Sprylogics International Corp. - Corporate Update, Mobile Initiatives
2012年1月9日 - 11:00PM
PR Newswire (Canada)
TORONTO, Jan. 9, 2012 /CNW/ - Sprylogics International Corp.,
TSXV-SPY ("Sprylogics" or the "Company") is pleased to provide
additional details related to the Corporate Update of October 19,
2011. At that time, the Company announced the formation of
Sprylogics Mobile. Sprylogics Mobile is focusing on the development
of mobile applications, web services and mobile-centric data sets
to capitalize on three key trends: 1. The trillion dollar
(according to Forrester Research) online-to-offline commerce
market. 2. Mobile Commerce Projections (ABI Research) of $120
Billion Dollars within the next 3 years. 3. The massive flood of
local advertising and commerce spending unleashed by companies like
Groupon and LivingSocial. Sprylogics Mobile is leveraging the
Company's strengths in Agnostic Data Aggregation, Semantic/Machine
Learning Technologies, and Data Visualization to solve real world
problems for consumers. The mobile team is currently developing two
mobile solutions. The first mobile initiative, named "The Best" is
an innovative and disruptive mobile search and discovery
application. This application utilizes machine learning and
semantic technologies to aggregate and rank opinions and sentiment
on places, businesses and products using social signals,
traditional online media and online discussions. While competitive,
this is a highly fragmented space with no single, agnostic trusted
source of reviews, rankings and ratings across places and products.
Additionally, mobile application search solutions for places and
products are increasingly challenging general search engines like
Google and Microsoft's BING both in terms of search query volume
and month over month growth. "The Best" Mobile Application is
currently in prototype for 3 markets in North America. The product
is expected to begin closed beta in several additional major
markets across North America by Spring 2012 and the core data set
will be made available to select partners within the time frame as
well. The second application (codenamed "Liquid Messaging"),
enables the application of Sprylogics' innovative semantic search
technologies against the billions of mobile messages sent each day.
The solution is being developed to help mobile messaging companies
monetize their multi-million user bases in a consumer friendly way.
"'We are very pleased with the progress that our product and
technology team has made in the last few months. We are committed
to increasing shareholder value by continuing to leverage our
considerable technology and management assets in order to bring
world class products to market "said Marvin Igelman CEO of
Sprylogics International. About Sprylogics International Corp.
Sprylogics International develops advanced search and analysis
technology. Additionally, Sprylogics' products search large
amounts of unstructured data on the web, and in internal corporate
databases, and convert it into more relevant searches for a variety
of applications. The core technology driving Sprylogics' solutions
is embedded in the Cluuz Search Engine platform. Cluuz search
results are visually displayed through patent pending semantic
cluster graphs and result in improved decision-making capabilities.
Find out more at www.sprylogics.com, and www.cluuz.com. Neither 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.
Cautionary and Forward-Looking Statements Statements contained in
this news release which are not historical facts are
forward-looking statements that involve risk, uncertainties and
other factors that could cause actual results to differ materially
from those expressed or implied by such forward-looking
statements. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such
statements. All forward-looking statements included in this
news release are based on information available to the Company on
the date hereof. The Company assumes no obligation to update
any forward-looking statements, except as required by applicable
securities laws. Sprylogics International Corp. CONTACT: Sprylogics
International Corp.David Berman, CFO, 905-761-9200 Ext.21 or
davidb@sprylogics.com
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