TORONTO, May 19, 2015 /CNW/ - Sprylogics International Corp. (TSXV: SPY) a technology provider of semantic search, machine learned language and Natural Language Processing, is pleased to announce that it has entered into an agreement with Anthem Sports & Entertainment Corp. ("Anthem") a global specialty content platform focused on passionate sports and lifestyle communities across multiple media.
Under the terms of the agreement, the Sprylogics' BreakingSports app will provide Anthem's offerings including its award winning RotoExperts.com fantasy content, articles and FNTSY Sports Network videos and entertainment to its growing user base.
In exchange Anthem will market Sprylogics' BreakingSports app on Anthem's platforms.
"Anthem's strategy of aggressively pursuing and targeting passionate sports and lifestyle communities comprising of the male 18-54 demographic and related digital media assets across platforms and geographies fits perfectly with our objectives. Given their high quality, respected content and significant growth in several synergistic sports verticals, we are confident that we can help each other in the marketing, product development and growth of our combined products," said Marvin Igelman, CEO of Sprylogics. "Our BreakingSports app will benefit greatly from the integration of Anthem's collective audience while in turn, providing Anthem a valuable mobile sports information platform to complement its products."
Commenting on this agreement, Louis M. Maione, Chief Strategy Officer of Anthem stated: "We look forward to offering our unique fantasy sports content to the BreakingSports audience, enabling us to collaborate on achieving collective user growth and capitalize on new revenue opportunities, especially given their partnership with Fox Sports Radio Network, through iHeartMedia, a leading radio content internet-based streaming provider."
BreakingSports tracks social media in real-time for significant sports information and events and distributes summarized information through fully automated real-time push notifications to consumers. By utilizing advanced artificial intelligence techniques, the BreakingSports app can detect events in real time as they are announced on social media. It will determine the nature of the events, attribute the events to its participants, summarize sourced articles, index the underlying information and provide search of the events and articles while sending alerts to fantasy players, sports fans and enthusiasts.
BreakingSports differentiates itself from its competitors because it does not require human intervention when detecting and generating alerts, thereby enabling faster delivery of relevant information. Through a simple-to-use interface, BreakingSports users specify what teams and players they are interested in, as well as what type of events they care about, such as injuries, roster moves, line-up changes, statistics, rumors and more. To get the app visit breakingsportsapp.com or search "BreakingSports" on iOS or Android app store.
Sprylogics International Corp. is a technology provider of semantic search, machine learned language and Natural Language Processing ("NLP"). The Company's newest app, BreakingSports utilizes semantic, machine learned language and NLP to track social media in fully automated, real-time manner, for significant sports information and events and distributes summarized information through real-time push notifications to consumers. The Company also enables mobile application providers to generate revenue into their apps via its "Poynt-Enabled" SDK and owns Poynt, a local mobile search app.
About Anthem Sports & Entertainment Corp.
Anthem is a fast-growing global leader in operating targeted specialty television channels on linear, digital and mobile platforms with offices and studios in New York, Toronto, Los Angeles and Las Vegas. Anthem's portfolio includes: Fantasy Sports Network, the world's first-ever channel dedicated to fantasy sports; RotoExperts.com, a leader in fantasy sports content; Fight Network, the world's premier combat sports channel now broadcasting in the U.S., Canada and over 30 other countries; and Pursuit Channel, one of the top outdoor channels in the U.S. available in over 40 million homes. Anthem also owns SportsGrid.com, a leader in general sports entertainment commentary. Find out more at www.anthemse.com and www.fantasysportsnetwork.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. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that 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 protected], www.sprylogics.com