PeerLogix Announces Extension of Evaluation and Test Agreement with a Fortune 100 Company
January 10 2017 - 8:47AM
InvestorsHub NewsWire
SOURCE: PeerLogix, Inc.
|
NEW YORK, NY--(NewMediaWire - Jan 10, 2017) - PeerLogix,
Inc. (OTC
PINK: LOGX), an advertising technology and data
aggregation provider, today announced the extension of its
evaluation and test agreement with a client that is a Fortune 100
company ("Client"). This extension marks the onset of the second
half of the Client's evaluation and signifies the successful
conclusion of Phase 1. This Client retains one of the highest
levels of market share within the digital advertising industry and
has spent several billion dollars building their marketing
offering, both through acquisition and organic means. The Client is
now interested in further investing into the Entertainment and
Digital Media vertical and has stated PeerLogix's ability to offer
significant over-the-top data at scale on a domestic and
international basis has led to this consideration.
William Gorfein, CEO of PeerLogix, stated, "Following the recent
conclusion of Phase 1, we are pleased at the Client's decision to
advance in the evaluation." Mr. Gorfein concludes, "PeerLogix has
the ability to provide over-the-top audience data in all major and
mid-major markets in the world, and now the evaluation with this
Fortune 100 company will be principally focused on the considerable
presence we have within global markets. We look forward to sharing
more information from this agreement and potentially others in our
pipeline as they continue to progress."
About PeerLogix
PeerLogix is an advertising technology and data aggregation company
providing a proprietary software as a service, or SAAS, platform
which enables the tracking and cataloguing of over-the-top
viewership and listenership in order to determine consumer trends
and preferences based upon media consumption. PeerLogix's patent
pending platform collects over-the-top data, including IP addresses
of the streaming and downloading parties (e.g., location), the
name, media type (whether movie, television, documentary, music,
e-books, software, etc.), and genre of media watched, listened or
downloaded, and utilizes licensed and publicly available
demographic and other databases to further filter the collected
data to provide insights into consumer preferences to digital
advertising firms, product and media companies, entertainment
studios and others.
Forward-Looking Statement
Certain of the statements contained in this herein include future
expectations, contain projections of results of operations or
financial condition or state other "forward-looking" information.
The information contained in this includes some statements that are
not purely historical and contain "forward-looking statements," as
defined by the Private Securities Litigation Reform Act of 1995,
that involve risks and uncertainties. Such forward-looking
statements include, but are not limited to, statements regarding
the Company's and its management's expectations, hopes, beliefs,
intentions or strategies regarding the future, including the
Company's financial condition and results of operations. In
addition, any statements that refer to projections, forecasts or
other characterizations of future events or circumstances,
including any underlying assumptions, are forward-looking
statements. The words "believe," "expect," "anticipate," "intend,"
"estimate," "may," "should," "could," "will," "plan," "future,"
"continue," and other expressions that are predictions of or
indicate future events and trends and that do not relate to
historical matters identify forward-looking statements. These
forward-looking statements are based largely on the expectations or
forecasts of future events, can be affected by inaccurate
assumptions, and are subject to various business risks and known
and unknown uncertainties, a number of which are beyond the control
of management. Therefore, the actual results could differ
materially from the forward-looking statements contained in
PeerLogix forward-looking statements.
CONTACT INFORMATION
Contact:
William Gorfein
Chief Executive Officer
PeerLogix, Inc.
(646) 598-4640
[email protected]
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