Poynt to benefit from expanded market reach and new relationship with
TORONTO, Nov. 28, 2013 /CNW/ - Sprylogics International Corp. ("Sprylogics") (TSXV: SPY), a technology provider of local mobile solutions for consumers and
businesses is pleased to announce that its award winning consumer App
Poynt is now available on Amazon for Kindle devices, furthering its
growth potential and reach to millions of new potential users. Current
market estimates indicate that Amazon's Kindle accounts for over one
third of the global Android tablet market, with significantly higher
penetration in North America, making it a world class player with a
major user base going well beyond content reading to search, plan, map
and share information every day.
Sprylogics has now extended its Poynt App's patented local search
technology into Amazon's leading line of Android tablets. Now, Kindle
users can enjoy all the local search functions and benefits that have
made Poynt a leader in mobile local search, with over 20 million
downloads worldwide. Market research firm Strategy Analytics estimated
that Amazon will sell 15 Million Kindle Fires by the end of 2013.
"This is an outstanding validation of Kindle's expanded usage patterns,
and now Kindle users can reap the full benefits of smartphone
functionality to search for local places, people, information and
events via the Poynt App," said Marvin Igelman, CEO of Sprylogics.
"Amazon has established its Kindle tablet as a main contender and
continues to push its competitors with Kindle's high value and
functionality. Given the large Kindle market share footprint, which is
especially strong in North America, this further expands and
strengthens our advertising distribution, and will also benefit our ad
partnerships with increased search activity."
As part of this new launch, Amazon has selected Poynt to be featured
globally on their Apps store for Kindle and Android, with added
exposure including Facebook and Twitter blasts as well as email blasts
and blog posts. In addition, Poynt will be part of the coveted Amazon
recommendations engine resulting in Poynt appearing as a suggested
download when users look for related searches.
To download Poynt for your Kindle or your Android: Click here
Sprylogics International Corp. enables telecom operators, messaging and
mobile application providers to introduce new revenue streams into
their apps by integrating our "Poynt-Enabled" SDK, and unlocking the
monetization related to the user's search intent, while increasing
loyalty, engagement and usage activity levels. Sprylogics has developed
key relationships with leading mobile content and transaction providers
that allow it to semantically aggregate and distribute this content by
making it searchable via its patented geographical and contextual
Sprylogics also markets Poynt, an award winning, all-in-one mobile
search App that has garnered over 20 million downloads. Both products
have a common focus on enhancing the mobile user experience, enabling
users to do more without leaving the messaging or chat app, and
resulting in the monetization capture of search intent via content and
transaction services. More about Sprylogics at www.sprylogics.com, or follow @sprylogics on Twitter.
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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. Forward-looking statements are subject to
known and unknown risks, uncertainties and other factors which could
cause actual results of Sprylogics to differ materially from the
conclusion, forecast or projection stated in such forward-looking
statements. These risks, uncertainties and other factors include, but
are not limited to factors referenced in Sprylogics' other continuous
disclosure filings which are available at www.sedar.com. Readers should
not place undue reliance on these forward-looking statements. The
Company assumes no obligation to update any forward-looking statements,
except as required by applicable securities laws.
SOURCE: Sprylogics International Corp.
For further information:
Sprylogics International Corp. | David Berman, CFO
(905) 761-9200, Ext. 21 | email@example.com | www.sprylogics.com