Sylogist Announces Significant License and Services Agreement



    
    /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE
    SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
    

    CALGARY, May 19 /CNW/ - Sylogist Ltd. (TSX-V: SYZ), is pleased to
announce the signing of a significant license and services agreement within
its enterprise connectivity division with approximate value of $850,000. Under
the agreements with a major U.S. food processing operation, Sylogist will
supply licenses to its proprietary Sylobridge enterprise connectivity software
along with implementation and continuing support services. It is expected that
approximately half of the fees will be recognized as revenue in the current
quarter with the remaining revenue recognized over the next 12 months. The
project will facilitate connection of wireless data capture from multiple food
processing and warehouse locations to centralized ERP systems.

    
    About Sylogist
    --------------
    
    Sylogist provides leading financial enterprise information management,
system connectivity solutions and portal applications to municipal, education
and private sector customers.
    The Company's stock is traded on the TSX Venture Exchange under the
symbol SYZ. Information about Sylogist can be found at
http://www.sylogist.com.

    
    Forward-looking Statements
    --------------------------
    
    This news release contains forward-looking statements relating to the
future operations of the Corporation and other statements that are not
historical facts. Forward-looking statements are often identified by terms
such as "may", "should", "anticipate", "expects" and similar expressions. Any
statements that are contained in this news release that are not statements of
historical fact may be deemed to be forward-looking statements. Such
forward-looking statements are subject to important risks, uncertainties and
assumptions. The reader is cautioned that assumptions used in the preparation
of any forward-looking information may prove to be incorrect. Events or
circumstances may cause actual results to differ materially from those
predicted, as a result of numerous known and unknown risks, uncertainties, and
other factors, many of which are beyond the control of Sylogist. As a result,
we cannot guarantee that any forward-looking statement will materialize and
the reader is cautioned not to place undue reliance on any forward-looking
information. Such information, although considered reasonable by management at
the time of preparation, may prove to be incorrect and actual results may
differ materially from those anticipated. Forward-looking statements contained
in this news release are expressly qualified by this cautionary statement.
    The forward-looking statements contained in this news release are made as
of the date of this news release, and Sylogist does not undertake any
obligation to update publicly or to revise any of the included forward-looking
statements, whether as a result of new information, future events or
otherwise, except as expressly required by Canadian securities law.

    
    -The TSX-Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release-
    





For further information:

For further information: Jim Wilson, President and CEO, Sylogist Ltd.,
(403) 266-4808

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Sylogist Ltd.

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