Message #1 From:
NewsBot Date: February 27, 2007 06:00:00 AM
WLGC News WordLogic Retains Financial Advisor -- Mr. Gordon Friesen
VANCOUVER, British Columbia--(BUSINESS WIRE)--WordLogic Corporation (OTCBB:WLGC), a leading-edge developer and licenser of advanced multilingual predictive text input software, announced today it has retained Mr. Gordon Friesen to act as an advisor to access capital for the Company.
Friesen will provide WordLogic with access to an extensive database of investors, stock brokers, and money managers and will make introductions to potential funding sources for the Company’s software development and patent-application activities. He will also coordinate WordLogic’s presence in the investment community as well as professional sales support from his team of technology professionals.
Mr. Friesen will arrange bridge financing for the Company to satisfy its working capital requirements followed up by a major financing. The terms of these will be disclosed in due course.
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.
Gordon Friesen is a seasoned merchant banker and has raised millions of dollars for both private and public technology companies.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." "Forward-looking statements" are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions "may," "could," or "might" occur.
