Scottsdale 10/17/2014 8:00:00 PM
News / Stocks

QualityStocks News - WordLogic Corp. (WLGC) Patents Anchor Business Model, Fuel Growth

QualityStocks would like to highlight WordLogic Corp. (OTCQB: WLGC). The company has leveraged more than 10 years of advanced R&D to assume its position as a global leader in predictive text input technology. Backed by multiple patents and its predictive engine, WordLogic’s interface is revolutionizing the way individuals and businesses search and communicate on touch screen devices. Furthermore, WordLogic offers a range of licensing options of its technology and patent portfolio.

In the company’s news,

WordLogic has built an extensive intellectual property portfolio of patented, advanced predictive text technology. The company holds four issued U.S. patents, two issued European patents, and five pending U.S. patent applications. These patent protections are critical to the company’s business and demonstrate its growing position in the technology industry.

Fostering continued growth within the predictive text niche, WordLogic is exploring technology and patent licensing opportunities with potential business partners located around the world. Using its patent portfolio and software & APP SDK Kits, WordLogic is focused on collaborating with Android mobile software and tablet app development teams to provide its partners with a company and/or application-specific dictionary with custom-inputted data or vertical market information.

Simply put, WordLogic partners are able to use the company’s software to create dictionaries customized with terminology relevant to their particular industry or trade, such as journalism, medical, engineering, scientific and legal communities – this means no more auto-correct of properly spelled but unrecognized jargon. The result is accurate communication and accelerated productivity.

WordLogic’s technology works by incorporating proprietary Gesturing™ and WordChunking™ features that accelerate typing speeds while reducing the effort needed for accuracy. This interface increased text input on mobile devices by five times, rapidly speeding communication via instant messaging, text messaging, captioning, email and information searching. The company’s iKnowU® keyboard uses state-of-the-art patented technology that becomes more accurate with each use, constantly learning about the user’s style and preferences. Utilizing the WordChunking and Gesturing, iKnowU enables the user to chain together phrases and create whole sentences in a matter of seconds.

Aside from business applications, WordLogic’s text solutions are also utilized as an assistive technology by people living with cerebral palsy, dyslexia, spelling and typing disabilities or other issues that impede effective communication via computer or phone. As earlier mentioned, the company’s iKnowU software adapts to the user by learning text (words, phrases, names, etc.) frequently used by the individual, helping them more effectively communicate on electronic devices, email, instant messaging and more.

Frost & Sullivan recently recognized WordLogic as the recipient of the 2014 North American Enabling Technology Leadership Award for Predictive Keyboard Applications, citing the company’s “technically impressive” WordLogic Predictive Engine and associated products. The market research firm also highlighted WordLogic’s “key competitive advantages” in regard to word and phrase prediction capabilities, context-aware advertising model, and simple integration, among other features.

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.