Smart 1 Systems' New AI Offer Strong in Spite of Looming Sequestration
(firmenpresse) - AUSTIN, TX -- (Marketwire) -- 03/01/13 -- (PINKSHEETS: EDWY) announced today that its subsidiary is poised for exceptional growth in the artificial intelligence (AI) market. Unlike many industries and sectors that are affected by the sequestration, the AI market seems largely untouched.
"We're fortunate to be entering an industry that's not tied to congressional politics," stated Gary Kimmons, CEO of Smart 1 Systems. "We're formalizing agreements with some of the largest entities and individuals in the country, poised for significant growth in the future." The Company anticipates announcing the particulars and arrangements within the coming weeks, as relationships continue to formalize.
While it's hard to put a dollar figure on the AI industry, experts suggest it's a multi-billion dollar industry and growing daily. "We believe we're entering this market at the perfect time," continued Kimmons. "10 years ago, the world wasn't ready for interactive avatars and holographic personalities; now people are demanding it."
"Sequestration is a symptom of a larger malady -- we are faced with the prospect of accomplishing our goals with diminishing resources. Whether it is educating our kids or protecting our country, AI is going to play a key part in any solution. AI will bring intelligent solutions and help bridge the gap. We urge our enthusiasts to continue following our work as we continue to grow in the AI industry," concluded Kimmons.
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Safe Harbor for Forward-Looking Statements:
Except for historical information contained herein, the statements in this press release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the company's actual results in future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings.
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Datum: 01.03.2013 - 19:29 Uhr
Sprache: Deutsch
News-ID 235087
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