Infinite Software Corporation (OTC:PINK IFSC) has announced today that it has acquired Intellectual Property (IP) in a related transaction. The software assets that Infinite Software Corporation (Infinite) has acquired will enable the company to see immediate revenue and create a foundation for the company to continue its move to data science technology.
Data science and analytics represent a signifcant growth market. IDC has estimated that the market place in 2016 was $130 Billion. They further estimate that the marketplace will expand to $ 230 Billion by 2020. Infinite believes it is in a position to capitalize on this expanding market.
##
This document may contain forward-looking statements. These statements refer to future events or Infinite's future finanical performance. Any statements that are not statements of historical fact (including without limitation statements) to the effect that the company or its management "believes", "expects", "anticipates, "plans" ( and similar expressions) should be considered forward-looking statements. There are a number of important factors that could cause Infinite's actual results to differ materially from those indicated by the forward looking statements. Infinite disclaims any obligation to update any forward-looking statement.
