TORONTO, Dec. 13, 2012 /CNW/ - Sprylogics International (TSXV: SPY), ("Sprylogics" or "the Company") the international provider of innovative mobile messaging monetization
services announces that it has signed a Definitive Agreement with PCS
Wireless LLC ("PCS"), a global leader in the open market distribution
of mobile devices, to add value to the devices they distribute with
Sprylogics' 2ya for Facebook Chat Mobile Messaging solution.
PCS provides strategic distribution of well over 3 million mobile
products annually. Sprylogics and PCS Wireless intend to add value to
those devices through the distribution and preloading of Sprylogics'
2ya application which utilizes the Company's Liquid Messaging Platform.
The application will be distributed throughout North America across
PCS's Android device portfolio.
The mobile application allows a user to chat, perform mobile searches
and share results (including movies, restaurants, and YouTube videos)
with all of their Facebook friends as well as other 2ya users over
Sprylogics' proprietary protocol.
Sprylogics successfully completed a closed "Friends and Family" Beta for
its iPhone version of 2ya and has recently released that version of the
application internationally in Apple's App Store. The Company will
continue to execute against its compelling roadmap and will be
introducing several unique and innovative features to the application
in the New Year.
"I am pleased that we have completed our first distribution agreement
with PCS" said Marvin Igelman, CEO of Sprylogics. "We are excited about
the potential for significant growth in the coming year by way of
traditional distribution channels like the App Store combined with
distribution partnerships with leaders like PCS."
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
About PCS Wireless -
PCS Wireless LLC is a leading expert in sourcing, refurbishing and
selling mobile products internationally on the open market. PCS
provides services specializing in asset recovery and strategic
distribution of mobile products with a roster of over 5,000 global
customers. PCS serves manufacturers, carriers and retail partners
through channel specific and global open markets for current, end of
life ("EOL"), overstocked and returned mobile merchandise. The company
provides a host of value added services including device configuration,
custom kitting, software programming, inventory management and
logistics. The Florham Park, NJ-based company operates an 85,000-sq.
ft. warehouse and employs approximately 250 people. More information
can be found at www.pcsww.com
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