TORONTO, Nov. 28 /CNW/ - Sprylogics International Corp. (the "Company" or
"Sprylogics") (TSX-V: SPY), a provider of intelligence-based risk mitigation
software and services announced today, the roll out of a test trial of Integra
DB Due Diligence Search Engine to a select group of users in the Canadian
financial services sector. Go to www.integradb.com/register.aspx to sign up
for a free trial.
The search engine contains information from Sprylogics' proprietary
Market Intelligence Database ("MID") of disciplined individuals and entities.
The information is drawn from publicly available regulatory filings and a
multitude of other public sources. This content is analyzed and uploaded into
the Market Intelligence Database by the Company's team of analysts.
Use of the Integra DB Search Engine dramatically speeds up, and improves,
the due diligence process for anyone seeking to invest, or contemplating a
transaction, in the Canadian financial markets and zeros in on key and most
relevant due diligence information. A similar search query in a primary
Internet search engine would likely yield many thousands of results for a
given term and prevent the user from identifying or finding the most important
information. In addition, unstructured data of this nature would require
significant resources and time to be rendered useful for effective due
A name or an entity analyzed in the Web-based Integra DB search engine
yields a Social Network Analysis of the name or entity searched. To view a
sample of a screen shot of a search result and social network/chart view go to
The end result is structured data or intelligence which can be used in
the due diligence process and acted upon in real time. To sign up for a free
trial of Integra DB Search Engine for Financial Markets go to
For larger corporations seeking to leverage the power of Sprylogics' risk
mitigation software and develop their own information database, the Company
offers its Analyst and Investigator Software. These tools comprise a
proprietary, patent-pending analytical workflow platform for intelligence
analysts, investigators and researchers in government, regulatory, and law
enforcement agencies, financial institutions and academia. The software
assists in the collection, analysis, discovery and reporting of information
and intelligence. Licenses for the Analyst and Investigator Software have been
purchased by a number of offshore financial centres including the Financial
Reporting Authority - government of Cayman Islands, and the Financial
Intelligence Unit - government of St. Vincent & The Grenadines. In Canada, the
software is licensed by the Investment Dealers Association.
To complement its current line of products that help corporations turn
unstructured data from external sources into real time actionable
intelligence, the Sprylogics recently announced the acquisition of Wisconsin
based Devsys Inc., which provides corporations with a set of internal tools to
manage risk. Devsys' TrackEnterprise(C) and TrackWeb(TM) form the Hub of a
comprehensive compliance system connecting corporate compliance officers with
other internal departments, external services, and upper management.
About Sprylogics International Corp.
Sprylogics develops intelligence based analytical solutions, and content
for enhanced risk analysis and investigative research in the regulatory, law
enforcement, government, financial services, investment, and private sectors.
Our technological solutions enable our users to methodically collect, analyze,
discover, and report large amounts of raw data and transform that data into
analyzed and actionable intelligence. Our content solutions enable our users
to identify non-obvious financial risks based on the Social Network Analysis
of companies, individuals and other entities. Find out more at
Certain statements in this press release may constitute "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of
Sprylogics International Inc. (the "Company") to be materially different from
any future results, performance or achievements expressed or implied by such
forward-looking statements. When used in this press release, such statements
use such words as "may," "will," "expect," "anticipate," "project," "believe,"
"plan" and other similar terminology. The risks and uncertainties are detailed
from time to time in reports filed by the Company with securities regulatory
authorities to which recipients of this press release are referred for
additional information concerning the Company, its prospects and the risks and
uncertainties relating to the Company and its prospects. New risk factors may
arise from time to time and it is not possible for management to predict all
of those risk factors or the extent to which any factor or combination of
factors may cause actual results, performance and achievements of the Company
to be materially different from those contained in forward-looking statements.
Given these risks and uncertainties, investors should not place undue reliance
on forward-looking statements as a prediction of actual results. The
forward-looking information contained in this press release is current only as
of the date of this press release. There should not be an expectation that
such information will in all circumstances be updated, supplemented or revised
whether as a result of new information, changing circumstances, future events
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Michael Frank, CEO, (416) 221-5119,
firstname.lastname@example.org; or visit Sprylogics International Corp. at