WordLogic Corporation

WordLogic Corporation

August 14, 2013 13:45 ET

UPDATE: WordLogic Wins Second Place in CorpStarter™ North American Venture Contest

Innovative Mini-App Technology, REACH, Recognized on International Stage while Gaining Paramount Access to the Asian Market.

NEW YORK, NEW YORK--(Marketwired - Aug. 14, 2013) - WordLogic (OTCQB:WLGC), the predictive intelligence company that creates patented solutions for mobiles, tables and desktops has won second place out of 78 startup and emerging technology companies competing at the CorpStarter™ North American Venture Contest.

CorpStarter™ Business Accelerator announced WordLogic as the runner-up at the finale event on August 8 in New York, NY. As one of the top competitors, WordLogic gains invaluable investment and business opportunities in Asia, including financially sponsored entrance to the international phase of the competition in the city of Suzhou in the province of Jiangsu, China. Founded in 1999, WordLogic's technology operates across smartphones, tablets, PCs, Smart TVs and other smart devices. We provide a Mini-App technology ("Reach"), which literally 'reaches' into other installed apps on smart devices and pulls in key information without leaving text or email composition screens, allowing users to remain in a single environment while also capturing valuable consumer data.

Charles Lawson, Chief Strategy Officer who represented WordLogic at the event, congratulates all winners of the competition and is honored to represent WordLogic at the competition in China. "We see significant revenue prospects in Asia and especially China for our Reach and iKnowU technologies and we thank the organizers of the event for giving us this opportunity". Mark Dostie, CTO of WordLogic notes that "beginning with the recent success and interest in the Korean version of WordLogic's patented technology and now this validation of the technology and its applicability across Asian language marketplaces WordLogic is committed to expanding aggressively into all Asian marketplaces. Our WordChunkingtechnology alone allows for an almost 300% improvement over other entry methods in recent market tests".

The competition's distinguished panel of judges included Brian Cohen, a professional angel investor and Chairman at New York Angels; Dr. Daxi Li, a tech angel investor and Chairman of Chinese Association for Science and Business (CSAB); Dr. Alan Paau, Vice Provost of Cornell University; Lijie Zhu, Managing Director of Dragon Gate Investment Partners and recipient of Outstanding 50 Asian Americans in Business; Gary Jiang, a senior consultant in financial services and e-Commerce; Harry Krausman, Managing Director and Principal at Cassidy Turley; Joseph Daniels, Managing Partner of Loeb & Loeb; Peter Lau, president of Greenstone Holding Group and Managing Director of Buckman, Buckman & Reid; Tony Chen, Vice President of China Unicom America Operations; and Walter Huang, a VC veteran with 230,000 followers on Sina Weibo.

About WordLogic Corporation

WordLogic Corporation (OTCQB:WLGC) develops, markets, licenses and sells advanced predictive platform software designed to accelerate information discovery and text input. The Company's innovations operate on a wide variety of devices including smartphones, PCs, cell phones, Smart TV, media players, automotive navigational systems, infotainment and game consoles. The Company's intellectual property portfolio includes six-issued U.S. and European patents and three pending U.S. patent applications.

For more information about WordLogic Corporation, visit wordlogic.com. To send a message via Twitter, contact us at twitter.com/wordlogiccorp or visit us on Facebook at facebook.com/wordlogiccorp. WordLogic headquarters are located at 1130 West Pender Street, Suite 230, Vancouver, BC, Canada.

About CorpStarter™

CorpStarter™ is a New York based accelerator for growing companies, with an open application process, taking in earlier stage companies consisting of small teams, supporting them with funding, mentoring, training and office space. As a truly differentiated accelerator, CorpStarter™ collaborates with China's innovation industry parks to host an annual national competition in the United States to handpick the most qualified entrepreneurs.

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