Posts Tagged ‘Sprylogics’

Sprylogics and Keek Enter Into Strategic Agreement to Collaborate on Cross-Platform Technology


TORONTO, Feb. 26, 2014 (Menafn – Canada NewsWire via COMTEX) — Sprylogics International Corp. (“Sprylogics”) , a technology provider of local mobile search and messaging solutions for consumers and businesses has signed an agreement with Keek, a mobile video app, to collaborate and explore sharing technology and expertise around a broad segment of cross-platform opportunities, including the deployment of Sprylogics’ semantic processing engine into Keek’s mobile platform. As part of this agreement, Sprylogics will provide semantic content analysis to Keek, including exploring utilizing the indexing and search services in Sprylogics, core infrastructure, and Natural Language Processing capabilities, as well as various machine learning classifiers, semantic and local search technologies available through Sprylogics APIs and distributed content infrastructure. Read more

Sprylogics Announces Release of Next Generation Poynt Product with Built-In Sharing

sprylogicsTORONTO, Feb. 11, 2014 /PRNewswire/ – Sprylogics International Corp. (“Sprylogics”) (TSXV: SPY), a technology provider of local mobile search and messaging solutions for consumers and businesses announces the availability of its next generation Poynt mobile app, combining the power of local search with sharing, via a single app.

This new product is the result of integrating the power of Poynt’s local search content technology with Sprylogics’ semantic data aggregation and natural language processing capabilities, resulting in a unique consumer App that offers the richness of web content, coupled with the convenience of sharing with friends when there is intent to search or plan. Read more

Sprylogics Signs Agreement with Nimbuzz to Provide Local Mobile Search Across its Messaging Platform

Sprylogics logoTORONTO, Sept. 24, 2013 /PRNewswire/ – Sprylogics International Corp. (“Sprylogics”), a technology provider of local mobile solutions for consumers and businesses is pleased to announce that it has signed an agreement with Nimbuzz, a global leader in mobile messaging, to integrate its innovative “Poynt-Enabled” solution into Nimbuzz’s popular mobile messaging application. This agreement is a key milestone for Sprylogics, as it demonstrates the scalability and attractiveness of its intelligent search-based monetization platform to large mobile applications providers. Read more

Sprylogics Announces Closing of $6 Million Subscription Receipt Financing

TORONTO, July 31, 2013 /CNW/ - Sprylogics International Corp. (TSXV: SPY), (“Sprylogics” or “the Company”), the international provider of innovative mobile search and messaging monetization services, has closed the previously announced subscription receipt financing.  The Company issued a total of 15,197,340 subscription receipts (the “Subscription Receipts”) at a price of $0.40 per subscription receipt for gross proceeds of $6,078,936(the “Offering”).

Each Subscription Receipt shall be automatically exchanged, without any further action by the holder of such Subscription Receipt, and for no additional consideration, for one (1) common share, on a post-consolidation basis, upon the satisfaction of the Escrow Release Conditions (as defined below) on or prior to the date which is 60 days from the closing of the Offering.  Read more

Sprylogics Announces Financing of Approximately $5 Million and Provides Update on Poynt Acquisition

TORONTO, July 17, 2013 /CNW/ - Sprylogics International Corp. (TSXV: SPY), (“Sprylogics” or “the Company”), the international provider of innovative mobile search and messaging monetization services, announces that it has entered into an engagement letter with Beacon Securities Limited (the “Agent”) in respect of a private placement of subscription receipts of Sprylogics on a best efforts basis (the “Offering”). The Offering consists of a private placement of approximately 12,500,000 subscription receipts (the “Subscription Receipts”) at a price of$0.40 per subscription receipt for gross proceeds of approximately $5,000,000. Read more

Sprylogics Signs Letter of Intent to Acquire Poynt Inc.

TORONTO, May 31, 2013 /CNW/ - Sprylogics International, the international provider of innovative mobile search and messaging monetization services announces that it has signed a Letter of Intent to acquire Poynt Inc. (“Poynt”).

Under the terms of the deal, Sprylogics will provide the following consideration to the owners of Poynt: (i) issue a two (2) year note in the amount of $2.5 Million (CDN) with an annual interest rate of 6.5% payable quarterly in cash and / or stock, which will be secured against the assets of Poynt; and (ii) issue up to $500,000 in Sprylogics shares.  Additionally, the current owners of Poynt will retain a 10% interest in the exploitation of Poynt patents. Sprylogics will assume liabilities and fees associated with the purchase transaction as well as costs associated with management of the assets.  The parties have further agreed that under certain circumstances within the deal structure, payment of the$2.5 Million (CDN) may be accelerated. Read more

Sprylogics Launches Search & Content Aggregation Platform for Messaging

According to a recent release out of the company, “Sprylogics International Corp. today announced the launch of its advanced search and content aggregation platform, which enables operators to add search and content aggregation features to any of its messaging services, from SMS to Rich Communication Services (RCS). Operators can integrate the platform into their messaging application which allows users to discover, share and discuss information and activities with friends, get directions, and more. Now, operators can maintain or increase the messaging revenue that has been recently decreasing.” Read more

Sprylogics’ Semantic Search Tech Will Be Added to 2ya Facebook Chat Application

A recent article out of Sprylogics reports that the company’s “semantic search technology will be integrated into its chat and search application, 2ya for Facebook in the coming weeks.  The Company’s proprietary semantic search technology will be integrated into both the IOS and Android versions of the 2ya application, both of which are currently available for download internationally. Over the last year, the Company has concentrated on evolving its semantic technology into an answer engine that can be easily embedded within mobile applications.” Read more

Sprylogics Focusing on Answer Engine, Liquid Messaging

Sprylogics International has had an interesting year. The company recently shared an update of some of the most significant developments: “The Company has focused heavily in Research and Development over the past year related to the core semantic ‘Answer Engine’ technology as well as the Liquid Messaging Mobile Application and SDK. As the products approach market readiness, the Company has begun showcasing the products to both sophisticated industry insiders, as well as casual users.  We are extremely encouraged with the reception.” Read more

Sprylogics to Add Semantics to PCS Phones

Sprylogics has made a deal with PCS Wireless “to add value to the devices [PCS] distributes using Sprylogics technology and application. PCS provides strategic distribution of well over 3 million mobile products annually. Sprylogics and PCS Wireless intend to add value to those devices utilizing Sprylogics’ Liquid Messaging Application throughout North America across PCS’s Android device portfolio. Sprylogics has a Facebook integrated version of Liquid Messaging, allowing a user to chat, perform mobile searches and share results (including movies, restaurants, and local businesses) with their Facebook friends as well as other Liquid Messaging users over Sprylogic’s proprietary protocol.” Read more