VERB Video Communications and Integrated Sales Tools Gain Traction in Remote Work Environment
October 23 2020 - 8:00AM
VERB Technology Company,
Inc. (NASDAQ: VERB) ("VERB" or the
"Company"), a leader in interactive video-based sales
enablement applications, including interactive livestream
ecommerce, webinar, CRM and marketing applications for
entrepreneurs and enterprises, today announced that the
Company’s Software-as-a-Service sales enablement platform is
continuing to gain traction with corporate clients as remote work,
online selling and at-home business activities becomes the global
norm.
With stay-at-home communications prevalent into the foreseeable
future, we believe that there is growing demand for advanced tools
that can facilitate conversations as well as real-time interaction.
These tools include the ability to share videos and links, such as
‘click to buy’ and ‘click for more info.’ We believe
that VERB’s sales enablement solutions bridge the gap between
effective in-person selling and remote work and communications
interaction by providing powerful interactive video-based features
to its three sales solutions: verbCRM, its customer relationship
management (CRM) tool for sales lead generation and content
management with clickable in-video ecommerce capabilities, which
has been completely integrated into CRM giant Salesforce’s
platform; verbLIVE, its livestream ecommerce and webinar product,
which we believe combines the best features of popular livestream
platforms such as Zoom, Facebook Live and Webex with clickable
in-video shopping capabilities; and verbLEARN, a learning
management system for education and training with clickable
in-video technology.
“Our customers have told us that they have experienced
significant gains in their own customers’ engagement since
deploying our SaaS selling platform,” said Rory J. Cutaia, CEO of
VERB. “In addition to the easy-to-use tools, VERB’s platform
enables sales people to remotely pursue sales efforts with
customers and prospects in a friction-free, video-based setting
that provides a variety of sales-driving features and valuable
real-time viewer engagement data and interaction analytics.
Additionally, we are continuing to attract top talent to our team
that we believe will strongly support our hypergrowth initiatives
going forward.”
About VERB VERB Technology Company, Inc.
(Nasdaq: VERB) transforms how businesses attract and engage
customers. The Company’s Software-as-a-Service, or SaaS, platform
is based on its proprietary interactive video technology, and
comprises a suite of sales enablement business software products
offered on a subscription basis. Its software applications are
available in over 60 countries and in more than 48 languages to
large enterprise and small business sales teams that need
affordable, easy-to-use, and quick-to-get-results sales tools.
Available in both mobile and desktop versions, the applications are
offered as a fully integrated suite, as well as on a standalone
basis, and include verbCRM (Customer Relationship Management
application), verbLEARN (Learning Management System application),
and verbLIVE (Interactive Livestream eCommerce and Video Webinar
application). The Company has offices in California and Utah. For
more information, please visit: www.verb.tech.
FORWARD-LOOKING
STATEMENTSThis press release contains forward-looking
statements that involve risks and uncertainties, including
statements regarding our expectation that remote work, online
selling and at-home business activities is becoming the global
norm; our expectation that stay-at-home communications will be
prevalent into the foreseeable future; our belief that there is
growing demand for advanced tools that can facilitate conversations
as well as real-time interaction; our belief that VERB’s sales
enablement solutions bridge the gap between effective in-person
selling and remote work and communications interaction by providing
powerful interactive video-based features to its three sales
solutions: verbCRM, its customer relationship management (CRM) tool
for sales lead generation and content management with clickable
in-video ecommerce capabilities, which has been completely
integrated into CRM giant Salesforce’s platform; verbLIVE, its
livestream ecommerce and webinar product, which we believe combines
the best features of popular livestream platforms such as Zoom,
Facebook Live and Webex with clickable in-video shopping
capabilities; and verbLEARN, a learning management system for
education and training with clickable in-video technology; and our
belief that continuing to attract top talent to our team will
strongly support our hypergrowth initiatives going forward. These
forward-looking statements involve risks and uncertainties. If any
of these risks or uncertainties materialize, or if any of our
assumptions prove incorrect, our actual results could differ
materially from the results expressed or implied by these
forward-looking statements. These risks and uncertainties include
risks associated with: the COVID-19 pandemic and related public
health measures on our business, customers, markets and the
worldwide economy; our ability to successfully integrate SoloFire’s
operations with our current operations; our plans to attract new
customers, retain existing customers and increase our annual
revenue; the development and delivery of new products, including
verbLIVE; our plans and expectations regarding
software-as-a-service offerings; our ability to execute on,
integrate, and realize the benefits of any acquisitions;
fluctuations in our quarterly results of operations and other
operating measures; increasing competition; general economic,
market and business conditions; and the risks described in the
filings that we make with the Securities and Exchange Commission
(“SEC”) from time to time, including the risks described under the
headings “Risk Factors” and “Management Discussion and Analysis of
Financial Condition and Results of Operations” in our Annual Report
on Form 10-K, which was filed with the SEC on May 14, 2020, as
amended by Amendment No. 1 on Form 10-K/A to our Annual Report on
Form 10-K, which was filed with the SEC on June 4, 2020, and which
should be read in conjunction with our financial results and
forward-looking statements contained therein, and our Quarterly
Report on Form 10-Q for the quarter ended June 30, 2020, which was
filed with the SEC on August 14, 2020, and which should be read in
conjunction with our financial results and forward-looking
statements contained therein. All forward-looking statements in
this press release are based on information available to us as of
the date hereof, and we do not assume any obligation to update the
forward-looking statements provided to reflect events that occur or
circumstances that exist after the date on which they were made,
except as required by law.
Investor Relations
Contact:888.504.9929investors@verb.techMedia
Contact:855.250.2300,
ext.107info@verb.tech
Verb Technology (NASDAQ:VERB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Verb Technology (NASDAQ:VERB)
Historical Stock Chart
From Sep 2023 to Sep 2024