MarketWall Provides Update on the InvestoPro Samsung Initiative and Feature in Samsung Wallet

Rhea-AI Summary

AnalytixInsight's subsidiary, InvestoPro SIM, has launched the InvestoPro GO app on Google Play and Apple App Store in Italy as part of its partnership with Samsung Electronics. The app is recommended on Samsung mobile devices and banner ads are live on Samsung Wallet. The deployment of the app is expected to generate strong interest from users. InvestoPro SIM plans to expand European distribution to Spain, Germany, France, and the UK. The goal is to position InvestoPro as a leading digital trading platform in Europe.

TORONTO--(BUSINESS WIRE)-- Artificial Intelligence company, AnalytixInsight Inc. (“AnalytixInsight”, or the “Company”) (TSX-V:ALY; OTC:ATIXF), a financial content and enterprise software solutions provider, announces that InvestoPro SIM, the subsidiary of its affiliate MarketWall, has developed and launched the InvestoPro GO app on Google Play and Apple App Store in Italy. This is part of an ongoing partnership with Samsung Electronics.

The InvestoPro GO trading platform launched a new mobile app purposefully designed for Samsung users under the MarketWall definitive agreement with Samsung Electronics Italia, previously announced by the Company in a press release dated November 21, 2022. In addition, Samsung profiles the InvestoPro GO app as a recommended app on Samsung mobile devices, guiding users during their first device power on procedure. App recommendations can be targeted based on age and gender and can easily be downloaded by tapping the download button.

InvestoPro GO app banner ads are also live on Samsung Wallet, Samsung’s mobile payment and digital wallet app, providing users of Samsung Wallet access to download the app.

The Company believes the deployment of the InvestoPro GO app will receive strong interest from users who wish to trade from their mobile devices.

The InvestoPro GO trading platform was launched on November 21, 2022, and is showcased as an exclusive financial service on Samsung Internet Browser. In the browser homepage users can quickly access InvestoPro GO services with a clickable icon which allows users to easily reach partner websites. The InvestoPro app carrying financial news, quotes, and content on global markets is already available on Samsung TVs and several other Samsung consumer products.

InvestoPro SIM plans to expand European distribution to Samsung users in Spain, Germany, France, and the UK. This is part of a major initiative to offer a unique digital stock trading platform that combines attributes of AI and machine learning and provides comprehensive coverage of financial instruments traded globally on multiple exchanges including stocks, bonds, commodities, and ETFs.

Prakash Hariharan, Chairman and CEO of AnalytixInsight and board member of MarketWall and InvestoPro SIM, commented: “We continue to develop bespoke InvestoPro applications under our Samsung partnership. We have worked extensively with Samsung on the development and integration of InvestoPro and we are working to position InvestoPro as a leading digital trading platform in Europe. Samsung has a substantial market share of mobile users in Europe, and we are proud to partner with them to promote InvestoPro to their sizable customer base.”

Giovanni Locatelli, Platform Innovation Manager at Samsung Electronics Italy, commented: “We continually try to offer our customers the easiest way to find the contents they wish, such as the financial contents provided by InvestoPro.”

Learn more about InvestoPro GO at: go.investopro.com

ABOUT ANALYTIXINSIGHT

AnalytixInsight is a data analytics and enterprise software solutions provider to world-leading institutions across various industries. AnalytixInsight develops and markets cloud-based platforms providing financial content, stock trading, and research solutions for banks, brokers and investors in the financial services industry. AnalytixInsight holds a 49% interest in MarketWall, a developer of fintech solutions for financial institutions. Visit AnalytixInsight.com.

Regulatory Statements

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the Company’s business operations and objectives, particularly respecting its expectations of the deployment of InvestoPro Go in Italy and InvestoPro SIM’s plans to expand distribution elsewhere in Europe, and the Company’s future performance. 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 statements 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, 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; the Company’s ability to successfully integrate new technologies 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.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

View source version on businesswire.com: https://www.businesswire.com/news/home/20230907635448/en/

Prakash Hariharan

Chairman and CEO

(416) 561-9461

AnalytixInsight Inc.

Prakash.Hariharan@AnalytixInsight.com

Source: AnalytixInsight Inc.