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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/06/12 -- WordLogic Corporation (OTCQB: WLGC) - On November 30, 2012, the Company inadvertently issued a press release announcing the resignation of Mr. Frank Evanshen as the Company's CEO and President and the appointment of Mr. Paul Silverstein as his successor. However, this press release was issued in error as the Company's board of Directors had yet to hold any meeting regarding the change in the Company's executive officers. The Board of Directors intends to convene in the near future to consider these matters, however until such time that the Board is available to meet, Mr. Evanshen remains as the Company's CEO and President. Following the meeting of the Board the Company will make an announcement relating to these matters, if necessary.
Mr. Evanshen commented, "The Company apologizes for this inadvertent announcement and will undertake to ensure that such mistakes don't happen in the future. Also, we apologize for any confusion that this may have caused."
About WordLogic Corporation
WordLogic Corporation (OTCQB: WLGC) develops, markets, licenses and sells advanced predictive platform software designed to accelerate information discovery and text input. The Company's innovations operate on a wide variety of devices including smartphones, PCs, cell phones, Smart TV, media players, automotive navigational systems, infotainment and game consoles. The Company's intellectual property portfolio includes six issued U.S. and European patents and three pending U.S. patent applications.
For more information about WordLogic Corporation, visit www.wordlogic.com. To send a message via Twitter contact us at www.twitter.com/wordlogiccorp or visit us on Facebook at www.facebook.com/wordlogiccorp. WordLogic headquarters are located at 1130 West Pender Street, Suite 230, Vancouver, BC, Canada.
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:
WordLogic Corporation
Investor Relations
+1.866.WORDLOGIC (main office)
IR@WordLogic.com
www.wordlogic.com
Media Contacts
For the US:
Leigh-Anne Varney, Oxygen US
+1 (415) 962 7652
leighanne@oxygen-rp.com
For the rest of the world:
Valentina Ciolino, dimoso
+44 (0) 207 033 2660
valentina@dimoso.com
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