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
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
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
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
SOURCE Sprylogics International Corp.
For further information:
Sprylogics International Corp.
David Berman, CFO, 905-761-9200 Ext.21 or firstname.lastname@example.org