Enables monetization via 28 million spaces in 40 countries through Poynt App and Poynt-Enabled SDK
TORONTO, Dec. 17, 2013 /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 Parkopedia, the world's leading parking information
provider to integrate Parkopedia's extensive parking location data into
Sprylogics' Poynt App and Poynt-Enabled SDK.
Parkopedia has detailed information on 28 million parking spaces in
6,300 cities from 40 countries. Poynt users will be able to find
parking information near where they are searching for places, without
leaving the App including exact parking locations, parking entrances,
hours of operations, prices, user reviews, and the ability to pay for
parking (in selected locations) from their Smartphone.
"We are excited about this integration with Poynt's local mobile search
products," says Parkopedia's CEO Eugene Tsyrklevich. "Sprylogics is an
innovator in mobile local search solutions, and this partnership
expands the usage of our information, putting it in the hands of
millions of mobile users that are interacting with the Poynt App and
Poynt Enabled SDK."
"With Parkopedia, Sprylogics continues bringing the best local search
data to our Poynt users and Poynt-Enabled partners," says Marvin
Igelman, CEO of Sprylogics. "This popular and useful local content
enhances our search functionality and is a catalyst for multiple
Poynt users will have access to integrated parking information within
their search results for restaurants, event locations, businesses, or
any places they are looking for, all seamlessly within search and share
functionality. Sprylogics and Parkopedia expect the integration to be
completed in the coming months.
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."
Parkopedia is the world's leading parking information provider used by
millions of drivers and companies such as Audi, BMW, Volvo and Toyota.
Parkopedia provides detailed information on over 28 million parking
spaces in 40 countries around the world, allowing drivers to find the
closest parking to their destination, tells them how much it will cost
and whether the space is available. Parkopedia can be accessed online,
as a mobile app and also inside car navigation devices.
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.
More about Sprylogics at www.sprylogics.com, or follow @sprylogics 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 | firstname.lastname@example.org | www.sprylogics.com