RIWI Corp. (RWCRF) has launched innovative synthetic data generation capabilities, leveraging its proprietary Random Domain Intercept Technology (RDIT). The new solution creates statistically robust and privacy-preserving synthetic datasets that maintain the properties of original data without compromising individual privacy. CEO Greg Wong announced that clients will receive complementary synthetic data alongside real audience responses. The technology addresses key challenges in data collection, including privacy concerns, data scarcity, and high acquisition costs. Key applications include privacy-sensitive research, AI/ML model training, market simulation, and addressing data scarcity. The company will showcase its synthetic data generator at upcoming events in New York City and Philadelphia. Additionally, RIWI granted 759,665 stock options to executives and directors, exercisable at CAD $0.54 per share with expiration in June 2030.
RIWI Corp. (RWCRF) ha lanciato nuove funzionalità innovative per la generazione di dati sintetici, sfruttando la sua tecnologia proprietaria Random Domain Intercept Technology (RDIT). La nuova soluzione crea set di dati sintetici statisticamente robusti e rispettosi della privacy, mantenendo le caratteristiche dei dati originali senza compromettere la privacy degli individui. Il CEO Greg Wong ha annunciato che i clienti riceveranno dati sintetici complementari insieme alle risposte del pubblico reale. La tecnologia affronta le principali sfide nella raccolta dati, tra cui preoccupazioni sulla privacy, scarsità di dati e alti costi di acquisizione. Le applicazioni principali includono ricerche sensibili alla privacy, addestramento di modelli AI/ML, simulazioni di mercato e risoluzione della scarsità di dati. L’azienda presenterà il suo generatore di dati sintetici in eventi prossimi a New York City e Philadelphia. Inoltre, RIWI ha concesso 759.665 opzioni azionarie a dirigenti e amministratori, esercitabili a CAD 0,54 per azione con scadenza a giugno 2030.
RIWI Corp. (RWCRF) hat innovative Funktionen zur Generierung synthetischer Daten eingeführt, die auf der firmeneigenen Random Domain Intercept Technology (RDIT) basieren. Die neue Lösung erzeugt statistisch robuste und datenschutzfreundliche synthetische Datensätze, die die Eigenschaften der Originaldaten bewahren, ohne die Privatsphäre einzelner Personen zu gefährden. CEO Greg Wong kündigte an, dass Kunden ergänzende synthetische Daten neben den realen Zielgruppenantworten erhalten werden. Die Technologie adressiert zentrale Herausforderungen bei der Datenerfassung, darunter Datenschutzbedenken, Datenknappheit und hohe Akquisitionskosten. Wichtige Anwendungsbereiche sind datenschutzsensitives Research, Training von KI/ML-Modellen, Marktsimulationen und die Bewältigung von Datenknappheit. Das Unternehmen wird seinen synthetischen Datengenerator auf bevorstehenden Veranstaltungen in New York City und Philadelphia präsentieren. Zudem gewährte RIWI 759.665 Aktienoptionen an Führungskräfte und Direktoren, ausübbar zu CAD 0,54 pro Aktie mit Ablauf im Juni 2030.
Positive
Launch of innovative synthetic data generation capabilities that complement existing real-time data collection services
Offering synthetic data at no additional cost to existing clients
Technology addresses critical market needs in privacy-sensitive research and AI model training
Strategic expansion leverages proprietary RDIT technology for competitive advantage
Negative
Stock option grant of 759,665 shares may lead to potential dilution for existing shareholders
Toronto, Ontario--(Newsfile Corp. - June 17, 2025) - RIWI Corp. (TSXV: RIWI) (OTCQB: RWCRF), a global leader in real-time data collection and sentiment analysis, today announced the launch of its innovative synthetic data generation capabilities, offering clients a powerful new tool for secure, high-quality, and rapidly accessible data insights. This strategic expansion leverages RIWI's proprietary Random Domain Intercept Technology (RDIT™) and its sample hub to create statistically robust and privacy-preserving synthetic datasets, addressing critical needs in an increasingly data-driven world.
Synthetic data, system generated rather than collected from real-world events, maintains the statistical properties and patterns of original data without compromising individual privacy. This breakthrough enables organizations to overcome significant challenges associated with traditional data collection, including privacy concerns, data scarcity, and the high costs and time involved in acquiring large, diverse datasets.
"The introduction of our synthetic data solutions opens up newer opportunities for our clients," says Greg Wong, Chief Executive Officer of RIWI. "Our synthetic data offering provides a transformative solution, delivering statistically representative datasets that empower our clients to innovate faster and train more robust AI models while upholding the highest standards of data privacy and ethical practice. Best yet, we are offering our clients the ability to complement our real audience responses with synthetic data atno cost in order to help them learn the benefits of high quality synthetic data."
RIWI's synthetic data capabilities are particularly valuable for:
Privacy-Sensitive Research: Conducting analysis on sensitive topics or populations where real data collection faces stringent privacy regulations.
AI/Machine Learning Model Training: Providing vast, diverse, and unbiased datasets for training and validating AI and machine learning models, enhancing their accuracy and generalizability.
Market Simulation and Forecasting: Running complex simulations and predictive analytics without relying on real-world data constraints.
Addressing Data Scarcity: Generating data for rare events or niche markets where sufficient real data is difficult or impossible to obtain.
Accelerating Development: Significantly reducing the time and cost associated with traditional data acquisition and preparation.
Utilizing advanced algorithms, RIWI's synthetic data generation process is informed by the unique real-time, random-sample data collected through its patented RDIT™ methodology as well as from its ongoing data trackers that are run globally. This ensures that the generated datasets accurately reflect the underlying characteristics and relationships found in real populations, providing unparalleled utility for diverse analytical and developmental purposes.
RIWI will be showcasing its synthetic data generator at both the Quirk's event in New York City on July 23rd and 24th as well as at the Pangborn Sensory Symposium on August 17th to the 21st in Philadelphia.
In addition, RIWI would like to announce that it has granted an aggregate of 759,665 stock options ("Options") to certain executives and directors of the Company pursuant to the Company's stock option plan. The Options are exercisable at a price of CAD $0.54 per share and expire on June 16, 2030.
About RIWI
RIWI is a market research platform and global trend-tracking and prediction technology firm. On a monthly or annual subscription basis, RIWI offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries.
For more information, please contact [email protected]or call 1-833-FOR-RIWI (367-7494)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION:
Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of Canadian securities legislation that involves risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of the Company's expectations or beliefs regarding future events. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.
To view the source version of this press release, please visit
FAQ
What is RIWI's new synthetic data solution and how does it work?
RIWI's synthetic data solution generates statistically robust datasets using their proprietary Random Domain Intercept Technology (RDIT), creating data that maintains statistical properties of original data while preserving privacy
How will RWCRF's synthetic data benefit its clients?
The solution helps clients conduct privacy-sensitive research, train AI models, run market simulations, and address data scarcity while being offered at no additional cost alongside real audience responses
What are the key applications of RIWI's synthetic data technology?
Key applications include privacy-sensitive research, AI/ML model training, market simulation and forecasting, addressing data scarcity, and accelerating development processes
What stock options did RIWI Corp (RWCRF) grant in June 2025?
RIWI granted 759,665 stock options to executives and directors, exercisable at CAD $0.54 per share with an expiration date of June 16, 2030
Where will RIWI showcase its new synthetic data generator in 2025?
RIWI will showcase its synthetic data generator at the Quirk's event in New York City (July 23-24) and the Pangborn Sensory Symposium in Philadelphia (August 17-21)
An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, to receive support.