Verb Adds Market Leader Stream Energy to Growing Client Roster
April 25 2019 - 8:00AM
VERB Technology Company, Inc. (NASDAQ: VERB)
(“VERB
”), a leader in business-focused interactive
video sales and marketing applications and the pioneer of Augmented
Sales Intelligence software, announces that it has added direct
selling market leader Stream Energy (“Stream”) to its client
roster. A provider of energy, wireless, and protective home
services in seven states and Washington DC, Stream has grown into
one of the largest direct selling companies in the global energy
market.
Stream represents one of the first clients to adopt the newly
combined digital platform launched immediately following the
successful closing of Verb’s recent acquisition of Utah-based Sound
Concepts, the leading provider of sales tools for the direct
selling industry. A next-generation digital platform that combines
the best of Sound Concepts’ Brightools technology and Verb’s
interactive video technology, this new platform has been designed
specifically to meet the needs of the direct selling
industry.
Stream unveiled its launch of Stream Share, its custom designed
version of Verb’s new digital platform, at the Ignition 2019 event
on April 11-13, 2019. Stream Share incorporates Verb’s industry
leading interactive video functionality which will enable thousands
of Stream’s independent sales associates to create their own custom
video content with clickable ‘taggs’ embedded directly into the
video allowing customers and prospects to respond to Stream reps in
real-time, right through the video, increasing engagement and
conversion rates far beyond other products available in the market
today. Stream’s independent sales associates will utilize the new
digital platform to easily share video-based product and company
information with current and prospective clients and track their
engagement resulting in a more efficient and effective sales
process and shorter sales cycle.
“The highlight of the event was the launch of the Stream Share
app which provides our Independent Associates with powerful and
entirely unique tools to build their business with greater
efficiency and enjoy success in ways never before seen,” commented
George Pinon, Stream’s Vice President of Information Technology.
“Particularly exciting was the release of the system’s interactive
video functionality. This feature allows our Independent Associates
to create their own custom video content while embedding custom
links to their personal website right in the video. This is a
highly professional and developed product that will continue to
distinguish Stream as a forward-thinking leader within the direct
sales industry.”
“We’re particularly proud that Stream chose our new digital
platform to empower its Independent Associates with the most
effective sales tool in the industry,” stated McKinley Oswald,
President of Verb’s Direct Sales Division. “We look forward to
working with Stream and delivering the tools that will help them
stay at the forefront of the industry.”
About Stream Stream (Stream Energy) is a
leading direct selling company and provider of energy and wireless
services. Founded in 2005, Stream’s innovative use of direct
selling revolutionized the energy industry, growing into one of the
largest direct selling companies in the global energy market.
Today, Stream Energy Services offer simple plans with competitive
pricing to power homes and businesses in Texas, Georgia,
Pennsylvania, Maryland, New Jersey, New York, Illinois, Delaware,
Ohio and Washington, D.C. Stream Wireless is available
nationwide.
About VERB Technology Company, Inc.VERB
Technology Company, Inc. is rapidly emerging as the market leader
in sales and marketing applications utilizing its proprietary
interactive video data collection and analysis technology.
Following its successful acquisition of Utah-based Sound Concepts,
the leading provider of digital tech-based marketing and customer
relationship management applications for the direct sales, network
marketing and affiliate marketing industries, the newly combined
company provides next-generation customer relationship management
(“CRM”), lead generation, and video marketing software applications
under the brand name TAGG. The Company’s proprietary and
patent-pending technology produces real-time, measurable results
with customers reporting greater than 600% increases in conversion
rates. The Company’s software-as-a-service (SaaS) products are
cloud-based, accessible on all mobile and desktop devices, and are
available by subscription for individual and enterprise users. The
Company’s technology is integrated into popular ERP, CRM, and
marketing platforms, including Oracle NetSuite, Adobe Marketo, and
integrations into Salesforce.com, Odoo, and Microsoft, among others
are underway. To create and ‘tagg’ your own videos that you can
share and post to social, try taggLITE, available
for FREE on our website.
For more information, please visit:
www.myverb.com
Cautionary Note on Forward-Looking
StatementsThis press release may contain “forward-looking”
information within the meaning of the Private Securities Litigation
Reform Act of 1995. In accordance with the safe harbor provisions
of this Act, statements contained herein that look forward in time
that include everything other than historical information, involve
risks and uncertainties that may affect the Company’s actual
results. There can be no assurance that such statements will prove
to be accurate and there are a number of important factors that
could cause actual results to differ materially from those
expressed in any forward-looking statements made by the Company,
including, but not limited to, plans and objectives of management
for future operations or products, the market acceptance or future
success of our products, and our future financial performance. The
Company cautions that these forward-looking statements are further
qualified by other factors including, but not limited to, those set
forth in the Company’s Annual Report on Form 10-K for the fiscal
year ended December 31, 2018, and other filings with the U. S.
Securities and Exchange Commission (available at www.sec.gov). The
Company undertakes no obligation to publicly update or revise any
statements in this release, whether as a result of new information,
future events, or otherwise.
Contact Please address media inquiries to:
info@myverb.com 855.250.2300, extension 7
Please address investor inquiries to: investors@myverb.com
855.250.2300, extension 2
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