TORONTO, March 22, 2012 /CNW/ - Sprylogics International Corp. - TSX Venture: SPY ("Sprylogics" or the "Company") is pleased to announce the addition of
two more industry leaders to its Advisory Board. The Company welcomes
William Kirsh and Jan Klein.
"We're very pleased to add two Advisory Board members with key expertise
and knowledge, to our team of advisors. William has deep roots in
media, mobile and internet sectors and has achieved great success in
these areas and Jan brings a highly analytical and technical
perspective that is valuable in our strategic plans and evaluation of
opportunities going forward. These gentlemen complement our existing
team of advisors as we move forward and continue to execute our
strategic plan. I look forward to their input", said Marvin Igelman,
Chief Executive Officer of Sprylogics.
William Kirsh is the founder of Primedia, which is South Africa's 2nd largest media group and the only major media group to have emerged in
post-apartheid South Africa. It is also one of the most diversified
media groups in the world.
He established the group in 1994 and was the CEO from inception, until
he resigned to pursue family and other interests in August 2009. The
group was delisted from the Johannesburg Stock Exchange (JSE) in
September 2007, in a transaction valued at $1 billion having grown from
$20 million when first established.
William is now currently CEO of a new group, Value + Network, which he
recently established to consolidate another fragmented sector of the
South African market which embraces inter alia, internet and mobile
technologies and platforms.
Prior to establishing Primedia, William worked at Shearson Lehman Hutton
in New York in mergers and acquisitions (1988 to 1991), and on his
return to South Africa in 1991, established a boutique private equity
business, which led him to secure control, in 1993, over a cash shell
listed on the JSE, renamed Primequity, which then became his vehicle to
build Primedia. In 2005, William was nominated as one of South
Africa's finalists in the Ernst & Young World Entrepreneur Awards.
Jan has been both a venture capitalist and operating executive who has
spent over 25 years in the telecommunications, media and technologies
space. He is an Executive in Residence at Stevens Institute of
Technology's Howe School of Technology management and is general
partner at PSK and THP LLC's, advising early stage technology companies
and financial institutions. Prior to this Mr.