NowVertical Group Inc. (TSX-V: NOW) (“
NOW” or the
“
Company”), a big data, analytics and vertical
intelligence (“
VI”) software and solutions company
is pleased to announce the creation of a new partnership with
Talkwalker Inc.(“
Talkwalker”) through its NOW
Affinio business unit, which is intended to provide audience
insights for marketing teams. NOW is also pleased to announce the
official launch of a new shopper insights product in conjunction
with Ibotta, Inc. (“
Ibotta”) to leverage turnkey
shopping analytics to understand motivations, unravel trends, and
decode elements of shopper behavior in seconds.
NOW Affinio and Talkwalker – Driving
Real-Time Social Insights
Through a strategic partnership with Talkwalker,
the consumer intelligence company, NOW is pleased to announce that
NOW Affinio and Talkwalker are working together to round out
strategy for marketing and PR teams looking to maximize campaign
impacts and ROI. Combining the power of Talkwalker’s social
listening and consumer intelligence with NOW’s affinity-based
segmentation and personification will help customers tackle deep
analysis in real-time, enabling brands to visualize the pulse of
thousands of real-life ‘respondents’ without the time delay and
bias associated with traditional surveys, polls, and panels. The
resulting understandings provide practical tools for gauging the
size of the most vocal voices, identifying specific interests, and
revealing where to reach engaged audiences.
"We are excited to be partnering with an
innovative company as innovative as NOW Affinio in bringing the
real power of social intelligence to our customers," said Jake
Gardner, VP of Ecosystem Development at Talkwalker. "As brands and
marketers seek to reach engaged audiences to enhance their reach
and maximize the impact for their messages when used in tandem, our
solutions make deep analysis actionable in real-time."
NOW Affinio and Ibotta – Shopping
Analytics in Seconds
NOW also announced today the launch of a new NOW
Affinio solution in partnership with Ibotta, allowing subscribers
to access turnkey shopping analytics generated by more than five
million U.S. shoppers. Customers using the self-serve platform can
access competitive shopper insights, understand motivations,
unravel trends, and decode specific elements of shopper behavior in
a fraction of the time typically needed when using internal Data
Science teams or multiple vendor solutions. NOW’s customers can
identify trends among target segments, determine customer loyalty,
see which products are leading in their category, and provide
basket analysis.
"Our partnerships with Talkwalker and Ibotta
allow us to collaborate with industry leaders to create new
offerings and solutions that meet the needs of our marketing and
retail customers. These new products and solutions will help
vertically intelligent organizations focus their paid and organic
content to better target the consumers that are most receptive to
their offering, driving product awareness, sales, and customer
retention," said Daren Trousdell, Chairman and CEO of NOW.
Share Issuance Satisfying Acquisition
Obligations
The Company will issue 115,000 subordinate
voting shares (“Shares”) to Paddy Byrne (“Mr. Byrne”) at a price of
C$0.69 per share, in satisfaction of an existing debt owing from
Exonar Ltd. to Mr. Byrne, subject to receipt of the final
acceptance from the TSX Venture Exchange. Additionally, as
disclosed in the Company’s press release dated July 6, 2022,
pursuant to a share purchase agreement dated October 19, 2021, as
amended on June 30, 2022, the Company issued an aggregate of
1,561,298 Shares to Whitecap Venture Partners, Round13 Capital and
Build Ventures as deferred consideration for the Company’s
previously announced acquisition of Affinio Inc. Further details
concerning the issuance can be found in NOW’s press release dated
July 6, 2022.
About NowVertical Group
Inc.
NOW is a big data, analytics and VI software and
solutions company growing organically and through acquisition.
NOW's VI solutions are organized by industry vertical and are built
upon a foundational set of data technologies that fuse, secure, and
mobilize data in a transformative and compliant way. The NOW
product suite enables the creation of high-value VI solutions that
are predictive in nature and drive automation specific to each
high-value industry vertical. For more information about the
Company, visit www.nowvertical.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as defined in the policies of the TSX
Venture Exchange) accept responsibility for the adequacy or
accuracy of this release.
For further information, please contact: Daren Trousdell, Chief
Executive Officere: daren@nowvertical.comt: (212)
302-0868
or
Glen Nelson, Investor Relationse: glen@nowvertical.comt: (403)
763-9797
Forward‐Looking Statements
This news release may contain forward‐looking
statements (within the meaning of applicable securities laws) which
reflect the Company's current expectations regarding future events.
Forward-looking statements are identified by words such as
"believe", "anticipate", "project", "expect", "intend", "plan",
"will", "may", "estimate" and other similar expressions. These
statements are based on the Company's expectations, estimates,
forecasts and projections and include, without limitation,
statements regarding the future success of the Company's
business.
The forward-looking statements in this news
release are based on certain assumptions. The forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to control or predict.
Several factors could cause results to differ materially from those
discussed in the forward-looking statements. Therefore, readers
should not rely on any such forward-looking statements. Further,
these forward-looking statements are made as of the date of this
news release and, except as expressly required by applicable law,
the Company assumes no obligation to update or revise any
forward-looking statement publicly, whether as a result of new
information, future events or otherwise.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a03ea275-d571-4504-9b5e-bd4dc3586bf2
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