Wishpond Announces New Sales Email AI

Rhea-AI Summary

Wishpond Technologies Ltd. announces the launch of Sales Email AI, a new feature of PersistIQ, their outbound sales solution. Sales Email AI aims to provide personalized email responses to potential clients, enhancing sales communications. The AI tool is user-friendly and practical, targeting small and medium-sized businesses.

• Wishpond's Sales Email AI saves time and improves productivity by generating personalized, tailored email responses. 
• The new Sales Email AI will be available to customers using Wishpond's outbound sales solution, PersistIQ.

VANCOUVER, BC, Sept. 26, 2023 /PRNewswire/ - Wishpond Technologies Ltd. (TSXV: WISH) (OTCQX: WPNDF) (the "Company" or "Wishpond"), a provider of marketing-focused online business solutions, is pleased to announce the launch of Sales Email AI. Engineered to deliver tailored responses to emails from potential clients, Wishpond anticipates that Sales Email AI will provide its users a level of personalization that sets it apart from traditional automated responses. Designed to elevate and streamline sales communications, Sales Email AI will be a new feature of PersistIQ, Wishpond's outbound sales solution.

"We are thrilled to introduce the Sales Email AI as a new feature of our PersistIQ solution," said Ali Tajskandar, CEO of Wishpond. "By harnessing the power of artificial intelligence, we are aiming to enable sales teams to communicate with customers more effectively and efficiently than ever before, resulting in a significant enhancement to our PersistIQ platform. Sales Email AI marks Wishpond's fourth product launch leveraging the capabilities of AI, and we look forward to sharing additional AI integrated marketing solutions in the future."

To utilize Sales Email AI, customers of PersistIQ and Propel IQ simply need to connect their business email account to PersistIQ, answer a questionnaire designed to influence the artificial intelligence's (AI) interactions with prospects and customers, and then install PersistIQ's Google Gmail extension. The installation of PersistIQ's extension into Gmail will then embed the AI responder into the business's email account. Furthermore, by continually learning from user interactions, Sales Email AI is expected to refine its capabilities over time, with the intent that each response will be finely tuned to meet the unique needs and preferences of the recipient.

Nick Steeves, the General Manager of PersistIQ, commented, "We envision our users seamlessly integrating this powerful tool into their daily operations, as a new method to streamline and improve their approach to sales communications. In addition, our development team has worked diligently to develop this feature so that it is not only cutting-edge, but also user-friendly and highly practical, with aims to solidify its place as an indispensable tool for small and medium-sized businesses."

Sales Email AI is available to customers. For more information, please visit: https://www.persistiq.com/ai/.

Wishpond Technologies Ltd.
"Ali Tajskandar"
Chairman and Chief Executive Officer

About Wishpond Technologies Ltd.

Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond is a leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company's Propel IQ platform offers an "all-in-one" marketing suite that provides companies with marketing, promotion, lead generation, ad management, referral marketing, sales conversion, and outbound sales automation capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions, including an AI powered website builder, and continues to add new features and applications. The Company employs a Software-as-a-Service (SaaS) business model where most of the Company's revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker "WISH", and on the OTCQX Best Market under the ticker "WPNDF". For further information, visit: www.wishpond.com.

Cautionary & Forward-Looking Statements

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

This press release may contain certain forward-looking information and statements ("forward-looking information") within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including, without limitation, statements relating to the potential success and business results from the Sales Email AI feature, statements regarding the ease of integration of the Sales Email AI feature with existing infrastructure used by the Company's customers and the ability of the Sales Email AI to learn from interactions, containing the words "believes", "anticipates", "plans", "intends", "will", "should", "expects", "continue", "estimate", "forecasts", "schedule" and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company's control, including, but not limited to, risks associated with the protection of intellectual property of the Company, risks associated with the market reception towards AI technology, risks associated with the ability of the Sales Email AI feature to integrate with existing technologies used by the Company's clients, and the risk factors discussed in the public disclosure documents of the Company which such risk factors are incorporated herein by reference and are available through SEDAR+ at www.sedarplus.ca. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

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SOURCE Wishpond Technologies Ltd.