Burnaby, British Columbia–(Newsfile Corp. – June 29, 2022) – Railtown AI Technologies Inc. (CSE: RAIL) (“Railtown” or the “Company“) is pleased to provide the following update on corporate performance.
Since December 2021 the company has seen significant organic growth in user sign-ups with 30 new companies using our technology. Software Engineers are very particular about the tools and services that they use in their everyday lives to build applications and we are excited to see the uptake of our technology throughout the engineering community. Since the release of Railtown for JavaScript this has been especially so. We are anticipating similar user growth upon the future releases of Railtown for NodeJS, Railtown for Java, and Railtown for Python.
Railtown would also like to announce that the company has engaged digital marketing agency Brantr Media to run our user acquisition campaigns as a complement to our own sales efforts.
Railtown is also very pleased to announce that our engine is performing as anticipated and is catching 100% of all errors created in any application across all environments.
Additionally, Railtown will be attending Microsoft Inspire July 19 – 20; Railtown CEO Cory Brandolini and Railtown CTO Marwan Haddad will be participating as Networking Attendees. Microsoft Inspire is Microsoft’s largest partner event of the year, focused on the Microsoft Cloud, partner programs, and opportunities to grow business in the year ahead. https://inspire.microsoft.com/en-US/home
ABOUT RAILTOWN AI TECHNOLOGIES INC.
Railtown has developed a SAAS-delivered solution for software development teams that utilizes AI to drive optimizations and deliver insights at every stage of software development. Railtown converts CI/CD systems to full CI/CD/CM (continuous monitoring) systems – monitor, diagnose, and prioritize errors from the whole CI/CD environment on a single platform. Railtown’s Continuous Machine Learning Application will empower developers to accelerate innovation while ensuring their applications reliability and increasing velocity.
INVESTOR CONTACT
Rebecca Kerswell, Vice President, Marketing and Communications
Email: rebecca@railtownaitechnologies.com
This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “intends”, “anticipates”, “expects” and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding the future plans and objectives of the Company, the commencement of trading of the Company’s common shares on the CSE, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are risks detailed from time to time in the filings made by the Company with securities regulators.
Readers are 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. As a result, the Company cannot guarantee that any forward-looking statement will materialize, and readers should not place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by Canadian securities law.