TORONTO, April 29 /CNW/ - Sprylogics International Corp. (the "Company" or "Sprylogics") (TSX-VENTURE: SPY), a developer of next generation semantic search technologies and intelligence-based risk mitigation software and services, announced today the beta version launch of its Cluuz(TM) semantic search engine at www.cluuz.com
Unlike traditional key word based search engines, Cluuz searches are driven by entities, people, and their related social networks. Cluuz leads to detailed search results that dramatically assist in decision making through patent pending semantic graphs that understand the meaning within the information. Results from searches conducted on the Cluuz platform are displayed as text results, as well as, easy to understand visual charts.
The Cluuz search platform is based on the Company's original intelligence-based risk mitigation software, which has been deployed and used, by a number of financial organizations and regulatory agencies.
The Cluuz search platform is the next step in the evolution of the Company's search technologies and intelligence-based risk mitigation software solutions which includes the capability to conduct searches of both internal databases and external Web sources in real time. This functionality will serve both consumers and corporations by allowing for increased relevance and understandable, diagrammed information, when searching the crowded and ever-growing amount of unstructured data available on the Web.
During the week of April 21st, the Sprylogics team attended Web 2.0 Expo in San Francisco. Leading technology companies in the Internet space and specifically, social networking - an area where the Cluuz search platform can play an important role, attended the Expo.
While at the show, the Company conducted a number of Cluuz demonstrations to potential partners in both the consumer and enterprise search segments. The demonstrations were well received, and discussions with a number of US-based and International partners are underway.
About Sprylogics International Corp.
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Sprylogics International Inc. develops advanced search, analysis, and information display tools and services. These solutions enable users to search large amounts of unstructured data on the Web, and in internal corporate databases, and convert it into actionable intelligence. The core technology driving Sprylogics' solutions is embedded in the Cluuz Search Engine platform, which enables both consumers and corporate users to methodically search the Internet and internal corporate resources and find the information they are looking for. Cluuz search results are visually displayed through patent pending semantic graphs and result in improved decision making capabilities. To find out more, visit www.sprylogics.com, and www.cluuz.com.
Certain statements in this press release may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this press release, such statements use such words as "may," "will," "expect," "anticipate," "project," "believe," "plan" and other similar terminology. The risks and uncertainties are detailed from time to time in reports filed by the Company with securities regulatory authorities to which recipients of this press release are referred for additional information concerning the Company, its prospects and the risks and uncertainties relating to the Company and its prospects. New risk factors may arise from time to time and it is not possible for management to predict all of those risk factors or the extent to which any factor or combination of factors may cause actual results, performance and achievements of the Company to be materially different from those contained in forward-looking statements. Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. The forward-looking information contained in this press release is current only as of the date of this press release. There should not be an expectation that such information will in all circumstances be updated, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise.
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For further information: Sprylogics International Corp., Michael Frank, CEO, (416) 221-5119, or michael@sprylogics.com
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