Fluent, Inc. Announces Acquisition of 50% Stake in Winopoly, LLC
April 02 2020 - 9:00AM
Fluent, Inc. (NASDAQ: FLNT), a leading performance marketing
company, announced today that it has acquired a 50% stake in
Winopoly, LLC, a marketplace matching consumers to brands through
rewarded content and interactive experiences. This strategic
investment will bolster Fluent’s ability to provide end-to-end
customer acquisition solutions to a growing roster of top brands.
“We are thrilled to welcome Luciano Rammairone and the team at
Winopoly,” said Ryan Schulke, CEO of Fluent. “With its flagship
media property and impressive live agent capabilities, Winopoly
will enable us to further expand our media footprint and develop
products that deliver more customers to our
advertisers.” Specializing in personalized consumer
engagement, Winopoly will support Fluent in its continued mission
to deliver economically efficient and scalable customer acquisition
solutions across growing digital mediums. “Access to Winopoly’s
media inventory and contact center technology, which enables agents
to work from home, gives Fluent a great advantage in providing
value to existing and future partners,” added Mr. Schulke.“I am
eager and excited to work alongside the Fluent team to enhance and
expand consumer engagement and create new and impactful touchpoints
for Fluent’s loyal consumers and its partners,” said Luciano
Rammairone, Founder and CEO of Winopoly. Luciano Rammairone is an
entrepreneur with over 20 years of experience cultivating and
curating meaningful online marketplaces from startup to growth and
exit. He has founded three successful companies since 1999,
including ClassesUSA, which was sold to Experian Interactive in
2005.
About Fluent, Inc. Fluent, Inc. (NASDAQ: FLNT)
is a leading performance marketing company with an expertise in
creating meaningful connections between consumers and brands.
Leveraging our proprietary first-party data asset of opted-in
consumer profiles, Fluent, Inc. drives intelligent growth
strategies that deliver superior outcomes. Founded in 2010, the
company is headquartered in New York City.
About WinopolyWinopoly, LLC is a
performance-based publishing company that specializes in consumer
engagement through sustainable and productive digital meeting
places bringing buyers and sellers together. We combine
state-of-art art technology and the power of mobile communications
to present impactful product and services opportunities to our
members.
Forward-Looking StatementsThis press release
contains “forward-looking statements,” as that term is defined
under the Private Securities Litigation Reform Act of 1995 (PSLRA),
which statements may be identified by words such as “expects,”
“plans,” “projects,” “will,” “may,” “anticipate,” “believes,”
“should,” “intends,” “estimates,” and other words of similar
meaning. Such forward looking statements are subject to risks and
uncertainties that are often difficult to predict, are beyond our
control and which may cause results to differ materially from
expectations. Factors currently known to management that could
cause actual results to differ materially from those in
forward-looking statements include the following: the retention of
key employees of Winopoly; the ability of Fluent to successfully
integrate Winopoly to achieve expected benefits; the ability to
maintain and grow key Winopoly client relationships; the ability to
develop new products and services and enhance existing ones;
competition; the potential effects of existing and new laws, rules
or regulations; failure to maintain the integrity of systems and
infrastructure through integration; and failure to adequately
protect intellectual property rights or allegations of infringement
of intellectual property rights. Readers are cautioned not to place
undue reliance on these forward-looking statements, which are based
on our expectations as of the date of this press release and speak
only as of the date of this press release. Readers are also advised
to consider the factors under the heading “Forward-Looking
Statements” and “Risk Factors” in the Company’s Annual Report on
Form 10-K, as may be supplemented or amended by the Company’s
Quarterly Reports on Form 10-Q and other SEC filings. The Company
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise, except as required by law.
Contact Information:Investor RelationsFluent,
Inc.(917) 310-2070InvestorRelations@fluentco.com
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