Company has a Growing Worldwide Portfolio of Patents in Mobile,
Location-Based Search and Advertising Technologies
TORONTO, Nov. 5, 2013 /CNW/ - Sprylogics International Corp. ("Sprylogics" or the "Company") (TSXV:
SPY), a technology provider of local mobile search and messaging solutions
for consumers and businesses is pleased to announce that its subsidiary
Poynt Inc. has been granted a new patent for a "method of using
location information for advertising system based on 3-dimensional
shapes." This patent and others already granted or pending add to the
portfolio of intellectual property owned by the Company.
Singapore patent 176399 was issued on October 11, 2013 to Poynt Inc.,
describing a Method of Using Location Information for Advertising
System Based on 3-Dimensional Shapes. The patent is directed as
A method of delivering an advertisement to an electronic communications
device via an electronic communications network includes obtaining, via
the electronic communications network, a speed or direction of travel
of an electronic communications device and a location of the electronic
communications device, the location of the device corresponding to a
longitude, a latitude, and an altitude of the communications device,
accessing a database of advertisements, each advertisement in the
database having an associated speed or direction of travel and a
three-dimensional geographical region, identifying at least one
advertisement in the database such that the location and speed or
direction of travel of the electronic communications device is within
the associated three-dimensional geographic region and speed or
direction of travel of the advertisement, and delivering the
advertisement to the electronic communications device via the
electronic communications network.
With respect to the Poynt Inc. acquisition by Sprylogics announced
August 1, 2013, here are the additional issued patents now owned by the
Company and its subsidiaries:
US 8,315,178, Method and System for Wireless Message Based Advertising.
US 6,970,922, US 7,539,742, US 7,870,229, US 8,099,477. Network for
Targeting Individual Operating a Microcomputer Regardless of His
US 7,941,430, Multi-Mode Location Based E-Directory Service Enabling
Method, System, and Apparatus.
"These patents help us enhance our competitive position in the
marketplace, as we commercialize the capabilities behind them," says
Marvin Igelman, CEO of Sprylogics. "This recently granted patent
expands our existing patent inventory, and demonstrates the breadth and
depth of our innovative engineering and scientific expertise, and the
richness of our intellectual property."
Sprylogics now owns a total of seven (7) granted patents.
Sprylogics International Corp. enables telecom operators, messaging and
mobile applications providers to introduce new revenue streams into
their mobile offerings by integrating contextual content and
transaction services that unlock the monetization of consumer 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 targeting technology.
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. Find more about Sprylogics at www.sprylogics.com, or follow @sprylogics on Twitter.
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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
SOURCE: Sprylogics International Corp.
For further information:
Sprylogics International Corp. | David Berman, CFO
(905) 761-9200, Ext. 21 | email@example.com | www.sprylogics.com