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or Name
USA
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Brisio Innovations Inc
Symbol BZI
Shares Issued 18,734,978
Close 2016-08-23 C$ 0.11
Market Cap C$ 2,060,848
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ORIGINAL: Brisio Innovations Invests in Spark Software

2016-08-24 08:47 ET - News Release

(via Thenewswire.ca)


VANCOUVER, BRITISH COLUMBIA / TheNewswire / August 24, 2016 -- Brisio Innovations Inc. (CSE: BZI) (PINKSHEETS: NTCEF) (the " Company ") is pleased to announce that it has completed an investment in Allur Group Inc. dba Spark Software ("Spark").

The Company has subscribed for 523,332 shares, at a price of $0.15 per share, for a total purchase price of $78,500 (the "Purchase Price").

Spark , a Vancouver- based start-up bridging the real estate and technology sectors, develops software for selling, marketing and managing new development real estate , from pre-sale condos and single family homes to master -planned communities. The company's platform tracks and manages close to $10 billion of inventory (new developments) for its clients worldwide. Spark plans to expand into other countries, focus on research & development and acquire new talent.

Spark's vertical market software is currently used in more than six countries and manages hundreds of new home projects . In 18 months, the company has experienced an average monthly growth of 30 per cent.

With headquarters in Vancouver, one of the world's hottest housing markets, the company started to secure local accounts with some of the city's leading developers. Their first U.S. client was a popular New York -based company whose online and mobile app gives real- time national data to potential home buyers and renters. The high- profile account attracted the attention of developers in Eastern Canada and soon co-founders Simeon Garratt and Co dy Curley were writing contracts with national and global developers, brokerages, home builders and marketing agencies. Spark's client list includes four of the top 10 new development brokerages in New York , a prominent developer in the United Kingdom with an extensive portfolio in central London and a Vancouver developer with 40 towers expected to be built within the next 10 years.

Paul Andreola, President of Brisio Innovations states, "We are quite excited with the opportunity to invest in a very rapidly growing local start up at this early stage. Management have proven themselves to be very skillful in their early execution of their business strategy as evidenced by their high profile clients and high rate of growth. We look forward to their continued performance and further success," added Andreola.

Brisio Innovations Inc.
Paul Andreola

President, CEO and Director
(604) 644-0072
www.brisio.com,

About Spark Software

Spark is a software platform designed for selling marketing and managing new development real estate. Built for real estate developers and marketing agencies, Spark provides total control over the sales process, while generating intelligent data and reporting. Spark's focus on the user experience makes it simply the easiest and most efficient platform for project marketing. Spark's technology brings value to its users by incorporating sales and marketing tools for the entire product life cycle of a new property - from listed homes and lead generation to customer conversation, inventory tracking, contract tracking, email marketing solutions and event management resources.- For more information visit: https://spark.re/

About Brisio Innovations

Brisio Innovations Inc. invests its capital in companies and opportunities which management believes are undervalued and have potential for significant appreciation. The company makes investments in both public and private markets and focuses on opportunities in a wide variety of industries excluding the resource and resource service sectors. Brisio does not invest on behalf of any third party and it does not offer investment advice.

Disclaimer for Forward-Looking Information Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding potential future investments by the Company. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's actual results to differ materially from those expressed or implied by the forward looking statements .

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