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http://www.wordlogic.com
July 19, 2011 09:00 AM Eastern Daylight Time 

Joe Flicek is Retained as Licensing Executive for WordLogic Corporation

Former DataTern CEO and Director of New Ventures at Columbia University has Generated More Than 50 Patent Licensing Deals

VANCOUVER--(BUSINESS WIRE)--WordLogic Corporation, a provider of advanced predictive text software for smartphones, PC’s and other devices, has announced that Joseph Flicek, a leading technology and patent licensing strategist and President of Blake Technologies, Ltd, has been retained to serve as Licensing Executive.

“WordLogic Corporation’s predictive text input innovations along with second level searching capabilities are well-timed for the rapidly growing smartphone market”

Mr. Flicek served as Director of New Ventures at Science & Technology Ventures at Columbia University from 1996-2001. The New Ventures Office helped to start 46 companies; 41 of these collectively raised almost $1 billion in venture and public market financings and are still active. Columbia is the top university for patent licensing with average annual earnings of $150 million and over $1.5 billion since 1983.

“Joe has a proven track record of identifying innovative technologies, leveraging strong patents and valuable know-how and negotiating successful licensing transactions,” said Frank Evanshen, CEO and Chairman of WordLogic Corporation. “WordLogic is pleased to be working with him.”

“WordLogic Corporation’s predictive text input innovations along with second level searching capabilities are well-timed for the rapidly growing smartphone market,” said Mr. Flicek, who has experience in venture capital and technology company management. “I look forward to a long and productive relationship.”

Mr. Flicek also co-founded and served as CEO of DataTern, Inc., a database software licensing and technology company that acquired strategic patents. Under his leadership DataTern went from zero revenues in 2007 to over $5 million in 2008, its first full year of operations. In 2009, DataTern had revenues of over $7 million and net income of $1.5 million, and had more than 25 licensees.

Previously, he was Managing Director of Amphion Innovations plc, a UK-based technology venture capital and private equity fund, and either served on the board of or played a part in managing several other technology start-ups. At WordLogic Mr. Flicek will be working closely with Michael D. Flom, Senior Vice President of Mobile Technology.

About WordLogic

WordLogic Corporation (OTC: WLGC.PK) develops, markets, licenses and sells advanced predictive text software designed to accelerate text entry and search. The company’s innovations operate on a wide variety of communications devices, including smartphones, PC’s, cell phones, Internet TV, media players, automotive, and infotainment and game consoles. WordLogic offers its Intelligent Input™ keyboard on desktop PCs and smartphones. The company’s intellectual property portfolio includes six issued U.S. and European patents and three pending U.S. patent applications. For more information please visit www.wordlogic.com.

Forward-looking Statements

Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements and are subject to risks and uncertainties. See WordLogic's filings with the US 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.

Contacts

Brody Berman Associates
Bruce Berman, +1-212-683-8125
bberman@brodyberman.com

Recent Stories from WordLogic Corporation

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    WordLogic Intelligent Input™ Technology is Made Available for License
    August 11, 2011
    VANCOUVER, Canada--(BUSINESS WIRE)--Unique Predictive Text Input is Ideal for text-hungry Smartphones, Tablets, and other Consumer Electronics Devices more »
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