TORONTO, ONTARIO — (Marketwired) — 02/29/16 — AnalytixInsight Inc. (TSX VENTURE: ALY) –
Big Data Analytics company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) this week is pleased to announce continued growth in the business operations of its subsidiary CapitalCube Corp (“CapitalCube”) ().
CapitalCube now attracts over 2 million unique visitors per month. This increase in traffic reflects the advances made in SEO and in publishing CapitalCube–s content through leading distribution partners like Yahoo! Finance and the Wall Street Journal. CapitalCube–s unique Big Data Analytics and auto-language generation platform creates and publishes a large volume of insightful financial content with speed and scale, and has made the Company a valuable partner to leading financial portals globally.
CapitalCube just finished publishing earnings analysis based off announced results for almost every major exchange listed stock in North America – which is approximately 20% of its current capacity. With additional capacity utilization, the Company is confident about its ability to drive up traffic and unique visitors to its CapitalCube portal in the coming months. The Company also expects to start publishing similar high quality content in other languages shortly to help further increase traffic and user engagement.
In addition, the Company–s platform is now mature and applicable to other verticals – including non-financial applications such as healthcare, as well as in related financial applications like the robotic advisory space. The Company anticipates new business opportunities with robotic advisory services as well leading hedge funds and stock exchanges in 2016. The Company expects to increase and make changes in its personnel and Board to better serve opportunities in these areas.
The Company also announced that it has granted 645,000 incentive stock options to directors, officers, employees and consultants of the Company. The options vest immediately, have an exercise price of $0.19 per share and expire in five years. The grant of options remains subject to approval by the TSX Venture Exchange.
On behalf of the Board of Directors of
ANALYTIXINSIGHT INC.
Prakash Hariharan, Chairman
ABOUT ANALYTIXINSIGHT INC
technology platform helps transform data into narratives. The Company–s online portal and mobile platform Marketwall () provide high-quality financial research and content for investors, information providers, finance portals and media. The Company–s disruptive technology algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs – all available as a cloud-based, SAAS offering. This platform capability is extensible to other asset classes and sectors to generate insightful research reports.
CapitalCube and Marketwall have existing business relationships with leading global financial and media institutions. For more information about CapitalCube visit . For more information about Marketwall visit .
Regulatory Statements
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company–s ability to increase traffic to its CapitalCube portal; the Company–s ability to publish content in different languages and apply its platform to different business verticals; the growth of the Company–s business operations; the licensing revenue stream to be received by the Company; the use of the Company–s content by various parties; and the use by certain parties of CapitalCube and Marketwall App. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of AnalytixInsight Inc., as the case may be, to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the Company–s technology and revenue generation; risks associated with operation in the technology sector; ability to successfully integrate new technology and employees; foreign operations risks; and other risks inherent in the technology industry. Although AnalytixInsight has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. AnalytixInsight does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
AnalytixInsight Inc.
Scott Koyich
+1.403.262.9888
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