TORONTO, June 25 /CNW/ - Sprylogics International Corp. ("Sprylogics" or the "Company") is providing this second bi-weekly default status report in accordance with National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). In its initial default announcement of May 28, 2009 (the "Default Notice"), the Company announced that it will not be filing its audited financial statements for its fiscal year ended January 31, 2009 (the "2008 Financial Statements") and its management's discussion and analysis relating to the 2008 Financial Statements (collectively, the "Required Filings") before the prescribed deadline of June 1, 2009. The Company provided its first bi-weekly default status report on June 12, 2009 (the "First Default Status Report").

As previously announced, the Company made an application to the applicable securities regulators under NP 12-203, requesting that a management cease trade order be imposed in respect of this late filing. On June 2, 2009, the Ontario Securities Commission issued a temporary management cease trade order, which imposed restrictions on all trading in and all acquisitions of the securities of the Company by the Chief Executive Officer and the Chief Financial Officer of the Company for a period of 15 days from the date of such order. On June 15, 2009, the Ontario Securities Commission issued a permanent management cease trade order.

The Company continues to work on closing its previously announced private placement in order to provide sufficient working capital to engage the auditors to complete the 2008 Financial Statements. In the Default Notice and First Default Status Report, the Company announced that it anticipated that it would file the Required Filings by July 15, 2009.