DGAP-News: Spectral Completes Transaction for Mobile Search Technology

DGAP-News: Spectral Completes Transaction for Mobile Search Technology

ID: 233129

(firmenpresse) - DGAP-News: Spectral Capital Corporation / Key word(s): Miscellaneous
Spectral Completes Transaction for Mobile Search Technology

26.02.2013 / 07:00

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Spectral Completes Transaction for Mobile Search Technology

SEATTLE-(BUSINESS WIRE)-(26 February 2013) Spectral Capital Corporation,
(FCCN.QB) (F3SN:SG, BE) announced today that has completed a definitive
agreement with Noot, Inc. for control of intellectual property and all
other related assets that the company will develop.

Noot, Inc. is a mobile technology company that is in advanced stages of
creating a proprietary search engine, named 'noot', for people with mobile
smartphones. noot will help people easily find news, social media, photos
and video that match their interests. The technology actually learns what
users like and improves its results over time, providing very personalized
information for the user. A key benefit of noot will be that the search
engine continues to work even when the user is not actively searching and
will discover new and relevant items without prompting, providing more
enhanced and personalized information the next time the user searches for
that topic.

'noot will be a simple, fun and easy way for people to search on their
smart phones. People use their smart phones to search in different ways
than from their PCs or tablets. Today there is not a search tool that
provides a good search experience on smart phones and noot is being
developed for this purpose', stated Jenifer Osterwalder, Spectral President
and CEO.

'Today there are over 1 billion smart phone users while the smart phone
market has a year on year sales growth of over 50% in the United States,
China and India. However, despite the 1 billion current users, there are
over 5 billion mobile phone users, which indicate there is a large upside




for smart phone sales growth. We are very pleased to have Noot, Inc. as our
partner and look forward to a long and prosperous relationship', continued
Osterwalder.

For more information about noot, please visit: www.noot.com

ABOUT SPECTRAL:
Spectral acquires and partners with early stage technology companies that
have the ability to grow into independent public companies. We focus on
identifying markets in which a start up has the opportunity to greatly
enhance or become a complete game changer. We look for technology that is
patentable. Through our knowledge and vast network of professionals from
around the world, as well as our experience as entrepreneurs, we provide
support and encouragement for our portfolio teams and their visions.
Spectral's portfolio teams are consumed and innately passionate about the
development of their ideas.

Contact:
Jenifer Osterwalder
206-262-7820
contact(at)spectralcapital.com


End of Corporate News

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26.02.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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202234 26.02.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 26.02.2013 - 07:00 Uhr
Sprache: Deutsch
News-ID 233129
Anzahl Zeichen: 10393

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