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Nextgen Digital Platforms Inc
Symbol NXT
Shares Issued 11,416,275
Close 2025-01-03 C$ 0.75
Market Cap C$ 8,562,206
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Nextgen Digital seeks to expand data hosting services

2025-01-06 04:19 ET - News Release

Mr. Alexander Tjiang reports

NEXTGEN DIGITAL EVALUATES EXPANDED OPPORTUNITIES WITHIN DATA HOSTING & CLOUD COMPUTING

Nextgen Digital Platforms Inc. has commenced the evaluation of additional opportunities within the cloud computing and data hosting sector. By leveraging its existing expertise in its cloud artificial intelligence hosting division, Nextgen Digital aims to offer scalable, cost-efficient and sustainable solutions to meet the growing global demand for reliable data hosting services.

Amidst a pervasive worldwide power shortage and growing demands for computing power, the need for secure and affordable data hosting capabilities persists. Nextgen Digital's cloud AI hosting division has already demonstrated strong capabilities in providing advanced cloud-based services to cutting-edge artificial intelligence applications.

These initiatives will capitalize on the company's existing platform to deliver enhanced offerings tailored to a broader range of industries and enterprises. Additionally, this strategy aligns with Nextgen Digital's vision of becoming a leading institution within the crypto economy through providing investors exposure to both digital assets and digital infrastructure.

"We are continuing to develop and refine Nextgen's strategic direction by leveraging our existing platform and experiences," said Alexander Tjiang, interim chief executive officer of Nextgen Digital. "With our established expertise in cloud AI hosting and our recent expansion into the digital assets space, we see a tremendous opportunity to redefine value in the digital infrastructure sector. This evaluation aligns with our commitment to delivering innovative solutions that empower our clients and investors while supporting sustainability."

About Nextgen Digital Platforms Inc.

Nextgen Digital is listed on the Canadian Securities Exchange. The company currently operates the e-commerce platform PCSections.com and a hardware-as-a-service business supporting the artificial intelligence sector, called cloud AI hosting. Both PCS and cloud AI hosting were developed in-house by Nextgen Digital. The company also intends to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle. From time to time, the company also intends to evaluate and acquire or develop other microtechnology platforms.

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