- Patent Provides Sprylogics Increased Intellectual Property and Industry Leading Capabilities
TORONTO, Feb. 5, 2014 /CNW/ - Sprylogics International Corp. ("Sprylogics" or the "Company") (TSXV: SPY), a technology provider of local mobile search and messaging solutions for consumers and businesses is pleased to announce that it has been granted a new patent for a "Multi-Mode Location Based E-Directory Service Enabling Method System and Apparatus". This addition compliments the Company's existing intellectual property portfolio of granted or pending patents.
Canadian Patent No. 2,600,849 was granted on December 10 2013, and it is described as follows:
A method prepares a response when providing e-Directory services to a user making a user request for location-based supplier information. The method includes identifying from said user request a desired location for which the user is requesting supplier information, identifying from the user request at least one informational element useful in querying a directory of suppliers, querying a primary directory of suppliers using said desired location and said informational element in order to generate primary supplier hits, querying the world wide web (www) using said desired location and said informational element in order to generate www supplier hits, merging said primary supplier hits with said www supplier hits to create a list of suppliers including a plurality of facts respecting each supplier in said list, sorting all supplier hits in said list by proximity to said desired location, purging any duplicate supplier hits, and formatting said list of suppliers to remove any facts extraneous to presentation over a viewing device to said user.
"The services associated with this patent continue to be revenue drivers behind our product offerings", says Marvin Igelman, CEO of Sprylogics. "This patent adds a protective feature and barrier to entry for competitors in the areas related to location-based e-directory services."
This patent is related to US 7,941,430 that was also granted to Poynt (acquired by Sprylogics) by the US Patent Office on May 10, 2011.
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.
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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.
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