DGAP-News: Spectral Acquires Control of Monitr
(firmenpresse) - DGAP-News: Spectral Capital Corporation / Key word(s): Miscellaneous
Spectral Acquires Control of Monitr
02.12.2013 / 20:00
---------------------------------------------------------------------
Spectral Acquires Control of Monitr
Initial product under development for planned 2014 release
SEATTLE-(BUSINESS WIRE)-(December 2, 2013) Spectral Capital Corporation,
(FCCN.QB) announced today it has completed the transaction to acquire
majority control of Monitr, which includes all intellectual property and
assets that the company has and will develop. Monitr is Spectral's third
acquisition in nine months.
Monitr has been developing its technology for a number of years that
integrates semantic processing, data analytics, real time search and
machine learning into one platform. The platform will also have a social
media component. Through the complex network of algorithms and coding,
Monitr's technology will seamlessly combine these very specialized systems
to create an experience superior to current products on the market. The
initial product will be marketed to the financial industry and is expected
to launch in 2014.
The premise of Monitr's product development is not to change people's
behavior in how they gather their financial information and knowledge, but
to enhance and add value to the information they are viewing. As people use
Monitr, they will be given added layers of knowledge and insight through
its use of semantics, data analysis, real time data delivery and
personalized learning technology. Additionally, users will be able to share
information with other Monitr users.
Monitr will become an essential tool for those who have personal or
professional interests in stock portfolio analysis, who want to research
possible investment opportunities, to learn in depth competitive analysis
and trends, and see breaking stories as they are emerging in real time.
Additionally, with its social component, Monitr users will be able to share
information with other people who have the same interests.
'We are very pleased to have Monitr as a part of the growing list of
specialized technology companies under the Spectral flag. The idea behind
this technology is incredibly complex; however, we are very confident in
the ability of the team to deliver. The diversity of knowledge and
successful track record of the development team will bring this creative
endeavor to life. We are looking forward to a long and successful
relationship with Monitr', said Jenifer Osterwalder, Spectral CEO.
ABOUT SPECTRAL:
Spectral teams with visionary early stage technology companies that have an
idea that can shake up a market by exploiting existing weaknesses or by
creating something entirely new; and where team members have the synergy
and ability to accomplish this task.
PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended) concerning future events
and the Company's growth and business strategy. Words such as 'expects,'
'will,' 'intends,' 'plans,' 'believes,' 'anticipates,' 'hopes,'
'estimates,' and variations on such words and similar expressions are
intended to identify forward-looking statements. Although the Company
believes that the expectations reflected in such forward-looking statements
are reasonable, no assurance can be given that such expectations will prove
to have been correct. These statements involve known and unknown risks and
are based upon a number of assumptions and estimates that are inherently
subject to significant uncertainties and contingencies, many of which are
beyond the control of the Company. Actual results may differ materially
from those expressed or implied by such forward-looking statements. Factors
that could cause actual results to differ materially include, but are not
limited to, changes in the Company's business; competitive factors in the
market(s) in which the Company operates; risks associated with operations
outside the United States; and other factors listed from time to time in
the Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or circumstances on
which any statement is based.
Contact:
Jenifer Osterwalder
contact(at)spectralcapital.com
206-262-7820
End of Corporate News
---------------------------------------------------------------------
02.12.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group 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
---------------------------------------------------------------------
242387 02.12.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.12.2013 - 20:00 Uhr
Sprache: Deutsch
News-ID 321848
Anzahl Zeichen: 6265
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 296 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"DGAP-News: Spectral Acquires Control of Monitr"
steht unter der journalistisch-redaktionellen Verantwortung von
Spectral Capital Corporation (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
