TORONTO, Oct. 24 /CNW/ - Sprylogics International Corp. (TSX Venture: SPY), a provider of intelligence based risk mitigation software and services announced today that the upcoming international conference titled "Money Laundering & Terrorism - Exploring Technological Solutions", will be officially opened by The Honorable Judith Jones-Morgan, Attorney General of St. Vincent and the Grenadines. The conference, hosted jointly by Sprylogics and the Financial Intelligence Unit ("FIU") of the government of St. Vincent and the Grenadines, will take place on the Island of St. Vincent and the Grenadines on November 13-14, 2007.
Sprylogics International Corp. is also pleased to announce that Mr. Brent Baker, a member of the Litigation department at Parsons Behle & Latimer, will also be addressing the conference participants. As a former Special Counsel at the United States Securities and Exchange Commission, Mr. Baker prosecuted a wide range of securities violations, and also served as a Special Assistant United States Attorney for the U.S. Department of Justice. Mr. Baker also has substantial experience counseling financial services entities on anti-money laundering issues.
Over 50 participants from government, law enforcement agencies, and FIU's located in Eastern Caribbean, as well as regional and international financial institutions across seven countries will attend this year's conference.
A number of government agencies in the Caribbean including the FIU's of St. Vincent and the Grenadines, St. Lucia, British Virgin Islands and Cayman Islands are currently using anti-money laundering technology solutions developed by Sprylogics.
About Sprylogics International Corp.
Sprylogics develops intelligence based analytical solutions and content for enhanced risk analysis and investigative research in the regulatory, law enforcement, government, financial services, investment and private sectors. Our technological solutions enable our users to methodically collect, analyze, discover and report large amounts of raw data and transform that data into analyzed and actionable intelligence. Our content solutions enable our users to identify non-obvious financial risks based on the Social Network Analysis of companies, individuals and other entities.
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 Inc. (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 release.
%SEDAR: 00021389E