AnalytixInsight Reports First Quarter 2018 Financial Results

TORONTO, ON – May 30, 2018– Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF) is pleased to announce financial results for the quarter ended March 31, 2018.   

Key Highlights:

  • Revenue during the three months ended March 31, 2018 was $1,015,286 compared to revenue of $334,418 during the same period in the previous year. 
  • Working capital at March 31, 2018 is $1,825,426.
  • Euronext, the leading pan-European exchange in the Eurozone with 1,300 listed issuers, launched the beta version of their “Market Insight” app with imbedded analytics supplied by AnalytixInsight.
  • AnalytixInsight entered into an AI-driven research distribution agreement with Thomson Reuters, whereby Thomson Reuters will distribute content generated by AnalytixInsight’s machine-learning platform to customers on its financial desktop applications, Eikon and Thomson One.
  • Recognized as one of the top 10 performing technology companies in the 2018 Venture 50TM.

Selected Annual Financial Information

Screen Shot 2018-05-29 at 2.05.13 PM.png

Management Commentary
Prakash Hariharan, President & CEO, commented: “We are making great progress with our existing strategic partners and we are working with more potential new partners. Both the financial and workforce management industries are quickly embracing machine-learning, and we are witnessing a shift in thinking as industry participants now look to incorporate machine-learning into their business solutions.”

During the first quarter, Euronext, the leading pan-European exchange in the Eurozone with 1,300 listed issuers, launched the beta version of their “Market Insight” app. The app contains imbedded analytics supplied by AnalytixInsight’s CapitalCube platform, which provides in-depth analysis of a company’s performance relative to its peers, including valuation, profitability, accounting, earnings quality and dividend strength. The app can be downloaded at: www.euronext.com/en/market-data/euronext-market-insight.
 
The Company completed the transition to Thomson Reuters as a supplier of financial data during the first quarter of 2018. The Company subsequently announced an agreement with Thomson Reuters for an AI-driven research distribution agreement whereby Thomson Reuters will distribute financial research reports created by AnalytixInsight’s CapitalCube platform to customers on its financial desktop applications Eikon and Thomson One. This distribution agreement allows Thomson Reuters to offer unique AI-based financial research and increased content coverage of publicly traded issuers. The distribution of AnalytixInsight’s financial research reports by Thomson Reuters is expected to be implemented in phases, beginning in the third and fourth quarter of 2018. 
 
The Company was named as one of the top 10 performing technology companies in the 2018 Venture 50™ during the first quarter, a recognition of top performers on the TSX Venture Exchange during 2017.
 
Wholly-owned workforce management solutions provider Euclides Technologies Inc. continued to win additional customer contracts during the first quarter. 
 
Marketwall
AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated in AnalytixInsight’s financial results. Upon the successful completion of Marketwall’s product integration with Intesa Sanpaolo’s mobile platform and the achievement of other milestones, AnalytixInsight and Intesa Sanpaolo expect to jointly spin out Marketwall.

Marketwall Selected Annual Financial Information

Screen Shot 2018-05-29 at 2.09.08 PM.png

Market Maintenance Service Provider
The Company has retained Independent Trading Group Inc. (“ITG”) to provide market maintenance services to the Company in compliance with regulatory guidelines.  ITG will trade shares of the Company on the TSX Venture Exchange for the purposes of maintaining a reasonable market and improving the liquidity of the Company’s common shares. The Company will pay ITG $3,500 per month for their services. The agreement with ITG may be terminated at any time by the Company or ITG following an initial three-month term. There are no performance factors contained in the agreement and ITG will not receive any shares or options as compensation for the services it will render. The Company and ITG are unrelated and unaffiliated entities but ITG and/or its clients may have an interest, directly or indirectly, in the securities of the Company. The Company’s previous agreement with Mackie Research Capital Corporation to provide market maintenance services has been terminated.

CONTACT INFORMATION: 
Scott Urquhart
VP Corporate Development
Scott.Urquhart@AnalytixInsight.com
Tel: (416) 522-3975
 
ABOUT ANALYTIXINSIGHT INC.
AnalytixInsight’s (AnalytixInsight.com) artificial intelligence platform transforms data into knowledge. AnalytixInsight’s online portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (euclidestech.com), a workflow analytics systems integrator.

AnalytixInsight is a 2018 Venture 50TMcompany (tsx.com/venture50). 

Regulatory Statements
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; Marketwall’s ability to complete and roll-out the mobile-banking platform for Intesa Sanpaolo; the Company’s ability to spin out Marketwall, the use of the Company’s content by various parties; the impact of the distribution agreement with Thomson Reuters;  the performance of Euclides and the Company’s ability to operate in the work-flow analytics space;  the use by certain parties of CapitalCube and Marketwall App and the Company’s future performance. 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.

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.

AnalytixInsight Enters AI-driven Research Distribution Agreement with Thomson Reuters

TORONTO, May 16, 2018 (GLOBE NEWSWIRE) -- Artificial Intelligence company, AnalytixInsight Inc (TSX-V:ALY) (OTCQB:ATIXF) has entered into a distribution agreement with Thomson Reuters (TSX:TRI) (NYSE:TRI) whereby Thomson Reuters will distribute financial research reports created by AnalytixInsight’s artificial intelligence platform to customers on its financial desktop applications Eikon and Thomson One.  This allows Thomson Reuters to offer unique AI-based financial research and increased content coverage of publicly traded issuers.  

As part of this agreement, Thomson Reuters will supply financial data to AnalytixInsight, and distribute content generated by AnalytixInsight’s machine-learning platform, which will be distributed to clients and third-parties.

AnalytixInsight’s machine-learning financial portal, CapitalCube.com, provides comprehensive company analysis and on-demand fundamental research on over 50,000 global equities and North American ETFs. CapitalCube algorithmically generates insightful analysis, transforms numeric data into narratives, and distributes content to leading financial partners. AnalytixInsight’s subsidiary, Marketwall, has developed a mobile stock trading app which carries CapitalCube’s content allowing users to analyze companies and trade stocks within the same app. Marketwall is a Samsung partner in Europe, and the Marketwall app is currently being integrated with Intesa Sanpaolo, Italy’s leading bank.

Gord Wright, Account Director and Vlasios Halicoglu, Enterprise Solutions at Thomson Reuters commented, “Thomson Reuters is committed to increasing access to small and mid-cap equity research on our platforms.  By working together with the team at AnalytixInsight, our clients will have on-demand research reports to drive further value in their investing and trading decisions.”

Prakash Hariharan, CEO, AnalytixInsight commented, “Adding Thomson Reuters as a content distributor is a milestone achievement for us. They are the world’s leading information provider in financial markets, and we are very pleased to be their partner.”

Thomson Reuters

Thomson Reuters is the world’s leading source of news and information for professional markets. Our customers rely on us to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, visit www.thomsonreuters.com.

AnalytixInsight Inc.

AnalytixInsight’s artificial intelligence platform transforms data into knowledge. Financial portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on over 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media.www.analytixinsight.com.  

Contacts:
Vlasios Halicoglu
Thomson Reuters
(416) 687-7550
Vlasios.Halicoglu@thomsonreuters.com

Scott Urquhart
AnalytixInsight
(416) 522-3975
Scott.Urquhart@analytixinsight.com

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

Certain statements in this news release are forward-looking, including statements regarding the distribution agreement between AnalytixInsight and Thomson Reuters. These forward-looking statements are based on certain assumptions and reflect AnalytixInsight’s current expectations. As a result, forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. There is no assurance that events described in any forward-looking statement will materialize. You are cautioned not to place undue reliance on forward-looking statements which reflect expectations only as of the date of this news release. Except as may be required by applicable law, AnalytixInsight disclaims any obligation to update or revise any forward-looking statements.

Neither the 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.

AnalytixInsight Joins Global Fintech Innovation Center "The Floor"

TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V:ALY) (OTCQB:ATIXF) has joined “The Floor”, a global Fintech innovation center based in Tel Aviv. As a member, AnalytixInsight will access, and contribute to, the unique community of partners and industry innovators within the financial services market, further strengthening its strategic offerings with Fintech leaders worldwide.

The Floor (TheFloorHub.com) is an Israeli Fintech hub that was founded in collaboration with four of the world’s largest banks: HSBC, Santander, RBS and Intesa SanPaolo. The Floor is located at the Tel Aviv Stock Exchange building and is working to shape the bank of the future with exceptional Fintech solutions. Fintech investment in Israel has grown dramatically, positioning Tel Aviv as one of the world’s leading Fintech centers with over 500 Fintech startups and $650 million in accumulated Fintech VC funds.

Avi Cohen, Co-founder & CEO of The Floor, commented: “We are pleased to welcome AnalytixInsight to The Floor. We believe that just like Google and Amazon led the digital Internet wave, banks today are leading change that is as revolutionary as the Internet was 20 years ago, with innovation in payments, artificial intelligence, blockchain, and trading. AnalytixInsight is already a contributor within this wave and we look forward to working together with them.”

Prakash Hariharan, President & CEO, commented: “Being a member of The Floor allows us to showcase our offerings and expertise to those who are revolutionizing the industry, and positions us within the ecosystem of thought leaders in technology innovation. We already have data modelling experts located in Tel Aviv, who will now collaborate with other members of The Floor to expand our machine-learning capabilities and develop new offerings.”

In connection with this initiative, the Company has granted a total of 250,000 stock options to The Floor pursuant to its stock option plan.  The options vest on May 8, 2020 and have an exercise price of $0.38 per option for a period of five years from the date of grant.   The Company has also agreed to grant The Floor an additional tranche of 250,000 options on January 1, 2019 and a final tranche of 180,000 stock options on January 1, 2020, with vesting terms of 12 months and 6 months from such grant dates, respectively.   The price of the options in these latter tranches will be the closing price of the Company’s shares on the respective grant dates.  The grant of options remains subject to the approval of the TSX Venture Exchange.

CONTACT INFORMATION: 

Scott Urquhart
VP Corporate Development
Scott.Urquhart@AnalytixInsight.com
Tel: (416) 522-3975

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight’s (AnalytixInsight.com) artificial intelligence platform transforms data into knowledge. AnalytixInsight’s online portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on over 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (euclidestech.com), a workflow analytics systems integrator.

AnalytixInsight is a 2018 Venture 50™ company (tsx.com/venture50).

Regulatory Statements

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 impact of joining The Floor and the Company’s future performance. 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.

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.

ANALYTIXINSIGHT REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS

TORONTO, ON – April 16, 2018 – Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V: ALY; OTCQB: ATIXF) is pleased to announce financial results for the fourth quarter and full year ended December 31, 2017.  The fiscal year results are the strongest in the Company’s history.  
 
Key Highlights:

  • Revenue for 2017 was $4,516,759 compared to revenue of $1,075,349 for 2016.
  • Revenue for the fourth quarter was $1,498,276 compared to $297,156 in the same period in the previous year.
  • Working capital at December 31, 2017 is $1,903,865.
  • Contracted order backlog stands at approximately $4.5 million.
  • Recognized as one of the top 10 performing technology companies in the 2018 Venture 50TM.
Screen Shot 2018-04-15 at 5.46.50 PM.png

Management Commentary
Prakash Hariharan, President & CEO, commented: “2017 was a transformational year for the Company, and we are very pleased with our developments. We continued to strengthen our machine-learning platform and we added customers and content distribution partners for our financial analytics offerings at CapitalCube. We also solidified a second industry application of our machine-learning platform with the acquisition of Euclides Technologies and are now building workflow analytics solutions for this industry. We believe the Company is very well positioned to benefit from the rapidly evolving industry movements to embrace artificial intelligence and machine-learning solutions within business.”
 
Marketwall
AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated in AnalytixInsight’s financial results. Upon the successful completion of Marketwall’s product integration with Intesa Sanpaolo’s mobile platform and the achievement of other milestones, the Company and Intesa Sanpaolo expect to jointly spin out Marketwall.

MKTWALLScreen Shot  .png

AnalytixInsight was named as one of the top 10 performing technology companies in the 2018 Venture 50™, a recognition of top performers on the TSX Venture Exchange during 2017.
 
The Company also announces that the letter of intent with First Global Data Ltd. (please see July 5, 2017 press release) has expired.
 
CONTACT INFORMATION: 
Scott Urquhart
VP Corporate Development
Scott.Urquhart@AnalytixInsight.com
Tel: (416) 522-3975
 
ABOUT ANALYTIXINSIGHT INC.
AnalytixInsight’s (AnalytixInsight.com) artificial intelligence platform transforms data into knowledge. AnalytixInsight’s online portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (euclidestech.com), a workflow analytics systems integrator.

AnalytixInsight is a 2018 Venture 50 TM company (tsx.com/venture50).

Regulatory Statements
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; Marketwall’s ability to complete and roll-out the mobile-banking platform for Intesa Sanpaolo; the Company’s ability to spin out Marketwall, the use of the Company’s content by various parties; the performance of Euclides and the Company’s ability to operate in the work-flow analytics space;  the use by certain parties of CapitalCube and Marketwall App and the Company’s future performance. 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.

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.

AnalytixInsight Named a Top 10 Technology Company on the TSX Venture 50™

TORONTO, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (TSX-V:ALY) (OTCQB:ATIXF) is pleased to announce that it has been named as one of the top 10 performing technology companies in the TSX Venture 50™, a recognition of top performers on the TSX Venture Exchange during 2017.

Prakash Hariharan, CEO & Chairman of AnalytixInsight, commented: “We are honored to have been selected as one of the TSX Venture’s top 50 companies. This achievement reflects the Company’s several accomplishments during 2017, which include: acquiring Euclides Technologies, advancing our joint venture with Intesa Sanpaolo to launch the Marketwall mobile trading app, posting record revenues, and reaching operating profitability during the third quarter. We look forward to continuing to deliver additional shareholder value going forward.”

About TSX Venture 50™ 

The TSX Venture 50™ are the top ten companies listed on the TSX Venture Exchange in each of the five major industry sectors – mining, energy & energy services, clean technology & life sciences, diversified industries and technology – based on a ranking formula with equal weighting given to return on investment, market cap growth, trading volume and analyst coverage. All data was as of December 31, 2017. To learn more about the TSX Venture 50™ and to watch CEO video interviews visit www.tmx.com/venture50.  

CONTACT INFORMATION: 
Scott Urquhart
VP Corporate Development
Scott.Urquhart@AnalytixInsight.com
Tel: (416) 522-3975

About AnalytixInsight Inc.

AnalytixInsight’s (AnalytixInsight.com) artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (euclidestech.com), a workflow analytics systems integrator.

Forward Looking Information:

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 and the Company’s future plans. 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, 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.

NEITHER THE 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.

AnalytixInsight to Showcase AI Platform at Key Investor Conferences

TORONTO, ON – January 17, 2018 – Artificial Intelligence company AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (TSX-V: ALY; OTCQB: ATIXF) announces that it will demonstrate the artificial intelligence (“AI”) capabilities of its CapitalCube financial portal at the upcoming Cantech and MoneyShow investment conferences. CapitalCube.com provides comprehensive company analysis, including on-demand fundamental research, portfolio evaluation and screening tools, on over 50,000 global equities and North American ETFs. It is designed to empower investment ideas by providing in-depth analysis, peer-to-peer performance evaluations, accounting and earnings reports, dividend strength and AI-supported information about likely corporate actions such as dividend changes, share buybacks and acquisitions.

CapitalCube’s freemium pricing model allows free access to basic financial information, with additional in-depth analysis and predictive analytics for subscribers. CapitalCube publishes over 3,000 articles daily and attracts approximately 2,000,000 user sessions monthly.

Presenting these capabilities at Cantech 2018 and The Money Show Orlando is a powerful opportunity for AnalytixInsight to exhibit its CapitalCube portal to new audiences while networking one-on-one with attending investors.

Cantech 2018 - AnalytixInsight will exhibit in booth 309 and participate in the Artificial Intelligence Panel. The Cantech Investment Conference is Canada’s largest technology investment conference. This year’s event will take place January 31, 2018, at the Metro Toronto Convention Centre.  For more information visit cambridgehouse.com/e/cantech-investment-conference-2018-72.

The MoneyShow Orlando – AnalytixInsight will exhibit in booth 108, and make a presentation titled “Using Artificial Intelligence as an Investment Tool.” The MoneyShow Orlando is a four-day financial education conference for investors and traders scheduled for February 8 – 11, 2018.  For more information visit orlandomoneyshow.com.

CONTACT INFORMATION:

Scott Urquhart

VP Corporate Development

Scott.Urquhart@AnalytixInsight.com

Tel: (416) 522-3975

 

About Analytixinsight Inc.

AnalytixInsight’s (AnalytixInsight.com) artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube (capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (euclidestech.com), a workflow analytics systems integrator.

Forward Looking Information:

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; the Company’s ability to continue developing partnership relationships; the Company’s attendance at investment conferences and the Company’s future plans. 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,, 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.

NEITHER THE 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.

ANALYTIXINSIGHT REPORTS THIRD QUARTER RECORD REVENUES AND FIRST COMPANY PROFIT

TORONTO, ON – November 28, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) (TSX-V:ALY; OTCQB:ATIXF) today reported record revenues and the Company’s first operating profit for the third quarter ended September 30, 2017. 2017 Third Quarter Financial Highlights:

  • The Company’s revenue for the third quarter (excluding Marketwall) was the highest in the Company’s history at $1,716,119, a six-fold increase compared with the same period in the previous year of $281,106, and a 77% increase over Q2 2017 revenues of $967,946.
  • The Company’s revenue for the nine months ended September 30, 2017 was $3,018,483 compared to $778,193 for the same period in the previous year.
  • The Company achieved operating profit during the quarter, reporting net income of $320,607 compared to net loss of $(377,235) for the same period in the previous year.
  • Basic earnings per share for the third quarter was $0.01, compared to a loss of $(0.01) for the same period in the previous year.
  • Marketwall’s revenue for the third quarter was $854,588, which compares to $452,281 during the same period in the previous year. AnalytixInsight owns 49% of Marketwall, which is considered an associated company as its financial results are not consolidated with the Company’s financial results.
  • Marketwall’s revenue for the nine months ended September 30, 2017 was $3,482,977 compared to $1,031,512 for the same period in the previous year.
  • Recently acquired Euclides Technologies Inc. ("Euclides") currently has an order backlog of approximately $3.5 million.
  • During the third quarter, the Company entered into content partnership agreements with Thomson Reuters and Africa Investor to distribute the Company’s high quality financial research.
  • The Company continues to advance its recently announced Blockchain initiatives related to developments in its distributed ledger platform for CapitalCube and Marketwall.

Selected Financial Information

 

$ Canadian (unaudited) Three months ended

September 30

Nine months ended

September 30

2017 2016 2017 2016
AnalytixInsight Revenue 1,716,119 281,106 3,018,483 778,193
Marketwall Revenue

(Associated company, 49% owned, non-consolidated)

854,588 452,281 3,482,977 1,031,512

AnalytixInsight

The Company achieved record financial results during the third quarter, including operating profitability – the first in the Company’s history. During the quarter, the Company added Thomson Reuters and Africa Investor as new content distribution partners. They join the Company’s growing network of content partnerships which also includes Euronext NV, Yahoo Finance and The Wall Street Journal. The Company works with its content partners to deliver value added financial analysis and content, and to market and sell CapitalCube’s subscription licenses to various investors, brokers and financial institutions. The Company’s finance portal CapitalCube.com continued to average approximately 2 million user sessions per month through various distribution channels. The Company’s Euclides operating division continued to win new contracts during the quarter, and has a current order backlog of approximately $3.5 million.

Marketwall

Marketwall’s revenue for the third quarter was $854,588 compared to $452,281 in the same period in the previous year.  AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated with the Company’s financial results. The Company and Intesa Sanpaolo expect to spin-out Marketwall following the completion of Marketwall’s product integration within Intesa Sanpaolo’s mobile platform.  The completion of this integration is expected during the first half of 2018, and is expected to result in the migration of over eight million retail banking customers of Intesa Sanpaolo to Marketwall.

Blockchain

Further to the Company’s announcement on November 14, 2017, the Company has initiated discussions with Marketwall regarding its Blockchain initiatives to reduce transaction costs and trade settlement times for Marketwall through the development of a distributed ledger platform. This initiative is expected to benefit Marketwall’s partners including MarketHub and Samsung. MarketHub is Intesa Sanpaolo’s established trading platform whose 2016 trading volume exceeded €119 Billion on an average of 26,000 daily transactions.

Management Commentary

Prakash Hariharan, President & CEO, commented: “This is a milestone quarter for Company as we achieved record financial results and operating profitability. We are very pleased with the performance of the recently acquired Euclides Technologies and are pleased to have added new CapitalCube content partners during the quarter. We are actively pursuing our Blockchain initiatives with our partners and we are very encouraged with the potential of these projects.”

 

CONTACT INFORMATION:

Scott Urquhart

VP Corporate Development

(416) 522-3975

Scott.Urquhart@AnalytixInsight.com

ABOUT ANALYTIXINSIGHT INC. (www.AnalytixInsight.com

AnalytixInsight Inc.’s artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to apply its platform to different business verticals, the growth of the Company’s business operations, the licensing revenue stream to be received by the Company, the use of the Company’s content by various parties, Marketwall’s ability to integrate with Intesa Sanpaolo, the ability to spin-out Marketwall, the Company’ s ability to execute the backlog of orders, the impact of the deconsolidation of Marketwall, the Company’s licensing partnerships, the Company’s ability to develop and execute on its blockchain initiatives, and the use by certain parties 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.

Neither THE 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.

AnalytixInsight announces Blockchain initiative and US listing

TORONTO, ON – November 14, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or “Company”) (TSX-V:ALY; OTCQB:ATIXF) is pleased to announce that it will be enhancing its artificial intelligence platform with a series of Blockchain initiatives which will augment the Company’s existing big data analytics engine with distributed ledger technology. The Company’s shares will also trade on the OTCQB Marketplace under the symbol “ATIXF” effective November 14, 2017. Blockchain – The Company will evaluate and pursue Blockchain initiatives, which are contiguous with its artificial intelligence platform, using a distributed ledger technology to reduce transaction costs and settlement times for its users and partners in CapitalCube and Marketwall. The Company believes these initiatives will enhance current revenues being received from existing multi-year agreements with its partners.

CapitalCube - The Company’s deep learning platform currently processes more than 100 billion data computations daily, using its analytics models and logical arguments to generate insights. The platform provides financial analytics and generates content on approximately 50,000 publicly traded stocks and ETFs, attracting over 2 million user sessions monthly. The platform’s AI engine publishes more than 3,000 daily articles. CapitalCube has partnership agreements with various financial entities that include Euronext (European stock exchange with 1,300 listed issuers), Thomson Reuters, The Wall Street Journal and Yahoo Finance.

AnalytixInsight will pursue Blockchain offerings to enhance CapitalCube’s artificial intelligence platform, and partner relationships as CapitalCube adds to its user base through its channel partners.

Marketwall – The Company’s 49% owned subsidiary Marketwall, expects to deploy its mobile app for stock trading and banking services in 2018. This is a part of the ongoing multi-year revenue licensing partnership with Intesa Sanpaolo - Italy’s leading bank with 12.6 million customers. The mobile stock trading application will directly interface with Intesa Sanpaolo’s established trading platform MarketHub, whose 2016 trading volume exceeded €119 Billion on an average of 26,000 daily transactions. Marketwall has also partnered with Samsung to pre-load the app on certain Samsung devices in Europe.

AnalytixInsight will seek to develop a Blockchain distributed ledger platform to reduce transaction costs and settlement times for Marketwall, MarketHub and partners.

Prakash Hariharan, AnalytixInsight’s Chairman and CEO, commented: “A recent study by Deloitte shows there has been a massive surge of new open source Blockchain projects globally, but only a small percentage of these projects stay alive and achieve meaningful scale. We believe that by working together with our strategic partners we can create a meaningful impact within this rapidly developing industry”.

US Listing - AnalytixInsight has received notice from the OTC Markets Group that it has met the requirements to be upgraded to the OTCQB Marketplace effective November 14, 2017. The Company will now trade on the OTCQB under the symbol “ATIXF”. The Company will continue to also trade on the TSX-Venture Exchange under the symbol “ALY”. More than 80% of CapitalCube’s approximate 2 million monthly user session traffic is originated in the United States.

The Company has granted incentive stock options to its directors, officers, employees and consultants to purchase up to an aggregate of 630,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.47 per share.   The stock options vest immediately, subject to a four month regulatory hold period.  This grant of options is subject to the approval of the TSX Venture Exchange.

CONTACT INFORMATION:

Scott Urquhart

VP Corporate Development

Scott.Urquhart@AnalytixInsight.com

Tel: (416) 522-3975

 

ABOUT ANALYTIXINSIGHT INC. (www.AnalytixInsight.com)

AnalytixInsight’s artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

Forward Looking Information:

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to enhance its artificial intelligence platform and develop Blockchain initiatives; the growth of the Company's business operations; the use of the Company's content by various parties; the trading of the Company’s common shares on the OTCQB® market, the Company’s ability to continue developing partnership relationships, and the granting of stock options. 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,, 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.

NEITHER THE 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.

AnalytixInsight and Africa Investor Launch Financial Portal for African Market

TORONTO, ONTARIO--(August 28, 2017) - Artificial Intelligence company, AnalytixInsight Inc. ("AnalytixInsight") (TSX VENTURE:ALY) and Africa investor ("Ai"), a leading African media and financial group, are pleased to announce the launch of an online portal www.aianalytix.com for comprehensive company analysis including on-demand fundamental research, portfolio evaluation, and screening tools for publicly listed companies in Africa.

As previously reported on August 28, 2017, AnalytixInsight has entered into a content agreement with Ai to jointly create and launch an online platform for comprehensive company analysis, including on-demand fundamental research, portfolio evaluation, and screening tools on publicly listed companies in Africa.

This web portal will provide investors with data driven insights to evaluate and capitalize on opportunities offered within the African capital markets. The platform will be a premier source of financial data and analysis for 16 African exchanges, covering over 1,000 African equities, with an objective of providing domestic and offshore investors easy access to multiple African capital markets.

The web portal will be formally unveiled at the Ai CEO Institutional Investment Summit to be held on September 18-19 in New York. The summit is a unique CEO investor-issuer, invitation-only capital market leaders' platform for global institutional investors and African sovereign wealth and pension fund investors to originate and intermediate capital market transactions in Africa.

Prakash Hariharan, AnalytixInsight's Chairman and CEO, commented: "We are excited about the platform and look forward to providing services to a variety of Africa centric institutions and investors that today already work with Ai, including stock exchanges, pension funds and corporations in Africa. Investors and financial institutions currently incur significant costs in gathering and analyzing financial data to take advantage of African opportunities. This Africa focused big data analytics platform, powered by AnalytixInsight's technology, overcomes this challenge".

"The lack of reliable and current analytical data on African listed companies is routinely cited by our intentional investment partners as a key barrier to investing in Africa's public markets. We are therefore delighted to partner with AnalytixInsight and launch the Africa investor-AnalytixInsight AiAnalytix platform, which will empower global investors, domestic public companies and African stock exchanges through proven Big Data Analytics technology", said Hubert Danso, Group CEO and Vice Chairman of Africa investor.

ABOUT ANALYTIXINSIGHT INC. (www.analytixinsight.com)

AnalytixInsight's artificial intelligence platform transforms data into narratives. AnalytixInsight's online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

ABOUT AFRICA INVESTOR (www.africainvestor.com)

Africa investor is a specialist investment and communications group, advising institutional investors, pension funds, sovereign funds, governments, international organisations and businesses on strategies for capital market and foreign direct investments in Africa. Ai's media division publishes Ai magazine, the leading international newsstand magazine for Africa's investment decision makers; maintains the Ai 40 Investors' Index, hosts the Ai CEO Institutional Investment Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events. Operating at the intersection of institutional investors, business, government, international organisations and the media, Ai group has a network of clients across Africa and globally.

Forward Looking Information:

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the partnership with Ai; the growth of the Company's business operations; the use of the Company's content by various parties; and the Company's ability to provide services to the African market. 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,, 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.

NEITHER THE 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.

CONTACT INFORMATION

ANALYTIXINSIGHT TRIPLES Q2 REVENUES AND PROVIDES CORPORATE UPDATE

TORONTO, ON – August 29, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) (TSX-VENTURE: ALY) today reported record financial results for the second quarter ended June 30, 2017.2017 Second Quarter Financial Highlights:

  • The Company’s revenue for the quarter (excluding Marketwall) was the highest in the Company’s history at $967,946, which is more than triple the revenue during the same period in the previous year of $302,235, and 289% over first quarter revenues of $334,418.
  • The Company’s revenue for the six months ended June 30, 2017 was $1,302,364 compared to $497,087 for the same period in the previous year.
  • Profitability continued to improve, with losses significantly decreasing. Net Loss for the quarter reduced substantially to $(41,932) compared to $(426,589) for the same period in the previous year.
  • Loss per share for Q2 2017 was $(0.00), compared to $(0.01) for Q2 2016.
  • Marketwall’s revenue for the quarter was the highest in Marketwall’s history at $1,850,497, a six-fold increase when compared to $283,766 in the same period in the previous year. AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated with the Company’s financial results. The Company continues to advance its strategy of spinning out Marketwall following the completion of Marketwall’s product integration within Intesa Sanpaolo’s mobile platform.
  • Marketwall’s revenue for the six months ended June 30, 2017 was $2,628,389 compared to $579,231 for the same period in the previous year.
  • Recently acquired Euclides Technologies Inc. ("Euclides") currently has an order backlog of approximately $3 million.
  • The Company continues to develop its partnership with Euronext to provide its high quality financial research to Euronext, the leading pan-European exchange in the Eurozone.

Selected Financial Information

CapitalCube CapitalCube continued to average approximately 2 million user sessions per month through various distribution channels. CapitalCube has begun custom delivery and integration of its content under its licensing partnership with Euronext NV (“Euronext”). Under the terms of the partnership, the Company’s CapitalCube portal will deliver value added financial analysis and content, including key ratios and charts, on Euronext listed companies to Euronext’s website and mobile apps. Euronext will also market and sell CapitalCube’s professional subscription licenses to various brokers, financial institutions and listed corporations in Europe.

Marketwall Marketwall’s revenue for Q2 2017 was $1,850,497 compared to $283,766 in the same period in the previous year.  Marketwall recorded strong revenues after reaching an invoicing milestone on its contract with Intesa Sanpaolo’s mobile banking division. AnalytixInsight owns 49% of Marketwall which is considered an associated company as its financial results are not consolidated with the Company’s financial results. The Company and Intesa Sanpaolo expect to spin out Marketwall following the completion of Marketwall’s product integration within Intesa Sanpaolo’s mobile platform.  The completion of this integration is expected during the second half of 2017, and is expected to result in the migration of over eight million retail banking customers of Intesa Sanpaolo to Marketwall.

Euclides In Q1 2017, the Company completed the previously announced acquisition of certain assets of Euclides. Euclides is an expert Systems Integrator and consulting partner for field service management solutions and has touch points to over 100,000 field service personnel.

The order backlog continues to grow and currently stands at approximately $3 million, which is on track with expectations.

AnalytixInsight’s machine learning platform and artificial intelligence capabilities are well suited to serve today’s analytics and scheduling requirements within the Field Service Management (“FSM”) industry. The FSM industry is being shaped by trends such as the Internet-of-Things, which generates data, and workflow-analytics tools which can deliver predictive analytics, enhanced auto-scheduling, improved work order management and skills-based dispatching.

Management Commentary Prakash Hariharan, President & CEO, commented: "We are very pleased with the Company’s progress during the second quarter as artificial intelligence and machine learning continue to drive our growth. We are also very pleased to see new worldwide partners contracting with us for our CapitalCube content and are delighted to integrate Euclides’ workflow analytics solutions to our artificial intelligence platform."

CONTACT INFORMATION: Scott Urquhart VP Corporate Development (416) 522-3975 Scott.Urquhart@analytixinsight.com

ABOUT ANALYTIXINSIGHT INC. (www.analytixinsight.com AnalytixInsight Inc.'s artificial intelligence platform transforms data into narratives. AnalytixInsight’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

Regulatory Statements This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to integrate the assets of Euclides; the Company’s ability to apply its platform to different business verticals; the growth of the Company’s business operations; the licensing revenue stream to be received by the Company; the use of the Company’s content by various parties; Marketwall’s ability to integrate with Intesa Sanpaolo, the ability to spin-out Marketwall, the impact of the deconsolidation of Marketwall, the licensing partnership with Euronext and the use by certain parties 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.

Neither THE 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.

ANALYTIXINSIGHT ANNOUNCES CONTENT AGREEMENT WITH AFRICA INVESTOR

TORONTO, ON – August 28, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) (TSX-VENTURE: ALY) and Africa investor (“Ai”), a leading African media and financial group, have entered into an agreement to jointly create and  launch an online platform for comprehensive company analysis, including on-demand fundamental research, portfolio evaluation, and screening tools on publicly listed companies in Africa. Africa investor is an investment holding company operating through Ai Capital, for principal investments, and Ai Media, for distributing financial content through its various channels, networks and clients. Ai publishes Ai magazine, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Ai 40 Investors’ Index, hosts the Ai CEO Institutional Investment Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events.

Over the past decade, African equity markets have produced above average returns in emerging markets, but the overwhelming concerns for investors continues to be data availability, quality, logistics and liquidity. A joint product offering between AnalytixInsight and Ai, with a Pan African reach, will enable institutional investors, high net worth and retail investors to increase exposure to these markets.

The joint offering platform will provide investors with data driven insights to evaluate and capitalize on opportunities offered within the African capital markets. The platform will be a premier source of financial data and analysis for 16 African exchanges, covering over 1,000 African equities, with an objective of providing domestic and offshore investors easy access to multiple African capital markets.

Ai will be in charge of the sales and marketing of the platform through a variety of channels and AnalytixInsight will manage and maintain the technical and operational aspects of the platform.

The partnership will kick-off with the participation of AnalytixInsight in the Ai CEO Institutional Investment Summit meeting on September 18-19 in New York. The summit is a unique CEO investor-issuer, invitation-only capital market leaders’ platform for global institutional investors and African sovereign wealth and pension fund investors to originate and intermediate capital market transactions in Africa.

Prakash Hariharan, AnalytixInsight’s Chairman and CEO commented: “We are excited about the partnership and the potential to expand into Africa. Investors and financial institutions currently incur significant costs in gathering and analyzing financial data to take advantage of African opportunities.  AnalytixInsight’s big data analytics platform overcomes this challenge. We look forward to implementing our analytics platform and services within a variety of Africa centric institutions and investors that already work with Ai, including stock exchanges, pension funds and corporations”.

CONTACT INFORMATION: For AnalytixInsight Inc. Scott Urquhart: Scott.Urquhart@analytixinsight.com VP Corporate Development Tel: (416) 522-3975

ABOUT ANALYTIXINSIGHT INC. (www.analytixinsight.com) AnalytixInsight Inc.'s artificial intelligence platform transforms data into narratives. The AnalytixInsight’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

ABOUT AFRICA INVESTOR (www.africainvestor.com) Africa investor is a specialist investment and communications group advising governments, international organisations and businesses on communication strategies for capital market and foreign direct investments in Africa. Ai publishes Ai magazine, the leading international newsstand magazine for Africa’s investment decision makers; maintains the Ai 40 Investors’ Index, hosts the Ai CEO Institutional Investment Summit & Awards and the Ai CEO Infrastructure Investment Summit & Awards, among other events. Operating at the intersection of business, government, international organisations and the media, Ai group has a network of clients across Africa and globally.

Forward Looking Information: This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Parties are under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Caution: NEITHER THE 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.

FIRST GLOBAL DATA LIMITED and ANALYTIXINSIGHT Enter Letter of Intent for a Strategic Business Relationship

TORONTO, ON – July 5, 2017 – First Global Data Ltd. (“First Global”) (TSX-Venture: FGD, Frankfurt Stock Exchange: 1G5 ), and AnalytixInsight Inc. (“AnalytixInsight”) (TSX-Venture: ALY) together announce they have signed a letter of intent (“LOI”) to establish a strategic business relationship between the companies (the “Parties”)  

The companies intend to work together on initiatives which include:

  1. First Global will white label its mobile payment app for use by AnalytixInsight.
  2. AnalytixInsight will leverage its partnerships with organizations such as Samsung and Intesa Sanpaolo, to expand First Global’s mobile payments services across Europe and elsewhere as determined by the Parties in a revenue sharing model. Intesa Sanpaolo - one of Italy’s largest banks with a market cap of over €45 billion - has shared ownership in AnalytixInsight’s subsidiary Marketwall. Under the partnernership, Intesa Sanpaolo will migrate approximately 8 million mobile banking users in 8,000 retail branches to Marketwall’s mobile platform across five European countries, to provide a range of mobile payment services.
  3. First Global to embed the AnalytixInsight stock trading app in its mobile deployments in India, and elsewhere as determined by the Parties. First Global has a partnership with Vijaya Bank - one of India’s nationalized banks with over 2,000 branches - to deploy mobile payment services to Vijaya Bank account holders.
  4. First Global will introduce and offer AnalytixInsight’s stock analytics services to clients and partners in a per-transaction shared revenue model.
  5. AnalytixInsight will introduce and offer First Global’s mobile wallet services to their clients and partners in a per-transaction shared revenue model.
  6. First Global’s mobile payment technology to be the exclusive mobile payment technology to be used by AnalytixInsight.
  7. AnalytixInsight stock analytics technology to be the exclusive stock analytics technology to be used by First Global.

 

“AnalytixInsight has incredible predictive analytics technology and are deploying across Europe in partnership with Samsung. We intend to provide these valuable services to all of our strategic partners globally and to our collective clients. We also look forward to working with AnalytixInsight to expand the First Global mobile payment deployments into Europe. This strategic collaboration is mutually beneficial and will create significant new per transaction revenue sharing opportunities for both companies”, commented Andre Itwaru, First Global’s Chairman and CEO.

 

“New FinTech offerings such as mobile-pay are quickly changing the traditional models of how stocks are traded and money is moved”, commented Prakash Hariharan, AnalytixInsight’s Chairman and CEO. “We look forward to combining our product offerings to rapidly increase user growth as we work with our strategic partners - Samsung and Intesa Sanpaolo.

 

As a part of the LOI, the parties will be working towards executing a definitive agreement to take the strategic partnership forward.

 

ABOUT FIRST GLOBAL: (www.firstglobaldata.com)

 

First Global is an international financial services technology ("FINTECH") company. First Global's two main lines of business are mobile payments and cross border payments. First Global's proprietary leading edge technology enables the convergence of compliant domestic and cross border payments, shopping, Peer to Peer ("P2P"), Business to Consumer ("B2C"), and Business to Business ("B2B") payments. First Global enables its strategic partners and clients around the world with our leading edge financial services technology platform.

 

ABOUT ANALYTIXINSIGHT INC. (www.analytixinsight.com)

AnalytixInsight Inc.'s artificial intelligence platform transforms data into narratives. The AnalytixInsight’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media. AnalytixInsight holds a 49% interest in Marketwall, a mobile platform for banking and stock trading (www.marketwallcorporate.com). AnalytixInsight owns Euclides Technologies Inc. (www.euclidestech.com), a workflow analytics systems integrator.

 

 

CONTACT INFORMATION:

 

For First Global Data Ltd.

Renmark Financial Communications Inc.

Steve Hosein: shosein@renmarkfinancial.com

Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

email: ir@firstglobaldata.com

 

For AnalytixInsight Inc.

Scott Urquhart: Scott.Urquhart@analytixinsight.com

VP Corporate Development

Tel: (416) 522-3975

 

Forward Looking Information:

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Parties are under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

 

Caution:

The 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.

 

ANALYTIXINSIGHT POSTS STRONG GROWTH DURING QUARTER AND PROVIDES CORPORATE UPDATE

TORONTO, ON – May 30, 2017 – Artificial Intelligence company, AnalytixInsight Inc. (the “Company” or “AnalytixInsight”) (TSX-VENTURE: ALY) reports strong first quarter results on the back of continued growth in the business operations of its subsidiaries. Key highlights:

  • The Company’s revenue for Q1 2017 (excluding Marketwall) was CAD$0.33M as compared to CAD$0.19M for the same period in the previous year.
  • Marketwall’s revenue for Q1 2017 was CAD$0.78M compared to revenue of CAD$0.30M for Q1 2016.
  • The Company completed the previously announced acquisition of certain assets of Euclides Technologies, Inc. ("Euclides") relating to Euclides’ field service management integration business during the quarter. The Company believes this transaction is financially accretive to its shareholders.  Euclides generated approximately CAD$5 million of revenue during 2016 and has an order backlog at the end of Q1 2017 of approximately CAD$1.6 million.  The Company began integrating the acquired Euclides assets into its business on March 16, 2017 and expects this acquisition to materially contribute to the consolidated revenues going forward.
  • EPS for Q1 2017 was CAD$(0.01), same as for Q1 2016.
  • CapitalCube has entered into a licensing partnership with Euronext to provide its high quality financial research to Euronext, the leading pan-European exchange in the Eurozone.

Selected Financial Information

Three months ended March 31, 2017 (unaudited)

Three months ended March 31, 2016 (unaudited)

Revenue AnalytixInsight

CAD$334,418

CAD$194,852

Revenue Marketwall

(Associated Company, 49% owned, non-consolidated)

CAD$777,892

CAD$295,465

CapitalCube

CapitalCube averaged approximately 2 million user sessions per month through various distribution channels. During the quarter, CapitalCube initiated reporting and analysis of micro-cap and pre-revenue companies publicly listed in North America as well as analysis of ETFs based on the performance of all underlying constituents – a first of its kind.

CapitalCube has begun custom delivery and integration of its content under its licensing partnership with Euronext NV (“Euronext”). Under the terms of the partnership, the Company’s CapitalCube portal will deliver value added financial analysis and content, including key ratios and charts, on Euronext listed companies to Euronext’s website and mobile apps. Euronext will also market and sell CapitalCube’s professional subscription licenses to various brokers, financial institutions and listed corporations in Europe. The market launch of this partnership is expected during the second quarter of 2017.

Marketwall

Pursuant to the Company’s previously announced strategy, the Company deconsolidated Marketwall as part of the integration of Marketwall’s mobile business with Intesa Sanpaolo S.p.A. (“Intesa Sanpaolo”). The Company and Intesa Sanpaolo expect to spin out Marketwall after the integration with Intesa Sanpaolo, which is expected to be completed during the second half of 2017.  The completion of this integration is expected to result in the migration of over eight million retail banking customers of Intesa Sanpaolo to Marketwall. Marketwall will also be the exclusive mobile platform for Intesa Sanpaolo’s retail banking customers in six countries.

 

Marketwall generated revenue of CAD$0.78M for Q1 2017 compared to CAD$0.30M in Q1 2016.

Euclides

In Q1 2017, the Company completed the previously announced acquisition of certain assets of Euclides Technologies, Inc. ("Euclides") relating to Euclides' field service management integration business (the "Euclides Transaction"). Euclides is an expert Systems Integrator and consulting partner for field service management solutions and has touch points to over 100,000 field service personnel.  Euclides had revenues of approximately CAD$5 million in 2016. The order backlog continues to grow and stands at CAD$1.6 million as of March 31, 2017, which is on track with expectations.

AnalytixInsight's machine learning platform and artificial intelligence capabilities are well suited to serve today's analytics and scheduling requirements within the Field Service Management (“FSM”) industry. The FSM industry is a growth industry which is projected to double in size by 2020 (according to Markets and Markets, an industry research firm). The FSM industry is being shaped by trends such as the Internet-of-Things, which generates data, and workflow-analytics tools which can deliver predictive analytics, enhanced auto-scheduling, improved work order management and skills-based dispatching.

Management Commentary

Prakash Hariharan, President & CEO, commented: "We are very pleased with the Company’s progress during this first quarter.  We continue to advance our machine-learning platform and are pleased with the content we deliver to sophisticated financial users globally. The Euclides acquisition provides the foundation for us to develop workflow analytics solutions, and we look forward to advancing our artificial intelligence capabilities in this industry."

 

For further information relating to AnalytixInsight Inc., please contact Scott Urquhart, VP Corporate Development, at (416) 522-3975.

On behalf of the Board of Directors of ANALYTIXINSIGHT INC.

Prakash Hariharan, Chairman

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.'s artificial intelligence platform transforms data into narratives. The Company’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media.

The Company holds a 49% interest in Marketwall (www.marketwall.com), a mobile platform for banking and stock trading. The Company owns Euclides (www.euclidestech.com), a workflow analytics systems integrator.

For more information about AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to integrate the assets of Euclides; the Company’s ability to apply its platform to different business verticals; the growth of the Company’s business operations; the licensing revenue stream to be received by the Company; the use of the Company’s content by various parties; the ability to spin-out Marketwall, the impact of the deconsolidation of Marketwall, the licensing partnership with Euronext and the use by certain parties 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.

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.

ANALYTIXINSIGHT REPORTS FOURTH QUARTER AND FULL YEAR 2016 FINANCIAL RESULTS

ANALYTIXINSIGHT INC.

65 Queen Street West, Suite 800

Toronto, ON M5H 2M5

ANALYTIXINSIGHT REPORTS FOURTH QUARTER AND FULL YEAR 2016 FINANCIAL RESULTS

 

TORONTO, ON – April 25, 2017 – Big Data Analytics company, AnalytixInsight Inc. (TSX-V: ALY) (the “Company” or “AnalytixInsight”) is pleased to announce financial results for the fourth quarter and full year ended December 31, 2016.

 

Key Highlights:

  • The Company’s revenue for 2016 (excluding Marketwall) was $1.1M compared to revenue of $0.5M for 2015. Marketwall’s revenue for 2016 was $1.7M compared to revenue of $0.6M for 2015. Combined revenue for 2016 was $2.8M compared to revenue of $1.0M for 2015.
  • During the fourth quarter, the Company deconsolidated Marketwall S.r.L. (“Marketwall”) and recorded a gain on deconsolidation of $816,265.  The Company now owns 49% of the equity of Marketwall.
  • Operating expenses declined during the year, improving earnings (loss) per share significantly in 2016 to $(0.02) compared to $(0.08) in 2015.
  • Euronext, the leading pan-European exchange in the Eurozone, was added as a content distributor for the Company’s high quality financial research.
  • The Company completed the asset acquisition of Euclides Technologies Inc. (“Euclides”), and announced its intention to develop products relating to workflow analytics.

 

Selected Financial Information

Annual Revenue

2016

2015

Revenue AnalytixInsight

$ 1,075,349

$ 454,823

Revenue Marketwall (associated company)

$ 1,704,080

$ 570,042

Combined Revenue

$ 2,779,429

$ 1,024,865

 

CapitalCube

CapitalCube now covers approximately 48,000 worldwide companies and 2,600 North American ETF’s. CapitalCube publishes approximately 3,200 articles daily on its blog and leading content distributors. Website traffic remained strong at approximately 3.8 million users and 6 million user sessions during the fourth quarter.

During the fourth quarter Euronext, the leading pan-European exchange in the Eurozone, agreed to distribute CapitalCube’s unique financial research to their clients beginning in 2017.

Financial Summary – Continuing Operations

 

 

Three months ended

December 31

Year ended

December 31

 

2016

2015

2016

2015

Revenue

$ 297,156

$ 110,096

$ 1,075,349

$ 454,823

Gross profit (loss)

$ 108,687

$ (25,420)

$ 393,407

$ (357,231)

Expenses

$ (248,197)

$ (694,455)

$ (1,657,005)

$ (2,239,761)

Basic and diluted income (loss) per share

(includes one-time deconsolidation gain)

$ 0.01

$ (0.02)

$ (0.02)

$ (0.08)

 

Marketwall

As part of the implementation of the licensing and integration project with Intesa Sanpaolo S.p.A (“Intesa Sanpaolo”), Marketwall’s operating expenses increased from approximately $1.03 million in 2015 to $2.11 million in 2016.

The Company deconsolidated Marketwall during the fourth quarter, which has improved the Company’s operating performance and has resulted in a gain on deconsolidation of $816,265. AnalytixInsight now owns 49% of the equity of Marketwall. The overall Marketwall deconsolidation impact to the Company has resulted in a change from $0.46 million loss in 2015 to $0.55 million profit (including a one-time consolidation gain) in 2016.

Marketwall revenue for the year ended December 31, 2016 was $1,704,080 compared to $570,042 in 2015.

The Company expects Marketwall to complete its mobile banking and stock trading integration with Intesa Sanpaolo in the second half of 2017. Upon completion, Marketwall is expected to service approximately eight million of Intesa Sanpaolo’s mobile banking customers.

Upon the successful integration of the mobile platform and achievement of other milestones, the Company and Intesa Sanpaolo expect to jointly spin out Marketwall in 2018.

Euclides

As previously announced, the Company completed the asset purchase of Euclides, and announced its intention to develop products relating to workflow analytics. Euclides has annual revenues of approximately USD$4 million (approximately CAD$5.4 million), and at the end of the fourth quarter, Euclides had an order backlog of approximately USD$2 million.

Management Commentary

Prakash Hariharan, President & CEO, commented: “We are very pleased with development of the Company during 2016. The company enhanced its CapitalCube platform in response to the growing demand for its content. Significant investment was made in Marketwall’s licensing and integration project with Intesa Sanpaolo for roll out in 2017, and we completed the Euclides acquisition which will allow us to use our big data platform a new industry vertical - workflow analytics.”

 

For further information relating to AnalytixInsight Inc., please contact Scott Urquhart, VP Corporate Development at (416) 522-3975.

 

On behalf of the Board of Directors of

ANALYTIXINSIGHT INC.

 

Prakash Hariharan Chairman

 

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.’s technology platform helps transform data into narratives. The Company’s online portal CapitalCube (www.capitalcube.com) algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs, providing high-quality financial research and content for investors, information providers, finance portals and media.

The Company holds a 49% interest in Marketwall (www.marketwall.com), a mobile platform for banking and stock trading. The Company owns Euclides (www.euclidestech.com), a workflow analytics systems integrator.

For more information about AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements

 

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to increase traffic to its CapitalCube portal; the growth of the Company’s business operations; the Company’s ability to complete and roll-out the mobile-banking platform for Intesa Sanpaolo; the Company’s ability to spin out Marketwall, the use of the Company’s content by various parties; the performance of Euclides and the Company’s ability to operate in the work-flow analytics space;  and the use by certain parties 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.

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

 

AnalytixInsight Closes Big Data Acquisition in Field Service Management Industry

TORONTO, ONTARIO--(Marketwired - March 16, 2017) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Big Data Analytics company, AnalytixInsight Inc. (TSX VENTURE:ALY) (the "Company" or "AnalytixInsight") announces it has completed the previously announced acquisition of certain assets of Euclides Technologies, Inc. ("Euclides") relating to Euclides' field service management integration business (the "Euclides Transaction"). The Company also announces the termination of the previously announced potential investment by AnalytixInsight into Fixify Ltd. ("Fixify").

Euclides Transaction

Pursuant to the terms of the asset purchase agreement dated November 24, 2016 (the "Purchase Agreement") between AnalytixInsight, Euclides and the shareholders of Euclides, AnalytixInsight has paid USD$200,000 in cash and has issued 5,389,400 common shares of AnaltyixInsight (the "Common Shares") as consideration for the assets of Euclides. Euclides has also achieved the revenue milestone terms as set out in the Purchase Agreement with Euclides' 2016 revenues and order backlog exceeding USD$4 million. Accordingly, AnalytixInsight has issued to Euclides 3,311,125 common share purchase warrants (the "Milestone Warrants"). Each Milestone Warrant allows the holder thereof to purchase one (1) Common Share at a price of $0.20 per share until March 16, 2020.

All of the securities issued by the Company pursuant to the Euclides Transaction will be subject to a lock-up agreement pursuant to which: (i) the holders shall be restricted from selling or transferring such securities during the 12 months after their issuance (the "Lock-Up Period"), and (ii) after such 12 month period, the holder shall be required to provide the Company with 60 days' prior written notice before selling or transferring such securities. The 60 day prior written notice period can be satisfied during the Lock-Up Period.

Euclides is an expert Systems Integrator and consulting partner for field service management solutions and has touch points to over 100,000 field service personnel. Euclides is headquartered in Cambridge, MA.

Fixify Transaction

AnalytixInsight, Fixify and the shareholders of Fixify have decided to terminate the share purchase agreement dated November 24, 2016 between such parties (the "Termination"). The Fixify shareholders have instead agreed to work cooperatively with AnalytixInsight, Euclides and Euclides' strategic partners to develop products and analytics software solutions which best serve the needs of Euclides' customers and strategic partners. Pursuant to the Termination, AnalytixInsight will not be required to pay USD$1.0 million to acquire a 20% interest in Fixify and no break fees will be paid by either party.

Management Commentary

Prakash Hariharan, President & CEO of AnalytixInsight, commented: "We are very pleased to complete this acquisition and begin our work together with the Euclides team to develop workflow analytics solutions. This transaction is financially accretive to our shareholders and we believe our combined teams will create compelling new revenue streams within this evolving industry."

Adi Hod, CEO of Euclides, commented: "We are excited to join the AnalytixInsight team and our customers have shown strong support for this transaction. We look forward to building analytics solutions for our clients and expanding our capabilities."

In connection with the Euclides Transaction, AnalytixInsight has granted a total of 1,225,000 stock options to various consultants and employees pursuant to its stock option plan. The options may be exercised at a price of $0.24 per option for a period of five (5) years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange.

AnalytixInsight also reports that it has applied to the TSX Venture Exchange to extend the term of 3,406,250 common share purchase warrants (the "Warrants") issued on April 5, 2016 until April 5, 2018. Each Warrant currently entitles to the holder thereof to purchase one (1) common share at a price of $0.25 until April 5, 2017.

On behalf of the Board of Directors of

ANALYTIXINSIGHT INC.

Prakash Hariharan, President & CEO

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.'s technology platform helps transform data into narratives. 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. 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 AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding each of the Euclides Transaction and the Termination, the proposed extension of the Warrants, the business and/or assets of Euclides, the FSM industry, the expected benefits of the Euclides Transaction and Termination, the grant of stock options and the Company's business. 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.

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.

 Contact Information
AnalytixInsight Inc. Scott Urquhart VP Corporate Development (416) 522-3975

ANALYTIXINSIGHT CLOSES PRIVATE PLACEMENT FINANCING

ANALYTIXINSIGHT CLOSES PRIVATE PLACEMENT FINANCING

TORONTO, ON – March 6, 2017 – Big Data Analytics company, AnalytixInsight Inc. (TSX-V: ALY) (the “Company” or “AnalytixInsight”) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”). The Offering was increased from $2,300,000 to $2,600,000 as a result of higher demand.  The Company has issued 13,000,000 units (the “Units”) at a price of $0.20 per Unit for gross proceeds of $2,600,000.  Each Unit is comprised of one common share of the Company (a “Common Share”) and one half of one Common Share purchase warrant (each a “Warrant”).  Each whole Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.35 at any time prior to September 6, 2018. The proceeds of the Offering will be used for general corporate purposes.

In connection with the Offering, AnalytixInsight paid finder’s fees of $71,750 in cash and issued 358,750 non-transferable finder’s warrants (“Finder’s Warrants”).  Each Finder’s Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.35 at any time prior to September 6, 2018.

All securities issued in connection with the Offering are subject to a four month plus one day hold period.  Closing of the Offering remains subject to receipt of all necessary regulatory approvals, including final approval of the TSX Venture Exchange.

Management, employees and certain directors of AnalytixInsight acquired a portion of the Offering, and their participation (the “Insider Participation”) is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101”). The Insider Participation is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

AnalytixInsight has entered into an agreement with FronTier Merchant Capital Group ("FronTier") to provide the Company with investor relations services. Under the terms of the agreement, FronTier has been retained for a 12 month period for total consideration of $87,000. FronTier will assist the Company by increasing market awareness for the Company utilizing a number of financial market communications initiatives.

For further information relating to AnalytixInsight Inc., please contact Scott Urquhart, VP Corporate Development, at (416) 522-3975.

 

On behalf of the Board of Directors of

ANALYTIXINSIGHT INC.

 

Prakash Hariharan

Chief Executive Officer

 

ABOUT ANALYTIXINSIGHT INC.

 

AnalytixInsight Inc.’s technology platform helps transform data into narratives. 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. 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 AnalytixInsight visit www.analytixinsight.com.

 

Regulatory Statements

 

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements the timing and closing of the Offering, the use of proceeds of the Offering, the impact of the appointment of FronTier and the Company's operations and business. 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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.  

AnalytixInsight Arranges Private Placement Financing

AnalytixInsight Arranges Private Placement Financing

 

 

TORONTO, ONTARIO--(Marketwired - Feb. 28, 2017) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Big Data Analytics company, AnalytixInsight Inc. (TSX VENTURE:ALY) (the "Company" or "AnalytixInsight") is pleased to announce that it has arranged a non-brokered private placement financing of up to 11,500,000 units of AnalytixInsight (the "Units") at a price of $0.20 per Unit for gross proceeds of up to $2,300,000 (the "Offering"). Each Unit shall be comprised of one common share of AnalytixInsight (each a "Common Share") and one-half of one common share purchase warrant (each a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.35 for a period of 18 months following the closing date of the Offering.

The proceeds of the Offering will be used for general corporate purposes. The closing date of the Offering is expected to occur on or about March 2, 2017. All securities issued by AnalytixInsight will be subject to a statutory hold period of four months and one day. Completion of the Offering is subject to a number of conditions, including TSX Venture Exchange approval.

In connection with the Offering, AnalytixInsight may pay finder's fees in cash of up to 7% of gross proceeds of the Offering and finder's warrants ("Finder Warrants") in an amount of up to 7% of the Units sold pursuant to the Offering to eligible finders in accordance with the policies of the TSX Venture Exchange. Each Finder Warrant will entitle the holder thereof to purchase one Common Share at a price of $0.35 for a period of 18 months following the closing date of the Offering.

With management, employees and certain directors of AnalytixInsight acquiring a portion of the Offering, their participation will be considered to be a "related party transaction" as defined under Multilateral Instrument 61-101 ("MI 61-101"). The Offering will be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

AnalytixInsight continues to work towards completion of the transactions which were previously announced on November 25, 2016 and will issue a press release at such time of closing.

On behalf of the Board of Directors of

ANALYTIXINSIGHT INC.

Prakash Hariharan

President & CEO and Chairman

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.'s technology platform helps transform data into narratives. 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. 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 AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements the timing and closing of the Offering, the use of proceeds of the Offering, the Company's ability to close its previously announced acquisitions and the Company's operations and business. 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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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.

ANALYTIXINSIGHT ANNOUNCES BIG DATA TRANSACTIONS IN FIELD SERVICE MANAGEMENT INDUSTRY

AnalytixInsight agrees to acquire expert Systems Integrator and invest in SaaS field service management solution provider. To become workflow analytics solutions provider.

TORONTO, ON – November 25, 2016 – Big Data Analytics company, AnalytixInsight Inc. (TSX-V:ALY) (the “Company” or “AnalytixInsight”) is pleased to announce it has entered into a definitive agreement to acquire certain assets of Euclides Technologies, Inc. (“Euclides”) relating to Euclides’ field service management integration and implementation business (the “Euclides Transaction”).  The Company is also pleased to announce that it has entered into a definitive agreement to make a strategic investment in Fixify Ltd., a SaaS field service optimization company (the “Fixify Transaction”).  AnalytixInsight expects that the completion of these transactions will enable the Company to become highly competitive in the growing field service management (“FSM”) industry.

Euclides is an expert Systems Integrator and consulting partner for field service management solutions.  Euclides is headquartered in Cambridge, MA with a presence in Tel Aviv, Israel, London, UK, and Melbourne, Australia.  Euclides has an 11 year operating history and annual revenues of approximately USD$4 million (approx. CAD$5.4 million). Euclides’ revenues for the nine month period ending September 30, 2016 were approximately USD$2.9 million with an order backlog of approximately USD$2.4 million. Euclides’ customers range in size and industry with the majority being water, gas, electric utilities, telecommunication, security, insurance, retail, and manufacturing organizations. The Euclides team has decades of combined experience in developing, implementing, and consulting tailored FSM solutions for large global corporations, with touch points to over 100,000 field service personnel. Euclides is an implementation partner for FSM industry leaders.

Fixify is a SaaS field service management software provider for organizations with approximately 50-250 field employees. Fixify offers enterprise level functionality with optimized scheduling and mobility alongside pre-built adapters with Microsoft Dynamics CRM and Salesforce to allow companies of this workforce size to implement a cost-effective service management solution.  Fixify launched its commercial product offering in January 2015.

Strategic Rationale

AnalytixInsight’s machine learning platform and artificial intelligence capabilities are well suited to serve today’s analytics and scheduling requirements within the FSM industry.  The FSM industry is a growth industry which is projected to double in size by 2020 (according to MarketsandMarkets, an industry research firm).  The FSM industry is being shaped by trends such as the Internet-of-Things, which generates data, and workflow analytics tools which can deliver predictive analytics, enhanced auto-scheduling, improved work order management and skills-based dispatching.

The acquisition is expected to be accretive to AnalytixInsight’s shareholders considering the current revenue run rate and order backlog of Euclides.

Management Commentary

Prakash Hariharan, President & CEO of AnalytixInsight, commented: “The Euclides acquisition and Fixify investment is a strategic entry for us into workflow analytics, where we believe there are many opportunities to implement our big data analytics capabilities.  These transactions are financially accretive to our shareholders and we believe our combined teams will create compelling new revenue streams within this evolving industry.”

Adi Hod, CEO of Euclides, commented: “We are excited to have our team join AnalytixInsight.  Our FSM clients have a strong interest in big-data analytics as a way to quantify FSM related data now collected using today’s technology. Today, clients collect data not only on the vehicle location, but also on such factors as speed, traffic-based ETA, employee efficiency and skills-based scheduling – all factors that allow better workforce utilization within their organizations. AnalytixInsight is a natural fit for us to develop analytics solutions for our customers, and their interest in analytics is very high.”

Euclides Transaction

Pursuant to an asset purchase agreement dated November 24, 2016 between AnalytixInsight, Euclides and the shareholders of Euclides (the “Euclides Agreement”), AnalytixInsight has agreed to acquire certain assets of Euclides relating to Euclides’ field service management integration and implementation business (the “Euclides Assets”).

Pursuant to the terms of the Euclides Agreement, AnalytixInsight will:

  • on the closing date of the Euclides Transaction, pay USD$200,000 in cash to Euclides;
  • on the closing date of the Euclides Transaction, issue to Euclides such number of common shares of AnalytixInsight equal to USD$800,000 divided by the volume weighted average price per common share of AnalytixInsight on the TSX Venture Exchange during the 20 trading days ending on November 23, 2016; and
  • on such date after the closing date of the Euclides Transaction (the “Milestone Date”) that, on a cumulative basis, (i) the billed revenues during fiscal 2016 from the Euclides Assets; and (ii) the order backlog, exceed USD$4 million, issue to Euclides such number of AnaltyixInsight common share purchase warrants (the “Warrants”) equal to USD$500,000 divided by the volume weighted average price per common share of AnalytixInsight on the TSX Venture Exchange during the 20 trading days ending on the date preceding the Milestone Date (the “Milestone Price”).  Each Warrant will be exercisable by the holder for one common share of AnalytixInsight at an exercise price equal to the Milestone Price.  The Warrants will have a term of three years commencing on the Milestone Date.

All of the securities issued by the Company pursuant to the Euclides Transaction will be subject to a lock-up agreement pursuant to which: (i) the holders shall be restricted from selling or transferring such securities during the 12 months after their issuance (the “Lock-Up Period”), and (ii) after such 12 month period, the holder shall be required to provide the Company with 60 days’ prior written notice before selling or transferring such securities.  The 60 day prior written notice period can be satisfied during the Lock-Up Period.

The Euclides Agreement remains subject to certain customary closing conditions, including the approval of the TSX Venture Exchange, as well as Euclides obtaining consent from at least 80% of the active customers of Euclides.

The Euclides Transaction is an arm’s length transaction and AnalytixInsight is not assuming any long term debt in connection therewith.  AnalytixInsight is not paying any finder’s fees in connection with the Euclides Transaction.

Fixify Transaction

Pursuant to a share purchase agreement dated November 24, 2016 between AnalytixInsight, Fixify and the shareholders of Fixify (the “Fixify Agreement”), AnalytixInsight has agreed to (i) acquire 20% of the issued and outstanding ordinary shares of Fixify; and (ii) pay USD$1.0 million to Fixify for working capital purposes, on closing of the Fixify Transaction.   At closing, the parties expect to enter into a reseller agreement pursuant to which the Company will receive 40% of the Fixify revenues related to the resale of Fixify products and co-developed analytics product offerings.

The Fixify Transaction may close up to 90 days following the closing of the Euclides Transaction and the Fixify Agreement includes a mutual break fee of USD$100,000 if the Fixify Transaction does not close in certain circumstances. The Fixify Agreement remains subject to certain customary closing conditions, including the approval of the TSX Venture Exchange, as well as the completion of the Euclides Transaction.

The Fixify Transaction is an arm’s length transaction and AnalytixInsight is not assuming any long term debt in connection therewith.  No new Control Person (as defined by policies of the TSX Venture Exchange) will be created as a result of the transactions disclosed herein.  AnalytixInsight is not paying any finder’s fees in connection with the Fixify Transaction.

Financial Information Summary 

Income Statement

$ (millions)

Euclides

(USD, unaudited)

AnalytixInsight

(CAD, unaudited)

Pro-Forma

(CAD, unaudited)

(USD/CAD exchange rate: 1.34)

 

Nine months ended Sept 30, 2016

Nine months ended Sept 30, 2016

Nine months ended Sept 30, 2016

Revenue

2.9

1.8

5.7

Gross profit

2.9

0.8

4.7

Expenses

2.2

2.2

5.1

Net Operating Profit (Loss)

0.7

(1.4)

(0.4)

Euclides annual revenue history (unaudited):  2015: USD$3.9 million; 2014: USD$5.5 million; 2013: USD$4.0 million.

The financial information presented is for illustrative use only. The Euclides financial summary is based on management prepared information which has been adjusted to account for currency exchange and related company transactions.   

Please refer to the Company’s unaudited condensed interim consolidated financial statements and corresponding management’s discussion and analysis under the Company’s profile at www.sedar.com. For further information relating to AnalytixInsight Inc., please contact Scott Koyich at +1.403.262.9888.

 

On behalf of the Board of Directors of

ANALYTIXINSIGHT INC.

 

Prakash Hariharan President & CEO and Chairman

 

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.’s technology platform helps transform data into narratives. 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. 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 AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements 

 

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding each of the Euclides Transaction and the Fixify Transaction, the business and/or assets of Euclides and Fixify, the FSM industry, the ability of the Company and Fixify to enter into a reseller agreement, the ability of the parties to complete the Euclides Transaction and the Fixify Transaction, the expected benefits of each of the Euclides Transaction and Fixify Transaction, the financial information of Euclides and associated pro-forma financial information and the Company’s business. 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.

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.

 

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

 

AnalytixInsight Reports Record Quarter Results

TORONTO, ONTARIO--(Marketwired - Nov. 11, 2016) - Big Data Analytics company, AnalytixInsight Inc. (TSX VENTURE:ALY) (the "Company" or "AnalytixInsight") is pleased to announce record financial results for the three and nine month period ending September 30, 2016.

Third Quarter 2016 Highlights

  • Revenues were the highest in the Company's operating history, increasing approximately 25% compared to the previous quarter, as a result of strong demand for content and the rollout of business partnerships.
  • Expenses were the lowest in the Company's operating history, decreasing approximately 16% compared to the previous quarter, as profitability continued to grow. Net loss per share declined to (0.01) for this quarter.
  • Revenues for the nine months ended September 30, 2016 were approximately $1.8 million, up approximately 287% when compared to the same period in the previous year.
  • CapitalCube website session traffic growth continued to be strong, increasing approximately 12% over the previous quarter (approximately 6.3 million unique users).
  • MarketWall development activity continued in advance of the Intesa Sanpaolo customer rollout expected to occur during the first half of 2017. Approximately 8% of the revenues relating to the recently announced approximately CAD$2m contract were recognized during the third quarter by MarketWall.
Financial Summary
Three months ended September 30, 2016 $ Canadian (unaudited) Nine months ended September 30, 2016 $ Canadian (unaudited)
2016 2015 2016 2015
Revenue 733,387 323,431 1,809,705 630,607
Gross profit 141,357 146,522 802,366 (94,727 )
Expenses 630,080 842,492 2,193,196 2,171,303
Net loss per share (0.01 ) (0.02 ) (0.03 ) (0.06 )

Please refer to the Company's unaudited condensed interim consolidated financial statements and corresponding management's discussion and analysis for the three and nine month period ended September 30, 2016 available under the Company's profile at www.sedar.com.

Management Commentary

"We are very pleased with our record third quarter results" commented Prakash Hariharan, President & CEO of the Company. "CapitalCube performed strongly during the typically slower summer period, primarily due to the platform enhancements that we completed earlier this year. These included publishing on dividend paying equities in North America that formed a big portion of retail investor interest. North American ETFs and related analytics will remain a core focus for CapitalCube in subsequent quarters. We believe ETFs, as an asset class, will grow strongly creating a demand for products, wealth management tools and predictive analytics in the Fintech world. MarketWall development also continues as we prepare for the Intesa Sanpaolo customer rollout anticipated during the first half of 2017 and subsequent spin out."

During the recently completed quarter, MarketWall entered into a mobile banking development contract with Intesa Sanpaolo. Approximately 8% of the $2 million in revenues associated with this contract have been recorded as revenue by the Company to date.

CapitalCube now publishes approximately 3,200 articles daily on North American equities. During the quarter, approximately 5,000 articles were initiated on dividend paying stocks which attracted significant interest among retail investors. Advanced analytics and unique screener tools were added during the quarter to integrate over 2,000 North American ETFs into the platform. Demand for ETFs, now one of the fastest growing asset classes in the investment world, and related analytics was strong. ETF research is expected to generate significant usage of the CapitalCube platform, in addition to coverage of over 45,000 global equities.

On behalf of the Board of Directors of ANALYTIXINSIGHT INC.

Prakash Hariharan, Chairman

ABOUT ANALYTIXINSIGHT INC.

AnalytixInsight Inc.'s technology platform helps transform data into narratives. 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. 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 AnalytixInsight visit www.analytixinsight.com.

Regulatory Statements

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company's ability to increase traffic to its CapitalCube portal; the growth of the Company's business operations and profitability; the Company's ability to complete and roll-out the mobile-banking platform for Intesa Sanpaolo; the Company's ability to spin out Marketwall; the use of the Company's content by various parties; and the use by certain parties 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.

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.

 

CONTACT INFORMATION

Scott Koyich

+1.403.262.9888

ANALYTIXINSIGHT POSTS STRONG QUARTERLY RESULTS DRIVEN BY THE INCREASED DEMAND FOR ITS CONTENT

TORONTO, ON – August 24, 2016 – Big Data Analytics company, AnalytixInsight Inc. (TSXV:ALY) (the “Company” or “AnalytixInsight”) is pleased to announce its financial results for the three and six month period ending June 30, 2016. Second Quarter 2016 Financial Highlights 1) Second quarter revenue increased approximately 20% over the previous quarter. 2) Six month revenue of approximately $1.1 million, up 350% when compared to the same period last year. 3) Improved gross margins and reduced net loss as demand for content continues to grow.

financials

Please refer to the Company’s unaudited condensed interim consolidated financial statements and corresponding management’s discussion and analysis for the three and six month period ended June 30, 2016 available under the Company’s profile at www.sedar.com.

Second Quarter 2016 Operational Highlights 1) CapitalCube publishing has increased to approximately 3,000 auto-generated articles daily which is only approximately one third of total publishing capacity. 2) CapitalCube traffic increased by more than 830% when compared to the same period last year and is now over 2 million unique visitors per month. 3) Infrastructure expansion to accommodate CapitalCube traffic growth. 4) Mobile device access on CapitalCube is growing strongly and is a significant driver of business. 5) Continued investment in MarketWall initiatives in advance of recently announced contracts (approximately CAD$2 million) with Intesa Sanpaolo in addition to the multi-year licensing partnership.

Management Commentary “We are very pleased with the revenue growth and user growth of our platform as demand for content providers in the FinTech space continues to grow,” said Prakash Hariharan, President & CEO. “CapitalCube has grown quickly, and during the second quarter we added infrastructure capacity to accommodate the significant increase in traffic that we are experiencing. We are continually adding new features and system improvements for our clients and we recently loaded Canadian ETFs on the platform. Our investment in MarketWall initiatives also increased this quarter as we prepare for the Q1 2017 rollout to Intesa Sanpaolo customers and the completion of their mobile-banking platform development.”

CapitalCube now covers approximately 50,000 listed global companies and North American ETFs and attracts over 2 million unique visitors per month. Approximately 3,000 daily content articles ranging from unique earnings analysis to technical trading indicators are published through leading distribution partners such as Yahoo! Finance and The Wall Street Journal.

MarketWall recently announced an approximately CAD$2 million contract to develop a mobile-banking platform for Intesa Sanpaolo which is expected to be completed in 2016. This is in addition to the previously announced multi-year licensing partnership valued at approximately CAD$10 million over five years to rollout a custom version of the MarketWall App to Intesa Sanpaolo’s approximately 20 million retail customers.

For further information relating to AnalytixInsight Inc., please contact Scott Koyich at +1.403.262.9888.

On behalf of the Board of Directors of ANALYTIXINSIGHT INC.

Prakash Hariharan
Chairman

ABOUT ANALYTIXINSIGHT INC. AnalytixInsight Inc.'s technology platform helps transform data into narratives. The Company's online portal CapitalCube and mobile platform MarketWall 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. www.analytixinsight.com 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. Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s ability to increase traffic to its CapitalCube portal; the Company’s ability to continue to improve its infrastructure; the growth of the Company’s business operations; the Company’s ability to complete the mobile-banking platform for Intesa Sanpaolo; the use of the Company’s content by various parties; and the use by certain parties 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. 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.