Sylogist Ltd. (TSX:SYZ) is looking for strategic acquisitions. William Wood, Sylogist President and Chief Executive Officer, said "Like buying back our stock, the $4 million paydown of our revolver credit facility in Third Quarter continues to offer us another value creation lever to pull on as Sujeet will detail. And make no mistake, we remain ready to move on strategic acquisitions that make sense.

Our tracker is expanding and discussions with strategic targets are ongoing and we see valuations getting more interesting".