NEW YORK, NY -- October 26, 2021 -- InvestorsHub NewsWire
-- Logiq,
Inc. (OTCQX:
LGIQ, NEO:
LGIQ), a global provider of award-winning consumer acquisition
solutions, reported its Logiq Consumer Marketplace (LCM) advanced
scoring system for customer acquisitions is driving its new
customer program offering ramp-up.
"Our advanced scoring technology provides a highly effective way
to indicate which media buying programs work and help to win new
customers," stated LCM president, Haig Newton. "We believe it
allows us to manage media buys more effectively than our
competitors."
LCM serves a number of high-value customers and brands across a
diverse range of industries, from dozens of smaller players to a
multi-billion-dollar publicly traded company.
"We offer major brands, agencies and traffic partners a deep
understanding of the type of customer they are looking to identify
and win and why it works," continued Newton. "This allows us to
effectively craft a custom consumer experience that produces highly
targeted results. We can scale this solution across any market that
uses the web for finding new customers."
Logiq has been using its advanced scoring technology as a
consumer acquisition company for years. It is one of the nation's
leading providers of prospects for life, auto, home and Medicare
insurance, creating intent to purchase. The first-party data
gleaned from this client's campaigns has continually enhanced LCM's
consumer profiles. LCM can offer this, for example, to its more
than two million consumer profiles in the Medicare insurance market
who are up for enrollment later this year.
"We plan to expand our Medicare market again during this year's
enrollment period," said Charles Phillips, SVP of Growth for LCM.
"Using our scoring, intelligence and data, we know where to market
quickly and what our buyers want for quality. This gives us a leg
up against our competition.
"We solve a lot of pains in advertising with this combination.
These new buyer wins are just the beginning of a more aggressive
customer acquisition strategy."
About Logiq
Logiq Inc. is a U.S.-based leading global provider of e-commerce
and fintech business enablement solutions. Its DataLogiq (LCM+LDM)
business provides a data-driven, end-to-end marketing and consumer
acquisition solution. Its AI-powered LogiqX™ data engine delivers
valuable consumer insights that enhance the ROI of online marketing
spend and personalization. The company's Fixel technology offers
simplified online marketing with critical privacy features.
In its AppLogiq business, Logiq's platform-as-a-service, branded
as CreateApp™, enables small- and medium-sized businesses worldwide
to easily create and deploy a native mobile app for their business
without technical knowledge or background. CreateApp™ empowers
businesses to reach more customers, increase sales, manage
logistics, and promote their products and services in an easy,
affordable, and highly efficient way.
CreateApp™ is offered in 14 languages across 10 countries and
three continents, including some of the fastest-growing emerging
markets in Southeast Asia. The company's PayLogiq, branded as
AtozPay™ in Indonesia, offers mobile payments, and GoLogiq, branded
as AtozGo™ in Indonesia, offers hyper-local food delivery services.
Connect with Logiq: Website | LinkedIn | Twitter | Facebook.
Important Cautions Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
and information, as defined within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 and is subject to the Safe Harbor created by
those sections. This press release also contains forward-looking
statements and forward-looking information within the meaning of
Canadian securities legislation that relate to Logiq's current
expectations and views of future events. Any statements that
express, or involve discussions as to, expectations, beliefs,
plans, objectives, assumptions or future events or performance
(often, but not always, through the use of words or phrases such as
"will likely result", "are expected to", "expects", "will
continue", "is anticipated", "anticipates", "believes",
"estimated", "intends", "plans", "forecast", "projection",
"strategy", "objective" and "outlook") are not historical facts and
may be forward-looking statements and may involve estimates,
assumptions and uncertainties which could cause actual results or
outcomes to differ materially from those expressed in such
forward-looking statements. No assurance can be given that these
expectations will prove to be correct and such forward-looking
statements included in this press release should not be unduly
relied upon.
These statements speak only as of the date of this press
release. Forward-looking statements are based on a number of
assumptions and are subject to a number of risks and uncertainties,
many of which are beyond Logiq's control, which could cause actual
results and events to differ materially from those that are
disclosed in or implied by such forward-looking statements. In
particular and without limitation, this press release contains
forward-looking statements regarding our products and services, the
use and/or ongoing demand for our products and services,
expectations regarding our revenue and the revenue generation
potential of our products and services, our partnerships and
strategic alliances, the impact of global pandemics (including
COVID-19) on the demand for our products and services, industry
trends, overall market growth rates, our growth strategies, the
continued growth of the addressable markets for our products and
solutions, our business plans and strategies, our ability to
successfully locate and consummate the contemplated strategic
transactions, if any, and other risks described in the Company's
prior press releases and in its filings with the Securities and
Exchange Commission (SEC) including its Annual Report on Form 10-K
and any subsequent public filings, and filings made pursuant to
Canadian securities legislation that are available
on www.sedar.com, including under the heading
"Risk Factors" in the Company's Canadian Prospectus.
Logiq undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as may be required by law. New
factors emerge from time to time, and it is not possible for Logiq
to predict all of them, or assess the impact of each such factor or
the extent to which any factor, or combination of factors, may
cause results to differ materially from those contained in any
forward-looking statement. Any forward-looking statements contained
in this press release are expressly qualified in their entirety by
this cautionary statement.
Company Contact
Brent Suen, President
Logiq, Inc.
Email contact
Media & Investor Contact
Ronald Both or Justin Lumley
CMA Investor & Media Relations
Tel (949) 432-7566
Email
contact
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