Skkynet Exhibits Industrial IoT Solutions in Germany and Austria

Key Industry 4.0 executives at leading manufacturing companies recognize the value of Skkynet’s approach to the IIoT.

Mississauga, Ontario, September 28, 2016 – Skkynet Cloud Systems, Inc. (“Skkynet”) (OTCQB:SKKY), a global leader in real-time cloud information systems, presented their SkkyHub™, DataHub^®, and ETK solutions through the Wavefront Wireless Market Entry Program – Germany & Austria 2016.  As part of this program, the Skkynet delegation met with key Industry 4.0 executives from leading manufacturing companies and government agencies in Berlin, Stuttgart, Gunskirchen, and Sattledt, and Skkynet technology was exhibited at the Industry of Things World 2016 in Berlin.

“We were warmly received, and our approach to the Industrial IoT got an enthusiastic response,” said Xavier Mesrobian, Vice President, Sales and Marketing for Skkynet.  “Those who have been exposed to the concept of the IoT for the past year or two and who have attempted to implement it in an industrial context showed a deep appreciation of Skkynet’s approach, and the value of what we offer.”

The week-long trip started with a two-day exhibit at the Industry of Things World conference in Berlin, where more than nine hundred high-level executives involved in Industry 4.0 and the Industrial IoT were invited to access an embedded device in real time through an interactive display on their cellphones, using SkkyHub technology.  In the following days, the Skkynet delegation had the opportunity to visit plant facilities at companies in Berlin and Stuttgart, as well as Gunskirchen and Sattledt in Austria, and discuss opportunities for cooperation.

“Canadian companies like Skkynet have world leading solutions that make the Industry 4.0 opportunity a reality,” stated Brian Roberts, VP of Global Services for Wavefront.

“I would like to express my gratitude to Wavefront for arranging these visits, and our sincere thank-you to our hosts at each event, as well as Global Affairs Canada in Germany and in Austria,” said Mesrobian.  “It was a pleasure to be part of such a successful trip, and to collaborate with Wavefront at the Industry of Things World conference.”

Industry of Things World is an international knowledge exchange platform bringing together more than 900 high-level executives who play an active role in the Industrial Internet of Things scene, providing an opportunity for them to rethink their technology & business strategies for scalable, secure and efficient IoT.

About Wavefront

Wavefront is Canada’s Centre of Excellence for Wireless Commercialization and Research, accelerating the growth and success of wireless companies by connecting them with critical resources, partners and opportunities, to drive economic and social benefits for Canada.

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. 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.