- Trading under new name and new symbol BKD to commence Monday September 14, 2015
TORONTO, Sept. 9, 2015 /CNW/ - Sprylogics International Corp. ("Sprylogics" or, the "Company") (TSX VENTURE:SPY) is pleased to advise that all matters were approved at its annual and special shareholder meeting held earlier today, including the change of the Company's name to Breaking Data Corp.
Articles of amendment have been filed today by the Company effecting the change of the Company's name from "Sprylogics International Corp." to "Breaking Data Corp." The Common Shares will commence trading on the TSX Venture Exchange under its new name at the opening of trading on Monday September 14, 2015 under the new symbol "BKD".
"We are pleased to announce our new name which better reflects our direction and emphasizes our core strengths as a leader in sematic and natural language processing ("NLP") technology used to extract "breaking" news from social networks," said Marvin Igelman, CEO of Breaking Data Corp. "With our flagship app, BreakingSports, we have demonstrated our expertise in extracting information in the sports vertical, filtering it and notifying users in a fully automated real-time fashion. Breaking Data Corp., will continue to explore new verticals for obtaining, filtering and delivering "Breaking Data" in the coming years."
Sprylogics International Corp. is a technology provider of semantic search, machine learning and natural language processing ("NLP"). The Company's newest app, BreakingSports utilizes semantic machine learning 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. Find out more at sprylogics.com and breakingsportsapp.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