Multi-year Contract Valued CAD $652,000
NEW BRUNSWICK, N.J. and
MONTREAL, Oct. 15, 2018 /CNW/ -- Engagement Labs Inc.
(TSXV: EL) (OTCQB: ELBSF) is pleased to announce another contract
renewal with a major U.S. Sports League to utilize its TotalSocial®
data and analytics platform for social intelligence. Valued at a
total of CAD $652,000, the two-year
deal represents a deeping commitment from one the largest sports
leagues in the U.S. Over the original contract, the league grew the
business in several phases.
Initially, Engagement Labs' TotalSocial provided the league with
a comprehensive and continuous view of consumers and its brand by
tracking both online and offline data and conversations. The scope
of work expanded to include providing team-level data as well as
well as providing the sponsorship team with sponsor-level metrics
and insights about the impact of their investment with the league
on the quantity and quality of consumer engagement. The new
agreement extends this additional reporting and analysis in a
comprehensive way.
"This renewal demonstrates the power and breadth of the
TotalSocial platform in providing clients with a comprehensive
understanding of consumer conversations about sports and
entertainment, and the insights it provides about ways to drive
enhanced fan engagement and engagement with sponsors," said
Ed Keller, CEO of Engagement Labs.
"Sports properties want tools that help them maximize revenues by
better understanding their fans and creating better fan
experiences."
"A key component to Engagement Labs' growth strategy is to grow
our business with our clients and renewing their contracts," adds
Steven Brown, President and Chief
Revenue Officer of Engagement Labs. "We are extremely excited by
this renewal as it is a great example of a client seeing the value
of our platform across the organization and supporting their
growth. The ultimate expression of this is their renewing
with a long-term commitment."
About Engagement Labs
Engagement Labs (TSXV: EL)
(OTCQB: ELBSF) is an industry-leading data and analytics firm that
provides social intelligence for Fortune 500 brands and companies.
The Company's TotalSocial® platform focuses on the entire social
ecosystem by combining powerful online (social media) and offline
(word of mouth) data with predictive analytics. Engagement Labs has
a proprietary ten-year database of unique brand, industry and
competitive intelligence, matched with its cutting-edge predictive
analytics that use machine learning and artificial intelligence to
reveal the social metrics that increase marketing ROI and top line
revenue for its diverse group of clients.
To learn more
visit www.engagementlabs.com / www.totalsocial.com.
About TotalSocial®
TotalSocial®
is a premier data and analytics platform that provides brands with
unique insights, improved marketing ROI and strategies to grow
revenue. Fueled by actionable online and offline data, TotalSocial
is the only platform that encompasses and listens to the entire
social ecosystem. TotalSocial offers unique, proprietary data about
brands, its industry and competitors. With cutting-edge
diagnostics, patent-pending predictive analytics and machine
learning, TotalSocial identifies business opportunities and
provides recommendations and a roadmap to grow revenue and achieve
business and marketing goals.
Disclaimer in regard to Forward-looking Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on
forward-looking statements. Except as required by law, Engagement
Labs does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For media inquiries please contact:
Vanessa Lontoc, Marketing Director /
Ed Keller, CEO
Engagement Labs
732-846-6800
vanessa.lontoc@engagementlabs.com /
ed.keller@engagementlabs.com
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SOURCE Engagement Labs