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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