Skip to main content

cBrain Signs Proof of Concept in Nigeria

Written by Customer Service on . Posted in Public Companies.

Press Release no. 06/2024

cBrain Signs Proof of Concept in Nigeria


Copenhagen, June 12, 2024

cBrain (NASDAQ: CBRAIN) has signed an agreement with the Ministry of Innovation, Science and Technology in Nigeria to deliver a Proof of Concept (PoC) project.

The purpose of the PoC project is to deliver an F2-based solution, which demonstrates secure and transparent government procurement processes from planning and approval to filing and auditing, across multiple government agencies. Government contracts involve sensitive information, and using F2 for digitizing processes offers an effective approach to support transparent, efficient, and secure government procurement.

The F2 platform represents a new generation of Commercial-off-the-Shelf (COTS) products, complete, fully integrated, and built for government. Out-of-the-box, F2 offers all the necessary functionality, fully integrated and ready-to-run, needed to support government work. This includes communication, case processing, and compliance, as well as process support. Furthermore, all functions can be easily adapted for individual government entities using built-in configuration tools.

In contrast to traditional large IT projects, leveraging standard software offers governments a fast track to digital transformation at scale. The PoC project in Nigeria exemplifies how cBrain, by using the F2 COTS product, can deliver functional solutions at high speed and quality.

Best regards

Per Tejs Knudsen, CEO






Inquiries regarding this Press Release may be directed to

Ejvind Jørgensen, CFO & Head of Investor Relations, cBrain A/S, ir@cbrain.com, +45 2594 4973

Attachment

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.