EDAQS acquires next generation data science company NEXTdata and its associated technology.

Hamburg, Germany -- (SBWIRE) -- 06/24/2016 -- EDAQS announced today that it has strategically acquired NEXTdata, a next generation AI enterprise data processing startup, based in Duesseldorf, Germany. The addition of NEXTdata continues a series of strategic investments that solidifies EDAQS's position in the market. Terms of the deal were not disclosed.

The acquisition follows the 2015 strategic partnership agreement between EDAQS and NEXTdata under which NEXTdata has powered the technology platforms for EDAQS. The addition of NEXTdata and its technology NEXTApp will now make it possible for EDAQS to use advanced machine learning and data science at scale to analyze billions of signals that map to its analytics tools. It will further allow for the creation and execution of more strategically-driven engagement that industry executives have been asking for, and enable delivery of comprehensive end-to-end offerings that are designed to help customers reimagine the business and experience.

"The strategic partnership agreement we've had in place has been a marriage of NEXTdata's strong vision with our best-in-class automated computational systems," said Daryl DeJori, EDAQS Founder and Chief Executive Officer. "Evolving this relationship is a logical next step that strengthens the EDAQS family's ability to continue to innovate and deliver the very best in Artificial Intelligence to the widest set of industries, all over the world."

The company's Head of Science and renowned Data Scientist, Reimund Homann, added:"Most of our scientific Big Data systems that process billions of data sets daily, such as those for the sports and fashion industry, will benefit from the modern and unprecedented data processing that NEXTdata brings to our unique AI quantification systems."

The deal comes at a stage where EDAQS has formed an alliance with its long-term development partner Fashion One Group., who has taken over leadership within the big data business in fashion and who participated in the strategic acquisition.

EDAQS and the Fashion One Group are jointly running the Alpha Fashion One laboratories, which is specialized in big data refinement and AI-supported quantification systems, including the IFDAQ and the Credit Rating and Reputation System MARS.

"We have watched NEXTdata create and grow within the Big Data market. They are clearly the dominant force within unstructured data processing and artificial intelligence," said Iva Mirbach, CEO of Fashion One Group. "Adding NEXTdata's extraordinary capabilities is the perfect complement to our business, we can now reach more industry professionals and bring more value by having our solutions fully integrated."

About EDAQS
EDAQS is a high tech company that combines the accuracy of automated computational systems with advanced Artificial Intelligence to provide more transparency and the uppermost precise hi-tech systems.

For more information, visit: http://www.edaqs.com/about/ and http://www.edaqs.com/who-we-are/

About NEXTdata
Founded by Oracle mavens and a team of data scientists in 2014, NEXTdatastarted as an academic project in Duesseldorf that specialized in next generation enterprise search to spur the global big data market in order to drive innovation and growth. In early 2015, the company moved into artificial intelligence with a strong backing of outstanding data scientists and investors.

For more information, visit: http://nextdata.xyz

About Fashion One Group
The Fashion One Group Int'l (FOGI) is one of the leading managements of digital fashion brands which enjoys exceptional reputation in developing new fashion platforms and technological innovations. The mission is to represent, promote and manage digital fashion brandsand to control their persistent quality to provide the most accurate professional information and research results for the fashion industry.

For more information, visit http://www.fashiononegroup.com

Media Contact:
EDAQS LTD
Contact Person:Rebecca Mayer
Contact Number: +4915754260321
Address: 157 St John Street, London, EC1V 4PW, UK
Email: press@edaqs.com
Url: http://www.edaqs.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The intelligent security technology for the banknote of the future, has been featured in the most renowned and scientifically recognized publication in the security industry, the Keesing Journal of Documents & Identity.

Hamburg, Germany -- (SBWIRE) -- 04/22/2016 -- The DICE banknote system, a technology that is defining the future of cash and an essential component of global crime prevention, had the privilege to be presented as an innovation in the 49th issue of the Keesing Journal of Documents & Identity (KJD&I).

Covering four pages, the DICE's AI-driven technology is explained in detail and in the style of a defensive publication, along with comments and statements from EDAQS' head of new technologies, Daryl de Jori, as well as from Dr Gunther Schmidt,the former Managing Director of DataTraceID and now Independent Brand Protection Adviser, who envisioned the use of miniature RFID microchip (RFIT) for the DICE banknotes.

Apart from a scientific explanation of the DICE, the article enlarges upon the benefits for the people's quality of life as well as the overall improvement of cash circulation. In a realistic mid-term scenario, EDAQS draws a future that sees digital hybrid banknotes unavoidable and the countless advantages of Artificial Intelligence indispensable.

EDAQS' most prominent AI system obtained a broad media attention and was subject to a major discussion for the future of cash among national banks and governments. Most recently, DICE equipped banknotes have been conversed as an alternative scenario to the abolition of the 500 Euro banknote that is planned by the ECB.

The Keesing Journal issue 49 can be ordered at Keesing's official journal website.

About DICE
DICE (Dynamic Intelligent Currency Encryption) is an exceptional hi-tech achievement, which solves thousands-of-years old problems and guarantees unforgettable banknotes, securities as well as other important documents. In addition to the persistent counterfeiting, which affects virtually every country and currency system, holdups and bank robberies are a present problem that could not be solved until now and needs to be addressed.

The DICE procedure was developed to consequently solve all security-related complications of cash systems today, and to fight global criminality while protecting the citizens. Based on identifiable banknotes, preferably with custom-frequency secure RFID chips or machine readable codes, the DICE integrates reliable and innovative technologies that combine their advantages to incorporate them into an optimized security.

About EDAQS
EDAQS is a high tech company that combines the accuracy of automated computational systems with advanced Artificial Intelligence to provide more transparency and the uppermost precise hi-tech systems.

For more information, visit http://www.edaqs.com/about/ and http://www.edaqs.com/who-we-are/.

About Keesing Journal
The Keesing Journal, which is issued by industry pioneer Keesing Technologies, is a well-known and much respected publication for and by specialists, developers and suppliers in the field of security documents, security printing, banknotes and identity management. As a directive journal for thousands of industry and government professionals, the Keesing Journal provides its readers excellent information on the latest developments and trends in the industry and various areas, including biometrics, e-passports, security printing and banknotes.

Contact Details
EDAQS LTD
Contact Person:Rebecca Mayer
Contact Number: +4915754260321
Address: 157 St John Street, London, EC1V 4PW, UK
Email: press@edaqs.com
Url: http://www.edaqs.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

The global tennis rating system ITAQ will precisely determine the playing skills of a player based on a fully dynamic and multi-layered AI-systemwith integrated anti-corruption analysis.

London, England -- (SBWIRE) -- 02/15/2016 -- In a bid to ensure its product roadmap tracks the market demands of its partners, EDAQS, the high tech company that combines the accuracy of automated computational systems with advanced Artificial Intelligence, confirmed today the official development of the ITAQ project, an innovative and global rating AI-system that includes standalone-ratings for tennis players (from the professional player to the beginner), tournaments, teams, tennis clubs as well as a many other relevant entities within the tennis circuit.

In addition to fully featured analytics that include a range of technical indicators, the AI-driven EDAQS system comes with the very first real-time anti-corruption analysis with direct integrated betting data.

Following two years of analyses and market research EDAQS identified that the product, which was recently introduced to a number of leading national tennis associations and international organizations such as the ITF,has a great potential to fill this current gap of missing accurate benchmarks in the tennis sport and within the industry by large.

The ITAQ (acronym: International Tennis Automated Quotation) was first introduced in March of 2015, the ITAQ-systems started in 2014 as an initiative to improve the International Tennis Federation's global skills benchmark for the tennis players.

The goal of the multi-layered EDAQS is to create a real-time rating series, which includes standalone-ratings for tennis players (from the professional player to the beginner), tournaments, teams as well as a for tennis clubs.Furthermore, the structure of ITAQ foresees the integration of several scientific SDAQs (Secondary EDAQS) as well as a set of highly accurate quantification processes that have been verified and revised by the project's competence team.

To the latter, the EDAQS development team has also appointed the Austrian tennis expert Alexander Zetner, who plays a fundamental role in analyzing the youth circuit as well as evaluating quantitative methodologies.

The benefits of the product are not only a global benchmark for an international skill comparison, but furthermore it allows a very reasonable regulation of the global tennis game in a transparent and scientific way by offering decisive values beyond simply providing rules.

Daryl de Jori, Head of New Technologies of EDAQS,said, 'As always, EDAQS wanted to involve its valued partners in the development of its product roadmap and we went about our research to help define the needs and mode of operation of a futuristic, smart tennis sport. For the most part, respondents thought the product would be very helpful and although some further discussions like 'how deeply the anti-corruption function will be integrated,' will need to take place before the ITAQ is fully developed, we are nevertheless thankful to those that took part as it has provided us with some excellent feedback we can build upon when continuing these conversations.'

About EDAQS
EDAQS is a high tech company that combines the accuracy of automated computational systems with advanced Artificial Intelligence to provide more transparency and the uppermost precise hi-tech systems. For more information, visit: http://www.edaqs.com/about/ and http://www.edaqs.com/who-we-are/.

Media Contact:
EDAQS LTD
Contact Person:Rebecca Mayer
Contact Number: +4915754260321
Address: 157 St John Street, London, EC1V 4PW, UK
Email: press@edaqs.com
Url: http://www.edaqs.com/

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

First External Valuations Of The DICE Venture Has Resulted In A Conclusion Of Value Averaged At $5.6 Billion. EDAQS Restructures Venture To Meet New Policies And Skips Start-Up Strategy For DICE.

London, England -- (SBWIRE) -- 05/14/2015 -- EDAQS, owner and developer of the banknote of the future "DICE", announced today its plans to skip a scheduled seeding process to immediately raise capital in a Series A financing after undisclosed capital investors and EDAQS lobbyists have shown interest to jointly take over the global implementation of the innovative and futuristic banknote system.

The company also announced that its board of directors has approved, in theory, a plan to secede DICE from the EDAQS to form a new company for this procedure. The company will use the Series A funds to deepen its product capabilities and expanding its priority markets. As part of the planned spin-off, the new company will create two strong market leaders with distinct brands, partners, operating characteristics and industry dynamics.

In the last few months EDAQS has been quietly and rapidly working behind the scenes with several developmental and governmental partners on this front. The EDAQS board will further meet to finalize the decision on May 29th, and an announcement may come as soon as June 1st.

"DICE is defining the future of cash and is an essential component of global crime prevention and for the future of cash in general. As a standalone business, the new company will have ready access to capital to invest in both existing and potential new technologies. We are also able to form subsidiaries for each monetary system and to improve our technologies with new development partners." said Daryl de Jori (Head of new Technologies) of EDAQS. " Series A funding allows us to step up our go-to-market efforts, cementing our stature as a leading crime prevention company." added de Jori

In another statement, Reimund Homann (Head of Security and Artificial Intelligence) underlined the intention to further invest in the development of DICE's new code technology as an alternative to RFID-chips. "Over the past months, we had the chance to retrieve opinions and feedbacks from diverse official positions that have motivated us to offer a machine readable code-based solution for the market. A new sophisticated RFID-variant is still the measure of all things and even though the DICE-banknotes are never directly identifying its possessor without the explicit wish of the same, we think that custom 3D- , 2D and 1D-codes are always a great option to use with the DICE security system and to use as a fall back on RFID-notes too." the German scientist concluded.

Following a series of external appraisals of the DICE, the technology that is officially classified as Governmental Reformation Venture, has been estimated at an averaged valuation of $5.6 billion*, covering an Intellectual Property value of $204 million. Relevant analysts see these numbers within a pessimistic scenario and are optimistic about EDAQS's innovative and futuristic banknote system with the planned spin-off and more offerings from official and private parties.

A successful Series-A round is expected to rise the property value to a number that exceeds the current value by a multiple factor.

* The applied valuation methodology is available upon request to financial analysts and advisors at the official press contact.

About DICE
DICE (Dynamic Intelligent Currency Encryption) is an exceptional hi-tech achievement, which solves thousands-of-years old problems and guarantees unforgeable banknotes, securities as well as other important documents. Since time immemorial, cash determines the social and economic life of our society and just as long, humanity suffers under the cash related risks and problems that arise until today and foster the crime.

In addition to the persistent counterfeiting, which affects virtually every country and currency system, holdups and bank robberies are a present problem that could not be solved until now and needs to be addressed.

The DICE procedure was developed to consequently solve all security-related complications of cash systems today, and to fight global criminality while protecting the citizens. Based on identifiable banknotes, preferably with custom-frequency secure RFID chips or machine readable codes like Datamatrix, the DICE integrates reliable and innovative technologies that combine their advantages to incorporate them into an optimized security.

Media Contact :
EDAQS LTD
157 St John Street, London, EC1V 4PW, UK
+4915754260321
http://www.edaqs.com
press@edaqs.com

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm