AnalytixInsight, Inc.

October 28, 2013 16:55 ET

AnalytixInsight Announces Recognition by the White House Office of Science and Technology Policy

Innovative Technology Platform Recognized for the Second Time in Two Years by the White House Office of Science and Technology Policy

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 28, 2013) - AnalytixInsight, Inc. (the "Company") (TSX VENTURE:ALY) has recently been recognized as a company using federal open data in innovative and exciting ways by The White House Office of Science and Technology Policy (OSTP) and the Science and Technology Policy Institute (STPI). STPI is a federally funded research and development center chartered by Congress. It provides rigorous and objective analysis of science and technology policy issues for OSTP, federal agencies, and other offices and councils within the executive branch of the U.S. government.

The government agencies had been tasked to develop profiles of companies that use open data to stimulate innovation and growth in the American economy. "This recognition by the U.S. government's technology agencies is testimony to the efforts and contribution of all the team members of AnalytixInsight and encourages us to continue the development of our innovative platform. This recognition also serves as a catalyst to add to the growing list of our customers and channel partners," said Chaith Kondragunta, CEO of AnalytixInsight.

This is the second time that AnalytixInsight has been recognized by the OSTP. Last year, AnalytixInsight and its online platform Capitalcube.com had been identified by OSTP, the National Science and Technology Council (NSTC), and the Science and Technology Policy Institute as a company with valuable insight into promoting consumer benefits through smart disclosure of data. 'Smart disclosure' refers to the timely release of accessible, usable data in ways that enable consumers to compare and choose between complex products and services, and to find the market offerings that best meet their individual needs.

"This recognition for our company highlights the innovative nature of our platform and how we process structured data to rapidly create narratives with analysis and insights. The ability to benefit consumers and clients - not just in the finance sector but other sectors as well - with this technological approach towards smart disclosure speaks highly for our growth opportunities," said Prakash Hariharan, Chairman.

On behalf of the Board of Directors of Analytixinsight, Inc.

Prakash Hariharan, Chairman

ABOUT ANALYTIXINSIGHT, INC.

AnalytixInsight, Inc., currently through its online portal CapitalCube (www.capitalcube.com) provides 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 45,000 global companies - 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 has existing business relationships with leading global financial and media institutions. To find out more about CapitalCube's offerings, visit http://www.capitalcube.com.

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.

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.

Contact Information

  • Abha Dawesar
    1-917-345-7069