Wednesday, April 4, 2018

Consorteum Holdings, Inc. (CSRH) Subsidiary to Release First Sports-Oriented Global Predictive Analytics Mobile Product

  • Product will be focused on the global sport of cricket, and CSRH anticipates that it will be available in 2Q18 for Android and iOS devices
  • First release with DevLex Ltd. since joint business agreement was signed this year for exclusive distribution between 359 Mobile and DevLex
  • Mobile device combines 359’s Universal Mobile Interface™ with DevLex’s Predictive Analytics Platform
Consorteum Holdings, Inc. (OTC: CSRH), through wholly owned subsidiary 359 Mobile, Inc., has announced plans to release its first sports-oriented global predictive analytics mobile product for all Android and iOS devices (http://nnw.fm/4XfG3). Focused on the sport of cricket, the app is being developed with DevLex Ltd., making it the first product to be released since the joint business agreement between the two firms was signed earlier this year. The company anticipates availability of the Cricket DV-PA (DevLex Predictive Analytics Platform) in the second quarter of 2018.
The product will combine the technologies of the two companies, incorporating both 359’s Universal Mobile Interface™ (UMI) and advanced analytics, as well as DevLex’s Predictive Analysis Platform (DV-PA), which uses proprietary algorithms in real time. It will offer massive historical data, as well as continuous updates on cricket teams and players. Cricket has some 2.5 billion fans worldwide, making it the second most popular sport behind soccer. Cricket is often associated with the UK, but it is also very popular in Asia, Australia and various other countries, according to Topend Sports (http://nnw.fm/4NAxk).
Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant complex mobile-based transactions through a mix of partnerships, license agreements and joint venture revenue share arrangements. The company is focused on fintech, otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise in direct and vertical-based solutions. A primary target of its UMI platform is the mobile gaming sector.
In a news release, Craig Fielding, CEO of CSRH, said, “Our ability to launch this first mobile predictive analytics offering for Cricket fans globally is an important milestone for the company. An extraordinary amount of work by a dedicated team has gone into not only the technological building of the DV-PA, but also into the creation and continual update of the massive statistical database required to support this innovative tool.”
Ian Copeman, founder of DevLex, added, “The DevLex team is thrilled to announce the joint release of our first DV-PA for the sport of Cricket in conjunction with the 359 Mobile team. Our collaboration to bring this first product to market has gone extremely well and we are looking forward to completion and distribution of other sports related DV-PA offerings in the very near future.”
For more information, visit the company’s website at www.Consorteum.com
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