TORONTO, Dec. 13, 2012 /CNW/ - Sprylogics International (TSXV: SPY), ("Sprylogics" or "the Company") the international provider of innovative mobile messaging monetization services announces that it has signed a Definitive Agreement with PCS Wireless LLC ("PCS"), a global leader in the open market distribution of mobile devices, to add value to the devices they distribute with Sprylogics' 2ya for Facebook Chat Mobile Messaging solution.
PCS provides strategic distribution of well over 3 million mobile products annually. Sprylogics and PCS Wireless intend to add value to those devices through the distribution and preloading of Sprylogics' 2ya application which utilizes the Company's Liquid Messaging Platform. The application will be distributed throughout North America across PCS's Android device portfolio.
The mobile application allows a user to chat, perform mobile searches and share results (including movies, restaurants, and YouTube videos) with all of their Facebook friends as well as other 2ya users over Sprylogics' proprietary protocol.
Sprylogics successfully completed a closed "Friends and Family" Beta for its iPhone version of 2ya and has recently released that version of the application internationally in Apple's App Store. The Company will continue to execute against its compelling roadmap and will be introducing several unique and innovative features to the application in the New Year.
"I am pleased that we have completed our first distribution agreement with PCS" said Marvin Igelman, CEO of Sprylogics. "We are excited about the potential for significant growth in the coming year by way of traditional distribution channels like the App Store combined with distribution partnerships with leaders like PCS."
Sprylogics International develops advanced search and analysis technology. The patent pending technology platform uses Semantic and Machine Learning techniques to process, analyze and interpret unstructured data including real time conversation, in order to extract key sentiments, facts, user interests and intent. The technology platform is currently being used to develop innovative solutions related to search and discovery of products and places on mobile devices. Find out more at www.sprylogics.com or www.2ya.it
About PCS Wireless -
PCS Wireless LLC is a leading expert in sourcing, refurbishing and selling mobile products internationally on the open market. PCS provides services specializing in asset recovery and strategic distribution of mobile products with a roster of over 5,000 global customers. PCS serves manufacturers, carriers and retail partners through channel specific and global open markets for current, end of life ("EOL"), overstocked and returned mobile merchandise. The company provides a host of value added services including device configuration, custom kitting, software programming, inventory management and logistics. The Florham Park, NJ-based company operates an 85,000-sq. ft. warehouse and employs approximately 250 people. More information can be found at www.pcsww.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. 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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