{"id":4627,"date":"2021-09-14T09:13:26","date_gmt":"2021-09-14T16:13:26","guid":{"rendered":"https:\/\/medxtractor.com\/?p=4627"},"modified":"2021-09-14T09:13:28","modified_gmt":"2021-09-14T16:13:28","slug":"medxtractor-provides-a-corporate-update","status":"publish","type":"post","link":"https:\/\/medxtractor.com\/medxtractor-provides-a-corporate-update\/","title":{"rendered":"Medxtractor provides a corporate update"},"content":{"rendered":"\n
Calgary, Alberta \u2013 September 14, 2021<\/p>\n\n\n\n
For Immediate Release – <\/em>Medxtractor Corp. (\u201cMedX<\/strong>\u201d or the \u201cCorporation<\/strong>\u201d) (CSE: MXT, OTC:MXTTF<\/strong>) provides a corporate update.<\/p>\n\n\n\n Medxtractor (\u201cMedX\u201d or the \u201cCorporation\u201d) (CSE: MXT, OTC:MXTTF) reports progress as follows:<\/p>\n\n\n\n 1. The Corporation’s proprietary Reference Database now contains over 1000 reference records consisting of extensive, biometric and associated electroencephalogram (“EEG”) data. The Reference Database development is expected to meet the completion target of October 31, 2021.<\/p>\n\n\n\n 2. the Corporation’s mental health guidance grid known as a Contextualizer (“MCT”) is designed to be used in combination with associated EEG data to predict probabilities for up to nine underlying mental health conditions. The MCT has now been completed by a highly qualified Psychologist and Psychiatrist and contains over 19,000 data elements that are now being incorporated into supervised machine-learning (“SML”) algorithms.<\/p>\n\n\n\n James Durward, President, states: \u201cDelivery of the MCT is a major step forward in the development of our mental health diagnostic application. While machine-learning provides fast, deep correlation and mathematical rigor, it does not provide context. MCT provides context by extensive scoring of data element relationships with mental conditions. We also expect a physical health Contextualizer, PCT, to be delivered within the next 30 days and I believe that these Contextualizers coupled with the Reference Database will provide highly-advanced mental and physical health diagnostic tools for professionals and mHealth consumers alike.”<\/p>\n\n\n\n MedX also reports that it has instructed legal counsel to initiate a name change to “nDatalyze Corp.” to more accurately reflect the Corporation’s future direction.<\/p>\n\n\n\n