SOURCE: Subjex Corporation

February 12, 2007 10:33 ET

Subjex Corporation Exceeds $1 Million Dollars in Funds Mirroring Trades; Auditor Verifies 2006 Trade Gains of 70.8% per GIPS Standard

Hitting These Milestones Expected to Help Attract Institutional Funds

MINNEAPOLIS, MN -- (MARKET WIRE) -- February 12, 2007 -- Subjex Corporation (OTCBB: SBJX) today announced that it now has in excess of $1 million in funds mirroring the trades the Company makes with its SubjexFMS software. Additionally, the Company reported that its independent auditor, Ronald N. Silberstein, CPA, PLLC, has verified the Company's 70.8% trade gains in calendar year 2006 in accordance with Global Investment Performance Standards ("GIPS").

SubjexFMS is an intelligent software product that forecasts the DJIA so that subscribers, when "plugged into" the software, can find capital appreciation. The forecasting engine's objective is to provide accurate next day forecasts, long or short, allowing the system to take market neutral profits via short term trades. SubjexFMS is not a Mutual fund or a brokerage service; it is a software system that clients subscribe to, allowing them to automatically plug into the trades the FMS makes for itself. SubjexFMS is based upon a proprietary Artificial Intelligence trade timing engine invented by Andrew Dean Hyder.

"Today's announcements are exciting. We have hit our goal of having $1 million in funds mirroring our trades by February of 2007 and our auditors have verified our 2006 trading gains. These milestones will go a long way toward building our credibility and attracting significant institutional dollars," Hyder stated.

Based in Minneapolis, Minnesota, USA, Subjex Corporation is an innovative Artificial Intelligence Development Company. The products, SubjexCSR and SubjexME, facilitate meaningful text-based humanlike conversations with website visitors and students, while SubjexFMS forecasts the DJIA with a current accuracy of nearly 80%. For more information visit the website at www.subjex.com.

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

  • For more information contact:
    Subjex Corporation
    Andrew D. Hyder
    C.E.O.
    866-777-0052
    952-931-0501
    Email Contact

    MeritView Partners LLC
    William P. Bartkowski
    612.605.8616
    Email Contact