- Enables monetization via 28 million spaces in 40 countries
through Poynt App and Poynt-Enabled SDK
TORONTO,
May 26, 2014 /CNW/
- Sprylogics International Corp. ("Sprylogics") (TSXV:
SPY), a technology provider of local mobile solutions for
consumers and businesses is pleased to announce that its award
winning consumer App 'Poynt' is first to launch Parking Services
with Amazon's Kindle Fire and Apps for Android Stores.
Through its partnership with Parkopedia, the world's leading
parking information provider, Sprylogics will offer its first
integrated extensive parking location service as a search function
of its 'Poynt' App, via Amazon. Current market estimates
indicate that Amazon's Kindle accounts for over one third of the
global Android tablet market, with significantly higher penetration
in North America, making it a world class player with a major
user base going well beyond content reading to search, plan, map
and share information every day.
"Sprylogics continues to bring the best local
search experience to our Poynt users and Poynt-Enabled SDK
partners," says Marvin Igelman, CEO of Sprylogics. "This
popular and useful parking information content enhances our search
capacities and provides immediate customer value. It is a
catalyst for multiple revenue opportunities."
Parkopedia has detailed information on 28 million
parking spaces in 6,300 cities from 40 countries. Poynt users will
be able to find parking information near where they are searching
for places, without leaving the App including exact parking
locations, parking entrances, hours of operations, prices, user
reviews, and the ability to pay for parking (in selected locations)
from their Smartphone.
"We are excited about being a valuable piece of
Poynt's app and SDK strategy," says Parkopedia's CEO Eugene
Tsyrklevich. "Sprylogics is an innovator in mobile local search
solutions, and this partnership expands the usage of our
information, putting it in the hands of millions of mobile users
that are interacting with the Poynt App and Poynt Enabled SDK."
Amazon's Kindle Fire and Android Smartphone users
will have access to Poynt's integrated parking information within
their search results for restaurants, event locations, businesses,
or any places they are looking for, all seamlessly within search
and share functionality.
Sprylogics aggregates content for Poynt App and
Poynt Enabled SDK that ranges across the most commonly used and
searched subjects (video, restaurants, movies, coupons, events, gas
prices, businesses, people and weather). Adding parking services to
these searches will enable its users to discover, view, discuss,
share movies, restaurants, videos, make reservations, book events
and now even find a parking place, all "without leaving the
app."
About Parkopedia
Parkopedia is the world's leading parking
information provider used by millions of drivers and companies such
as Audi, BMW, Volvo and Toyota. Parkopedia provides detailed
information on over 28 million parking spaces in 40 countries
around the world, allowing drivers to find the closest parking to
their destination, tells them how much it will cost and whether the
space is available. Parkopedia can be accessed online, as a mobile
app and also inside car navigation devices.
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 Sprylogics
at 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.