VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 14, 2014) - AnalytixInsight, Inc., a Big Data and Analytics company, (TSX VENTURE:ALY) (the "Company" or "AnalytixInsight") today announced that it has signed a licensing agreement with Dow Jones & Company ("Dow Jones") to offer AnalytixInsight generated content on all Dow Jones news, wire, and information and data-delivery services for consumers and institutions. These include leading finance news services and portals such as The Wall Street Journal, MarketWatch and Barron's as well as data services like Dow Jones Factiva.
With this licensing agreement, millions of visitors to the Dow Jones's sites will have access to the valuable analysis and content produced by AnalytixInsight's subsidiary, CapitalCube.Com. The licensing partnership with Dow Jones includes the delivery of CapitalCube.Com's algorithmically generated content on 45,000 companies and their competitors worldwide.
"This agreement with Dow Jones is a huge opportunity for AnalytixInsight and CapitalCube.Com to benefit from the endorsement of one of the world's leading finance and business news conglomerates. The revenue potential and exposure offered by the tens of millions of unique visitors to leading sites like Wall Street Journal, Barron's and MarketWatch is a great start for us to grow our media customer segment globally." said Chaith Kondragunta, CEO of AnalytixInsight.
"AnalytixInsight's unique platform allows us to process structured data to rapidly create narratives with analysis and insights," said Prakash Hariharan, Chairman of AnalytixInsight. "This licensing partnership again demonstrates the unique content we offer to some of the world's leading companies - recently with Samsung and now Dow Jones. We are a content provider, and by teaming up with such global leaders, we are putting the power of Big Data and Analytics into the hands of millions of people around the world. We expect AnalytixInsight to benefit as Big Data analytics as an asset class continues to grow and gain widespread acceptance."
The integration and launch of CapitalCube.Com content on Dow Jones websites is scheduled for end of Q2 2014.
On behalf of the Board of Directors of ANALYTIXINSIGHT INC.
Prakash Hariharan, Chairman
ABOUT ANALYTIXINSIGHT, INC.
AnalytixInsight, Inc., currently through its online portal CapitalCube (www.capitalcube.com) provides 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 45,000 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 has existing business relationships with leading global financial and media institutions. To find out more about CapitalCube's offerings, visit http://www.capitalcube.com.
ABOUT DOW JONES & COMPANY
Dow Jones & Company is a global provider of news and business information, delivering content to consumers and organizations via newspapers, Web sites, apps, video, newsletters, magazines, proprietary databases, conferences, and radio. Dow Jones has produced unrivalled quality content for over 100 years and today has one of the world's largest news-gathering operations with 2,000 journalists in more than 50 countries, including The Wall Street Journal, America's largest newspaper by total average circulation. Other premier brands include Dow Jones Newswires, DJX, Factiva, Barron's, MarketWatch and All Things Digital. Its information services publish in 13 languages and distribute content in 28 languages, combining technology with news and data to support business decision-making. The company pioneered the first successful paid online news site and its industry leading innovation enables it to serve customers wherever they may be, via the Web, mobile devices, Internet-connected televisions, and tablets.
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This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.