Sargas Capital Corporation
Kontexto Makes Major Enhancement to its Online Privacy Service
Sargas Capital Corporation / Key word(s): Miscellaneous Kontexto Makes Major Enhancement to its Online Privacy Service Company enhances its Tagcert(TM) online privacy service to offer instant tracking tag and cookie audits for companies impacted by the EU Cookie Directive. Toronto, Ontario (26 March 2012) – Sargas Capital (2FG:F),– Sargas Capital announces development for portfolio company, Kontexto, a high growth leader in real time data collection and analysis for media organizations. Kontexto has announced that it has made a major enhancement to its Tagcert(TM) online privacy service in order to offer the world's first instant tracking tag and cookie auditing service delivered as a web service and paid for online. Sargas Capital, a growth equity investor, has an agreement in place to purchase majority control of Kontexto. Tagcert(TM) was launched in September 2011 as an online privacy solution to help businesses accelerate their readiness to comply with the 'EU Cookie Directive.' The directive requires any website in the European Union to obtain prior informed consent before they can store or access information on a consumer's computer via technologies such as browser cookies. The United Kingdom has declared May 25, 2012 as the deadline for companies to begin complying with the law, and the rest of the European Union is expected to follow suit thereafter. The necessary first step towards compliance for businesses operating in the EU is to perform a tracking tag and cookie audit on their websites. Tagcert(TM) makes this process instant, reliable and easy for businesses of all sizes. Sargas management expects the current growth for Tagcert(TM) to continue accelerating as more and more companies adopt the Tagcert(TM) solution as part of their ongoing regulatory compliance initiatives. About Sargas Capital: Sargas Capital specializes in the acquisition, development and commercialization of technologies that have the potential to secure dominant market position in high growth industries. We look for technologies that are innovative, original, proprietary, scalable and that have a potential enterprise value, when commercialized, of EUR100 million or more. Sargas acquires early stage technologies and invests in their development and commercialization. We also enter into strategic partnerships to co-develop and finance game changing technologies. For more information, visit Sargas at: http://www.sargascapital.com/ About Kontexto: Kontexto provides enterprise class software and services to digital media publishers and advertisers around the world. Using a proprietary cloud based platform, Kontexto clients are able to collect, analyze and visualize large amounts of audience, competitor and social media data in real time. Kontexto was founded in 2009 in Canada by a veteran team of Internet, search and analytics experts with two prior successful venture exits in the media space. Having spent the past two years optimizing and perfecting the Kontexto platform for the coming online data boom, Kontexto has recently turned its attention to launching two new branded web services for digital media publishers and advertisers called publishflow(TM) and tagcert(TM) respectively. For more information, visit Kontexto at: http://www.kontexto.com/
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Contact: Jonathan Dariyanani (416) 572 – 7676 End of Corporate News 26.03.2012 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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