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TheStreet Open House

Sprylogics Signs Agreement With Parkopedia To Integrate Parking Data Into Poynt

Enables monetization via 28 million spaces in 40 countries through Poynt App and Poynt-Enabled SDK

TORONTO, Dec. 17, 2013 /PRNewswire/ - Sprylogics International Corp. ("Sprylogics") (TSXV: SPY), a technology provider of local mobile search and messaging solutions for consumers and businesses has signed an agreement with Parkopedia, the world's leading parking information provider to integrate Parkopedia's extensive parking location data into Sprylogics' Poynt App and Poynt-Enabled SDK.

Parkopedia has detailed information on 28 million parking spaces in 6,300 cities from 40 countries. Poynt users will be able to find parking information near where they are searching for places, without leaving the App including exact parking locations, parking entrances, hours of operations, prices, user reviews, and the ability to pay for parking (in selected locations) from their Smartphone.

"We are excited about this integration with Poynt's local mobile search products," says Parkopedia's CEO Eugene Tsyrklevich. "Sprylogics is an innovator in mobile local search solutions, and this partnership expands the usage of our information, putting it in the hands of millions of mobile users that are interacting with the Poynt App and Poynt Enabled SDK."

"With Parkopedia, Sprylogics continues bringing the best local search data to our Poynt users and Poynt-Enabled partners," says Marvin Igelman, CEO of Sprylogics. "This popular and useful local content enhances our search functionality and is a catalyst for multiple revenue opportunities."

Poynt users will have access to integrated parking information within their search results for restaurants, event locations, businesses, or any places they are looking for, all seamlessly within search and share functionality. Sprylogics and Parkopedia expect the integration to be completed in the coming months.

Sprylogics aggregates content that ranges across the most commonly used searched subjects (video, restaurants, movies, coupons, events, businesses, people, weather), enabling users to discover, view, discuss, share movies, restaurants, videos, make reservations, find the lowest gas prices, save with local offers, book events, add to their calendar, all "without leaving the app."

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