| Artificial Life, Inc. (OTCBB:ALIF), a leading provider | | | | level of intelligence and focuses on customized |
| of award-winning mobile broadband technology | | | | optimization systems based on the principles of |
| and applications, announced today the | | | | genetic algorithms -- the underlying technology |
| establishment of a new subsidiary to develop | | | | used to concurrently optimize many critical |
| more mobile business applications, sustainability | | | | parameter values during a production or |
| products and to venture into the booming green | | | | transmission process. Optimization solutions can be |
| IT business. | | | | applied to areas such as energy grid set-up and |
| The new business entity, named Green Cortex, | | | | optimization, power transmission, traffic flows and |
| Inc., a BVI company based in Hong Kong, will | | | | logistics, etc. |
| combine mobile broadband technology, augmented | | | | 4. The Safety Cortex also represents the highest |
| reality and artificial intelligence technology to target | | | | intelligence level and intends to encompass a |
| a range of green IT markets globally with a | | | | series of intelligent monitoring and alert functions |
| mission to minimize global carbon footprints and | | | | based on fundamental technologies derived from |
| energy consumption. The planned products of the | | | | human brain research and neuro science. The |
| Green Cortex will be divided into 4 product lines | | | | product features self optimization, self organization |
| intelligence levels. | | | | and self healing functions to detect and prevent |
| | | | fatal environmental hazards and can be adapted |
| 1. The Community Cortex targets the general | | | | and applied to large scale industrial plants involving |
| mobile and Internet markets and offers a range | | | | complex pipe systems, chemical devices, power |
| of green web and smart phone apps that build up | | | | circuits, vessels, etc. Artificial Life has been |
| a community platform for sharing educational and | | | | considered by many a promising company, |
| environmental information and user generated | | | | however, it seems they have had trouble with |
| content. | | | | their accounts receivables. The company is |
| 2. The AR Cortex focuses on Augmented Reality | | | | generating strong revenues as is shown through |
| (AR) technology, the merging of the virtual world | | | | their EPS and P/E Ratio, however, it seems they |
| with physical reality to facilitate the sharing of | | | | are not generating cash from these revenues. |
| information in a better and more interactive | | | | The company has been prone to collecting bad |
| manner. The technology can be combined with | | | | accounts. If they can focus on reliable customers |
| smart readers and remote mobile control | | | | like APPL and T perhaps this could change. |
| systems to support the development of | | | | |
| applications for building management. | | | | The stock is trading flat today at a mere 8.6k |
| 3. The Optimizer Cortex represents the highest | | | | volume. |