WordLogic today
announced that it has entered into an agreement involving exclusive rights to
monetize specific patented intellectual property in General Electric’s
portfolio. WordLogic, a predictive intelligence technology company that creates
patented solutions for mobiles, tablets and desktops was approached by GE due
to its leadership position in predictive technologies and foundational patent
portfolio.
Frank Evanshen,
Chief Executive Officer of WordLogic commented, “We are extremely pleased to
start a relationship with such an impressive company that is using the best
technologies to provide solutions in energy, health and home, transportation
and finance.”
The news can only
be referred to as a huge win for Wordlogic. General Electric (NYSE: GE) is a
diversified company with products and services that range from aircraft
engines, power generation, oil & gas production equipment, and household
appliances to medical imaging, business & consumer financing and industrial
products. The company’s global pervasiveness involves 307,000 employees and has
a cumulative market cap that approaches $250 billion dollars.
WordLogic (OTCQB:
WLGC) develops, markets, licenses and sells advanced predictive platform
software designed to accelerate information discovery and text input. The company’s
innovations can operate on a wide variety of devices including smartphones,
PCs, cell phones, Smart TV, media players, automotive navigational systems,
infotainment and game consoles. WLGC’s intellectual property portfolio includes
U.S. and European patents and numerous pending patents.
For more
information about on the company, visit www.wordlogic.com
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