TORONTO, Jan. 21, 2013 /CNW/ - Sprylogics International (TSXV: SPY), ("Sprylogics" or "the Company") announced today that its 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
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. To support this initiative, the technology
leverages numerous sources of information, including
wikipedia/dbpedia, freebase as well as sources of general knowledge
that are available in unstructured repositories across the web. This
modelling of human language has been applied both to input queries as
well as to the understanding of unstructured information in order to
best provide explicit answers to questions. The first examples of this
technology were tested and then unveiled to the public last year
through our private beta of the ask.cluuz.com engine.
Unlike several other voice assistant applications, the Company's answer
engine does not depend on external APIs for answers to general
questions. Instead, answers are derived either from semantic databases
housed on the Company's own servers, or through the Natural Language
Processing (NLP) of content obtained directly from web search results.
This approach is intended to result in a high degree of accuracy across
a wide breadth of general knowledge questions, which has been initially
validated through internal comparisons against the results from
multiple, publicly available answer engines.
Most recently the Company has concentrated on expanding the types of
questions that the solution can reliably and accurately provide answers
for. First, the Company implemented support for well defined problems
such as mathematical expressions, as well as times in various locales
and currency conversion.
In addition, the Company has concentrated on two additional domains:
food and movies. These two particular verticals are of significance in
that they are commonly required in planning of events and consequently
have been prioritized to be featured as part of our 2ya, messaging
applications' embeddable technology.
The Company's recent breakthroughs, have resulted in a highly compelling
and differentiated natural language answer engine for the movie
vertical. Answers about current movies are provided based on movie
synopsis, actors, directors, producers, theatres and other available
information. The Company continues to expand the engine to handle
queries about older movies, academy awards, movie quotes and other data
elements. The Company's objective is to leverage this ability to answer
these types of complex (yet commonly required) queries about movies to
drive higher usage, engagement and ultimately revenue of the
applications of the Company's and its partners.
Management believes that recent progress in tackling some of the hardest
computer science problems in the world, namely, understanding human
language and generating answers based on publicly available knowledge
to end users. is due in part to rigorously following a methodology of
beginning with general knowledge and then expanding to more in-depth
verticals. Additional verticals will include videos, images, sports,
and financials with the goal of being able to match categories that
users can currently discover information in the 2ya messaging
The Company believes that the current solution is differentiated from
Facebook's recently announced graph search. The answer engine is
focussed on answering questions related to general facts about the
world, without requiring votes by a community to understand "who
starred in which movie?" or "what is the closest restaurant that serves
a specific dish?" or "who was the first person on moon?" or "what the
score in the game last night was?"
The announced Facebook graph search appears to be based on personal
information and may be useful for queries that are an expression of
personal tastes. This is a very promising and exciting announcement in
search, which is complementary and not competitive to the Company's
focus on leveraging semantic technology to improve general knowledge
search. Facebook has expressed an interest in working with any search
company willing to respect the privacy of people on Facebook.
Sprylogics has a history of respecting the privacy of all users and
will continue to look for opportunities for additional and deeper
integration with the Facebook platform.
Sprylogics International develops advanced search and analysis
technology. The patent pending technology platform uses Semantic and
Machine Learning techniques to process, analyze and interpret
unstructured data including real time conversation, in order to extract
key sentiments, facts, user interests and intent. The technology
platform is currently being used to develop innovative solutions
related to search and discovery of products and places on mobile
devices. Find out more at www.sprylogics.com or www.2ya.it
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