“Chevalier Tech & Ebridge Solutions AI Partnership”

Colombo, Sri Lanka — January 2024 — Chevalier Tech, a Canadian artificial intelligence core engine developer, has entered a strategic partnership with Ebridge Solutions (Pvt) Ltd, the Sri Lankan software innovator behind the Neo‑ji intelligent AI agent. This collaboration is positioned at the intersection of global AI innovation and local enterprise transformation, enabling both companies to address rising demand for advanced AI solutions across industries in Sri Lanka and the broader Asian market.

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Partnership Overview

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Under the agreement, Chevalier Tech will supply its proprietary AI core engine technology to Ebridge Solutions, which will integrate and extend the engine within its Neo‑ji AI platform. The combined offering is designed to accelerate digital transformation in sectors including banking and finance, healthcare, manufacturing, education, government services, and conglomerate operations.

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Neo‑ji is already engineered to deliver:

• AI‑powered workflow automation

• Intelligent chatbots and virtual assistants

• Adaptive machine learning

• Enterprise‑wide systems integration

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These capabilities are expected to be significantly strengthened by Chevalier Tech’s core AI engine, improving performance, scalability, and accuracy in real‑world deployments across multiple verticals.

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Market Context: AI Growth and Opportunity

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Artificial intelligence represents one of the fastest‑growing segments in global technology markets. According to recent forecasts, the global AI market is projected to exceed USD 1 trillion by 2031, growing from an estimated USD ~244 billion in 2025 at a compound annual growth rate (CAGR) of approximately 26.6 %. (statista.com)

In the broader Asia‑Pacific region, market size is expected to surpass USD 85 billion in 2025, with an even stronger CAGR near 26.6 % through 2031. (statista.com) The machine learning segment within this market alone is forecasted to reach nearly USD 39 billion in 2025, expanding at a CAGR above 30 %. (statista.com)

While Sri Lanka’s AI development tools software market is still emerging — with projected revenue of approximately USD 5.54 million in 2025 — digital services and enterprise software segments are growing steadily. (statista.com)

These figures underscore a significant growth runway for advanced AI solutions as local enterprises adopt intelligent systems to improve efficiency and competitiveness.

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Strategic Rationale

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Industry analysts note that companies harnessing AI technologies can expect measurable improvements in operational outcomes:

• Automation technologies have enabled enterprises to reduce manual effort by up to 80 % in routine processes, redirecting human capital toward strategic initiatives.

• AI platforms such as chatbots and virtual assistants enable 24/7 operations, improving customer engagement and service levels in real time.

Both outcomes align with Ebridge Solutions’ value proposition and Chevalier Tech’s mission to supply core AI technology that is adaptable, scalable, and industry‑agnostic.

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Business Logic and Competitive Advantage

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From a business strategy perspective, this partnership addresses several key imperatives:

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1. Technology Leadership
   Access to Chevalier Tech’s advanced AI engine accelerates Ebridge’s ability to innovate beyond conventional software solutions — enabling product differentiation in a competitive regional landscape.

2. Operational Efficiency
   Embedding core AI capabilities into Neo‑ji will enhance automation, reduce time‑to‑value for customers, and support higher premium pricing tiers for enterprise clients.

3. Market Expansion
   By leveraging joint IP and expertise, both companies are positioned to expand into adjacent markets — including Middle East and Southeast Asia — where demand for localized AI solutions is emerging.

4. Talent Development and Ecosystem Growth
   The partnership facilitates skills transfer and capacity building within Sri Lanka’s growing tech workforce, further strengthening the nation’s software and AI development ecosystem.

Quotes from Leadership

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“We are excited to collaborate with Ebridge Solutions to bring world‑class AI capability to Sri Lanka and beyond,” said Mr. Parthiban, CEO of Chevalier Tech. “This partnership reflects our belief that adaptable AI technology should be embedded where it can solve real business problems.”

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“Our mission with Neo‑ji has always been to enable intelligent automation that drives measurable impact,” added Mr. Jayaweera, Managing Director of Ebridge Solutions. “Chevalier’s core AI engine enhances our ability to deliver that value at scale.”