"...the on-premise offering of Quay was released."

It's my premise that the author of that press release doesn't know the difference between "premise" and "premises." I know we have a habit in American English to evolve the meaning of words faster than any other language but surely IBM's press team could offer to proof-read things like this before posting.

https://www.merriam-webster.com/dictionary/premise

(And yes, I die inside a bit when someone on NPR ends a sentence with a preposition...)