Calyx Subsidiary Cannigistics to Develop Block Chain Applications

August 14 12:38 2017 Print This Article

VANCOUVER, B.C., Aug. 15, 2017 (GLOBE NEWSWIRE) — Calyx Bio-Ventures Inc. (TSXV:CYX) (“Calyx” or the “Company”) is pleased to announce that its wholly owned subsidiary Cannigistics Agri-Solutions Corp. is planning to incorporate Block Chain Technology into its future product offerings. In anticipation of the further legalization and regulation of the marihuana industry in Canada, Calyx intends to expand Cannigistics’ capabilities utilizing this technology. Future Cannigistics’ applications will be able to ensure the authenticity, efficiency, and trustworthiness of its peer-to-peer transactions, thus creating leading edge reliability and security in its cloud computing platforms. With the implementation of Block Chain Technology, future applications will perform at the highest trust levels and meet regulations beyond what a traditionally designed application could achieve.

About Calyx

Calyx’s wholly-owned subsidiary, Cannigistics Agri-Solutions Corp., is a software development company that has created a software platform tailored to advanced indoor agriculture. The Cannigistics software platform is designed to enhance the efficiency and effectiveness of indoor agricultural operations, and positions Cannigistics to be the industry leader in agri-software solutions by providing businesses with advanced controls over all aspects of their operations. Additionally, Calyx owns a portfolio of proprietary intellectual property with applications in crop enhancement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

CONTACT: For further information about Calyx, please visit www.calyxbio.com or contact:

Roger Forde
President and Chief Executive Officer
Calyx Bio-Ventures Inc.

Tel:      604.880.8822
Email:  [email protected]
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Jonathan Yaniv
Jonathan Yaniv

Jonathan is the founder and editor-in-chief of TrustedNerd.com. Covering major tech shows such as CES, Jonathan is always there for the latest tech news. Want your gadget to be reviewed or have a release you'd like to be considered for publishing? Send Jonathan an email, jonathan [at] trustednerd.com

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