(TheNewswire)
Calgary , Alberta – TheNewswire - February 28,2023 – nDatalyze Corp. (“NDAT” or the “Corporation”) (CSE:NDAT)(OTC:NDATF) today announces that its 3 Phase USentry plan has advanced to Phase 3. Phase 3 will include a reviseduser experience ("UX") and website, as well as a streamlinedadvertising approach designed to minimize user acquisition cost. Allaspects of Phase 3 will be conducted in-house with modificationsexpected to take 2-3 weeks, with initial entry into the US marketexpected to follow shortly thereafter. Phase 3 will be initiallyfunded by current cash resources.
About YMI
YMI uses a holistic, evidence-based, objective datafrom whole life experiences to predict why you are who you are, andapplies this knowledge towards a fuller understanding of how toimprove your mental wellbeing. After registering at ymihealth.ca(https://ymihealth.ca) users are given access to a private, in-depthsurvey that applies artificial intelligence using a person’s geneticexpressions, childhood environment, habits, phobias, lived experiencesand lifestyle. Upon completion of the survey, YMI generates apersonalized graphic report predicting a person’s predisposition forseven mental conditions including anxiety, depression, post-traumaticstress disorder, obsessive compulsive disorder, alcoholism, andpersonality disorders both current and forward in time. Thedownloadable report may be used for reference as the user considerschanges to their lifestyle that may help improve their mentalwellbeing and mental health journey. The service also helps connectusers with therapists who are prepared to help with next steps,providing further clarity and treatment as required.
About nDatalyze Corp.:
nDatalyze Corp. generates technology-based,health-related solutions. It’s machine-learning processed, onlineconsumer mental health application known as “YMI” is based on theCorporation’s proprietary Reference Database consisting of >1200biometric records complete with associated electroencephalogram(“EEG”) data. YMI has only recently begun its initial stagedlaunch and accordingly the Corporation cannot accurately predict if orwhen this application will become a profit generator.
For Further Information, PleaseContact:
nDatalyze Corp.
James Durward, President and CEO
Telephone: (403) 689-3901
Email: jimd@ndatalyze.com
Website: www.ndatalyze.com
Neither the Canadian Securities Exchange nor itsRegulation Services Provider (as that term is defined in the policiesof the Canadian Securities Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release does notconstitute an offer to sell or a solicitation of an offer to sell anyof the securities in the United States. The securities have not beenand will not be registered under the United States Securities Act of1933, as amended (the "U.S. Securities Act") or any statesecurities laws and may not be offered or sold within the UnitedStates or to U.S. Persons unless registered under the U.S. SecuritiesAct and applicable state securities laws or an exemption from suchregistration is available.
The information in this news release includes certaininformation and statements about management's view of future events,expectations, plans and prospects that constitute forward lookingstatements. These statements are based upon assumptions that aresubject to significant risks and uncertainties. Because of these risksand uncertainties and as a result of a variety of factors, the actualresults, expectations, achievements or performance may differmaterially from those anticipated and indicated by these forwardlooking statements. Any number of factors could cause actual resultsto differ materially from these forward-looking statements as well asfuture results. Although the Corporation believes that theexpectations reflected in forward looking statements are reasonable,it can give no assurances that the expectations of any forward-lookingstatements will prove to be correct. Except as required by law, theCorporation disclaims any intention and assumes no obligation toupdate or revise any forward looking statements to reflect actualresults, whether as a result of new information, future events,changes in assumptions, changes in factors affecting such forwardlooking statements or otherwise.
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