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Metro One Announces a Strategic Marketing Agreement with Direct Accounting Management Ltd.

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Metro One Telecommunications (OTC PINK:WOWI) announced a strategic cooperation agreement between its subsidiary, Stratford Ltd., and Direct Accounting Management Ltd. (Invoice4U). This partnership allows Invoice4U to market the Shelf.io Mobile App Builder to its customer base, enhancing mobile commerce solutions. The agreement is expected to increase Shelf.io's market share while providing Invoice4U's customers with additional services. The collaboration will begin this month, capitalizing on Invoice4U's extensive client base of over 30,000 users. Both parties aim to leverage their technologies to drive engagement and sales.

Positive
  • Strategic partnership with Invoice4U to market Shelf.io Mobile App Builder.
  • Partnership expected to increase market share for Shelf.io.
  • Invoice4U has a strong customer base of over 30,000 clients.
  • Enhanced product offerings for Invoice4U's customers.
Negative
  • None.

SHERIDAN, WY / ACCESSWIRE / March 21, 2023 / Metro One Telecommunications, Inc. (OTC PINK:WOWI) ("Metro One" or the "Company") announced today that its wholly-owned Israeli subsidiary, Stratford Ltd. ("Stratford"), signed a strategic business cooperation agreement with Direct Accounting Management Ltd. ("Invoice4U") under which Stratford will grant Invoice4U a license to market the Shelfy.io Mobile App Builder ("Shelfy.io") to their customers.

Metro One Telecommunications, Inc., Wednesday, March 22, 2023, Press release picture

By entering into this agreement, the Company believes Shelfy.io will be able to meet the growing market demand for mobile commerce solutions and increase its market share, while Invoice4U will offer their customers an increased range of services and products. The agreement with Invoice4U will commence this month.

Invoice4U is an Israeli company that generates invoices for over 30,000 customers through friendly, intuitive, easy, and green systems.

Taly Shifer Friedlander, the CEO at Invoice4U, said "the Invoice4U system allows you at any time and from any device to follow business data, manage customers, issue invoices and pay off credit. Companies are more successful when managers have easy access to their business data. It is our top priority to adapt our technological solutions to the needs of our customers and ensure their satisfaction. With the Shelfy.io mobile commerce platform, our customers can engage their users and drive e-commerce success."

Anat Basat, VP of Growth at Stratford, commented, "we're thrilled to have signed another marketing agreement and we aim to sign more as we expand our sales channels. Through our patented mobile platform, we hope to increase our market share and provide Invoice4U customers with a powerful sales channel."

Ami Bukris, Stratford's CEO, added that "Shelfy's mobile commerce with a patented interface improves conversion rates by 2-4 times compared to a website. We are seeing an increase in sales, higher conversion rates, and fuller baskets for our customers, and this is just the beginning. We are developing features that will take the shopping experience to an entirely different level."

About Metro One Telecommunications, Inc.

Metro One is the parent company of Israel-based Stratford Ltd., which operates Shelfy.io (www.shelfy.io), a next-gen, instant mobile commerce platform enhanced with a proprietary digital advertising media suite tool. The platform enables online retailers to rapidly leverage existing customer data for an interactive shopping experience - without coding. Shelfy.io empowers businesses to grow their customer retention, engagement, and their revenues, with minimum hassle.

Forward-Looking Statements

This press release includes "forward-looking statements." Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements. In addition, any statements that refer to other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, future capital requirements, regulatory actions or delays and other factors that may cause actual results to be materially different from those described or anticipated by these forward-looking statements. The foregoing list of factors is not exclusive. For a more detailed discussion of these factors and risks, investors should review Metro One's Registration Statement on Form S-1 filed with the Securities and Exchange Commission on February 11, 2022, as amended. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.

Contact Information

Jacqueline Danforth
30 North Gould Street
Suite 2990
Sheridan, WY 82801
Office: 403-693-8004
Email: info@metro1telecomm.com

SOURCE: Metro One Telecommunications, Inc.



View source version on accesswire.com:
https://www.accesswire.com/744999/Metro-One-Announces-a-Strategic-Marketing-Agreement-with-Direct-Accounting-Management-Ltd

FAQ

What is the recent announcement by Metro One Telecommunications (WOWI)?

Metro One announced a strategic business cooperation agreement with Direct Accounting Management Ltd. to market the Shelf.io Mobile App Builder.

How will the partnership with Invoice4U benefit Metro One (WOWI)?

The partnership is expected to increase Shelf.io's market share and provide Invoice4U's customers with enhanced mobile commerce solutions.

When does the agreement between Metro One and Invoice4U start?

The agreement will commence in March 2023.

How many customers does Invoice4U serve?

Invoice4U serves over 30,000 customers.

What is Shelf.io in relation to Metro One (WOWI)?

Shelfy.io is a mobile commerce platform developed by Stratford Ltd., a subsidiary of Metro One, offering solutions to enhance online shopping experiences.

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