Verb Technology Company,
Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), the leader in interactive video-based sales
enablement applications, including shoppable livestream video,
today announced that ROKNE, manufacturer of powerful and
recreational pickleball paddles that combine style, premium
materials, and quality construction, will host a series of
livestream shopping events on MARKET, VERB’s livestream shopping
platform, beginning on June 2, 2022. The events will be
livestreamed from ROKNE’s storefront on MARKET. You can RSVP here.
ROKNE is a family-owned pickleball brand
inspired by the unparalleled enthusiasm and love for the world's
fastest-growing sport. ROKNE is dedicated to providing the
pickleball community with high-quality products that combine
cutting-edge technology with clean, sleek and vibrant designs.
Pickleball is a paddleball game played with
solid paddles to hit a perforated polymer ball over a net. With two
or four players, pickleball is a cross between several other racket
sports – with a court like badminton, a net like tennis, and
paddles similar to ping-pong. Having a 39.3% growth in participants
over the last two years, pickleball was the fastest-growing sport
in America for the second year in a row, according to The Sports
& Fitness Industry Association (SFIA) 2022 Sports, Fitness, and
Leisure Activities Topline Participation Report.
“We are excited to participate in livestream
shopping events on VERB’s MARKET platform,” said Brian Ivy,
co-founder and CEO of ROKNE. “With 4.8 million people now
playing the sport, the growth of pickleball is unprecedented. More
courts are being built around the country, more tournaments are
being organized, and more social events now revolve around
pickleball. Even traditional broadcast channels are starting to
show professional pickleball matches. Livestream shopping events
provide an opportunity to engage with the audience, educate those
unfamiliar with the sport and answer any questions in real time, so
showcasing ROKNE paddles on MARKET will not only promote our brand
but also contribute to the growth of the sport.”
“I am thrilled to welcome ROKNE to the MARKET
seller community,” said Kate Eckman, VERB SVP of Programming and
Talent Acquisition. “Pickleball represents cross-generational fun
that appeals to families and people of all ages and of varying
skill levels. The sport has gained popularity, despite the
pandemic, largely through online and social media channels. MARKET
is the best way to expand ROKNE’s distribution channel and reach
the rapidly growing number of players, sponsors, investors, and
spectators following the sport, as the company begins to host
livestream events on their MARKET storefront in June.”
About MARKET
MARKET is a 24/7, multi-vendor, livestream
shopping platform designed to host simultaneous livestream shopping
sessions by consumer brands, big-box stores, boutiques,
celebrities, content creators, and influencers selling products and
services across numerous categories.
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB),
the market leader in interactive video-based sales applications,
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 is comprised of a
suite of sales enablement business software products offered on a
subscription basis. Its software applications are used by hundreds
of thousands of people in over 100 countries and in more than 48
languages. VERB’s clients include large sales-based enterprises as
well as small business sales teams, including the sales and
marketing departments of professional sports teams. Of note is its
forthcoming MARKET, a multi-vendor, multi-presenter, livestream
social shopping platform at the forefront of the convergence of
ecommerce and entertainment. With approximately 170 employees and
contractors, the Company is headquartered in Lehi, Utah, and it
also maintains offices in Newport Beach, California.
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FORWARD-LOOKING STATEMENTSThis communication
contains “forward-looking statements” as that term is defined in
the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve risks and uncertainties and
include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or
achievements, and may contain words such as “anticipate,” “expect,”
“project,” “plan,” or words or phrases with similar meaning.
Forward-looking statements contained in this press release relate
to, among other things, the Company's projected financial
performance and operating results, including SaaS Recurring
Revenue, as well as statements regarding the Company's progress
towards achieving its strategic objectives, including the
successful integration and future performance of acquisitions.
Forward-looking statements are based on current expectations,
forecasts and assumptions that involve risks and uncertainties,
including, but not limited to 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. 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.
Investors are referred to our filings with the Securities and
Exchange Commission, including our Annual Reports on Form 10-K,
10-KA, and Quarterly Reports on Form 10-Q, for additional
information regarding the risks and uncertainties that may cause
actual results to differ materially from those expressed in any
forward-looking statement. 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: 888.504.9929
investors@verb.tech
Media Contact: 855.250.2300, ext.107
info@verb.tech
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