TORONTO, October 10, 2024--(BUSINESS WIRE)--AnalytixInsight Inc. ("AnalytixInsight", or the "Company") (TSX-V: ALY) a data analytics and enterprise software solutions company, is pleased to announce the appointment of a new member to the board of directors.
"As mentioned in our most recent Corporate Update from October 7th, we are undertaking a series of actions to better position the company for future growth and success", said Natalie Hirsch, Interim President & CEO. "In line with this mission, we are happy to announce that Matthew Bosrock has been appointed as a director of the Company, effective immediately."
Matthew currently serves as the co-founder and Executive Chair of Cloudvisor Wealth, a North America focused wealthtech company targeting the asset and wealth management sectors. For the past six years he has also served as an investor, advisor and operating leader in numerous other fintech firms in NA and Europe. Matthew has a long track record of building and stewarding companies in the financial services and technology space with previous senior roles as Executive Managing Director, S&P Global where he ran APAC and all growth markets and as Deputy CEO and COO of HSBC Bank Canada.
Matthew’s fintech focus the past dozen years has been on delivering next generation, digital solutions to clients in the financial and capital markets sectors with a core thesis of providing greater access and transparency to more participants delivering better outcomes.
"I am pleased to welcome Matthew Bosrock to AnalytixInsight’s board of directors," said Vincent Kadar, Board Chairman of AnalytixInsight. "He brings proven financial markets and technological expertise having managed both in global multinationals and several earlier-stage, innovative software companies, and has a strong network of global relationships in the fintech sector which will bring measurable benefits to our clients and shareholders. Through Matthew, we hope to collaborate with fintech companies on a variety of initiatives that we anticipate will result in increased shareholder value."
The issuance of this news release has been approved by the existing Board, and more specifically Messrs. Kadar (independent), and Gardner (independent).
About AnalytixInsight Inc.
AnalytixInsight is a data analytics and enterprise software solutions provider. AnalytixInsight develops and markets cloud-based platforms providing financial content, company analysis and stock research solutions to the financial services industry. AnalytixInsight holds a 49% interest in MarketWall S.R.L., a developer of fintech solutions for financial institutions in Italy.
Certain statements contained in this news release constitute "forward-looking information" within the meaning of applicable securities laws and the respective policies, regulations and rules under such laws ("forward-looking statements"). These forward-looking statements generally are identified by words such as "anticipate", "expect", "intend", "will" and similar expressions, although not all forward-looking statements contain these identifying words. Specific forward-looking statements in this news release include, but are not limited to, statements regarding the Company’s ability to continue and rebuild, develop a go-forward strategy, raise capital, and extract value from MarketWall. Although the Company believes that the expectations and assumptions on which such forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this news release including, without limitation, 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 develop a go-forward strategy, raise capital, and extract value from MarketWall; foreign operations risks; the risk that funding options are not available to the Company, on reasonable terms or at all, to address its funding needs; the receipt of necessary regulatory, court, and corporate approvals to pursue funding options; the risk that the previously disclosed court-ordered inspector may uncover unexpected issues and/or the investigation may not be completed in a timely manner or at all, the risk that the issues to be addressed by the previously disclosed interim orders and the court-ordered inspector are not resolved in a timely manner or at all, and other risks inherent in the technology industry. Additionally, there are uncertainties inherent in forward-looking information, including factors beyond the Company’s control. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward-looking statements included in this news release are expressly qualified by this cautionary note. The forward-looking statements contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless so required by applicable laws.
Regulatory Statements
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