Toronto, ON - Big data analytics company AnalytixInsight Inc. (TSX-V:ALY) (the "Company" or "AnalytixInsight") is pleased to announce a platform extension for MarketWall and CapitalCube through the development of a trade execution platform as part of a partnership with Epcylon Technologies Inc. ("Epcylon"). This partnership will enable the Company to extend its platform for its growing user base that now includes more than 4 million users of MarketWall, which the Company recently announced on May 5, 2015.
The partnership includes content and revenue sharing as well as the option to collaborate on asset management. As part of the content sharing arrangement, AnalytixInsight will carry Epcylon's sentiment analysis while Epcylon will carry predictive intelligence and company scores from AnalytixInsight. The partnership arrangement also includes a 70%-30% revenue share agreement for sales conversions on mutual referrals in each of the respective channels between Epcylon and AnalytixInsight. Further, the partnership includes the option to execute an agreement in building and managing an asset management division to include trading using Epcylon's proprietary Stealth Trader and the Colony Auto-Trader electronic trading platforms along with AnalytixInsight's analytics and research.
Prakash Hariharan, Chairman of AnalytixInsight, said, "This is a winning partnership. Bundling Stealth Trader with AnalytixInsight's technology and brands offers investors and traders access to two best-of-breed financial technology services. Stealth Trader provides sentiment analysis based on order flows and crowd behaviour and adds another dimension to our platform which generates predictive analytics based on fundamental stock research. This is also a unique opportunity to incorporate trading and executable services within MarketWall and CapitalCube to service the growing user base for both these products."
Jack Bensimon, CEO of Epcylon, said, "The AnalytixInsight partnership enables our customers to access real-time fundamental analysis and a premium scoring system to assist intraday trading activities. It also provides a new global distribution channel for Stealth Trader."
This partnership provides AnalytixInsight's users with unique trading order related sentiment analysis to add to the fundamental research users can access today. It also provides a trading platform to act on this valuable information. AnalytixInsight, with its unique big data analytics platform and ability to algorithmically generate content on approximately 50,000 equities and ETFs, is now in a compelling position to offer analytical content as well as trading content and the infrastructure to execute trades.
Epcylon Technologies Inc. is headquartered in Toronto, Ontario, and is a leading FinTech company developing proprietary software platforms for the global capital markets vertical. Epcylon's flagship software solutions includes Stealth Trader Intelligence and Colony Auto-Trader. For more information, visit www.epcylon.com and www.stealthtrader.com.
For further information relating to AnalytixInsight Inc, CapitalCube.Com, and Marketwall, please contact Paula Paez at +1.416.309.2698.
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 www.capitalcube.com and mobile platform Marketwall (www.marketwall.com) provide high-quality financial research and content for investors, information providers, finance portals and media. The Company's disruptive technology algorithmically analyzes market price data and regulatory filings to create insightful, actionable narratives and research on approximately 50,000 global companies and ETFs - all available as a cloud-based, SAAS offering. This platform capability is extensible to other asset classes and sectors to generate insightful research reports.
CapitalCube and Marketwall have existing business relationships with leading global financial and media institutions. For more information about CapitalCube visit www.capitalcube.com. For more information about Marketwall visit www.marketwall.com.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the partnership with Epcylon; the potential for the Epcylon partnership to create an expanded user base and additional revenues for AnalytixInsight; the growth of Epcylon's business; the growth of the Company's business operations; 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.
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