Trendit Limited Result of EGM (3300A)
06 June 2016 - 11:04PM
UK Regulatory
TIDMTRIT
RNS Number : 3300A
Trendit Limited
06 June 2016
6 June 2016
Trendit Limited
("Trendit" or "the Company")
Result of EGM
Trendit Ltd (TRIT), the provider of cutting-edge technology for
real-time monitoring of population movement, trend analytics, and
crowd behaviour, announces that at the Extraordinary General
Meeting of the Company held today, the Ordinary Resolutions set out
in the EGM Notice sent to shareholders dated 3 May 2016 were duly
passed.
-Ends-
For more information:
Yellow Jersey (Financial
PR)
Charles Goodwin +44 7747 788 221
Alistair Kare-Silver +44 7825 916 715
About Trendit:
Trendit provides cutting-edge technology for real-time
monitoring of population movement, trend analytics, and crowd
behaviour. Trendit's technology has the ability to analyse data
collected from as little as a single data source, and merge
individual network events together with geographical information
that create "population clouds," which analyse and predict
trends.
The Company is seeking to become a global player within the Big
Data Analytics space and believes it is well placed to capture
significant market share in what is a multi-billion dollar
industry.
The Company's Technology:
Trendit's technology has the ability to analyse data collected
from as little as a single data source, and merge individual
network events together with geographical information that create
"population clouds," which analyse and predict trends.
The single data source, able to sample as little as only 15% of
the population (e.g. cellular operator with only 15% market share)
in a specific geographic area, can provide sufficient information
for representing crowd behaviour of an entire population with about
85% accuracy, calculating how many people are located in a given
area and groups people by various segments (social economic, place
of origin, etc.).
The heart of the Trendit technology is the "Trend Engine."
Divided into several modules it is responsible for processing the
incoming data streams, calculating the incoming data, providing a
depiction of the data in real-world terms and providing an
estimation of the population based on the analysis.
Further information on the Group is available at:
http://www.trendit.net/#/home/home
This information is provided by RNS
The company news service from the London Stock Exchange
END
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