Peeks Social Launches Brand Advertising Program
October 20 2017 - 6:00AM
Peeks Social Ltd. (TSX-V:PEEK) (OTCQB:PKSLF)
(“Peeks Social” or the “Company”) is pleased to
announce that as part of the ongoing advancement of the Peeks
Social service, an advertising platform integration is now
complete. The Peeks Social ad platform was purpose built to
facilitate the sale of all ad units available for sale on broadcast
and digital platforms. Specifically, the Peeks Social ad
platform facilitates the sale of product placement ads, cost per
impression (“CPM”) ads, cost per action (“CPA”) ads, onscreen
overlays, and affiliate marketing programs.
The Peeks Social ad platform interacts with the
OfferBox so that ads can result in direct sales. The Peeks Social
proprietary ad platform allows advertisers to target ads based on a
wide variety of viewer demographics including location, age,
gender, and individual tastes.
The platform will be launching multiple ad
campaigns through aggregate and direct brand partners ranging from
in-stream sponsors, CPM, and CPA advertisers. Some of the
brands and offers that will be available include eHarmony, Fandango
DermaVia, Namaste, and others.
As previously announced on September 14, 2017,
the Company has now released two of three new advertising and sales
features and is on schedule to release the final component of the
full OfferBox alongside 50+ brands that will be available to
streamers on the Peeks Social service upon release. This will
include brands that are participating in paid advertising
campaigns.
Stock Option Grant
The Company also announced that in accordance
with the Company’s Stock Option Plan, it has granted 500,000
options to Board Member Jim Westlake, and 75,000 options to
Director of Investor Relations David Vinokurov. The options
vest over a 12-month period as to 20% immediately and 20% every
three months thereafter. The options are exercisable at $0.60
and expire five years from the date of grant.
For further information, please contact:
Peeks Social
Ltd. |
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Mark Itwaru |
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David Vinokurov |
Chairman & Chief
Executive Officer |
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Director Investor
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647-992-7727 |
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416-716-9281 |
mark@peeks.com |
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davidv@peeks.com |
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) has reviewed or accepts
responsibility for the adequacy or accuracy of this Release.
Forward-Looking statements:
The information and statements in this news
release contain certain forward-looking information relating to the
development, functionality, and deployment of certain
functionalities of the Peeks Social livestreaming product,
including assumptions regarding third party adoption and use. This
forward-looking information is subject to certain risks and
uncertainties and may be based on assumptions that could cause
actual results to differ materially from those anticipated or
implied in the forward-looking information. Peeks Social Ltd.'s
forward-looking information is expressly qualified in its entirety
by this cautionary statement. Except as required by law, Peeks
Social Ltd. undertakes no obligation to publicly update or revise
any forward-looking information.
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