Sprylogics and Groupon collaborate to bring offers to Poynt App

Enabling Groupon deal offers near you through Poynt App and Poynt-Enabled SDK

TORONTO, Oct. 22, 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 affiliate agreement with Groupon (NASDAQ:GRPN), a global leader of local commerce and the place you start when you want to buy just about anything, anytime, anywhere.  Poynt will integrate Groupon's vast marketplace of unbeatable deals enabling Poynt App and Poynt-Enabled SDK users to discover the best a city has to offer on mobile with Groupon Local.

Groupon serves 500 markets and more than 45 countries including major geographic markets in the United States, Canada and the United Kingdom. Poynt users will be able search, find and purchase thousands of local deals all without leaving the App.  Features include daily deals, food & drink, travel, things to do and more.  Users will be able to complete fast and secure deal purchases directly from their Smartphone.

"We look forward to offering Groupon's daily and local deals and purchase process in Poynt's local mobile search products. This integration expands the consumer experience and benefits to millions of mobile users that are interacting with the Poynt App and Poynt Enabled SDK.  With Groupon Sprylogics continues bringing the best local search data to our Poynt users and Poynt-Enabled partners," says Marvin Igelman, CEO of Sprylogics. "This world class and extensive local content continues to bolster our functionality with the Offers icon and is another catalyst for user transactions and multiple revenue opportunities."

Sprylogics aggregates content that ranges across the most commonly used searched subjects (hotels, restaurants, movies, coupons, events, businesses, people, video and 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 Sprylogics

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 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 laws.

SOURCE: Sprylogics International Corp.

Sprylogics International Corp., David Berman, CFO, [phone], Ext. 21, [email protected], www.sprylogics.com