Fobi Incorporates And Launches New Wholly Owned Subsidiary PulseIR 

Rhea-AI Summary

Fobi AI Inc. (FOBI:TSXV, FOBIF:OTCQB) has launched its new subsidiary, PulseIR, aimed at enhancing investor relations through a mobile and data-driven approach. The subsidiary will offer custom contract services and products, generating revenue from annual fees, marketing, and advertising. With the Investor Experience product, public companies can convert unknown investors into engaged shareholders utilizing Fobi’s AI and big data technologies. The recent data from Investor Pass downloads indicates strong engagement, revealing demographic insights about investor participants.

Positive

• Launch of PulseIR to enhance investor relations.
• Revenue generation potential from multiple avenues including license fees and advertising.
• Strong engagement metrics from Investor Pass downloads, with high survey completion rates.

Negative

• None.

PulseIR to deliver a full suite of custom contract services and product offerings designed and specific for the capital markets.

VANCOUVER, BC, April 29, 2022 (GLOBE NEWSWIRE) -- Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the "Company" or "Fobi"), a leader in providing real-time data analytics through artificial intelligence to drive customer and investor activation and engagement, announces the launch of its wholly owned subsidiary PulseIR. PulseIR will not only provide a new data driven and mobile approach to Investor Relations with Fobi’s recently launched Investor Pass product, however PulseIR will also offer and further provide a full suite of custom managed and contract services and additional product offerings. PulseIR will earn revenue from annual license fees, marketing and contract development service fees, media advertising & sponsorship and referral fees. 

Fobi is launching PulseIR to support the company’s latest product, an investor relations platform and it’s release of the Investor Experience, which is a multi-faceted and data driven communication and marketing platform that leverages the power of Fobi’s AI, Big Data and Mobile Wallet Technology. This powerful trio of applications and functionalities will help public companies convert their unknown investors into known investors while being able to engage and improve on their investor relations strategies and communications through the delivery of real time, personalized shareholder communications. 

Fobi VP of Marketing Ian Cameron stated: “PulseIR provides a means to leverage data to create a better understanding of who your investors are and a means to create more personalized, relevant and meaningful communications and engagement. Furthermore, the launch of PulseIR is extremely well-timed as companies struggle with the current challenges in regards to labour shortages and of course the extreme rise in costs of staffing. We will be providing a complete one-stop shop if you will by offering the necessary tools and expertise with our fully managed and contract services.” 

WATCH HOW FOBI IS LEVERAGING THE POWER OF AI, BIG DATA AND MOBILE WALLET TECHNOLOGY TO RAISE THE BAR FOR INVESTOR RELATIONS IN THIS LIVE DEMO OF THE FOBI INVESTOR EXPERIENCE PASS.  THE LINK TO THE WEBINAR IS HERE.

Here is a look into the data that has been collected from the Investor Passes downloaded in the last 48 hours:
502 Total downloads.
95% filled out the survey section. 
Males made up 87% of investor participants. 
40-50 was the largest age demographic.
17% of the downloads were by Accredited Investors.
81% of them have a long-term investment strategy. 
$50,000-$250,000 was the average portfolio size selected.
Energy was selected as the highest level of interest outside of the tech sector.

Fobi CEO Rob Anson stated: “These are very exciting times for us as we continue to drive innovation and deliver transformative solutions across various industries. With today’s launch of PulseIR, we believe it puts us in a very strong position to further add great value in the form of various new lines of revenue. Our goal is to assist in transforming and raising the bar for all stakeholders involved in investor relations and the capital markets world.”

LISTEN TO FOBI CEO ROB ANSON AS HE JOINS DEV SEIDEL FOR THE FOBI INSIDER PODCAST

The Podcast episode can be found here.

For more information on PulseIR please visit www.pulseir.com.

This Press Release Is Available on the Fobi Website, as well as the FOBI Verified Forum On AGORACOM For Shareholder Discussion And Management Engagement.

About Fobi
Fobi is a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. Fobi's unique IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating highly scalable solutions for our global clients. Fobi partners with some of the largest companies in the world to deliver best-in-class solutions and operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism industries.

For more information, please contact:

Fobi AI Inc.		Fobi Website: www.fobi.ai
Rob Anson, CEO		Facebook: @ Fobiinc
T : +1 877-754-5336 Ext. 3		Twitter: @ Fobi_inc
E: ir@fobi.ai		LinkedIn: @ Fobiinc

This news release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi's business and technology; the ability of Fobi to engage with industry participants to achieve its goals; the development of Fobi's technology; and the viability of Fobi's business model. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fobi's control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated, or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity, or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Fobi does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Fobi should be considered highly speculative. There can be no assurance that Fobi will be able to achieve all or any of its proposed objectives.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

FAQ

What is the focus of PulseIR launched by Fobi AI Inc.?

PulseIR focuses on providing advanced investor relations services through data-driven and mobile-based solutions.

How will PulseIR generate revenue for Fobi AI Inc.?

PulseIR will earn revenue from annual license fees, marketing services, advertising, and sponsorship.

What key demographic insights were gained from the Investor Pass downloads?

The Investor Pass downloads revealed 87% male participants, a largest age group of 40-50 years, and 17% were Accredited Investors.

What technologies does PulseIR leverage to improve investor relations?

PulseIR uses Fobi’s AI, big data, and mobile wallet technology to enhance investor engagement.

When was the PulseIR subsidiary launched?

The PulseIR subsidiary was launched on April 29, 2022.