VANCOUVER, BRITISH COLUMBIA–(Marketwire -04/18/12)- Frank Evanshen, CEO of WordLogic Corporation (OTCQB: WLGC.PK – News), a predictive intelligence technology company that markets patented solutions for the mobile, tablet, and computer industry, has appointed Paul Silverstein as the Company’s Chief Operating Officer worldwide.
“With our recent licensing deal of $5 million, reaffirming the validity of our patent portfolio, WordLogic is now well financed to deliver our advanced predictive intelligence platform across multiple technologies and services globally,” states Mr. Evanshen. “And Paul Silverstein has a strong track record of building and leading high performance sales and operational teams, driving international businesses, developing highly-effective strategies, including major restructurings and delivering bottom-line revenue growth.”
Paul Silverstein brings over 20 years of experience with successful management and development of innovative technology companies. Most recently, Mr. Silverstein served as President of a group of professional services and software companies based in India and the United States. He has been a keynote speaker at industry conferences throughout the United States on a multitude of subjects including telecommunications, software, financial transaction monitoring, licensing, and entrepreneurship. Additionally, Paul is recognized as one of the pioneers of the prepaid telephone card industry in North America during the 1990s where he successfully led his company from inception to NASDAQ in three years.
“Paul has demonstrated a track record of success with launching companies globally. Most recently in India, he spearheaded a recruitment software company as well as a security consulting company joint venture both headquartered in Mumbai,” remarked Frank Evanshen. “With India being one of the largest mobile markets in the world, and Paul’s experience there, we feel he can help us monetize this huge and fertile opportunity for our platform solutions.”