VERB Readies Release Of Much Anticipated Interactive Video Integration With Microsoft Outlook; Offers Expansive Beta Program ...
March 04 2021 - 9:07AM
VERB Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), a rapidly emerging market leader in business-focused
interactive video sales and marketing tools, including livestream
ecommerce, CRM, and content management applications, today
announced that in preparation for the global release of its much
anticipated Microsoft Outlook integration, it will offer small
businesses across the country impacted by COVID-19, free use
through a specially designed beta program.
The VERB integration, developed through VERB’s long-standing
partnership with Microsoft, allows the more than one-billion
Outlook users worldwide the ability to create interactive video
emails at the click of a button, natively in the Outlook toolbar.
Users will have capabilities to add in-video “Buy-It-Now” buttons,
links to schedule appointments, and even controls to download
product literature and media, among many other sales energizing
interactions that can be shared easily through Outlook using their
existing Outlook contacts and Microsoft 365.
Businesses interested in participating in the beta program can
complete the application form here. Selected companies will be able
to use the groundbreaking new features in Outlook for free for an
extended term beyond the beta testing period to help them recover
from the economic effects of COVID. Upon the commercial release,
enterprise and individual users will pay a monthly recurring fee
for use of the VERB features. VERB intends to make this product
integration available globally through Microsoft’s Commercial
Marketplace and Co-Sell program with Microsoft’s field sales.
“Those of you who have been following our progress here at VERB
know that this is truly a meaningful milestone for our company and
potentially, an enormous value creator,” stated VERB CEO, Rory J.
Cutaia. “Let me underscore what this means for ourselves and our
shareholders. This opportunity combines the friction-free,
sales-driving, ecommerce capabilities of our interactive video
technology, with the total addressable market of one billion
Microsoft Outlook users world-wide. Then add to that, our ability
to market this through Microsoft’s Commercial Marketplace, as well
as their Co-Sell program with Microsoft’s field sales.”
“I am especially proud to be able to offer this amazing revenue
producing tool to small businesses and entrepreneurs all over the
country free of charge through our beta program, especially those
that have been so badly impacted by the effects of the pandemic,”
stated Cutaia. “This is just another part of VERB’s firm commitment
to NASDAQ’s public company ESG initiatives. As more and more
companies begin taking responsibility for our society, our country,
and our planet, by adopting and executing environmental, social and
governance programs, we all win together.”
About VERBVERB Technology Company, Inc.
(Nasdaq: VERB) is rapidly emerging as the market leader in
business-focused interactive video sales and marketing tools,
including livestream ecommerce, CRM, and content management
applications. With offices in California and Utah, USA, VERB
provides next-generation software applications to sales-based
organizations in more than 60 countries and 48 languages.
The Company’s proprietary, patented, and patent-pending
technology platform produces real-time, measurable
results, with customers reporting greater than 600% increases
in conversion rates. VERB’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 also integrated
into popular ERP, CRM, and marketing platforms. For more
information, please visit www.verb.tech.
FORWARD LOOKING STATEMENTS This press release
contains forward-looking statements that involve risks and
uncertainties, including statements about the closing of the
offering of common stock. 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 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 September 30, 2020, which
was filed with the SEC on November 16, 2020, 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: 888.504.9929
investors@verb.tech
Media Contact: 855.250.2300, ext.107
info@verb.tech
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