(1888PressRelease)
March 08, 2008 - TORONTO and MADISON, WI., - Sprylogics International Corp. (TSX-VENTURE: SPY), announced today that its wholly owned U.S. subsidiary, Devesys Technologies Inc. ("DTI") has signed a multiple license agreement with a Fortune 500 Company to provide its TrakWeb 2.0 case management software to their human resource department. This new client, with over 62,000 employees, is a leading provider of diversified business process and information technology outsourcing solutions to commercial and government in more than 100 countries worldwide.
"We are pleased to add this industry leading global Fortune 500 Company to our list of clients. Like numerous other Fortune 100 and Fortune 500 companies using our technology, they have chosen DTI's innovative case tracking and reporting system, TrakWeb 2.0 allowing them to have many users connected to a single central database no matter where they are located," said DTI's Vice President, Jim Preysz.
Devesys' tool set forms the hub of a comprehensive compliance system, connecting compliance officers with other departments, external services, and upper management. 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 is currently in the process of adding Sprylogics' social networking analysis software as an option to its flagship TrakEnterprise 6.0 and TrakWeb 2.0 product lines. This added capability will provide Devesys' clients with powerful decision making tools that will enable them to better understand and utilize the information collected within their compliance systems.
This most recent agreement is the result of DTI's continued marketing campaign to become the pre-eminent provider of comprehensive compliance systems to leading companies in the United States.
About Sprylogics International Corp.
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.
About Devesys, Inc.
Devesys, Inc., a wholly owned subsidiary of Sprylogics, has been developing case management, tracking and reporting systems for Fortune 500 companies since 1995. Devesys provides a tracking system that is easy to use, and maintain, with a responsive installation support team to back it up. In addition, Devesys' expertise in case tracking issues and related industries has won strong praise from the Ethics and Compliance marketplace. Devesys continually strives to improve the quality of its products by constantly upgrading its software to ensure the best of class capabilities in tracking, and reporting systems in the industry. Devesys' product line consists of TrakBasic(R), TrakEnterprise(R), and TrakWeb(TM). Find out more and view an online "demo" at www.devesys.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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SOURCE: Sprylogics International Corp.
Sprylogics International Corp.,
Michael Frank,
CEO,
(416) 221-5119 or
michael ( @ ) sprylogics dot com
