Adcore Announces Renewal of Microsoft Advertising Agreement for 2022

Rhea-AI Summary

Adcore Inc. has renewed its channel partner agreement with Microsoft for 2022, continuing its participation in the Microsoft Advertising Partner Program since July 2019. The company was elevated to Select Tier status in January 2021 due to its effective technological solutions. CEO Omri Brill emphasized the partnership's value in enhancing clients' market presence. Microsoft representatives acknowledged Adcore's growth and integration efforts. Established in 2006, Adcore is recognized for its digital marketing solutions and has multiple international offices.

Positive

• Renewed channel partner agreement with Microsoft for 2022.
• Elevated to Select Tier status in January 2021 for effective technological solutions.
• Recognized as a fast-growing partner in Microsoft's Advertising Partner Program.

Negative

• None.

TORONTO, ON / ACCESSWIRE / November 29, 2021 / Adcore Inc. (the "Company" or "Adcore") (TSX:ADCO) (OTCQX:ADCOF) (FSE:ADQ) (TSX:ADCO-WT), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way, ("Effortless Marketing"), today announced it has renewed its channel partner agreement with Microsoft. The Company has been part of the Microsoft Advertising Partner Program since July 2019. In January 2021, Adcore was elevated to "Select Tier" status in recognition of its effective technological solutions and ability to drive unique advertisers to Microsoft.

Omri Brill, Adcore's Chief Executive Officer, commented, "Our partnership with Microsoft Advertising has been an effective and valuable tool for our clients and we're excited to continue our collaboration with this premier advertising network. The combination of the Adcore Marketing Cloud's technology and Microsoft Advertising allows our clients to seamlessly enhance their market presence and heighten the visibility of their products and services in the digital marketplace. We look forward to the continued success of this mutually beneficial partnership."

Nigel Leggatt, Director, Partner Sales - EMEA at Microsoft, added, "I'm pleased to see Adcore continue to drive bold efforts around our partnership to expand Microsoft Advertising across their growing customer base. Thanks to the great work by the Adcore team - including full Microsoft product integration across their Adcore Marketing Cloud solution - we continue to see tremendous potential. Given the work over the last 12 months, developing their sales & operations, embracing Microsoft Advertising into the fold, and maximizing value to their end customers - we're thrilled to renew this partnership with Adcore for the 2022 calendar year. Adcore is a fast-growing partner in our program, and I'm excited for this next phase."

ABOUT ADCORE

Adcore is empowering entrepreneurs, advertisers, and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. In addition to being named numerous times on Deloitte's Fast 50 Technology list, Adcore is a certified Google Premier Partner, Microsoft Partner, Facebook Partner and TikTok Partner.

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/ or follow us on LinkedIn

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Company. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements including the potential of the results resulting from the renewal, the growth of Microsoft's customer base and the integration of Microsoft's products with the Adcore Marketing Cloud solution. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For further information please contact:

ADCORE INC.
https://www.adcore.com/investors/

Martijn van den Bemd, GM North America	U.S. Investor Relations John Nesbett/Jennifer Belodeau IMS Investor Relations
Telephone: 647-497-5337	Telephone: 203-972-9200
Email: martijn@adcore.com	Email:jnesbett@imsinvestorrelations.com

SOURCE: Adcore Inc.

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https://www.accesswire.com/675023/Adcore-Announces-Renewal-of-Microsoft-Advertising-Agreement-for-2022

FAQ

What does the renewed partnership with Microsoft mean for Adcore (ADCOF)?

The renewed partnership allows Adcore to continue leveraging Microsoft Advertising to enhance its clients' market presence.

When was Adcore elevated to Select Tier status in Microsoft's Advertising Program?

Adcore was elevated to Select Tier status in January 2021.

How long has Adcore been part of the Microsoft Advertising Partner Program?

Adcore has been part of the Microsoft Advertising Partner Program since July 2019.

What is the significance of the agreement renewal with Microsoft for 2022 for ADCOF?

The renewal signifies ongoing collaboration and support for Adcore's technology integration with Microsoft products.

What services does Adcore provide as part of its digital marketing solutions?

Adcore offers an advertising management and automation platform that helps optimize e-commerce marketing efforts.