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Spectral Capital Corporation: Kontexto Inc. Announces Launch of Metafull, a New Link and Data Analysis API service
|By Business Wire
|June 9, 2014 05:04 PM EDT
Spectral Capital Corporation, (FCCN.QB) announced today that its
portfolio company, Kontexto, has launched Metafull, a new cloud based
API service that allows software developers to convert any web link into
API's -- Application Programming Interface -- at their most basic level,
allow networked products and services to talk to each other. It has
increasingly been the way in which companies, applications and mobile
devices exchange data, gather information and access resources. This
shift in how businesses work and how applications are both built and
deployed is often referred to as the new API economy and it is being
driven by disruptive changes brought on by advances in social media,
networking, mobile and cloud computing.
The API economy is just getting started, but already more than 75% of
Fortune 500 companies are expected to offer or consume API's within the
next year. Additionally, more than 70% of the top 50 mobile applications
rely upon API's to operate. The Metafull API provides developers with a
scalable and efficient way to acquire meaningful metadata on any link in
typically less than 250ms. At the moment the industry average response
time for link analysis is often greater than 2 seconds.
These low latency response rates make Metafull an ideal choice for any
application that requires near instantaneous response times in order to
improve decisioning and algorithmic performance. High frequency traders,
programmatic advertisers and online publishers are leveraging real time
metadata to drive profits up.
Metafull takes any link as an input, analyzes the link in under 250
milliseconds and creates a developer friendly metadata feed. Some of the
metadata captured for any given link includes titles, a human readable
text summary, author names, published date, videos, images, Facebook
activity, Twitter activity and Linkedin activity.
For advanced applications, the Metafull API also includes tools to
extract tags and topics, categorize entities and determine the sentiment
of text or web links. Metafull offers a generously sized free tier for
developers to try, test and develop applications. There are larger paid
and custom pricing tiers for those organizations and developers that are
ready to go or already in the market.
"Metafull has been powering most of our custom big data solutions for
the past few years. It is completely battle tested and it is the perfect
time for us to commercialize the technology and make the API available
to other software developers", said Jamie Thompson, Vice President of
Sales at Kontexto.
Spectral is a startup accelerator that acquires visionary early-stage
tech companies led by founders passionate about driving breakthrough
results and who embrace the entrepreneurial spirit. We bring value to
game-changing ideas by structuring the launch process and subsequent
analysis and learning of early customer usage to maximize results and
minimize time spent on extraneous events. The end product is ultimately
validated and aligned properly with targeted markets. These efforts,
combined with creativity and passion to make a difference, provide for
rapid and effective development aimed toward ultimate company
independence by way of profitability, IPO, or acquisition. Spectral
trading symbol: FCCN
About Kontexto Inc.:
Kontexto is a technology company that provides software and services
that acquire, analyze and visualize streaming data in real time.
Kontexto delivers these services as either a final SAAS solution or
embedded in third party applications. Kontexto has provided services to
some of the world's largest digital brands including Guardian Media
Group, The Daily Mail, Getty Images, Abu Dhabi Media Group, Bell Media
For more information about Kontexto or the Metafull API, visit http://kontexto.com
PRESS RELEASE FORWARD LOOKING STATEMENT:
This press release contains forward-looking statements (as defined in
Section 27A of the Securities Act of 1933, as amended, and Section 21E
of the Securities Exchange Act of 1934, as amended) concerning future
events and the Company's growth and business strategy. Words such as
"expects," "will," "intends," "plans," "believes," "anticipates,"
"hopes," "estimates," and variations on such words and similar
expressions are intended to identify forward-looking statements.
Although the Company believes that the expectations reflected in such
forward-looking statements are reasonable, no assurance can be given
that such expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of
assumptions and estimates that are inherently subject to significant
uncertainties and contingencies, many of which are beyond the control of
the Company. Actual results may differ materially from those expressed
or implied by such forward-looking statements. Factors that could cause
actual results to differ materially include, but are not limited to,
changes in the Company's business; competitive factors in the market(s)
in which the Company operates; risks associated with operations outside
the United States; and other factors listed from time to time in the
Company's filings with the Securities and Exchange Commission. The
Company expressly disclaims any obligations or undertaking to release
publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations
with respect thereto or any change in events, conditions or
circumstances on which any statement is based.
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