Thursday, June 19, 2014

WordLogic Corp. (WLGC) Business Model Provides Significant Partnership Revenue Opportunities

More than 200,000,000,000,000 (two hundred trillion) text messages are received in America every single day, according to Griffin Technology. That’s a lot of zeroes, and more messages than an entire year’s worth of regular mail received in America. What this means for Vancouver-based WordLogic, a patent-holding provider of predictive text input technology, is an astounding opportunity to participate in a key niche of the $1.45 trillion mobile phone industry.

WordLogic 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, ranging from smartphones to PCs, and automotive navigational systems to game consoles.

Chosen as a Top 5 pick at the CTIA (Wireless Association) Las Vegas 2013, WordLogic’s technology is part of the company’s intellectual property portfolio of U.S. and European patents and numerous pending patent applications.

iKnowU, the company’s award-winning keyboard, is a feature-rich, patented technology that learns the user as it goes, becoming more accurate at predictive text with each use. WordChunking™ and Gesturing™ features enable the user to quickly chain together phrases and create whole sentences in a matter of seconds.

Earlier this month, WordLogic said it was invited to build an iOS 8 version of the iKnowU keyboard with its Reach™ technology, creating potential for WordLogic to partner with industry behemoths such as Apple. The new iOS 8 version is expected to grow WordLogic’s advances in technology to a market of more than 1 billion iOS devices.

Specifically for business applications, WordLogic has created a suite of offerings that cater to the individual needs of a variety of sectors, including healthcare, utilities, legal and consumer electronics. Backed by 10 years of research and development, the technology is powered by a cloud-based company dictionary that enables company/industry-specific words and phrases to be centrally managed and updated to sync across each worker’s electronic devices. This streamlines communication, boosts accuracy and productivity, and accelerates user speed.

WordLogic’s range of mobile offerings creates the opportunity for multiple revenue streams for the company itself as well as industry partners. WordLogic is currently pursuing joint-ventures with applications that have already amassed significant followings, and in May announced that it was in discussions with a mobile app provider to increase its revenues by integrating the Reach™ Advertising Search into its mobile platform.

WordLogic continues to seek additional partnership revenue opportunities, catering to a rapidly increasing population of mobile phone users and businesses looking to capitalize on the compounding industry growth.

For more information, visit www.wordlogic.com

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