Zoomd Provides Additional Information Regarding its Investor Relations Activities

Rhea-AI Summary

Zoomd Technologies Ltd. (OTC: ZMDTF) shared further details about its Investor Relations activities on February 10, 2021. The company has entered into a 4-month agreement with A-LABS for a monthly fee of $35,000, without equity compensation. A-LABS currently holds securities of Zoomd and may acquire more. This partnership aims to enhance investor engagement as Zoomd, founded in 2012 and trading on the TSX Venture Exchange since September 2019, offers a sophisticated marketing technology platform, optimizing user acquisition for advertisers.

Positive

• The partnership with A-LABS aims to enhance investor outreach.
• Zoomd's platform integrates over 600 media sources, streamlining user acquisition for advertisers.

Negative

• None.

VANCOUVER, BC, Feb. 10, 2021 /PRNewswire/ -- Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the marketing tech (MarTech) user-acquisition and engagement platform, is providing additional information on its Investor Relations activities.

Further to the Company's press release issued February 8, 2021, the Company is providing additional information on the Company's arrangement with A-LABS. Under the agreement between A-LABS and the Company (the "A-LABS Agreement"), the Company has agreed to pay A-LABS a fee of $35,000 plus applicable taxes, per month. A-LABS will not receive any common shares or options as compensation. A-LABS currently owns securities of Zoomd; in the future, A-LABS and its clients may acquire additional securities of the Company.

The Agreement with A-LABS has a term of 4 months unless otherwise agreed by the parties in writing. Either party is being able to terminate the agreement upon a ten days' notice to the other party.

About Zoomd

Zoomd (TSXV: ZOMD) (OTC: ZMDTF), founded in 2012 and began trading on the TSX Venture Exchange in September 2019, offers a site search engine to publishers, and a mobile app user-acquisition platform, integrated with a majority of global digital media, to advertisers. The platform unifies more than 600 media sources into one unified dashboard. Offering advertisers, a user acquisition control center for managing all new customer acquisition campaigns using a single platform. By unifying all these media sources onto a single platform, Zoomd saves advertisers significant resources that would otherwise be spent consolidating data sources, thereby maximizing data collection and data insights while minimizing the resources spent on the exercise. Further, Zoomd is a performance-based platform that allows advertisers to advertise to the relevant target audiences using a key performance indicator-algorithm that is focused on achieving the advertisers' goals and targets.

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

For further information please contact:
Amit Bohensky
Chairman
Zoomd
ir@zoomd.com

Investor Relations
Lytham Partners, LLC
Ben Shamsian
New York | Phoenix
ZOMD@lythampartners.com
7133778

 

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SOURCE Zoomd Technologies Ltd.

FAQ

What is the purpose of the A-LABS Agreement for Zoomd Technologies?

The A-LABS Agreement aims to enhance investor relations activities for Zoomd, with a monthly payment of $35,000.

How long is the A-LABS Agreement valid?

The A-LABS Agreement has a term of 4 months, with provisions for termination by either party with ten days' notice.

What kind of services does Zoomd provide?

Zoomd offers a marketing platform that integrates over 600 media sources, focusing on user acquisition and engagement.

When did Zoomd start trading on the TSX Venture Exchange?

Zoomd began trading on the TSX Venture Exchange in September 2019.

What is the stock symbol for Zoomd Technologies on OTC?

The stock symbol for Zoomd Technologies on OTC is ZMDTF.