| [July 10, 2008] |
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WordLogic Corporation in Negotiations for Senior Management Changes
VANCOUVER --(Business Wire)-- WordLogic Corporation (OTCBB:WLGC) announced today that in addition to the enforcement of its patents, the Company is also in negotiations with new senior management to take control of the direction the company needs to commercialize its technology.
"In the very near future major management changes will take place that are necessary to build sales and partnerships. I do not want the Company to be perceived as just a patent play," commented Frank Evanshen, WordLogic's President and CEO. "However, since we received our US patent the Company has attracted interest from people with the qualifications in sales, marketing, corporate management and investment banking to make this vision a reality."
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
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.
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