OneSoft Report Results of AGSM and Grant of Stock Options

EDMONTON, AB / ACCESSWIRE / May 26, 2023 / OneSoft Solutions Inc. (TSXV:OSS)(OTCQB:OSSIF) ("OneSoft" or the "Company") announces that the Company's Annual General and Special Meeting ("AGSM") of the shareholders was held May 23, 2023. The scrutineer's report stated that the meeting quorum was met, with voting by 119 shareholders present in person or represented by proxy at the meeting, representing 69,228,906 or 57.2% of the issued and outstanding common shares of OneSoft. All resolutions stated in the Management Information Circular distributed to shareholders and filed on SEDAR on or about April 26, 2023 were passed.

Subsequent to the meeting, 1,000,000 stock options were granted to Directors, Officers and senior executives of the Company including 200,000 to the new Director appointed at the AGSM and 100,000 to each of eight other individuals as part of their compensation plans. All options granted have a strike price of $0.50, vest 50% on each of the grant and anniversary dates and will expire in five years if not exercised.

About OneSoft and OneBridge

OneSoft has developed software technology and products that have capability to transition legacy, on-premise licensed software applications to operate on the Microsoft [NASDAQ:MSFT] Azure Cloud Platform. Our business strategy is to seek opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. Visit www.onesoft.ca for more information.

OneSoft's wholly owned subsidiary, OneBridge Solutions Canada Inc., develops and markets revolutionary new SaaS solutions that use advanced Data Sciences and Machine Learning to analyze big data using predictive analytics to assist Oil & Gas pipeline operators to predict pipeline failures and thereby save lives, protect the environment, reduce operational costs and address regulatory compliance requirements. Visit www.onebridgesolutions.com for more information.

For more information, please contact

Dwayne Kushniruk, CEO [e-mail] 587-416-6787

Sean Peasgood, Investor Relations [e-mail] 647-494-7710

Forward-looking Statements

This news release contains forward-looking statements relating to the future operations and profitability of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expects", "believe", "will", "intends", "plans" and similar expressions. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Such forward-looking information is provided to deliver information about management's current expectations and plans relating to the future. Investors are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions.