(Financial Press - Jan 14, 2014) - Consumers all over the world are gravitating towards new methods to efficiently communicate. In an age of digital connectedness, people are more likely to text than talk directly, trading in desktops and laptops for the convenience of smartphones and tablets.
One of the most important parts of this hand-held computing revolution has been predictive applications that can anticipate the needs of users and deliver them relevant and significant information without additional effort. Leading the market with these technologies is British Columbia's WordLogic Corporation (OTCQB:WLGC), the pioneers in predictive technology with patents as early as 1999. Next to be launched from their impressive list is Reach™.
WordLogic has a long history of developing and patenting groundbreaking predictive technologies, having received a multitude of international patents and a host of them still pending. Many Fortune 500 companies have used WordLogic's patents as a basis of their own, while others have licensed WordLogic's patents directly. Today, WordLogic's market-leading predictive iKnowU(NYSE:R) keyboard is the most advanced available for Android, maintaining a consistent 4.5 out of 5 rating from users on the Google Play store.
The iKnowU(R) keyboard has many unique and market leading features. It can predict letters, words, as well as sentence fragments simultaneously. It can learn new words and phrases from its users, making it more personalized with each use. It is also connected to the Cloud, keeping users' devices synced with one another while adding new words from the Internet. Multiple dictionaries allow it to predict in numerous languages including English, Korean, Spanish, German and French. Yet it goes even further by working with domain dictionaries for legal, insurance, medical and other enterprise terms. Its powerful technology assists corporations in entering and managing complex information.
WordLogic has developed Reach(NYSE:TM) to monitor users' text entries and detect when additional information might be useful. This can include contact information, meeting times and places, restaurant reservations, stock quotes, translations, and can even locate restaurants or services for the user. Reach(TM) can provide a whole new level of personal search services by finding directory assistance information for a local plumber or a coupon to save 50% off your next spa visit, all without the user doing any additional typing.
"What we've done is taken the keyboard and built into it a personal search platform, so that everything you do is faster and easier without leaving your current application," explains WordLogic CEO Frank Evanshen. "With Reach(TM), as soon as you type the name of a person while writing an email or text, Reach™ will retrieve the phone number, email and other information for them. If you want to copy it into your message just swipe and click on the items and they are pasted in. Reach(TM) eliminates the lengthy and painstaking process of exiting applications, copying and pasting.
"Reach(TM) is not just a new application or technology - it's a new platform", explains Chief Technology Officer, Mark Dostie. "The Reach(TM) framework can incorporate any number of "mini-apps" which are plugged in to provide any range of new capabilities Co-branded mini-apps will be available to get access to all of your favorite app's data so it can be quickly retrieved and added to your texts and emails in just a few swipes and clicks."
The real game-changer with Reach(TM) is its marketing and advertising potential. Content and products can be exposed to users based on their most recent texts, making advertising non-intrusive because it is both relevant and helpful. It is a goldmine for Internet coupon and directory information companies, a number of which have already partnered with WordLogic.
By providing this service, WordLogic will get paid up to 10% of the purchase price of deals that range from tens to hundreds of dollars. This provides a whole new value proposition for WordLogic and its investors. In addition to a market-leading set of technologies and patents available to sell or license, WordLogic has a whole new revenue stream in advertising and services that is exponentially greater than previous opportunities.
With the release of Reach(TM), WordLogic will be once again on the forefront of predictive technologies in a market whose appetite for such advances is growing rapidly.
To learn more about Reach, contact WordLogic Corporation (OTCQB:WLGC) by calling 1-866-WORDLOGIC / 1-866-967-3564, or via email, firstname.lastname@example.org.
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