Digital Alchemy

February 23, 2012 14:00 ET

Digital Alchemy Intelligent Software Ltd.: Insurance for Investors Demanding the Return OF Their Money vs. A Return ON Their Money

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2012) - Digital Alchemy (DA), a secretive new developer of machine learning based risk management solutions, is pleased to announce that the Company is offering BC Investors up to $5,000,000 in RRSP and TFSA eligible shares triggering an immediate 30% refundable tax credit until February 29, 2012.

CEO J. Bradley Hall commented, "Today 70-80% of all trading is algorithmic or executed by machines. That article you just read in Fortune or the Wall Street Journal may also have been written by a learning machine. This is not hyperbole. Hedge funds put their computers into exchange data centers, just to improve trade execution times by 1/100th of a second. A chimpanzee with a blindfold has a better chance of scoring a million dollar goal from center ice than you do of beating these guys. So how do you protect your assets?"

Mr. Hall added, "We at DA may be able to help. We are raising $5,000,000 in funding to optimize a machine learning risk management platform developed over the last decade by a leading expert on AI and his team of PhD's. The solution has been quietly deployed as an alpha engine and it works. We are extending the functionality, so that large asset mangers, managed accounts and family offices will have their own secret weapon for defending against the pervasive algorithmic trading phenomenon."

In Closing Mr. Hall observed, "DA has a leadership team with proven global experience, a massive underserved marketplace and a disruptive game changing solution that should be generating revenue in just months. Those characteristics should have most investors salivating. If you add in the 30% refundable tax credits for BC investors and the fact that most investors will never have an opportunity to participate in pre-IPO companies like Zynga, Facebook or many of the other emerging Bay area companies, DA may represent a unique and compelling local opportunity to participate in the launch of what should be a successful and highly profitable venture."

The information contained in this press release does not constitute an offer to sell securities, or the solicitation of an offer to buy or recommendation for investment in any securities. The information is not intended as financial advice.

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