TORONTO and VANCOUVER, April 3 /CNW/ - Sprylogics International Corp.
(the "Company" or "Sprylogics") (TSX-VENTURE: SPY), a developer of next
generation semantic search technologies and intelligence-based risk mitigation
software and services, announced today that it has signed a Memorandum of
Understanding (MOU) with INK Research Corp. (INK) of Vancouver, BC. The MOU
provides the basis for development of a strategic marketing alliance between
Sprylogics and INK, whereby each party will agree to advertise, promote and
provide access to the other's products from their respective Web Sites.
Under this co-marketing initiative, it is proposed that Sprylogics and
INK will develop a content sharing program which will provide subscribers of
Sprylogics' www.Integradb.com website, access to insider reports for Canadian
public companies, produced by INK. www.Integradb.com is a web based due
diligence search engine for the financial markets based on social network
In addition, it is contemplated that this affiliate marketing strategy
will also provide subscribers of INK's www.INKResearch.ca web site and
www.Canadianinsider.com web site with access to proprietary information and
social analysis graphs relating to the North American financial markets and
participants. Currently, this information is available exclusively to
subscribers of www.integradb.com .
"We are excited about the prospects of broadening our reach across a
highly respected group of INK web properties that are well established in
Canada," said Avi Shachar of Sprylogics. "We anticipate accelerated acceptance
of our IntegraDB technology through these channels."
"INK is looking forward to the benefits of Sprylogics' IntegraDB web base
due diligence engine. We believe it compliments and strengthens our current
services with its unique graphing and social network analysis," said Ted
Dixon, CEO of INK.
About Sprylogics International Corp.
Sprylogics International Inc. develops advanced search, analysis, and
information display tools and services. These solutions enable users to search
large amounts of unstructured data on the Web, and in internal corporate
databases, and convert it into actionable intelligence. The core technology
driving Sprylogics' solutions is embedded in the Cluuz Search Engine platform
which enables both consumers and corporate users to methodically search the
Internet and internal corporate resources and find the information they are
looking for. Cluuz search results are visually displayed through patent
pending semantic graphs and result in improved decision making capabilities.
To find out more, visit www.sprylogics.com.
About INK Research Corp.
INK Research Corp. (INK) provides Insider News and Knowledge to investors
in Canadian markets. We are an independent Canadian financial information
firm. INK provides commercial monitoring and research on insider trading
reports in Canada. INK's services, which are available through subscription,
strive to give investors, analysts, advisors and institutions an edge through
better access and understanding of insider reports. For more information visit
Certain statements in this press release may constitute "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of the
Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. When
used in this press release, such statements use such words as "may," "will,"
"expect," "anticipate," "project," "believe," "plan" and other similar
terminology. The risks and uncertainties are detailed from time to time in
reports filed by the Company with securities regulatory authorities to which
recipients of this press release are referred for additional information
concerning the Company, its prospects and the risks and uncertainties relating
to the Company and its prospects. New risk factors may arise from time to time
and it is not possible for management to predict all of those risk factors or
the extent to which any factor or combination of factors may cause actual
results, performance and achievements of the Company to be materially
different from those contained in forward-looking statements. Given these
risks and uncertainties, investors should not place undue reliance on
forward-looking statements as a prediction of actual results. The
forward-looking information contained in this press release is current only as
of the date of this press release. There should not be an expectation that
such information will in all circumstances be updated, supplemented or revised
whether as a result of new information, changing circumstances, future events
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
For further information:
For further information: Sprylogics International Corp., Michael Frank,
CEO, (416) 221-5119, or firstname.lastname@example.org; or INK Research Corp., Ted
Dixon, CEO, (604) 669-4465, or email@example.com