Sprylogics International Corp.-Seventh Default Status Report

TORONTO, ONTARIO, Oct 05 (MARKET WIRE) --
Sprylogics International Corp. ("Sprylogics" or the "Company")(TSX
VENTURE: SPY) is providing this seventh bi-weekly default status report
in accordance with National Policy 12-203 - Cease Trade Orders for
Continuous Disclosure Defaults ("NP 12-203"). In its initial default
announcement of May 28, 2009 (the "Default Notice"), the Company
announced that it will not be filing its audited financial statements for
its fiscal year ended January 31, 2009 (the "Annual Financial
Statements") and its management's discussion and analysis relating to the
Annual Financial Statements (collectively, the "Annual Required Filings")
before the prescribed deadline of June 1, 2009.

As previously announced, the Company made an application to the
applicable securities regulators under NP 12-203 requesting that a
management cease trade order be imposed in respect of this late filing.
On June 2, 2009, the Ontario Securities Commission issued a temporary
management cease trade order, which imposed restrictions on all trading
in and all acquisitions of the securities of the Company by the Chief
Executive Officer and the Chief Financial Officer of the Company for a
period of 15 days from the date of such order. On June 15, 2009, the
Ontario Securities Commission issued a permanent management cease trade
order, which is still in effect.

The Company continues to work on closing its current debenture financing
(as announced in the press release of the Company dated September 21,
2009), which will provide the Company with sufficient working capital to
engage the auditors to complete the Annual Financial Statements. This
debenture financing, which was previously anticipated to close on
September 30, 2009, is now expected to close on October 9, 2009.

The Company previously announced that it anticipated that it would file
the Annual Required Filings by October 30, 2009. However, since the
Company has not closed the above-mentioned debenture financing within the
timeframe originally contemplated, the Company now anticipates that it
will file the Annual Required Filings by November 13, 2009.

As a result of the delay in filing the Annual Required Filings, the
Company has been unable to file, before the prescribed deadline, its
interim quarterly financial statements for the three month periods ended
April 30, 2009 and July 31, 2009, as well as its management discussion
and analysis related thereto (collectively, the "Interim Required
Filings"). The Corporation intends to file the Interim Required Filings
along with the Annual Required Filings on November 13, 2009.

Other than the information set out above, the Company reports that since
the Default Notice and the six subsequent bi-weekly default status
reports (collectively, the "Default Status Reports"): (i) there is no
material change to the information set out in the Default Notice or the
Default Status Reports that has not been generally disclosed; (ii) there
has been no failure by the Company in fulfilling its stated intentions
with respect to satisfying the provisions of the alternative information
guidelines set out in NP 12-203; (iii) there has not been any other
specified default by the Company under NP 12-203; and (iv) there is no
other material information concerning the affairs of the Company that has
not been generally disclosed.

The Company will continue to satisfy the provisions of the alternative
information guidelines under NP 12-203 by issuing bi-weekly default
status reports in the form of news releases so long as it remains in
default of the filing requirements set out above.

About Sprylogics International Corp.

Sprylogics International Inc. develops advanced search, analysis, and
compliance technology. These solutions provide case management tools to
the Fortune 500. Additionally, Sprylogics' products search large amounts
of unstructured data on the web, and in internal corporate databases, and
convert it into more relevant searches for a variety of applications. The
core technology driving Sprylogics' solutions is embedded in the Cluuz
Search Engine platform. Cluuz search results are visually displayed
through patent pending semantic cluster graphs and result in improved
decision-making capabilities. Find out more at www.sprylogics.com, and
www.cluuz.com.

Certain statements in this press release may constitute "forward-looking"
statements which involve known and unknown risks, uncertainties and other
factors which may cause actual results, performance or achievements of
Sprylogics International Corporation (the Company) to be materially
different from any future results, performance or achievements expressed
or implied by such forward-looking statements. When used in this press
release, such statements use such words as "may," "will," "expect,"
"anticipate," "project," "believe," "plan" and other similar terminology.
The risks and uncertainties are detailed from time to time in reports
filed by the Company with securities regulatory authorities to which
recipients of this press release are referred for additional information
concerning the Company, its prospects and the risks and uncertainties
relating to the Company and its prospects. New risk factors may arise
from time to time and it is not possible for management to predict all of
those risk factors or the extent to which any factor or combination of
factors may cause actual results, performance and achievements of the
Company to be materially different from those contained in
forward-looking statements.

Given these risks and uncertainties, investors should not place undue
reliance on forward-looking statements as a prediction of actual results.
The forward-looking information contained in this press release is
current only as of the date of this press release. There should not be an
expectation that such information will in all circumstances be updated,
supplemented or revised whether as a result of new information, changing
circumstances, future events or otherwise.

Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release.

Contacts:
Sprylogics International Corp.
Michael Frank
CEO
(416) 221-5119
Michael@sprylogics.com
www.sprylogics.com

Copyright 2009, Market Wire, All rights reserved.

-0-