of Semeon Analytics Inc. (“Semeon“) is, among other things, one of these...

read more

ATW TECH provides an update on recent events in its operations and its opportunities

MONTREAL, Jan. 28, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company”) (TSX-V: ATW), a technology company recognized for its CRTC Canadian operator license (payment solutions and telephone billing) and intellectual property such as Option.vote (a multi-method survey and polling voting platform) and Semeon Analytics Inc., its latest acquisition (an AI platform for high-precision text analytics in high-end industries), provides an update on recent events and operations from the first quarter of 2020 through the first quarter of 2021. • 1st quarter – 2020 • Conversion by Groupe Gestion G5 Inc., a company owned by Mr. André Imbeau, of its $2,000,000 convertible loan in consideration of 20,000,000 common shares of the Company issued at a price of $0.10 per share, representing an annual interest savings of $200,000, as announced in a press release dated February 12, 2020. • Change in the composition of the board of directors with the appointment of two new directors, Mr. Louis Lessard...

read more

ATW Tech Announces Brokered Private Placement of Common Shares

Montréal Qc. – (TheNewswire) – June 11, 2021 – ATW Tech Inc. (the “Company” or “ATW Tech“) (TSXV:ATW) is pleased to announce its intention to complete a private placement of 7,692,306 common shares of the Company (the “Shares”) at a price of $0.065 per Share for gross proceeds of $500,000 (the “Private Placement“). The proceeds of the Private Placement will be used by ATW Tech, for its own benefit and that of its subsidiaries, in order to finance current operations and to repay the Company’s short term debt. In consideration for brokering the Private Placement, ATW Tech will pay Services Conseils Optimista Inc. (the “Broker”) a cash commission equal to four percent (4%) of the value of the Private Placement, representing a commission fee of $20,000 (the “Commission”). The Private Placement constitutes a “related party transaction”, as such term is defined by Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“), given that an...

read more

Semeon Analytics will be an Exhibitor at the Largest Banking Technology Forum 2021 in North America

Montréal Qc. – (TheNewswire) – Semeon Analytics, an ATW Tech Inc. company, is proud to announce that the company will be an important exhibitor at the Customer Experience Summit of the Banking Technology Forum BTF 2021 CX on June 9 and 10. https://banktechforum.io/cx/our-story/ Semeon Analytics, which specializes in deep text analytics, will be present at the event to showcase its revolutionary natural language processing technology to more than 200 representatives of the North American banking community. The banking community is increasingly looking to get closer to the needs of its customers by personalizing their experience and quickly benefiting from their feedback, whether it’s negative or positive. “Today, thanks to machine learning (ML) and automated language processing (NLP), it is now possible to predict the needs of the customer; to detect irony, the root causes of complaints, or the real needs and desires of the customer, without even asking them a...

read more

Semeon Analytics Secures Major Development Agreement with Qualtrics

MONTREAL, QC – TheNewswire - May 14 2021 - Semeon Analytics, an ATW Tech Inc. (TSXV:ATW) company,  is proud to announce that on May 4th it signed a development agreement with Qualtrics, the leading experience Voice of the Customer platform, on May 4, 2021. Qualtrics is traded on the NASDAQ and was acquired by SAP in 2019 for US$8 billion. “As many of our customers are already Qualtrics customers, it was becoming increasingly necessary for us to facilitate the transfer of data between the two environments”, said Eric de Gheldere, Vice President of Strategic Initiatives at Semeon Analytics. With this new agreement, Semeon's goal is to develop a versatile connector over the next two quarters. The connector will provide easy access for Qualtrics customers to export their data hassle free in the Semeon platform and vice versa. This move will facilitate and extend the arsenal of powerful market research tools at the disposal of its clients for uncovering faster, more meaningful insights....

read more

ATW TECH INC. REPORTS ITS FINANCIAL RESULTS FOR 2020

Montreal – (TheNewswire) – April 29th, 2021 – ATW Tech Inc. (the « Company » or « ATWTech ») (TSX-V: ATW) reports today its earnings for the fiscal year, which ended on December 31st, 2020. The Company reported revenue of $2.3M in 2020 compared to $5.7M in 2019, a drop of $3.4M attributable predominantly to the customer remediation exercise (costly compliance exercise) and the asset sale of VuduMobile Inc; Cost of sales amounted to $2.1M in 2020 as opposed to $5.0M in 2019, a 2.9M drop representing a margin of $231k in 2020 compared to $683k in 2019; SG&A expenses were down $511k and $760k respectively compared to the same period in 2019; G5 Management Group Inc. successfully converted its $2,000,000 convertible loan into 20,000,000 common shares of the Company on February 11th, 2020, resulting in an annual interest savings of $200,000; On February 12th, 2020, the Company also announced the nomination of two new directors on the Board of Directors, Mr. Louis Lessard and Mr....

read more

Key partnership for Semeon Analytics Inc. and Adexflow opens new international markets

MONTREAL, March 15, 2021 (GLOBE NEWSWIRE) — Semeon Analytics, an ATW Tech Inc. company, and Adexflow international are joining forces to collaborate, beginning in the second quarter of 2021, on a series of service mandates and joint offers concerning the management of critical data and advanced text analytics in the sectors of military, shipbuilding and engineering infrastructure. Adexflow, based in Ottawa, which has developed a solution and expertise in the management and exchange of secure data within complex systems, is proud to find in Semeon a new partner that will help the company expand its complementary offer in text analytics, within the Adexflow ecosystem. The company has offices in America, Europe and Oceania. “Semeon is the missing piece of the puzzle (in terms of analytics) that will allow our customers, who already have massive text data in the BDBridge database, to have access to a wide range of advanced text analytics tools”, explains Adexflow President Sylvain Doco....

read more

ATW Tech is Pleased to Appoint Mr. Christian Trudeau as Chairman of its Board of Directors

MONTREAL, March 01, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company” or “ATW Tech”) (TSX-V: ATW) is pleased to announce the appointment of Mr. Christian Trudeau as Chairman of the Board of Directors of the Company to replace Mr. Michel Guay, who was holding the position on an interim basis. This news follows his nomination as a director at the last annual general meeting of shareholders, as announced in a press release dated January 19, 2021. Mr. Guay, President and Chief Executive Officer of the Company, remains director. “We would like to welcome Mr. Christian Trudeau to his new role and we thank him in advance for his great contribution to come,” stated Mr. Michel Guay. Mr. Trudeau is currently the President and founder of Services Conseils Optimista Inc., a group of management and strategic guidance consultants assisting entrepreneurs in the search for financing, in negotiation process with investors as well as in the analysis and implementation of growth strategies. Mr....

read more

Semeon Analytics Wins Major Artificial Intelligence Contract with U.S. Military

Semeon’s latest product release provides a strong market position to serve defense institutions worldwide. MONTREAL, Feb. 16, 2021 (GLOBE NEWSWIRE) — Semeon Analytics, an ATW Tech Inc. company, is pleased to announce its most recent contract with a branch of the U.S. military to apply its technology to better understand how complex composite materials can fail and therefore facilitate the development of processes that safeguard components assembled with these new materials. The contract follows the release of Semeon’s latest artificial intelligence semantic analysis engine, including a series of unique features that can be used to better understand key concepts in text from a number of very different types of content sources such as databases, enterprise content management systems, file servers and more. The new features enable the following types of applications: • Better understand how different steps in chemical or mechanical manufacturing processes impact one another. • Save time...

read more

ATW Tech Announces the Grant of New Stock Options

MONTREAL, Feb. 09, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company” or “ATW Tech”) (TSX-V: ATW), announces that, pursuant to its stock option plan (the “Plan”), a total of 4,500,000 stock options have been granted to officers, employees and consultants of the Company and to members of the Board of Directors. These options have an exercise price of $0.115 per share and expire 10 years after the date of grant. The options will vest according to the following schedules: (i) for officers, directors and employees, over a period of three years following the date of grant at the rate of one third per year and (ii) for consultants, over a period of 12 months following the date of grant at the rate of one fourth per quarter. This grant of stock options is the result of several important developments that have taken place over the past year, as described in the press release dated January 28, 2021. The acquisition of Semeon Analytics Inc. (“Semeon“) is, among other things, one of these...

read more

ATW TECH provides an update on recent events in its operations and its opportunities

MONTREAL, Jan. 28, 2021 (GLOBE NEWSWIRE) — ATW Tech Inc. (the “Company”) (TSX-V: ATW), a technology company recognized for its CRTC Canadian operator license (payment solutions and telephone billing) and intellectual property such as Option.vote (a multi-method survey and polling voting platform) and Semeon Analytics Inc., its latest acquisition (an AI platform for high-precision text analytics in high-end industries), provides an update on recent events and operations from the first quarter of 2020 through the first quarter of 2021. • 1st quarter – 2020 • Conversion by Groupe Gestion G5 Inc., a company owned by Mr. André Imbeau, of its $2,000,000 convertible loan in consideration of 20,000,000 common shares of the Company issued at a price of $0.10 per share, representing an annual interest savings of $200,000, as announced in a press release dated February 12, 2020. • Change in the composition of the board of directors with the appointment of two new directors, Mr. Louis Lessard...

read more