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MEDai’s Predictive Technology Hits The Stock Market
Orlando, FL (April 30, 2001) – MEDai’s sister company, Panther Investments
Inc., announced this week that it has entered into a unique licensing
agreement with Sixth Market, an investment advisor headquartered in
Austin, Texas. Under this agreement Sixth Market will utilize the same
analytical engine (MITCH - Multiple Intelligent Computer Heuristics) that
MEDai employs in its High Risk Prediction tool. The success this predictive
technology has brought the medical field will now be applied to successfully
predict stocks for trading in the financial market. In the current Bear market,
the (MITCH - Multiple Intelligent Computer Heuristics) technology has yielded
a projected annualized return of 700%.
Founded in 1999 by Mr. Ken Johnson and Mr. Rick Engle, Sixth Market
started as a vehicle to train persons interested in self-directed trading, in
creating high-profitability trading strategies and developing automated
trading concepts. Prior to starting Sixth Market, Mr. Johnson served as the
President of Cornerstone Securities where he managed 55 self-directed
traders. Mr. Johnson’s experience includes executing over 3.1 million trades,
which involved 2.4 billion shares and produced profits in excess of $174
million. “We are looking forward to our relationship with Panther
Investments. Based on our research of analytical forecasting for the financial
market, we find Panther Investments to be superior and truly representative
of the next generation of analytics,” said Mr. Johnson.
AI Insight Inc., parent company to both MEDai, Inc. and Panther
Investments uses unique artificial intelligence technology to predict results
for multiple industries. Co-founded by Mr. Steve Epstein, AI Insight initially
applied artificial intelligence technology to the healthcare industry through
data cleanup and outcomes profiling tools. The success attained in the
healthcare industry led the company to broaden its focus into other
industries. Through its subsidiary company, Panther Investments, AI Insight
now lends its technology for successfully identifying stocks for trading. “We
have always known that our provisionally patented MITCH (Multiple
Intelligent Computer Heuristics) engine would outperform the analytics of
today. In every face-to-face test, MITCH (Multiple Intelligent Computer
Heuristics) has always produced significantly better results. I believe no
other health care analytical vendor today can say that their predictive
processes are so good that investors are willing to bet their money on it,”
said Mr. Epstein. Under the licensing agreement, Sixth Market will use AI
Insight’s artificial intelligence technology to assist in the prediction of stock
trading for its investment management clients. Through Panther
Investments, Sixth Market will be able to predict the best trades on a daily
basis.
For more information contact:
For More Information Contact:
Steve Epstein, President and Co-founder
MEDai, Inc.
800-446-3324 |