Edge Total Stock Price, News & Analysis

Edge Total Intelligence Inc. (UNFYF) has announced the general availability of edgeCore™ platform 4.5, enhancing operational capabilities for customers. This major release focuses on delivering real-time, secure, action-embedded applications, addressing customer and analyst needs. Key features include Decision Intelligence, Intelligent Automation, and Low Code Development, aiming to increase operational agility and reduce costs significantly. According to Nick Brigman, VP of Product, this release eliminates connectivity barriers and broadens adaptability, potentially attracting new customers and partners. The platform aims to maximize ROI in AI and automation, reflecting a human-centric approach to operations, which enhances transparency and fosters trust. The release highlights a strategic shift towards human-centric operations to meet evolving challenges in today's fast-paced environment.

Edge Total Intelligence Inc. (OTC: UNFYF) announces a three-year renewal and conversion to subscription software in the Health Care Insurer segment. This collaboration marks over five years of partnership, enhancing operational efficiency for U.S. healthcare insurers facing challenges such as rising costs and regulatory changes. Key executives express pride in the renewal, which aims to improve customer service through better governance processes. This update follows recent advancements in generative AI and recognition of the company's Digital Twins technology, underscoring its commitment to operationalizing AI for improved customer experiences.

Edge Total Intelligence Inc. (OTCQB: UNFYF) has engaged Outside the Box Capital for a six-month marketing effort aimed at enhancing its visibility through social media. The firm, a rebranded version of North Equities, specializes in amplifying underrepresented stories in the AI sector. EdgeTI has committed $100,000 for the duration of the contract, with provisions allowing either party to terminate the agreement early. This partnership aims to bolster awareness of EdgeTI's innovative digital operations software, edgeCore, which facilitates data-driven decision-making across various sectors.

Edge Total Intelligence Inc. (OTCQB: UNFYF) announced the integration of ChatGPT with its edgeCore™ platform on March 21, 2023. This strategic enhancement allows for the rapid incorporation of Generative AI solutions into existing enterprise applications without the need for modifications. The integration aims to accelerate knowledge transfer and optimize workflows across thousands of applications. Customers can now access secure data and leverage ChatGPT's capabilities to enhance their business processes efficiently. The integration also supports various uses across different sectors, including Corporate Performance Management and Supply Chain Optimization.

Edge Total Intelligence Inc. (OTCQB: UNFYF) announced an amendment to its credit facility with Lotus Domaine III LP, increasing the line of credit from US$5.1 million to US$5.95 million. This amendment provides the option to convert debt into common shares, aimed at improving the company's debt ratio as it strives for cash-flow positive operations. The credit facility, established on June 1, 2022, has an interest rate of 8% and matures on January 20, 2026. The amendment includes the issuance of a warrant allowing the purchase of 75,000 shares at CA$0.01. The adjustments also support investor marketing initiatives.

Edge Total Intelligence Inc. (OTCQB: UNFYF) provides a 2023 outlook emphasizing significant advancements in operationalizing AI and digital innovations. The company, after facing market challenges, has maintained shareholder value while securing strategic partnerships and contracts, including a US$950M ceiling IDIQ with the U.S. Air Force. EdgeTI aims to expand its annual recurring revenues (ARR) to US$5.1M this year and projects over US$19M by 2027. The company highlights its flagship platform, edgeCore™, which enhances AI implementation and operational efficiency, and anticipates a growth trajectory fueled by a focus on customer adoption and partnerships.

Edge Technologies Inc. has secured a contract to deploy its edgeCore™ platform for the Idaho Environmental Coalition, enhancing real-time situational awareness and decision-making as part of the Idaho Cleanup Project. The contract, announced on March 1, 2023, is a continuation of edgeTI’s collaboration with various U.S. defense entities, which underscores its expertise in environmental management. The IEC's mission includes safe and efficient cleanup operations at the Idaho National Laboratory (INL) site, aimed at reducing environmental liabilities while protecting human health.