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Corporate Update - Mar 13 2009 1:35PM
Friday, March 13, 2009 1:22 PM


TORONTO, March 13 /CNW/ - Sprylogics International Corp. (the "Company") (TSX-V: SPY) announced today that the annual meeting of shareholders of the Company is scheduled to be held on July 30, 2009 in Toronto, Ontario. The Company is currently in default of the requirements of the TSX Venture Exchange since the Company has not held an annual meeting of shareholders within the timeframes required by applicable corporate law and Exchange policy. The disclosure in this news release is being provided at the request of the Exchange.

The Company also announced that Ben Soave has resigned from the Company's board of directors, effective immediately. The Company would like to extend its gratitude to Mr. Soave for his service while on the Company's board.

Sprylogics will look to replace the board vacancy as soon as possible.

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, find the information they are looking for, and convert it into actionable intelligence. The core technology driving Sprylogics' solutions is embedded in the Cluuz Search Engine platform. Cluuz search results are visually displayed through patent pending semantic graphs and result in improved decision-making capabilities. Find out more at 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 of Sprylogics International Corporation (the Company) to be materially different from any future results expressed or implied by such forward-looking statements, supplemented or revised whether as a result of new information, changing circumstances, future events or otherwise.

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.

%SEDAR: 00021389E

(Source: CNW )


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