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Leaders Oil Field Equipment signs Premium Membership agreement with Equipment Hound to Enhance B2B E

Jul 01, 2023Jul 01, 2023

VANCOUVER, British Columbia, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Interfield Global Software Inc. (NEO: IFSS) (the “Company”) is pleased to announce that its 100% owned e-commerce site Equipment Hound, the leading B2B e-commerce marketplace for industrial equipment, has signed its latest membership agreement with Leaders Oil Field Equipment LLC (“Leaders Oil Field Equipment”), a prominent supplier of specialized oil and gas equipment. Through this addition, Equipment Hound aims to expand its range of offerings, providing businesses worldwide with access to premium oil field equipment conveniently and efficiently.

Leaders Oil Field Equipment brings a wealth of expertise and a strong reputation in the oil and gas industry. With a focus on delivering cutting-edge solutions and top-quality equipment, their values align perfectly with Equipment Hound's commitment to simplifying the procurement process for businesses of all sizes.

Equipment Hound users will now have direct access to Leaders Oil Field Equipment's extensive inventory, which includes a wide array of oil field machinery, tools, and accessories. This new addition is set to benefit businesses operating in the oil and gas sector, enabling them to source the equipment they need from a trusted and reliable supplier.

"We are thrilled to welcome Leaders Oil Field Equipment to our ever-growing family of suppliers on Equipment Hound," said Steele Hemmerich, President of Interfield Global Software Inc, "Their expertise in providing top-notch oil field equipment will significantly enrich our platform, ensuring that our users have access to the latest advancements in the industry to enhance their operations."

By joining the Equipment Hound B2B e-commerce marketplace, Leaders Oil Field Equipment gains access to a vast network of potential customers, offering a global platform to showcase their products and expand their market reach.

With Leaders Oil Field Equipment now on board, Equipment Hound continues to solidify its position as the go-to destination for businesses seeking industrial equipment solutions across diverse sectors.

About Equipment Hound: Equipment Hound is a leading B2B e-commerce marketplace that connects businesses with a vast array of industrial equipment suppliers. By providing a seamless platform for equipment sourcing, Equipment Hound enables businesses to streamline their procurement processes, saving time and effort while accessing top-quality products.

About Leaders Oil Field Equipment LLC: Leaders Oil Field Equipment is a reputable supplier of specialized oil and gas equipment, known for its commitment to excellence and cutting-edge solutions. With extensive experience in the industry, Leaders Oil Field Equipment is a trusted partner for businesses seeking high-performance equipment to enhance their operations.

About Interfield Global Software Inc.

The Company is a publicly listed company, with its common shares listed on the Neo Exchange Inc. (NEO: IFSS) and operates in Dubai, U.A.E through its wholly owned subsidiary, Interfield Software Solutions LLC (“Interfield Solutions”).

Interfield Solutions is a software company that services numerous industrial segments worldwide including oil and gas, mining and renewables. Interfield Solutions has two operating divisions, E-commerce and Software as a Service. Equipment Hound, the company’s flagship product of its E-commerce division, is an industrial equipment marketplace that connects buyers and suppliers around the globe. Equipment Hound manages a catalogue of equipment from various suppliers and provides procurement solutions for buyers. It includes features such as requests for quotes, logistics support and third-party verification. ToolSuite, the company’s flagship product of its Software as a Service division, is a cloud based data collection and management platform that digitizes industrial processes and provides real-time auditable data for clients.

ON BEHALF OF THE BOARD OF DIRECTORS

“Harold Hemmerich”

Harold Hemmerich, Chief Executive Officer & DirectorPhone: +971 50 558 8349

Bruce Nurse, Investor RelationsPhone: +1 303 919 2913

Forward-Looking Statements Disclaimer and Reader Advisory

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. 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 using phrases such as “expects”, “anticipates”, “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..

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 actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include: general business, economic, competitive, political and social uncertainties; delay or failure to receive any necessary board, shareholder or regulatory approvals, including the approval of any applicable regulatory authority; and that factors may occur which impede or prevent the Company’s future business plans. 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 does not assume any obligation to update the forward-looking statements, whether they change as a result of new information, future events or otherwise, except as required by law.

Neither the Neo Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the Neo Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.

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Interfield Global Software Inc. CompanyLeaders Oil Field EquipmentAbout Interfield Global Software Inc.Interfield SolutionsForward-Looking Statements Disclaimer and Reader AdvisoryNeither the Neo Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the Neo Exchange Inc.) accepts responsibility for the adequacy or accuracy of this news release.