Spectral Capital Corporation
Spectral Capital Corporation: Letter to Shareholders
Spectral Capital Corporation / Key word(s): Miscellaneous Spectral Capital Corporation: Letter to Shareholders Update on portfolio companies: Monitr, Noot, Kontexto SEATTLE-(BUSINESS WIRE)-(May 6, 2014) Spectral Capital Corporation, (FCCN.QB) Dear Shareholders, Monitr, our newest acquisition and we believe our most ambitious project yet, is a financial data services company. Currently in the product development stage, Monitr’s technology combines big data, machine learning and predictive analytics. The service will provide finance professionals, developers, researchers and investors with new tools and data to improve their understanding of past, current and possible future market conditions and behaviors. More information will be communicated later in the second quarter and beta launch is expected in late third quarter. Noot is a mobile search company that went from concept to market in less than one year. The team successfully launched apps for Apple iOS and Android devices, including tablets, gaining access to over 90% of mobile users. The Noot app is a fast, easy to use news service that combines search and learning technology to deliver a truly personalized experience. Noot’s search technology is highly differentiated, as it extensively utilizes the mobile device it is installed on and reduces the need for centralized processing and storage – providing enormous economies of scale and minimal capital expense as the user base expands. Kontexto, a data analytics company, turned its first profit in 2013 and expects to increase its revenues over the course of 2014. Their flagship product Publishflow(R) continues to increase its market share and revenue base. Kontexto also delivered custom product and analytic services alongside partners in the global Healthcare and Education marketplaces. We expect that our current and future planned initiatives will increase Spectral’s value and asset base and benefit our shareholders. We are pleased with the developments so far and aim to continue to foster more growth and development over the coming months. We are also reviewing new candidates for future acquisitions and will be announcing any developments should they occur. Warm regards, About Spectral: PRESS RELEASE FORWARD LOOKING STATEMENT: Contact: End of Corporate News 06.05.2014 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 |
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