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ARTEC TECHNOLOGIES AG

(A6T)
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artec technologies AG: Leading European Media Group Opts for the XENTAURIX Cloud

12/13/2017 | 08:41am EDT

+ Open cloud platform with cognitive engines for audio-visual data analysis

+ Customers benefit from in-depth analysis of their data and low costs

+ Artificial intelligence increasingly in demand in the media world

artec technologies AG (ISIN DE0005209589), specialist for intelligent and user-defined applications in real-time audio-visual data processing and analysis, has gained another reference customer for its XENTAURIX cloud. With a multi-year framework agreement, the media group will use extensive applications from January onwards.

As a software-as-a-service (SaaS), the customer is provided with powerful computer programs to search, analyze, process and produce new audio-visual content. The infrastructure set up especially for the Group meets the high security requirements in a cloud operation and ensures compliance with national data protection guidelines.

“We are very pleased that we were able to win over another leading European media group for our XENTAURIX cloud services in the current year. Our patented technology makes it easier for our customers to make their daily editorial work more efficient and cost-effective, and to better analyze and monetise their data – the oil of the future", says artec CEO Thomas Hoffmann.

Customers use the XENTAURIX cloud platform to systematically evaluate their audiovisual information material from a wide variety of sources, including TV, radio, streaming services and social media. For this purpose, various cognitive analysis tools – so-called engines – are available to users, which will be expanded in the future by the use of deep learning and artificial intelligence programmes. These cognitive engines accelerate meaningful data collection that enables industry experts to stay competitive with real-time intelligence and powerful applications, both now and in the future.

In addition to its own artec engines, the platform is also open to third parties in order to offer customers maximum added value and the greatest possible flexibility from a data analysis. The XENTAURIX Cloud's current and future applications include: audience ratings and sentiment, audio and video fingerprinting analysis, face and object recognition, translation of a wide range of languages, and fake news recognition.

About artec technologies AG
The listed company artec technologies AG from Diepholz (Germany) develops and produces innovative software and system solutions for the transmission, recording and evaluation of video, audio and metadata in networks and the Internet. www.artec.de


ę Business Wire 2017
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Financials
Sales 2021 3,70 M 4,48 M 4,48 M
Net income 2021 -0,05 M -0,06 M -0,06 M
Net Debt 2021 - - -
P/E ratio 2021 -204x
Yield 2021 -
Capitalization 11,6 M 14,1 M 14,1 M
Capi. / Sales 2021 3,14x
Capi. / Sales 2022 2,25x
Nbr of Employees 25
Free-Float 81,3%
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 5,60 €
Last Close Price 4,08 €
Spread / Highest target 37,3%
Spread / Average Target 37,3%
Spread / Lowest Target 37,3%
EPS Revisions
Managers and Directors
NameTitle
Thomas Hoffmann Chairman-Supervisory Board & CEO
Ingo Hoffmann Chief Technology Officer
Stefan SchŘtze Member-Supervisory Board
Tino Menge Member-Supervisory Board
Marco MŘller Manager-Product Sales
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