SOURCE: Subjex Corporation

October 11, 2006 11:21 ET

Subjex Corporation Adds Financial Management Software to Its Product Line

Technology Being Used to Manage Investment Accounts in Real Time, Earning Gains in Excess of 70%

MINNEAPOLIS, MN -- (MARKET WIRE) -- October 11, 2006 -- Subjex Corporation (OTCBB: SBJX) announced today that it has added significant new software to its technology cache. The software called SubjexFMS ("Financial Management Services") is an Artificial Intelligence trade-timing and index forecasting engine built on a similar Neural Network structure as Subjex's dialogue technology. The system takes daily "snapshots" of various economic indicators such as Prime Rate, Oil prices, Dow performance and other indices as input and outputs a very accurate short term forecast of the Dow Jones Industrial Average.

"The system learns patterns and relationships that are far too complex or obscure for a human to notice. Every day the system produces indicators which designate the probable direction of the Dow for tomorrow and its percentage of certainty. It dynamically back tests its forecast over the previous 20 years which gives us a confidence level as high as 95% and an accuracy currently running at 80%," said Andrew Dean Hyder, Chief Executive Officer of Subjex Corporation. "In the last 200 days the system has earned a profit of over 70% with real money, trading in real time. We expect that it could well produce annual returns in excess of 200% due to the compounding nature of its daily small percentage gain methodology."

Hyder went on to say, "Although this technology may seem like a departure in our technology focus, the principles behind the system are very much the same as previous technologies developed."

Based in Minneapolis, Minnesota, USA, Subjex Corporation is an innovative Artificial Intelligence Development Company. The products, SubjexCSR, SubjexME facilitate meaningful text-based humanlike conversations with website visitors thereby reducing customer service cost, while SubjexFMS forecasts the DJIA with a current accuracy of over 80%. For more information and to try the technology for free visit the website at http://www.subjex.com or call 952-931-0501.

This news release contains "forward-looking statements" within the meaning of Section 27a of the Securities Acts of 1933 and Section 21E of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove correct.

Contact Information

  • Subjex Corporation
    Andrew D. Hyder
    CEO
    866-777-0052
    952-931-0501

    MeritViewPartners LLC
    William P. Bartkowski
    612-605-8616
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