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OBJE Explores Development of Market Trend Prediction Software

November 30, 2011 6:00 AM EST
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SARASOTA, Fla.--(BUSINESS WIRE)-- As popular social media platforms such as Twitter, LinkedIn, Facebook and the like become crowded with day traders, retail investors and market analysts, Obscene Interactive LLC, a wholly owned subsidiary of Obscene Jeans Corp. (OTCBB: OBJE), is exploring the possibility of developing sophisticated analytics software potentially capable of anticipating market swings before they happen.

Social media channels are increasingly being relied upon by investors and analysts to keep track of the markets,” said OBJE CEO Paul Watson. “What these people say and do online is not insignificant in an era when comments, opinions and media campaigns are being closely monitored and scrutinized. New software platforms are cropping up to predict stock fluctuations and consumer trends based on Twitter posts, blogs and other electronically stored information. Programs capable of leveraging mass sentiment and group psychology online to successfully track and predict market trends could prove to be incredibly lucrative in the near future.”

Developers including Bluefin Labs, Radian6, Sysomos and others are beginning work on analytics programs that use algorithms similar to those used in Sentiment Analysis to examine a Web’s worth of tweets and online comments that could potentially predict whether a given stock price will go up or down. These developers could well become hot commodities as investors begin to rely on the wisdom of crowds and utilize social media analytics tools such as those created by A-Plus Technologies.

“Everyone is constantly looking for an edge in the markets, and that’s why we’ll continue to look for emerging technology platforms that go far beyond traditional data mining,” Watson said. “The goal is to map the influencers in the world of blogs, social networks and other virtual communities in order to deliver targeted analytics that use trends to predict likely outcomes.”

Currently, Obscene Interactive is negotiating final terms to close of its acquisition of A-Plus Technologies, which utilizes proprietary algorithms to collect valuable consumer trending data from global social media platforms in real time. This data allows clients to better market their products to their customers and enables the businesses to manage their brand in ways never before possible.

Obscene Interactive is a wholly owned subsidiary of Obscene Jeans Corp. that develops innovative technology tools to service the fast-growing social media sector alongside companies such as Linkedin Corp. (NYSE: LNKD), Pandora Media Inc. (NYSE: P), Monster Worldwide, Inc. (NYSE: MWW) and Move Inc. (NASDAQ: MOVE).

Follow OBJE on Twitter at http://www.twitter.com/ObsceneJeans.

About Obscene Jeans Corp.

Obscene Jeans Corp., through its wholly owned subsidiary, Obscene Interactive (OTCBB: OBJE), is an emerging global developer of social media tools and applications whose cutting-edge technology platform enables its titles to be accessible to a broad audience of consumers all over the world, supporting multiple platforms for universal appeal. Obscene Jeans Corp. is focused on delivering the best in social media solutions to the mass market. For investment information and performance data, please visit www.ObsceneJeans.com/Investors.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Obscene InteractivePaul Watson, 941-952-5825President and CEO[email protected]

Source: Obscene Jeans Corp.



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