Posted by AGORACOM-JC
at 7:00 PM on Sunday, December 8th, 2019
Until now, investor participation in Artificial Intelligence has been the domain of mega companies and those funded by Silicon Valley. Small cap investors can finally consider participating in the great future of A.I. through Datametrex AI (DM: TSXV) (Soon To Be Nexaology) who just reported the following:
Q3 Revenues Of $1.6 million, an increase of 186%
9 Mont Revenues Of $2.56M an increase of 37%
A Repeat $1M Contract With A Division Of Korean Giant LOTTE Group Â
$954,000 Contract With Canadian Department of Defence To Fight Social Media Election Meddling
Participation In NATO Research Task Group On Social Media Threat DetectionÂ
When a small cap A.I. company is successfully deploying at the highest levels of global commerce and military, it is a strong sign of the Company’s capabilities that behooves investors to look deeper.Â
That deep dive can begin with our joint interview of Datametrex CEO, Marshall Gunter and President, Jeff Stevens in which we look not only into the past recent success but also into what the future holds in terms of both growth and competition.
Watch this interview on one of your favourite screens or hit play and listen to the audio as you drive. Â
Posted by AGORACOM-JC
at 7:19 AM on Thursday, November 28th, 2019
Company reported revenues of $1,683,985 compared to $589,648, up by 186%.
For the nine months operations, the Company reported revenues of $2,559,068 compared to $1,872,944, up by 37%.
Company’s cash position improved significantly, $812,853 compared to $66,296 in the previous quarter.
TORONTO, Nov. 28, 2019 — Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM) (FSE: D4G) (OTC: DTMXF) today released its financial results for the third quarter ended September 30, 2019. The Company’s cash position improved significantly, $812,853 compared to $66,296 in the previous quarter. In this quarter, the Company reported revenues of $1,683,985 compared to $589,648, up by 186%. For the nine months operations, the Company reported revenues of $2,559,068 compared to $1,872,944, up by 37%. Operating costs were significantly reduced, $1,034,071 compared to $2,192,822 in the third quarter, down by 53%.
“In Q3 2019, the Company achieved key milestones and made significant
strides in strengthening its AI platform and offering. Increased sales
and significant reduction in operating costs attributed substantial
improvement in the bottom line,†said Marshall Gunter, the Chief
Executive Officer of the Company.
Further commenting on the Q3 2019 results, Jeff Stevens, President of
the Company stated “Datametrex was recently featured on CTV for its
latest findings. The company’s proven technology sees tremendous
opportunity across the North American and Asian markets where it is
gaining wide acclaim. These markets have the potential to drive strong
revenue across a variety of multinationals.â€
“We are pleased with the improvements year over year and remain
committed to increasing sales. Reducing costs and streamlining
operations will position the Company for continued growth. The article published by Nicole Bogart of CTV further validates and substantiates our technology in the cyber security sector,†says Marshall Gunter, CEO of the Company.
Highlights for Q3 2019:
The Company was successful in securing
the second contract of a multi phase R&D program through the
Department of National Defence’s Innovation for Defence Excellence and
Security (IDEaS) program with a value of approximately $945,094.
The Company was successful in software
licencing contract with GreenInsightz Limited for the use of its
proprietary Nexalogy’s Artificial Intelligence software platform for a
value of approximately $1 million in cash and shares.
The Company was successful in securing another contract with a division of Lotte for approximately $1,000,000.
The Company participated in NATO Research Task Group in Paris, France.
Promoted Marshall Gunter to Chief Executive Officer.
Financial Highlights
The following table reconciles income from operations to EBITDA and
Adjusted EBITDA for the three and nine months ended September 30, 2019
and September 30, 2018:
Three months ended Sep. 30,
Nine months ended Sep. 30,
2019
2018
2019
2018
$
$
$
$
Revenue
1,683,985
589,648
2,559,068
1,872,944
Net loss
(695,803
)
(15,236,076
)
(2,612,556
)
(18,165,683
)
EBITDA*
(539,115
)
(14,350,712
)
(2,092,871
)
(15,709,824
)
Adjusted EBITDA*
(539,115
)
(1,422,731
)
(2,092,871
)
(1,565,323
)
EBITDA per share*
(0.002
)
(0.072
)
(0.009
)
(0.079
)
* Note: EBITDA and Adjusted EBITDA are non-GAAP/IFRS figures.
“EBITDA†represents net income plus income tax, finance expense and
depreciation. “Adjusted EBITDA†represents EBITDA plus share-based
compensation and one-time costs. “Adjusted Net Income†represents net
income plus one-time finance expenses.
The Company believes that Adjusted EBITDA is useful additional
information to management, the board and investors as it provides an
indication of the operational results generated by its business
activities prior to taking into consideration how those activities are
financed and taxed and also prior to taking into consideration asset
depreciation and amortization and it excludes items that could affect
the comparability of our operational results and could potentially alter
the trends analysis in business performance. Excluding these items does
not necessarily imply they are non-recurring, infrequent or unusual.
Adjusted EBITDA is also used by some investors and analysts for valuing a
company. Investors are cautioned that Adjusted EBITDA should not be
construed as an alternative to operating earnings or net earnings
determined in accordance with IFRS as an indicator of the Company’s
financial performance or as a measure of the Company’s liquidity and
cash flows. Adjusted EBITDA does not take into account the impact of
working capital changes, capital expenditures, debt principal reductions
and other sources and uses of cash, which are disclosed in the
consolidated statements of cash flows.
Non-GAAP financial measures do not have standardized meaning
prescribed by GAAP and are therefore unlikely to be comparable to
similar measures presented by other companies. Specific items may only
be relevant in certain periods. For reconciliation of non-GAAP financial
measures please refer to the Company’s Management Discussion and
Analysis for the period ended June 30, 2019.
The financial statements, notes to the financial statements and
Management’s Discussion and Analysis for the nine-month period ended
September 30, 2019 are available on SEDAR at www.sedar.com.
About Datametrex AI Limited
Datametrex AI Limited is a technology focused company with exposure
to Artificial Intelligence and Machine Learning through its wholly owned
subsidiary, Nexalogy (www.nexalogy.com).
Additional information on Datametrex is available at: www.datametrex.com
For further information, please contact:
Jeffrey Stevens – President Phone: (647) 777-7974 Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains “forward-looking statements†within
the meaning of the United States Private Securities Litigation Reform
Act of 1995 and applicable Canadian securities legislation. Generally,
these forward-looking statements can be identified by the use of
forward-looking terminology such as “plansâ€, “anticipatedâ€, “expects†or
“does not expectâ€, “is expectedâ€, “budgetâ€, “scheduledâ€, “estimatesâ€,
“forecastsâ€, “intendsâ€, “anticipates†or “does not anticipateâ€, or
“believesâ€, or variations of such words and phrases or state that
certain actions, events or results “mayâ€, “couldâ€, “wouldâ€, “might†or
“will be takenâ€, “occur†or “be achievedâ€. The Company is subject to
significant risks and uncertainties which may cause the actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the forward
looking statements contained in this release. Datametrex cannot assure
investors that actual results will be consistent with these forward
looking statements and Datametrex assumes no obligation to update or
revise the forward looking statements contained in this release to
reflect actual events or new circumstances.
Posted by AGORACOM-JC
at 7:24 AM on Wednesday, November 27th, 2019
Marshall Gunter, CEO and Jeffrey Stevens, President were interviewed by Nicole Bogart of CTV News on the work Nexalogy completed during the Canadian Federal Elections.
“Getting mainstream media attention on the work we are doing is a huge validation and win for the team. We look forward to collaborating with Nicole on future opportunities where our technology can add value to her stories,†says Marshall Gunter, CEO of the Company.
TORONTO, Nov. 27, 2019 — Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G) is proud to share a link to a CTV News article featuring Nexalogy’s work in the Canadian Federal Elections in coordination with our client, Defence Research and Development Canada (DRDC).
Marshall Gunter, CEO and Jeffrey Stevens, President were interviewed
by Nicole Bogart of CTV News on the work Nexalogy completed during the
Canadian Federal Elections. Nicole has extensive experience in covering
issues surrounding cybersecurity, artificial intelligence, and social
media. Please click the link below to read the full article.
“Getting mainstream media attention on the work we are doing is a
huge validation and win for the team. We look forward to collaborating
with Nicole on future opportunities where our technology can add value
to her stories,†says Marshall Gunter, CEO of the Company.
For more information on this project or to learn how Datametrex can
assist your organization in social media discovery, Fake News Filters
and BOT detection please go to:
Datametrex AI Limited is a technology focused company with exposure
to Artificial Intelligence and Machine Learning through its wholly owned
subsidiary, Nexalogy (www.nexalogy.com).
For further information, please contact:
Jeff Stevens – President Phone: (647) 777-7974 Email: [email protected]
Forward-Looking Statements
This news release contains “forward-looking information†within
the meaning of applicable securities laws. All statements contained
herein that are not clearly historical in nature may constitute
forward-looking information. In some cases, forward-looking information
can be identified by words or phrases such as “mayâ€, “willâ€, “expectâ€,
“likelyâ€, “shouldâ€, “wouldâ€, “planâ€, “anticipateâ€, “intendâ€,
“potentialâ€, “proposedâ€, “estimateâ€, “believe†or the negative of these
terms, or other similar words, expressions and grammatical variations
thereof, or statements that certain events or conditions “may†or “willâ€
happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors,
uncertainties and potential events carefully and not to put undue
reliance on forward-looking information. The forward-looking information
contained herein is made as of the date of this press release and is
based on the beliefs, estimates, expectations and opinions of management
on the date such forward-looking information is made. The Company
undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, estimates or
opinions, future events or results or otherwise or to explain any
material difference between subsequent actual events and such
forward-looking information, except as required by applicable law.
Posted by AGORACOM-JC
at 10:58 AM on Tuesday, November 26th, 2019
Prior to the election, Canada’s electronic spy agency issued a stark warning about the potential for foreign cyber interference.
Datametrex (DM:TSXV) believes foreign actors not only attempted to do so — they succeeded.
Using Artificial Intelligence designed to follow and analyze online narratives, Datametrex published a report investigating issues related to the election.
The report, in collaboration with Defence Research and Development Canada, found evidence of Russian bots meddling in Twitter discussions
intention was focused on boosting extreme viewpoints and creating further polarization among groups with similar political views.
The report was presented to NATO in mid-October.
Datametrex has been awarded $40,000 contract for United States Air Force (USAF)
Foreign actors tried to influence Canadian election talk, but did they succeed?
Police have revealed new details of a ‘SIM swapping scam’ that could
have serious implications for victims. (iStock/Bombuscreative)
“It doesn’t seem that there is a political agenda. Whether it’s bots or people, they’re engaging the ‘useful idiots’ who sit around on social media and regurgitate anything that fits their social or political agenda,†Marshall Gunter, CEO of Datametrex, said during a phone interview with CTVNews.ca earlier this month.
TORONTO — Despite concerns of foreign interference and
disinformation, a growing epidemic of toxic political dialogue found in
online echo chambers should have been at the top of Canada’s concerns
going into the federal election, analysts say.
As the dust settles on Parliament Hill, research suggests that
foreign-controlled bot networks tapped into growing partisanship in
Canada’s online conversations, taking advantage of those dead set in
their political beliefs.
“It doesn’t seem that there is a political agenda. Whether it’s bots
or people, they’re engaging the ‘useful idiots’ who sit around on social
media and regurgitate anything that fits their social or political
agenda,†Marshall Gunter, CEO of Datametrex, said during a phone interview with CTVNews.ca earlier this month.
Prior to the election, Canada’s electronic spy agency issued a stark warning about the potential for foreign cyber interference.
The Communications Security Establishment (CSE) said it was “highly
likely†that interference in Canada’s democratic process would be done
using tactics similar to those used against other countries, including
the amplification of polarizing political issues.
Gunter and his team believe foreign actors not only attempted to do so — they succeeded.
“It starts with a wave and turns into a tsunami,†Gunter said,
referencing how foreign bad actors work to disrupt political spheres
online. “That’s their way of interfering.â€
Using machine-learning based technology called Nexalogy,
designed to follow and analyze online narratives, Datametrex recently
published a report investigating issues related to the election.
The report, in collaboration with Defence Research and Development
Canada, found evidence of Russian bots meddling in Twitter discussions
on political wedge issues in Canada, including ethical issues,
pipelines, and climate change.
But that meddling did not seem to fit a political agenda, such as
having a particular candidate elected over another. Instead researchers
say its intention was focused on boosting extreme viewpoints and
creating further polarization among groups with similar political views.
“Within Canada, the focus is more about distracting the population,†reads the report obtained by CTVNews.ca.
“Upsetting well-established democracies by increasing the divisions
between citizens with opposing views is an effective method; while the
people of that country are busy ‘fighting’ each other, Russia is able to
move with greater freedom with less scrutiny.â€
The report was presented to NATO in mid-October.
Although the data analyzed in the report was gathered between June
and August, months before the election was officially called, Datametrex
president Jeff Stevens said that his team has continued to collect and
analyze Twitter conversations related to Canadian politics, including
“Wexit,†flagging similar suspicious activity.
This isn’t the first allegation of foreign actors amplifying Canadian political conversations.
In September, analysis of about 34,000 tweets
from approximately 4,896 accounts by researcher Marc Owen Jones
revealed that 15 per cent of accounts using the hashtag #TrudeauMustGo
were ones that primarily identified with U.S. right-wing politics.
Those accounts also showed evidence of spam or bot-like activity.
Speaking to CTVNews.ca in October, Jones said he continued to see this type of activity on Canadian political hashtags despite Twitter downplaying the concerns, saying its investigations found no “substantial bot activity amplifying the cited hashtag.â€
When asked about both reports, a government spokesperson told
CTVNews.ca by email that the Critical Election Incident Public Protocol
panel — designed to respond to threats to the democratic process — did
not observe any activities that “met the threshold for public
announcement or affected Canada’s ability to have a free and fair
election.â€
Not everyone is buying the idea of foreign entities meddling in our political discourse.
“Partisanship is the real pernicious force here in the Canadian
online discourse,†Taylor Owen, digital media professor, said during an
interview on the Attention Control podcast in October.
“It determines who you follow, it determines the language you use,
the type of policy you support. It dissuades you from being able to be
fact-checked. It really is the variable that causes a lot of the
problems that we’ve flagged.â€
Owen, director of the Digital Democracy project, spent the course of
the election looking at instances of disinformation and interference.
He says his team did not find any evidence of foreign actors driving conversations on Canadian issues.
“One of the things we really saw in our projects is real echo
chambers in online debate where partisans were really just talking to
each other,†Owen said.
“We didn’t see a lot of what we call formal disinformation campaigns, foreign or domestic.â€
Owen suggests that banning foreign ad spending as part of bill C-76
likely decreased the potential for large-scale foreign interference
attempts.
Either way, researchers on both sides agree that Canadians are becoming more divided.
“I don’t think this content affected the vote, what it did is
degraded the public discourse. It entrenched partisanship and further
confirmed their biases,†said Owen.
Posted by AGORACOM-JC
at 12:49 PM on Monday, November 18th, 2019
Senior Management including; Andrew Ryu, Jeffrey Stevens and Steve Kang have voluntarily agreed to reduce their compensation by approximately 40% effective immediately
Additionally, the Company’s 10% rolling stock option plan was re-approved and confirmed
Shareholders passed a special resolution to change the name of the Company from Datametrex AI Limited to Nexalogy AI Limited as well as a share consolidation plan of up to 8 to 1Â
TORONTO, Nov. 18, 2019 – Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G) is pleased to announce that the Senior Management including; Andrew Ryu, Jeffrey Stevens and Steve Kang have voluntarily agreed to reduce their compensation by approximately 40% effective immediately. The Company also completed the integration of back office functions of Nexalogy. As a result, the Company has cut down the number of staff and office space as a part of its cost saving strategy.
“Our goal is to grow the business and share price organically rather
than doing a share consolidation. The entire team is aligned with our
shareholders in getting the Company back on track,†says Marshall
Gunter, CEO of the Company.
The Company is also pleased to announce completion of it’s annual and
special meeting. At the meeting, Andrew Ryu, Charles Schade, Janeen
Stodulski, David Ellison and John McMullen were elected as directors of
the Company and KPMG were appointed as auditors for the Company.
Additionally, the Company’s 10% rolling stock option plan was
re-approved and confirmed and shareholders passed a special resolution
to change the name of the Company from Datametrex AI Limited to Nexalogy
AI Limited as well as a share consolidation plan of up to 8 to 1.
The Company’s name will not be changed until the Company files
articles of amendment and obtains the necessary regulatory approvals.
While the resolution gives discretion to the Company’s board and
management to effect the share consolidation, no decision has been made
by the Company to complete the consolidation or what the consolidation
ratio will be. If and when the Company decides to implement the share
consolidation, a further press release will be disseminated with the
details of the share consolidation.
About Datametrex
Datametrex AI Limited is a technology focused company with exposure
to Artificial Intelligence and Machine Learning through its wholly owned
subsidiary, Nexalogy (www.nexalogy.com).
For further information, please contact:
Jeff Stevens – President Phone: 647-777-7974 Email: [email protected]
Forward-Looking Statements
This news release contains “forward-looking information†within
the meaning of applicable securities laws. All statements contained
herein that are not clearly historical in nature may constitute
forward-looking information. In some cases, forward-looking information
can be identified by words or phrases such as “mayâ€, “willâ€, “expectâ€,
“likelyâ€, “shouldâ€, “wouldâ€, “planâ€, “anticipateâ€, “intendâ€,
“potentialâ€, “proposedâ€, “estimateâ€, “believe†or the negative of these
terms, or other similar words, expressions and grammatical variations
thereof, or statements that certain events or conditions “may†or “willâ€
happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors,
uncertainties and potential events carefully and not to put undue
reliance on forward-looking information. The forward-looking information
contained herein is made as of the date of this press release and is
based on the beliefs, estimates, expectations and opinions of management
on the date such forward-looking information is made. The Company
undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, estimates or
opinions, future events or results or otherwise or to explain any
material difference between subsequent actual events and such
forward-looking information, except as required by applicable law.
Posted by AGORACOM-JC
at 7:17 AM on Thursday, November 14th, 2019
50,000 plus tweets we analyzed in one day, more that 30 accounts were suspicious in nature and using the issue to promote a divisive agenda.
A number of the accounts identified were also active in the #ELXN43 campaign buzz on social media
“This project further demonstrates how important it is to have tools to identify fake news sources so government, corporations and high profile individuals can control the narrative around their issues and brands,†says Marshall Gunter, CEO of the Company.
TORONTO, Nov. 14, 2019 — Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G) yesterday shared the results of its fake news filter on the Canadian Federal Elections ( #ELXN43 ) in coordination with our client, Defence Research and Development Canada (DRDC). Now that the tool has been built and delivered, the Company is now able to further commercialize the solution and offer it to government and enterprise clients alike.Â
Out of interest, we decided to turn the filter on the recent scandal
involving hockey commentator Don Cherry to see if known propaganda
accounts and BOTs were active in the conversations and trying to use it
as a wedge to further divide public opinion in Canada. We were not
surprised to learn that of the 50,000 plus tweets we analyzed in one
day, more that 30 accounts were suspicious in nature and using the issue
to promote a divisive agenda. A number of the accounts identified were
also active in the #ELXN43 campaign buzz on social media.
As with the project we completed for DRDC, we used our NexaNarrative tool,
for narrative tracking, disinformation detection, and publisher
classification. Building on our previous fake news detection work,
NexaNarrative provides narrative identification and growth tracking
software that allows analysts to track the spread of disinformation
online and to engage this disinformation using the BEND doctrine of information warfare currently in use by Canada and most other NATO countries.
“This project further demonstrates how important it is to have tools
to identify fake news sources so government, corporations and high
profile individuals can control the narrative around their issues and
brands,†says Marshall Gunter, CEO of the Company.
For more information on this project or to learn how Datametrex can
assist your organization in social media discovery, Fake News Filters
and BOT detection please go to:
Datametrex AI Limited is a technology focused company with exposure
to Artificial Intelligence and Machine Learning through its wholly owned
subsidiary, Nexalogy (www.nexalogy.com).
For further information, please contact:
Jeff Stevens – President Phone: (416) 482-3282 Email: [email protected]
Forward-Looking Statements
This news release contains “forward-looking information†within
the meaning of applicable securities laws. All statements contained
herein that are not clearly historical in nature may constitute
forward-looking information. In some cases, forward-looking information
can be identified by words or phrases such as “mayâ€, “willâ€, “expectâ€,
“likelyâ€, “shouldâ€, “wouldâ€, “planâ€, “anticipateâ€, “intendâ€,
“potentialâ€, “proposedâ€, “estimateâ€, “believe†or the negative of these
terms, or other similar words, expressions and grammatical variations
thereof, or statements that certain events or conditions “may†or “willâ€
happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors,
uncertainties and potential events carefully and not to put undue
reliance on forward-looking information. The forward-looking information
contained herein is made as of the date of this press release and is
based on the beliefs, estimates, expectations and opinions of management
on the date such forward-looking information is made. The Company
undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, estimates or
opinions, future events or results or otherwise or to explain any
material difference between subsequent actual events and such
forward-looking information, except as required by applicable law.
Posted by AGORACOM-JC
at 7:29 AM on Tuesday, November 12th, 2019
Successfully been awarded the first contract in the USA defence market with Wright State Advanced Research Centre (WSARC) for $40,000 USD
The contract will lead to research that will be done with US Air Force researchers at the Air Force Research Laboratory Airman Systems directorate
TORONTO, Nov. 12, 2019 — Datametrex AI Limited (the “Company†or “Datametrexâ€) (TSXV: DM, FSE: D4G) is pleased to announce that it has successfully been awarded the first contract in the USA defence market with Wright State Advanced Research Centre (WSARC) for $40,000 USD. The contract will lead to research that will be done with US Air Force researchers at the Air Force Research Laboratory Airman Systems directorate.
The Air Force Research Laboratory (AFRL) is a
scientific research organization operated by the United States Air Force
Materiel Command dedicated to leading the discovery, development, and
integration of affordable aerospace warfighting technologies, planning
and executing the Air Force science and technology program, and
providing warfighting capabilities to United States air, space, and
cyberspace forces.
“This is a huge milestone for Datametrex and Nexalogy. We were granted approved vendor status to the US Government
back in January of this year. Since then, our team has been working
diligently with various organizations in the US and we are thrilled to
announce this first contract. Datametrex will continue to establish
itself as a trusted solution provider and look to expand within the US
military departments,†says Marshall Gunter, CEO of the Company.
For more information on this project or to learn how Datametrex can
assist your organization in social media discovery, Fake News Filters
and BOT detection please go to: www.nexalogy.com
About Datametrex
Datametrex AI Limited is a technology focused company with exposure
to Artificial Intelligence and Machine Learning through its wholly owned
subsidiary, Nexalogy (www.nexalogy.com).
For further information, please contact:
Jeff Stevens – President Phone: (416) 482-3282 Email: [email protected]
Forward-Looking Statements
This news release contains “forward-looking information†within
the meaning of applicable securities laws. All statements contained
herein that are not clearly historical in nature may constitute
forward-looking information. In some cases, forward-looking information
can be identified by words or phrases such as “mayâ€, “willâ€, “expectâ€,
“likelyâ€, “shouldâ€, “wouldâ€, “planâ€, “anticipateâ€, “intendâ€,
“potentialâ€, “proposedâ€, “estimateâ€, “believe†or the negative of these
terms, or other similar words, expressions and grammatical variations
thereof, or statements that certain events or conditions “may†or “willâ€
happen, or by discussions of strategy.
Readers are cautioned to consider these and other factors,
uncertainties and potential events carefully and not to put undue
reliance on forward-looking information. The forward-looking information
contained herein is made as of the date of this press release and is
based on the beliefs, estimates, expectations and opinions of management
on the date such forward-looking information is made. The Company
undertakes no obligation to update or revise any forward-looking
information, whether as a result of new information, estimates or
opinions, future events or results or otherwise or to explain any
material difference between subsequent actual events and such
forward-looking information, except as required by applicable law.