LOS ANGELES, Aug. 13, 2019 /PRNewswire/ -- SRAX,
Inc. (NASDAQ: SRAX), a digital marketing and consumer data
management technology company, will formally change its name from
Social Reality, Inc. to SRAX, Inc. The name change is consistent
with the company's evolution from social media to consumer data
management and technology.
"Changing our name to SRAX is symbolic of our shift to a broader
strategy to answer the needs of today's consumer," said SRAX's CEO
and Founder Christopher Miglino.
"While our roots were in social media, today we are focused on
building the platform and tools to unlock the power of data.
Through BIGtoken we put data back into the hands of consumers and
through our verticals are delivering verified data to brands
looking for a competitive edge."
About SRAX
SRAX, Inc. (NASDAQ: SRAX) is a digital marketing and consumer data
management technology company. SRAX's technology unlocks data to
reveal brands core consumers and their characteristics across
marketing channels. Through the BIGtoken platform, SRAX has
developed a consumer-managed data marketplace where people can own
and earn from their data thereby providing everyone in the Internet
ecosystem choice, transparency, and compensation. SRAX's tools
deliver a digital competitive advantage for brands in the CPG,
automotive, investor relations, luxury, and lifestyle verticals by
integrating all aspects of the advertising experience, including
verified consumer participation, into one platform. For more
information on SRAX, visit www.srax.com.
Safe Harbor Statement
This press release contains certain forward-looking statements that
are based upon current expectations and involve certain risks and
uncertainties within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995. Words or expressions such as
"anticipate," "plan," "will," "intend," "believe" or "expect'" or
variations of such words and similar expressions are intended to
identify such forward-looking statements. These forward-looking
statements are not guarantees of future performance and are subject
to risks, uncertainties, and other factors, some of which are
beyond our control and difficult to predict and could cause actual
results to differ materially from those expressed or forecasted in
the forward-looking statements, including, without limitation,
statements made with respect to expectations of our ability to
increase our revenues, satisfy our obligations as they become due,
report profitable operations and other risks and uncertainties, as
set forth in our Annual Report on Form 10-K and Quarterly Reports
on Form 10-Q, as filed with the Securities and Exchange Commission.
All forward-looking statements involve significant risks and
uncertainties that could cause actual results to differ materially
from those in the forward-looking statements, many of which are
generally outside the control of SRAX and are difficult to predict.
SRAX undertakes no obligation to publicly update any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact Information:
Kirsten Chapman/Mary Magnani, LHA Investor Relations, +1 415 433
3777, srax@lhai.com
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SOURCE SRAX