Sprylogics Bolsters its Advisory Board with the Addition of Industry Leaders Dennis Miller and Asim Abdullah
2012年1月10日 - 2:11PM
PR Newswire (Canada)
TORONTO, Jan. 10, 2012 /CNW/ - Sprylogics International Corp. - TSX
Venture: SPY ("Sprylogics" or the "Company") is pleased to announce
the addition of two more industry leaders to its Advisory
Board. The Company welcomes Dennis Miller and Asim Abdullah.
"We are delighted to strengthen our Advisory Board with two more
world class, accomplished businessmen. Dennis has been
instrumental to the success of many start-ups and offers
significant "new venture" expertise to our Company and Asim brings
a high-tech perspective in commerce, software and telecom. I am
excited about the extensive knowledge and network that both Dennis
and Asim bring to us as we evolve the Company and continue to
execute our strategic plan. I look forward to their input", said
Marvin Igelman, Chief Executive Officer of Sprylogics. Dennis
Miller Dennis Miller has been operating and managing media and
entertainment businesses for twenty years. In the last ten
years Dennis has been successfully investing at the intersection of
media and technology. As these two worlds increasingly
collide, Mr. Miller's primary interest is how the emerging
platforms, services and programming will create significant asset
value for shareholders. Mr. Miller began his career after
graduating from Boalt Law School at the firm of Manatt, Phelps,
Rothenberg and Tunney. After practicing law in the
entertainment and tax department, Mr. Miller decided to go "native"
in the content and media business by joining a leading media buying
shop which led to his 1991 hiring by Ted Turner to run TNT.
From 1991 to 1996, Mr. Miller was Executive Vice President of TNT,
and oversaw over 100 million dollars annually of original movies,
including the award-winning Heat Wave and theatrical
Gettysburg. His responsibilities also included oversight of
the NBA and NFL contracts on TNT. During this time TNT grew
from 30 million subscribers to over 55 million and 75 million
EBITDA. In 1996, Mr. Miller became Executive Vice President of Sony
Pictures Entertainment, overseeing the network, cable, syndication
and online businesses for Sony, domestically and globally.
During Mr. Miller's tenure, Sony became the second largest supplier
of primetime television programming, launched international
versions of HBO in Asia, and started an international action
channel (AXN) and a Hindi language service in India called Sony
Entertainment Television. Mr. Miller returned to his
entrepreneurial passions in 1998 when he joined Frank Giustra to
start Lionsgate Entertainment. During his tenure as Executive
Vice President, Lionsgate acquired both film and animation studios,
and started a television division. Today, Lionsgate is the
leading independent film and television company in the United
States. In 2000, Mr. Miller joined Constellation Ventures, the
venture partner business anchored by Bear Sterns. There he
led investments in cable networks including College Sports
Television (sold to CBS), TVOne sold to Comcast and Radio
One) and the Gospel Channel (now owned by Intermedia
Partners). He also led investments in the leading online
education company K12, which went public in 2007 (LRN), Widevine,
sold to Google, and managed the investment in Capital IQ which was
later sold to McGraw-Hill. In 2005, Mr. Miller joined Spark Capital
as a General Partner. Spark Capital (www.sparkcapital.com) is
focused primarily on early stage investment at the intersection of
media and technology. Spark's investments to date include Twitter,
Next New Networks (sold to Google), Group Commerce, Tumblr, Boxee,
CNET(sold to CBS), AdMeld, 5min (sold to AOL), Verivue, Alteus,
Group Commerce and Adapt.tv. Mr. Miller is currently a
Venture Partner with Spark Capital. Asim Abdullah Abdullah has over
18 years of multi-disciplinary experience in the high-tech industry
including the telecom, enterprise hardware/ software and eCommerce
sectors. In 2005, Asim purchased the Paris fashion house of Emanuel
Ungaro (EU) and for the last six years has spent a majority of his
time and efforts in Paris overseeing the fashion house. Previous to
EU, Asim served as a General Partner for Global Asset Capital
(GAC), a private equity investor in Silicon Valley with diversified
interests in venture capital, structured finance and real
estate. Prior to GAC, Asim served as the CEO and co-founder
of Appareon, a supply chain software company for retail goods.
Prior to that, as a member of the board of directors and the
executive staff, he helped launch CommerceOne into a market leader
with a successful public offering in July 2000. Asim joined
CommerceOne through its merger (Jan. 2000) with VEO Systems, a
company he co-founded and lead as its CEO. Veo is credited with
fundamental developments in XML and business-business exchange
infrastructure. Asim also served as the Executive Director of the
CommerceNet Consortium and established it as the leading global
institution for the promotion of eCommerce. Asim co-founded TRUSTe,
Internet's largest privacy management service and XETI, Inc. a
developer of Internet security solutions (merged into Critical Path
in Dec. '99). Asim has held various marketing and sales
management positions at Taligent Inc., IBM and ROLM systems.
Asim holds an M.S. in Engineering Management from Stanford
University ('87) and BS degrees in Electrical and Computer
Engineering from the University of Michigan ('84). 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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