Railtown Launches Large-Scale Customer Acquisition Campaign in Preparation of SOC Compliance

Rhea-AI Summary

Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) has launched a large-scale Customer Acquisition campaign in preparation for SOC 2 compliance certification. The company has successfully completed its SOC 2 Penetration Test, a important step towards full certification, demonstrating its commitment to data security and meeting trust service criteria.

In anticipation of SOC 2 certification, Railtown has partnered with Aretedata, a data analytics firm specializing in digital customer growth, to conduct an aggressive customer acquisition campaign. This collaboration aims to leverage data-driven strategies to enhance acquisition efforts, reduce costs, and accelerate scaling.

CEO Cory Brandolini emphasized the importance of data protection in the AI-integrated landscape and expressed excitement about launching a focused enterprise sales strategy for Conductor AI upon successful completion of security audits and certification.

Positive

• Successful completion of SOC 2 Penetration Test, a key step towards full SOC 2 certification
• Partnership with Aretedata for data-driven customer acquisition strategies
• Preparation for entering the enterprise market with enhanced data security measures

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - September 19, 2024) - Railtown AI Technologies Inc. (CSE: RAIL) (OTCQB: RLAIF) ("Railtown AI'', "Railtown" or the "Company") is pleased to announce the launch of a large-scale Customer Acquisition campaign.

As previously announced, Railtown has begun the SOC 2 compliance certification process, which is essential for customer acquisition, particularly in the enterprise market where stringent data security standards are a must. The Company has now successfully completed its SOC 2 Penetration Test, a security assessment performed to identify vulnerabilities in a company's network and systems. The completion of this test solidifies Railtown's commitment to ensuring the highest level of data protection, meeting the trust service criteria of security, availability, processing integrity, confidentiality, and privacy. This milestone marks a significant step toward Railtown's full SOC 2 certification, which will further bolster the Company's position in the enterprise market.

In anticipation of SOC 2 certification, Railtown has retained the services of "Aretedata" to conduct an aggressive and large-scale customer acquisition campaign. Aretedata is a data analytics firm specializing in digital customer growth. This partnership will leverage data-driven strategies to enhance customer acquisition efforts, significantly reducing acquisition costs and accelerating scaling efforts.

Cory Brandolini, CEO of Railtown AI, commented: "At Railtown, we take our responsibility to protect customer data with the utmost seriousness. As AI becomes increasingly integrated into everyone's daily operations, the necessity to safeguard sensitive information has never been more critical. We adhere to the highest standards in software development, and our SOC 2 compliance is a key part of ensuring that we meet and exceed industry best practices."

"Upon successful completion of our security audits and certification process, we are excited to launch a focused enterprise sales strategy, bringing Conductor AI to the global market with confidence."

About Aretedata

Aretedata is a data platform that specializes in providing business intelligence through a vast database of verified business contacts and firmographic information. Their services focus on industries from retail to software to industrial, insurance and political data, helping companies enhance customer profiles, enrich CRM data, and streamline marketing strategies for customer acquisition. Through their API, businesses can access records and filter leads based on key factors like location, job title, and industry, allowing for more targeted sales efforts.

About Railtown AI Technologies

Railtown AI, a Microsoft Partner, is a cloud-based Application General Intelligence™ Platform for Software Developers and Teams that practice Agile Project Management. We purposely built our Application General Intelligence™ Platform to help Software Developers and Agile practitioners save time on redundant tasks, improve productivity, drive down costs, and accelerate developer velocity. Railtown's proprietary AI technology, designed to enable our clients to be more productive and profitable, is accessible on Microsoft's Azure Marketplace.

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• Twitter: https://twitter.com/railtown_ai
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ON BEHALF OF THE BOARD

"Cory Brandolini" Cory Brandolini, Chief Executive Officer

INVESTOR CONTACT

Rebecca Kerswell
Investor Relations and Marketing
Email: investors@railtown.ai
Phone: (604)417-4440

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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223855

FAQ

What is the significance of Railtown AI's SOC 2 Penetration Test completion?

The completion of the SOC 2 Penetration Test is a important step towards full SOC 2 certification, demonstrating Railtown AI's commitment to data security and meeting trust service criteria. This is essential for customer acquisition, particularly in the enterprise market where stringent data security standards are required.

How is Railtown AI (RLAIF) preparing for customer acquisition?

Railtown AI has launched a large-scale Customer Acquisition campaign and partnered with Aretedata, a data analytics firm specializing in digital customer growth. This collaboration aims to leverage data-driven strategies to enhance acquisition efforts, reduce costs, and accelerate scaling in preparation for SOC 2 certification.

What is Railtown AI's plan for enterprise market entry?

Railtown AI is preparing to launch a focused enterprise sales strategy for its Conductor AI product upon successful completion of security audits and SOC 2 certification. This approach aims to bring their product to the global market with enhanced data security measures, meeting the stringent requirements of enterprise clients.

How does SOC 2 compliance benefit Railtown AI (RLAIF) in the market?

SOC 2 compliance enhances Railtown AI's position in the enterprise market by demonstrating adherence to high standards of data protection. It assures potential customers, particularly in sectors with strict data security requirements, that Railtown AI meets and exceeds industry best practices in safeguarding sensitive information.