FogChain Launches Automated Testing Managed Service for Software Applications

Vancouver, Canada and San Carlos, California (FSCwire) - FogChain Corp. (OTCQB:FOGCF; CSE:FOG; FWB:MUU3) (“FogChain” or the “Company”) is pleased to announce that it has launched a new automated testing managed service for software applications.

FogChain, a next-generation fully integrated software development, testing and deployment platform, provides developers with a suite of rapid development tools and resources for the creation of apps, smart contracts, mobile apps and decentralized apps (dApps). In addition, FogChain’s recent acquisition, Quilmont Solutions, specializes in automated testing, Continuous Integration and Deployment (CI/CD), mobile and website development, and software quality assurance.

The new managed service will utilize a structured approach to automated testing. As benchmarked against traditional automated testing, organizations can expect a 35% cost savings within their SDLC, a 30% time efficiency savings in test case development, and 90% less script code to maintain. These results stem from an innovative structure that greatly simplifies the overall automation architecture, aiding in the implementation of CI/CD, Test Driven Development (TDD), Business Process Testing (BPT), and the needs of independent QA teams. Additionally, it incorporates an organization’s subject matter experts, defines work flow communication, and facilitates team mentorship resulting in low cost future growth.

Patrick Quilter, founder of Quilmont Solutions and CSO of FogChain commented, “We’ve always taken the position that developing an abstract layer for automation complexities, limited code, and disciplined processes, is far more successful than embracing the latest automated testing trends. Launching our new managed service provides a practical automation solution for next generation application development teams.”

The new managed service will provide unity between an organization's mobile, web, and desktop automated test cases. This will be accomplished through FogChain’s proprietary interfaces that simplify automation tools such as Appium, Selenium, UFT, Mocha, UI Automator, Calabash, and many others. Knowledge sharing and training are also significant goals of this managed service allowing organizations to fully embrace their internal, outsourced, or remote testing strategies.

FogChain’s CEO, James Cerna stated, “Launching this service is a major achievement for FogChain and provides us with a strong entry point for enterprises to take their testing to an entirely new level especially for those pursuing mobile first or mobile only development projects. Embracing test driven development for functional testing and unifying that across all platforms using the same business flow sets FogChain apart and creates a strong foundation for us to expand upon.”

In addition to launching this new service, the Company has granted 1,920,000 incentive stock options under the Company’s stock option plan to certain directors, officers, employees and consultants. The options are exercisable at a price of $0.28 for a period of four years from the date of grant.

About FogChain Corp.

FogChain (OTCQB: FOGCF; CSE: FOG) is a fully integrated, end-to-end software development life cycle (SDLC) and quality assurance solutions provider. Combined with a decentralized Fog (edge network) and high-performance application development platform, FogChain’s suite of services and technology provides application development at scale with greater speed, efficiency and at a lower cost. With the recent explosive demand for more edge computing and security within the Micro-Service, IoT, mobile data and driverless vehicle space, FogChain's Build-Once Deploy-Everywhere software architecture provides developers with a suite of tools and resources that bridges devices, operating systems, and the ability to build and launch exciting new applications in a unified environment. Led by a team of Cloud and SaaS veterans, FogChain is uniquely positioned to be a leader in the next super wave of the $500 billion software development market. Learn more at www.FogChainInc.com

FogChain Media Contact:

Investor Relations

[email protected]

(415) 745-8650

FORWARD LOOKING STATEMENTS

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to: the terms and conditions of the Transaction; use of funds; and the business and operations of the Company. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: general business, economic, competitive, political and social uncertainties; and the delay or failure to receive board, shareholder or regulatory approvals. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release. Except as required by law, the Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.

Source: FogChain Corp. (CSE:FOG, OTCQB:FOGCF, FWB:MUU3)

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Source: FogChain Corp. (CSE:FOG, OTCQB:FOGCF, FWB:MUU3)

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