Global business leader Kenges Rakishev joins advisory board of Sprylogics

Global business leader Kenges Rakishev joins advisory board of Sprylogics 
Rakishev Working to Export Technologies to Russia, Kazakhstan and other CIS 
Countries to Capitalize on the Region's Explosion of Mobile Commerce and 
Foreign Direct Investment 
TORONTO, Oct. 23, 2012 /CNW/ - Sprylogics International (TSXV: SPY) today 
announced the addition of noted global business leader and strategic 
technology investor Kenges Rakishev to its advisory board. In this role, 
Rakishev will work with other thought-leaders on the advisory board, including 
Dennis Miller, Jeff Sagansky, Asim Abdullah, Tony Lacavera, and Jan Klein, to 
provide strategic insights, solidify partnerships and help secure distribution 
agreements worldwide for Sprylogics' mobile solutions. 
In particular, Rakishev plans to leverage his extensive network and high-level 
business dealings in Russia, Kazakhstan and other Commonwealth of Independent 
States countries to help expand Syrologics' reach into those regions and other 
emerging markets. Rakishev, who recently announced multi-million dollar 
investments into TriPlay, Mobli and Net Element International (NASDAQ:NETE), 
is actively working to source technologies abroad and export them to the 
Sprylogics' unique technologies include a Facebook-integrated version of 
Liquid Messaging, which enables users to chat, perform mobile searches and 
share their search results (including movies, restaurants, and local 
businesses) with their Facebook friends as well as other Liquid Messaging 
users over Sprylogics, proprietary platform. The iPhone version of this 
product is currently in Beta stage. 
"Sprylogics' Liquid Messaging solution is very compelling for consumers, 
operators and messaging providers," said Rakishev, who was designated by 
Forbes as one of the 50 most influential people in Kazakhstan. "Sprylogics is 
uniquely positioned to capitalize on the incredible growth of messaging and 
search, both tremendous opportunities in the mobile space." 
Added Rakishev: "I am excited by the incredible growth of technology and 
mobile commerce in Russia, Kazakhstan and other CIS countries. Russia's mobile 
commerce market alone reached $475 million in 2011 and its IT market is 
expected to reach $32 billion in 2013. I look forward to working with 
Sprylogics and other technology companies to source technological innovations 
abroad, export them to the CIS region, and then modify these technologies to 
the fit the unique cultural nuances and needs of the CIS market in order to 
cultivate a spirit of technological innovation in the region." 
Marvin Igelman, CEO of Sprylogics, echoed his sentiments about the 
opportunities in the region: "Without doubt, Kenges' experience, knowledge and 
global network will be invaluable in pursuing partnerships, distribution 
agreements, and consumer adoption in the important Commonwealth of Independent 
States (CIS) and Russian markets and other key markets. The addition of Kenges 
to our advisory board is part of our commitment to align Sprylogics with the 
best and brightest minds and continue to expand our reach and presence 
Rakishev replaces William Kirsh. "We appreciate William's contribution to our 
Advisory Board and look forward to moving ahead with Kenges as part our 
strategic plans," said Igelman. 
About Kenges Rakishev
Kenges Rakishev, a noted global business leader designated by Forbes as one of 
the 50 most influential people in Kazakhstan, is an accomplished investor with 
multiple business interests worldwide. He serves as chairman of the board of 
directors for several companies including SAT & Company (KASE: SATC), a 
diversified industrial holding. Benefitting from Kenges' leadership, SAT & 
Co., which has interests in mechanical engineering, infrastructure projects 
and petrochemical operations as well as plants and projects in Turkey and 
China, has grown from its initial investment of $10K in 2000 to more than 
$500M today. Kenges also is chairman of the board for Kazakhstan Petrochemical 
Industries, the lead operator constructing the first integrated gas chemical 
complex in Kazakhstan, as well as Vyborg Shipyard, one of the largest 
shipbuilding companies in the northwestern region of Russia. He also serves as 
chairman of the board of directors of Net Element International (NASDAQ:NETE), 
a technology driven group in mobile commerce and payment processing, as well 
as in entertainment and culture Internet destinations in Russia and other 
emerging markets. 
About Sprylogics
Sprylogics International develops advanced search and analysis technology. 
The patent pending technology platform uses Semantic and Machine Learning 
techniques to process, analyze and interpret unstructured data including real 
time conversation, in order to extract key sentiments, facts, user interests 
and intent. The technology platform is currently being used to develop 
innovative solutions related to search and discovery of products and places on 
mobile devices. More information is available 
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. 
Cautionary and Forward-looking Statements - Statements contained in this news 
release which are not historical facts are forward-looking statements that 
involve risk, uncertainties and other factors that could cause actual results 
to differ materially from those expressed or implied by such forward-looking 
statements. There can be no assurance that such statements will prove to be 
accurate and actual results and future events could differ materially from 
those anticipated in such statements. All forward-looking statements 
included in this news release are based on information available to the 
Company on the date hereof. The Company assumes no obligation to update any 
forward-looking statements, except as required by applicable securities laws. 
Media Contacts  FOR KENGES RAKISHEV Tyler Sminkey (305) 403-2080, Ext. 114  FOR SPRYLOGICS David Berman, CFO (905) 
761-9200, Ext. 21   
SOURCE: Sprylogics International Corp. 
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-0- Oct/23/2012 13:11 GMT
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