VANCOUVER, British Columbia, Jan. 21, 2009 (GLOBE NEWSWIRE) -- WordLogic Corporation (OTCBB:WLGC) announced today that a comprehensive technical evaluation is in the process of completion and will be finished over the next 3 to 4 weeks.
This evaluation examines the Company's patents and potential royalty streams. It also examines the technology, it's versatility in terms of vertical applications and their marketability value. This report will prove beneficial in WordLogic's discussions with existing financial partners. The Company's goal is to be sufficiently financed so that it can execute its business models.
Furthermore, the Company is in preliminary discussions with US-based merger and acquisition groups. These discussions although premature will set the stage for any acquisition or mergers in the near future.
About WordLogic Corporation
WordLogic Corporation is a technology company that delivers predictive interface solutions for computing devices ranging from small hand-held devices such as PDAs to laptops and tablet PCs to conventional desktop computers. Incorporated in the United States, the company's research, testing and marketing facilities are located in Canada.
For more information, please visit www.wordlogic.com
Forward-Looking Statements
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See WordLogic Corporation's filings with the Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.