ST. LOUIS, May 18, 2012 (GLOBE NEWSWIRE) -- Murphy Analytics (MA) has initiated coverage on Globalwise Investments (OTCBB:GWIV). The Initiation Report contains a detailed discussion of GWIV business operations, market dynamics, macroeconomic data and indicators, financial results, potential cash flows, and risks. The Initiation Report is available at: http://www.murphyanalytics.com/uploads/GWIV_Initiation.pdf.
Analyst Patrick J. Murphy, CFA notes in the report: "With ECM and cloud solutions in service and in development for over 15 years, GWIV has developed a broad suite of products tailored to meet the wide range of needs of and applications for small and medium business (SMB) customers… Industry forecasts generally call for significant growth in the IT sector at large as well as for cloud computing and ECM, and undoubtedly, much of that growth will be driven by the needs of Tier 1 and Tier 2 type clients. However, it seems likely that there is significant room to penetrate the SMB market for products with the appropriate price, platform, and marketing strategy, and GWIV seems to be well positioned across the board."
About Murphy Analytics
Murphy Analytics is an independent investment research firm providing coverage of microcap and smallcap stocks. Utilizing institutional caliber, fundamental, bottom-up analysis, Murphy Analytics helps investors make informed investment decisions about equities without extensive analyst coverage, with a focus on small-cap and micro-cap public stocks. Murphy Analytics LLC is owned by Patrick J. Murphy, who has over 15 years of capital markets experience, providing institutional investment and transaction analysis across a range of asset classes including microcap equities, commercial real estate debt and equity, municipal derivatives and public finance, venture capital, fixed income, CMBS and mortgage REIT's.
Disclosure: MA was paid $5,000 by the Company in advance of the publication of this report and the Company has agreed to pay $5,000 for one update report. Neither MA nor the analyst owns or trades the shares of covered companies. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results. MA provides no assurance as to the subject company's plans or ability to effect proposed actions and cannot project capabilities, intent, resources, or experience. This report is neither a solicitation to buy nor an offer to sell securities and is to be used for informational purposes only and should not be used as basis for investment decisions. MA is not an investment advisor or broker/dealer and this report does not provide investment advice.