Sylogist Ltd. announces option grants

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

CALGARY, Jan. 22 /CNW/ - Sylogist Ltd. (TSXV:SYZ) ("Sylogist" or the "Corporation") announces that it has granted an aggregate of 333,333 options to purchase common shares of the Corporation to the directors of the Corporation. The options were issued at the current market price in accordance with the Corporation's Stock Option Plan. Each such option entitles the holder to acquire a common share of the Corporation, subject to certain conditions.

    
    About Sylogist
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Sylogist provides leading enterprise information management software applications to municipal, education and private sector customers. We provide an integrated suite of business applications to municipalities that serve their needs for revenue, finance and operations management capabilities. Our education applications provide financial and student information web-based systems for the K-12 market.

The Corporation's stock is traded on the TSX Venture Exchange under the symbol SYZ. Information about Sylogist can be found at http://www.sylogist.com or on the Corporation's profile on SEDAR at www.sedar.com.

- Neither the 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 -

SOURCE Sylogist Ltd.

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

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Sylogist Ltd.

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