Mississauga, Ontario, June 07, 2016 (GLOBE NEWSWIRE) -- Skkynet Cloud Systems, Inc. (“Skkynet”) (OTCQB: SKKY), a global leader in real-time cloud information systems, working with partners of the ThunderCloud Alliance, will host a seminar “Technology and Business for the IoT Era” at the UDX Conference Center in Tokyo, Japan, on June 9, 2016. Leaders from academia, research, data communications, and embedded device manufacturing will collaborate on cutting-edge technologies and business practices that will allow corporations to extract maximum value from the IoT (Internet of Things).

“Each of our partners in the ThunderCloud Alliance plays a key role in the development of IoT architecture and technology,” said Paul Thomas, President of Skkynet. “This seminar is an opportunity for us to develop and share a collective approach to realizing some of the outstanding opportunities that the IoT promises.”

Executives, academics, and experts from organizations including Nagoya Institute of Technology, Kaspersky Labs, Red Lion Controls, Inc., OPC Foundation, TOA Musendenki Co., Ltd, BellChild Co., Ltd, Nissin Systems, Co., and Puerto Co. Ltd. will be leading discussions focused on IoT security, innovation, interoperability, and business models. Each party has been actively involved in developing the architecture and technology to support industrial IoT applications, and can point to real-world examples of their success.

The ThunderCloud Alliance, West was formed by Skkynet in December 2013 to provide a turn-key, real-time sensor-to-cloud service for the industrial M2M (Machine to Machine) market. Working in close association with TOA Musendenki, Nissin Systems, BellChild, NiC, KOBATA Gauge, Puerto, Haneron and Direx, Skkynet’s role is to furnish the real-time data connectivity technology necessary to make cloud-based M2M communication and the Industrial IoT a reality.

About Skkynet

Skkynet Cloud Systems, Inc. (OTCQB: SKKY) is a global leader in real-time cloud information systems. The Skkynet Connected Systems platform includes the award-winning SkkyHub™ service, DataHub®, WebView™, and Embedded Toolkit (ETK) software. The platform enables real-time data connectivity for industrial, embedded, and financial systems, with no programming required. Skkynet’s platform is uniquely positioned for the “Internet of Things” and “Industry 4.0” because unlike the traditional approach for networked systems, SkkyHub is secure-by-design. Customers include Microsoft, Caterpillar, Siemens, Metso, ABB, Honeywell, IBM, GE, BP, Goodyear, BASF, E·ON, Bombardier and the Bank of Canada. For more information, see http://skkynet.com.

Safe Harbor

This news release contains “forward-looking statements” as that term is defined in the United States Securities Act of 1933, as amended and the Securities Exchange Act of 1934, as amended. Statements in this press release that are not purely historical are forward-looking statements, including beliefs, plans, expectations or intentions regarding the future, and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors, such as the inherent uncertainties associated with new business opportunities and development stage companies. Skkynet assumes no obligation to update the forward-looking statements. Although Skkynet believes that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that they will prove to be accurate. Investors should refer to the risk factors disclosure outlined in Skkynet’s annual report on Form 10-K for the most recent fiscal year, quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the U.S. Securities and Exchange Commission.

Contact

Skkynet Cloud Systems, Inc.
Paul E. Thomas, President
Office: (888) 628-2028
Fax: (888) 705-5366
Web: http://skkynet.com
Email: ir@skkynet.com