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Sprylogics' Subsidiary, Devesys Technologies and United Launch Alliance Announce Agreement
Published Aug 20 2008
5 min read

Sprylogics' Subsidiary, Devesys Technologies and United Launch Alliance Announce Agreement

TORONTO, DENVER, CO and MADISON, WI, Aug. 20 /CNW/ - Sprylogics International Corp.'s (TSX-V: SPY), subsidiary, Devesys Technologies, Inc. (DTI) is pleased to announce that it has signed a multiple license agreement with United Launch Alliance LLC (ULA), a joint venture of The Boeing Company and Lockheed Martin Corporation, for the existing TrakEnterprise system. This will enable users throughout ULA to collaborate on issues and cases on an enterprise-wide basis.

"We are pleased to add United Launch Alliance to our list of clients. Like numerous Fortune 100 and Fortune 500 companies using our technology, they have chosen DTI's innovative case tracking and reporting system, TrakEnterprise, 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 has recently incorporated Sprylogics' social networking analysis software, Cluuz, as an option for TrakWeb 3.0 and will soon offer it for TrakEnterprise as well. This added capability will provide Devesys' clients with powerful decision making tools that will enable them to understand and utilize the information collected within their compliance systems more completely.

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. Devesys has won strong praise from the Ethics and Compliance marketplace for outstanding tracking systems that are easy to use and maintain, and for their responsive support team. Devesys continually improves the quality of its products with periodic upgrades to ensure best of class capabilities in case tracking, management, and performance metrics. Devesys' product line consists of TrakBasic(R) TrakEnterprise(R), and TrakWeb(TM). Find out more at www.devesys.com.

About ULA

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Formed in 2006, ULA combines the successful Delta and Atlas expendable launch vehicle programs to offer cost-effective and reliable launch services to U.S. government customers, including the Department of Defense, NASA, the National Reconnaissance Office and other organizations. ULA program management, engineering, test and mission support functions are headquartered in Denver, Colo. Manufacturing, assembly and integration operations are located at Decatur, Ala., Harlingen, Tex. and San Diego, Calif. Launch operations are located at Cape Canaveral Air Force Station, Fla., and at Vandenberg Air Force Base, Calif. For more information, please visit www.ulalaunch.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 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.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.

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