NextGen Digital Evaluates Expanded Opportunities Within Data Hosting & Cloud Computing

Company Overview - NextGen Digital Platforms Inc is listed on the Canadian Securities Exchange (CSE: NXT) and operates an e-commerce platform PCSections com (PCS) and a hardware-as-a-service business supporting the artificial intelligence sector called Cloud AI Hosting [4] - The company aims to democratize access to cryptocurrencies by providing investors with exposure to a diversified basket of digital assets through a regulated public vehicle [4] - NextGen plans to evaluate and acquire or develop other micro-technology platforms from time to time [4] Strategic Direction - NextGen is evaluating additional opportunities within the cloud computing and data hosting sector leveraging its existing expertise in Cloud AI Hosting to offer scalable cost-efficient and sustainable solutions [1] - The company aims to deliver enhanced offerings tailored to a broader range of industries and enterprises capitalizing on its existing platform [2] - NextGen's strategy aligns with its vision of becoming a leading institution within the crypto economy by providing exposure to both digital assets and digital infrastructure [2] Industry Context - There is a pervasive worldwide power shortage and growing demand for computing power driving the need for secure and affordable data hosting capabilities [2] - NextGen's Cloud AI Hosting division has demonstrated strong capabilities in providing advanced cloud-based services to cutting-edge artificial intelligence applications [2] Leadership Perspective - Alexander Tjiang Interim CEO of NextGen stated that the company is refining its strategic direction by leveraging its existing platform and experiences [3] - The company sees a tremendous opportunity to redefine value in the digital infrastructure sector through its established expertise in Cloud AI Hosting and recent expansion into the digital assets space [3] Future Plans - NextGen intends to continue developing innovative solutions that empower clients and investors while supporting sustainability [3] - The company plans to provide investors with exposure to digital assets and execute its cryptocurrency business strategy [7]