DGAP-News: Innov8 Social Media PLC: Public Beta Launch of Xen's Semantic Web Platform

DGAP-News: Innov8 Social Media PLC: Public Beta Launch of Xen's Semantic Web Platform

ID: 109611

(firmenpresse) - DGAP-News: Innov8 Social Media PLC / Key word(s): Miscellaneous
Innov8 Social Media PLC: Public Beta Launch of Xen's Semantic Web
Platform

31.01.2012 / 20:05

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London, United Kingdom
The Board of Directors of Innov8 Social Media plc (Ticker: I8SM) are
delighted to announce the accomplishment of a significant milestone by the
Management of investee company, Xen Inc, following the public beta launch
of their semantic web platform last week, which can be found at
www.xen.com.
Xen employs a number of highly-skilled social media and semantic technology
professionals, and has been developing and building a unique
first-of-its-kind platform for several years. The launch of the public beta
is major development for the Company, as it is the first opportunity for
consumers to test this exciting new technology.
Xen's Platform aims to reorganise the internet, and become the new standard
for exchanging interests redefining the way people connect with friends,
discover new content and share personal interests. This is achieved through
the harvesting of user data generated from a vast number of existing social
media applications and websites (i.e. Facebook, Twitter, YouTube). Xen's
unique technology makes sense out of these pools of data, which are used to
create a unique Interest Graph of semantic relationships for each user,
based on that users' online activities. This enables the consumer to use
their interests for a personalised searching, sharing, matching and
browsing on the web.

** END OF NEWS RELEASE **

About Innov8
Innov8 Social Media Plc ('Innov8') is an active investor in social and
digital media technologies, which was formed in 2011 to capitalise on a
number of opportunities in this rapidly growing and dynamic market segment.




The Company looks to grow its existing portfolio of assets which range
across a number of subsectors including semantic web 3.0 solutions, social
data analytics, e-commerce and social gaming. Innov8's vision is to become
a globally recognised, market leading investment platform for young
companies and emergent technologies in the social and digital media
sectors.
Innov8 Social Media Plc, 1 Kings Avenue, Winchmore Hill, London N21 3NA, UK

www.inov8social.com or www.innov8socialmedia.com
Stock Exchanges: Frankfurt, ISIN: GB00B7619Q46, Ticker: I8SM, WKN: A1JNWE

Disclaimer
This news release may contain certain forward-looking statements,
expectations, intentions, strategies and beliefs regarding the future. All
statements contained herein are based upon information available to the
management of Innov8 Social Media Plc as of the date hereof, and actual
results may vary based upon future events, both within and without the
control of the management, including risks and uncertainties that could
cause actual results to differ materially.
Management does not take any responsibility to update the contents of this
News Release in case new aspects arise or new conditions change the facts
available.


End of Corporate News

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31.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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154765 31.01.2012


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Datum: 31.01.2012 - 20:05 Uhr
Sprache: Deutsch
News-ID 109611
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