Sprylogics Granted Social Networks Patent

• U.S. patent granted for Analysis, Inference and Visualization of Social Networks.

TORONTO, Oct. 21, 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 bolstered its Patent Portfolio with the recent grant of a new patent in the United States for a "Analysis, Inference and Visualization of Social Networks."

United States Patent No. 8,862,622 was granted on October 14, 2014, and it is described as follows:

A method and system for automated generation of social networks. A graphical user interface receives a user query for an entity of interest, and outputs a graphical network showing entities and associations related to the entity of interest. A search engine interface transmits the query to a search engine, and receives references to documents. A named entity extractor downloads a selection of the documents, and generates a list of named entities referenced in the downloaded documents. A network inference module receives each list of named entities, and generates associations between the named entities in each list. An entity matcher operates on the associations to consolidate them in instances wherein differently named entities are determined to be the same named entity, and provides a consolidated list of named entities and associations to the user interface for display as a graphical network.

"This US patent once again strengthens our IP portfolio particularly in the United States and demonstrates the technical and innovative successes of our development team", said Marvin Igelman, CEO of Sprylogics.

That brings the number of patents granted to the Company to thirteen, some of which are granted in multiple jurisdictions.

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 @poynt on Twitter. Download the Poynt App on your smartphone at http://m.poynt.com.

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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.

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