Sprylogics' Semantic and Natural Language Processing Capabilities to
Help Enhance the Experience of Keek's over 65 million users
TORONTO, Feb. 26, 2014 /CNW/ - Sprylogics International Corp. ("Sprylogics") (TSXV: SPY), a technology provider of local mobile search and messaging solutions
for consumers and businesses has signed an agreement with Keek, a
mobile video app, to collaborate and explore sharing technology and
expertise around a broad segment of cross-platform opportunities,
including the deployment of Sprylogics' semantic processing engine into
Keek's mobile platform. As part of this agreement, Sprylogics will
provide semantic content analysis to Keek, including exploring
utilizing the indexing and search services in Sprylogics, core
infrastructure, and Natural Language Processing capabilities, as well
as various machine learning classifiers, semantic and local search
technologies available through Sprylogics APIs and distributed content
"I'm very excited about what we can accomplish via this strategic
relationship with Keek", says Marvin Igelman", CEO of Sprylogics. "This
represents one of the broadest technology and business development
partnership we have ever cemented, as it covers access to our SDK
platform, API access, consulting expertise, as well as our core
semantic analysis infrastructure."
"We look forward to benefiting from Sprylogics' software architecture
expertise to develop new capabilities for Keek users, based on
Sprylogics' intelligent search, aggregation and classification
technologies," says Gerry Feldman, Interim CEO and Director of Keek.
Sprylogics aggregates content that ranges across the most commonly used
searched subjects (video, restaurants, movies, coupons, events,
businesses, people, weather), enabling users to discover, view,
discuss, share movies, restaurants, videos, make reservations, find the
lowest gas prices, save with local offers, book events, add to their
calendar, all "without leaving the app."
About Keek Inc.
Keek, is a private Ontario company founded in 2010 and since inception
has established a global, social video community in more than 100
countries and with over 65 million registered users sharing "keeks." A
"keek" is a 36 second video message that is shared with others using
smart phones, tablets and webcams. One of Keek's unique features is its
"keekbacks" which enable users to respond to keeks with a keek. Keek's
platform is a free service. The Keek app is available in the App Store, Google Play, BlackBerry World, and now in the Windows Phone Store.
Keek's marketing strategy is designed to sustain and grow its community
of users and level of user engagement. Keek's short term future plan
is to implement a monetization model which may include online and
in-app advertising, sponsorship and product sales. Keek has entered
into an amalgamation agreement with Primary Petroleum Inc. and its
shareholder meeting is scheduled on March 4, 2014 to ratify the
amalgamation. For additional information about Keek, please refer to
the Filing Statement at www.sedar.com under the company heading "Primary Petroleum Corporation".
Sprylogics International Corp. enables telecom operators, messaging and
mobile application providers to introduce new revenue streams into
their apps with its "Poynt-Enabled" SDK. "Poynt-Enabled" brings
monetization related to the user's search intent, while increasing
loyalty, engagement and usage activity levels. Sprylogics semantically
aggregates and distributes useful local content by making it searchable
via its patented geographical and contextual targeting technology.
Sprylogics also markets Poynt, an award winning, all-in-one mobile local
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 app", while monetizing via local
search results and transactions.
Visit Sprylogics at www.sprylogics.com, or follow @poynt on Twitter. Download the Poynt App on your smartphone at http://m.poynt.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 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
Keek Inc. | Gerry Feldman, CPA, CA Interim CEO and Director - (416) 606-7655