"In the first half of the year Veriluma signed three commercial...

"In the first half of the year Veriluma signed three commercial agreements with Oniqua, Global Business Resilience and RPMG International, for subscription and licensing of the software.
What is the revenue potential from these deals and how will they apply the Veriluma product?"


"These partnerships are excellent examples of the ability of Veriluma’s software to be embedded inside other’s applications or processes across a range of industries.
Oniqua manages around $16 billion worth of inventory for major global energy and resources companies. In the first instance, Oniqua is using Veriluma’s patented software to determine the probability of production shutdown due to lack of critical inventory.
Global Business Resilience (GBR) consults on threats to global intelligence agencies and corporations. Using Veriluma’s software GBR will identify areas of threat/risk and assess the strategies to mitigate.
RPMG provides strategic revenue and marketing assessments to global companies such as Bankers Trust and McDonalds who use their services and software to understand the most effective campaigns, resources and business development initiatives.
Our go to market strategy has been, and will continue to be for the foreseeable future, an indirect approach via partners who use their domain expertise to build applications that address known issues for an already existing client base.
Our partners will provide us revenue from subscription fees for their use of our software and a share of the software sold to new and existing clients.
Many software companies execute a global channel strategy. This approach allows Veriluma to support companies in their model development and sales efforts without the need to be domain experts in the industry or for a large dedicated sales team. Channel strategies are developed to extend the sales force without the overhead and can be very lucrative when partner selection is strict and their training and efforts focused and managed."