TORONTO, May 27 /CNW/ - Michael Frank, CEO of 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, is pleased to announce the appointment of Kerry Adler to the Company's new advisory board.
Mr. Adler is presently the President, Chief Executive Officer, and the founding shareholder of SkyPower Corp, a Lehman Brothers Company, and Canada's leading renewable energy company.
Prior to founding SkyPower, from 1999 to 2003, Mr. Adler was co-founder, President and Chief Executive Officer of Webhelp Inc., a leading multi-national, 3,500-employee, business process outsourcing company. Mr. Adler also served in various capacities including Chairman (SITEL Canada), and Senior Vice President of SITEL Corporation, a 20,000+ employee CRM company. Previous to SITEL, Mr. Adler served as Executive Vice President, CTC Canadian Telephone Company and President of Corpfon Corp. respectively.
Mr. Adler currently serves on the boards of SkyPower Corp., Newfoundland and Manitoba Wind Energy Partners, SkyCitizens Wind Energy Corp., Ontario Wind Energy Partners, The Argos Foundation, Adler Renewable Energy Fund, The Matthew Coon Come Foundation and acts as an advisor to Mobile Cube Corp., KMX Corp, WiConnect Corp., and the World Wildlife Canada Climate Change Advisory Council. Mr. Adler also is an active member of CanWea and the Québec Caucus.
His recent commendations include President & Chief Executive Officer Canada's Hot 50 Companies (Profit Magazine, September 2003 Edition), Canada's Hottest CEO (Growth Camp Profit 2002) as well as Chief Executive Officer of Canada's Hottest Startup in 2002 (Profit Magazine, September 2002 Edition). Mr. Adler, a former Director, Baron De Hirsch Foundation, was in addition, named Ernst & Young Entrepreneur of the Year Finalist in 1998, and winner of UN Global Young Entrepreneur Award at the 2000 United Nations' 7th World Summit of Young Entrepreneurs
"Kerry's expertise in rapidly growing technology companies, as well as his first hand experience building a human powered search engine, coupled with his proven background in growing and financing cutting edge businesses, will provide the board and management some valuable insight and direction. This will help Sprylogics, as it grows its search and information analysis products into a market leader", says Michael Frank, CEO of Sprylogics International Corp. "We look forward to Kerry's advice and guidance in driving the adoption of Cluuz.com, as a leading semantic search platform in both the enterprise and consumer markets".
Mr. Adler, through one of his family owned and controlled private investment companies, participated in the current financing round of Sprylogics.
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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