TORONTO, ONTARIO--(Marketwired - Aug. 26, 2014) - Big data analytics company AnalytixInsight Inc. (the "Company" or "AnalytixInsight") (TSX VENTURE:ALY) continues to see growth in all aspects of its business operations: retail, institutional and mobile. The Company has been working on a number of initiatives to expand the licensing of its algorithmic generated research content to various platforms, and is pleased to announce agreements to provide its content to several top-tier universities and financial websites.
The Company's online portal CapitalCube (www.capitalcube.com) and mobile platform Marketwall (www.marketwall.com) provide high-quality financial research and content for investors, information providers, finance portals and media.
Financial Advisors and RIAs:
CapitalCube content on exchange traded funds (ETFs) is now being carried by wealthmanagement.com - one the leading portals for wealth managers, RIAs and financial advisors in the US. The arrangement will provide content and analysis of ETFs for the benefit of the more than 200,000 financial advisors who subscribe and use wealthmanagement.com. This is a big boost to the Company's unique offering on analysis of ETFs - CapitalCube currently is the only platform that offers a bottom-up, individual component based fundamental research of about 1500 ETFs globally. This product continues to expand - ETFs are one of the fastest growing asset classes for retail investors, with new products being offered on a daily basis. With its global reach, CapitalCube is well positioned to provide investors with a tool to analyze ETFs across different asset classes that include commodities, equities and fixed income.
CapitalCube.com has also signed licensing arrangements for the upcoming academic year with several top-tier, Ivy League universities in the US - arrangements that will provide company and financial analysis for thousands of business school students in these institutions. This will be an ongoing content licensing model that will be available to business school students. Currently there are about 3000 universities in the US that offer business courses that involve finance programs and CapitalCube provides a very good teaching aid to boost the course content. The adoption of CapitalCube among Ivy League universities is an indication that algorithmically generated content across global equities will be an excellent aid for students, researchers and teachers alike. The Company's popular Marketwall App which is currently being disseminated through its partnership with Samsung electronics will also be available to students on the Android and iTunes platforms as a part of these offerings in due course.
On behalf of the Board of Directors of
Prakash Hariharan, Chairman
ABOUT ANALYTIXINSIGHT INC
AnalytixInsight Inc's technology platform helps transform data into narratives. The Company's online portal www.capitalcube.com and mobile platform Marketwall (www.marketwall.com) 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 www.capitalcube.com. For more information about Marketwall visit www.marketwall.com.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the growth of the Company's business operations; the use of the Company's content by various parties; and the use by certain universities 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.
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