TORONTO and MADISON, WI, Sept. 3 /CNW/ - Sprylogics International Corp.'s (TSX-V: SPY) subsidiary, Devesys Technologies, Inc. (DTI) is pleased to announce that it has signed a license agreement with a global Fortune 500 Health Care Company. The agreement will incorporate Sprylogics' innovative search engine (Cluuz) into DTI's TrakWeb case tracking and investigation solution.
"We are extremely pleased to combine a Cluuz seat license agreement together with our TrakWeb solution for an industry leading health care giant that spans the globe. Cluuz will be instrumental to help the client understand and analyze the social environment and counterfeit activities of criminals in order to protect the integrity and safety of its products. Cluuz has the unique ability to search inside the documents for information showing relationships that point to an active criminal enterprise," said DTI's Vice President, Jim Preysz. "We anticipate further integration of the Cluuz seat license model in more of our Fortune 500 and Fortune 100 clients, given the specific benefits it presents." Preysz added.
Describing the new technology, Sprylogics Chief Technical Officer, Alex Zivkovic said, "The Cluuz search and visualization technology was developed to allow real time analysis and visualization of raw data from multiple sources. This process identifies critical information specified by the user from within structured and unstructured sources automatically. The results are then dynamically charted using our social network charting software, providing an uncluttered view of the extracted information."
TrakWeb and TrakEnterprise form the hub of a comprehensive case tracking and investigation system. Devesys has recently incorporated Cluuz, as an option for TrakWeb 3.0 and will soon offer it for TrakEnterprise 6.5 as well.
About Devesys, Inc.
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Devesys(R) Technologies, Inc., a wholly owned subsidiary of Sprylogics International, Inc., has been developing case management, tracking and reporting systems for Fortune 500 companies since 1995. Its industry-leading analytical tools and reporting capabilities have gained respect and are being used within many Fortune 100 and Fortune 500 tier companies. Devesys has won strong praise for outstanding tracking systems that are easy to use and maintain, and for their responsive support team. Their product line consists of TrakBasic(R), TrakEnterprise(R), and TrakWeb(TM). Find out more at www.devesys.com.
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 Sprylogics International Corporation (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, Ext. 22, michael@sprylogics.com; Jim Preysz, Vice President, Devesys Technologies Inc., (608) 223-1311 ext 205, jimp@devesys.com
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