- Company's subsidiary Stockwall S.r.L selected as key content partner by Samsung
- Company's App - Marketwall - is the only financial app showcased on Samsung's new Gear
- Company's products to be included in Samsung's Point of Sale promotions
Toronto, Ontario - Big data analytics company AnalytixInsight Inc. (TSX-V: ALY) (the "Company" or "AnalytixInsight") continues to see growth in all aspects of its business operations: retail, institutional and mobile. 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 is pleased to announce that its 100% subsidiary Stockwall S.r.L has been recognized as one of the select key content partners by Samsung Electronics, particularly for its fast-growing wearables category. At the recently concluded IFA 2014 conference in Berlin, Samsung hosted the global launch of its next generation products - particularly the wearables category with Gear S - and showcased the Company's Marketwall App as the only market and financial data application for its Gear platform.
In addition to the Gear platform, the Marketwall App will be included as the financial app in Samsung's Point of Sale (POS) promotions across its mobile devices portfolio later this year. The Company has a revenue share arrangement with Samsung for all paid downloads on Samsung's entire suite of mobile products and Smart TVs. With over 250 million new devices launched every year, the partnership with Samsung Electronics validates the Company as a key content provider in the financial data domain. Further information and videos of the IFA event can be seen here: www.samsung.com/uk/unpacked/
"The Company is excited about this additional development in its partnership with Samsung and with this recognition expects a further acceleration in the global adoption of its MarketWall App. The rapid adoption of the MarketWall App thus far is also providing the Company the opportunities to strike B2B commercial arrangements with other premium financial and media institutions," said Marco Roscio Ricon, CEO of Stockwall S.r.L.
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.
For further information relating to AnalytixInsight Inc., CapitalCube.Com, and Stockwall, please contact:
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 relationship as a content partner with Samsung; 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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