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Sprylogics Continues to Bolster its Patent Portfolio with New International Patent Grant
New Patent Granted in Korea for Price Formation in Location-Based Advertising Networks. ...
About this update from Bragg Gaming Group Inc.
[{"type":"text","content":"\n\n\nNew Patent Granted in Korea for Price Formation in Location-Based Advertising Networks.\n\n\nTORONTO, Aug. 11, 2014 /CNW/ - Sprylogics International Corp. (\"Sprylogics\" or the \"Company\") (TSXV: SPY), a technology provider of local mobile search and messaging solutions for consumers and businesses is pleased to announce that it has bolstered its Patent Portfolio with the recent grant of a new patent in Korea for a \"Price Formation in Location-Based Advertising Networks\".\n\nThe Company has a significant family of patents granted related location based advertising.   The total value of the global real-time mobile location-based advertising and marketing market is estimated to grow from $1.66 billion in 2013 to $14.8 billion in 2018, according to a research report from the analyst firm Berg Insight.  This will then correspond to 38.6 percent of all mobile advertising and marketing. \n\n\"With our latest patent we are continuing to protect our IP in the fundamental way that location based advertising works\", said Marvin Igelman, CEO of Sprylogics. \"We are pleased to widen our global reach with this stable of highly relevant, valuable patents in an exploding and lucrative marketing space.  We anticipate obtaining further patent grants in in the future.\"\n\nCurrently that brings the number of patents granted to the Company to 12 (including one notice of allowance), some of which are granted in multiple jurisdictions as follows:\n\n\n\n\nCountry\n\n\nTitle\n\n\nStatus\n\n\nPatent Number\n\n\n\nUS\n\n\nNetwork for Targeting Individual Operating a Microcomputer Regardless of his Location\n\n\nIssued\n\n\n6,970,922 B2\n\n\n\nUS\n\n\nNetwork for Targeting Individual Operating a Microcomputer Regardless of His Location\n\n\nIssued\n\n\n7,539,742 B2\n\n\n\nUS\n\n\nMethod and System for Wireless Message-Based Advertising\n\n\nIssued\n\n\n8,315,178 B2\n\n\n\nUS\n\n\nNetwork for Targeting Individual Operating a Microcomputer Regardless of His Location\n\n\nIssued\n\n\n7,870,229 B2\n\n\n\nCA\n\n\nMulti-Mode Location Based E-Directory Service Enabling Method, System and Apparatus\n\n\nIssued\n\n\n2,600,849\n\n\n\nUS\n\n\nMulti-Mode Location Based E-Directory Service Enabling Method, System and Apparatus\n\n\nIssued\n\n\n7,941,430\n\n\n\nUS\n\n\nSystem, Methods, and Apparatus for Interactive Advertising\n\n\...