WILMINGTON, DE - (NewMediaWire) - May 9, 2024 - JumpTech Solutions, Corp. (“JumpTech” or “Company”), a global leader in enterprise digitization and mobile solution development, today announced that it has both expanded its solutions offerings and further optimized the Company’s development and implementation processes via its investment in proprietary artificial intelligence and machine learning models. The integration of these next-gen technologies marks a pivotal milestone in the Company’s ability to meet the growing demand for AI digital transformation solutions as well as project optimization.

Background

Approximately 70% of governmental agencies worldwide significantly lag the private sector in terms of digitization according to Deloitte and an estimated 55% of large organizations have not yet successfully moved to cloud solutions from on-premises legacy solutions. The need for enterprise-scale digitization solutions remains paramount with 87% of organizations identifying it as a top priority. Furthermore, with recent advancements in next-gen solutions such as mobile/IoT, automation, and AI solutions, entities who have completed digitization projects in the last decade will undoubtedly fall behind in the digital space in short order unless they plan to further upgrade their systems in order to keep pace with modern solutions. Leading motivators of digitization include improved efficiency, reduced long-term costs, increasing growth and revenue, and strengthening competitive advantages. The global digital transformation market is set to exceed $1 trillion in 2024 and is expected to surpass $3 trillion by 2026, according to Statistica.

JumpTech Legacy

JumpTech is addressing this critical business need on a global scale through agile-based, design-led digital solutions at enterprise and state-size scale, leveraging its deep legacy of successful digitization projects throughout the Asia-Pacific region. The Company has completed countless projects across the spectrum of industries including government, automotive, consumer, and aviation, garnering countless recognitions including the United Nations Public Service Award (UNPSA) and the UAE best mGov Award. Notable project examples of JumpTech’s work include:

• The redesign and implementation of the Government of Singapore’s weather forecasting and reporting application designed to keep citizens informed on the safety of air conditions throughout the region

• Mobilization of Daimler South East Asia’s internal sales systems into one platform capable of integrating into 12 back-end systems across 11 countries, enabling employees to access critical corporate information anywhere they are conducting business

• Application development for direct-selling powerhouse Tupperware designed to optimize sales functionality, communication and reporting of its representatives across India, China and Japan

These projects, along with the many others JumpTech has completed since its inception in 2008, illustrate the advancement of legacy organizational systems in the digital era. Known as one of the first digitization companies to embrace mobile solutions for enterprise, JumpTech has continuously embraced forward-thinking, next-generation solutions well ahead of their global adoption.

Artificial Intelligence (AI) Adoption

The AI revolution represents a unique opportunity for JumpTech in both the services it offers and the way it designs and implements its enterprise-scale solutions. Programming models allow for faster turn-time in project planning as well as integrations with legacy systems. Many projects JumpTech works on require back-end cooperations of numerous systems and many AI systems are able to optimize those workflows and identify vulnerable dataflow connections. Furthermore, front-end AI solutions are becoming standard in digitization services JumpTech provides and its investment in the necessary infrastructure and technical staff has enabled JumpTech to remain on the leading edge of these types of projects. Currently, the Company is actively leveraging its newly realized AI solutions for a variety of in-development and pending projects, including work with a global luxury brand on a mobile solution with image authentication modeling as well as systems upgrades of ongoing governmental clients.

“Beyond the ability to offer AI solutions to our clients, which is imperative, the integration of machine learning throughout our organization will improve our efficiency and competitive advantage greatly,” said S. Mohan, CEO of JumpTech. “When working to modernize massive legacy systems, or build solutions from scratch, machine learning models can assist in design, systematic integration, and ongoing maintenance. Where an element of a project may take weeks with a team of humans, with these models they can be completed in minutes. We are looking to AI, along with other next-generation technologies such as quant computing and automation, to be a catalyst for growth for JumpTech. While our innovative agility-based approach to project management sets us apart as a leader in quality and turn-time, our investment in next-generation solutions across our organization is what has taken us to the next level.”

About Jump Tech Solutions Corp.

JumpTech is an international digital transformation company leading the modern revolution on a global scale. With deep penetration throughout the Asia-Pacific region, JumpTech offers design-led, digital innovation solutions for Fortune 100 enterprises, governmental agencies, and small-to-mid size private companies throughout the world. Propelling its clients into the modern era, JumpTech uses advanced technologies such as machine learning (AI), automation, and cloud computing solutions, to enhance operational efficiency, minimize costs, and strengthening competitive advantage across industries. Leveraging a novel agility-based project management methodology, JumpTech is modernizing the world, one company, agency, and system at a time.

For more information, please visit: https://www.jumptechsolutions.com/

Media Contact

Kyle Porter

Virgo PR

jumptech@virgo-pr.com

Forward-Looking Statement Disclaimer

This press release contains forward-looking statements within the meaning of applicable securities laws, including, but not limited to, statements relating to the future performance of JumpTech Solutions, Corp., projected growth, anticipated market trends, product development, business prospects, and other related matters. These statements reflect the current beliefs and assumptions of the company's management based on information available at the time of this release. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from those anticipated in these statements. Factors that could cause such differences include, but are not limited to, competitive pressures, changes in market conditions, regulatory developments, technological changes, and economic factors affecting our customers or suppliers.

JumpTech Solutions, Corp. undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by applicable law. Readers are cautioned not to place undue reliance on these forward-looking statements, which are made only as of the date hereof.