Archive

RIWI Signs Initial Contract with a Top International Bank Under their Three-Year Agreement



RIWI Corp.

Toronto, ON / TheNewswire / September 11, 2017 – RIWI Corp. (CSE: RIW) (the “Company” or “RIWI”) is pleased to announce that the Company has signed its initial contract for more than $380,000 (US $315,000) under a long-term agreement (“LTA”) previously signed in the Summer of 2017 with one of the top-20 biggest banks in the world (the “Client”) as measured by total assets.  The work on this initial contract is planned to begin this month.  RIWI expects to sign several additional contracts with this Client over the duration of this three-year LTA that may be extended for 12 months at the discretion of the Client.

 

“The finance community is increasingly discovering novel applications of RIWI’s patented global data collection tools and automated dashboards for real-time insights about what the world really thinks,” said Mr. Neil Seeman, Chief Executive Officer of RIWI.  In its Global Finance business line, RIWI works with heads of research and asset managers to deliver continuous, changing population sentiment data in order to predict consumer preferences, true economic indicators, geopolitical risk, and volatile demand for diverse products and currencies in all countries and regions of the world.

 

RIWI operates four expanding business lines: Global Security, Global Citizen Engagement, Global Consumer, and Global Finance.  RIWI earns revenues in all its business lines increasingly through long-term agreements.

 

About RIWI

 

RIWI is a global survey technology, global messaging and global predictive analytics company using its proprietary, patented methods to capture a continuous stream of privacy-compliant opinion data in any region of the world.  RIWI product offerings include Information-as-a-Service (IaaS) and custom data solutions.  RIWI’s interactive dashboards and RIWI’s scientifically validated opinion data, otherwise unavailable in the global data marketplace, help global corporations, multilateral organizations, and government agencies predict, monitor and adapt to changing citizen needs and behavior patterns, and help clients adjust to new risks and sentiment shifts occurring in all countries. For more information, please visit: https://riwi.com/.

 

  RIWI CORP.

 

Signed: “Neil Seeman”

 

Neil Seeman, Chief Executive Officer

   

For more information, please contact:

 

Neil Seeman, Chief Executive Officer:      

1 416 205 9984 Ext. 235  | neil@riwi.com

 

Daniel Im, Chief Financial Officer:  

1 416 205 9984 Ext. 726  | danielim@riwi.com

 
   

CAUTION REGARDING FORWARD-LOOKING INFORMATION:

 

Information and statements contained in this news release that are not historical facts are “forward-looking information” within the meaning of Canadian securities legislation that involves risks and uncertainties.  Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws.  Forward-looking information relates to future events or future performance and reflects management of the Company’s expectations or beliefs regarding future events.  In certain cases, forward-looking information can be identified by the use of words such as “expects”, “is planned", “increasingly,” “expanding,” or variations of those words.  This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.

 

By its very nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by forward-looking information.  Such factors include, but are not limited to, general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry.  Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended.  There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated by such forward-looking information.  Accordingly, readers should not place undue reliance on forward-looking information.