/THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
CALGARY, Jan. 14, 2013 /CNW/ - Sylogist Ltd. ("Sylogist") (TSX-V:SYZ) is pleased to announce that Cambridge Advisors, a business unit of CI Global Investments Inc. ("CI"), has increased its interest in Sylogist to 1,915,800 shares as at December 31, 2012, representing approximately 10.12% of the outstanding Sylogist shares at that date. CI has control or direction over such shares, but such shares are owned by accounts managed by CI. Currently Sylogist has 18,936,235 shares outstanding.
CI has advised Sylogist that it acquired the Sylogist shares for investment purposes and that it may decide, on behalf of accounts managed by it, to acquire additional Sylogist shares for investment purposes as determined to be in the best interests of the accounts at any time in the future.
Sylogist is a technology innovation company which, through strategic acquisitions, investments and operations management, provides intellectual property solutions to a wide range of public and private sector customers. The Company's stock is traded on the TSX Venture Exchange under the symbol "SYZ".
- 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:
Jim Wilson, President and CEO