VERB and MLB’s Pittsburgh Pirates Announce Interactive Video Technology Multi-Year Deal
November 03 2022 - 09:30AM
GlobeNewswire Inc.
VERB Technology Company,
Inc. (Nasdaq: VERB) (“VERB” or the
“Company”), the leader in interactive video-based sales
enablement applications, including shoppable livestream, today
announced that the Company has entered into a multi-year
partnership with its first Major League Baseball (MLB) team, the
Pennsylvania-based Pittsburgh Pirates (“the Pirates”), to
deploy VERB’s suite of sales enablement solutions in driving ticket
and merchandise sales and engaging with Pirates fans through
interactive, shoppable digital content.
“Following an extremely successful pilot test of VERB’s
interactive video technology, we are excited to be the first MLB
team to add the technology to our marketing and digital strategy
going forward,” said Carey Cox, Senior Director of Integrated
Marketing of the Pittsburgh Pirates. “VERB’s technology empowers us
to capitalize on our digital assets and content strategies in
growing ticket and merchandise sales as we look to more effectively
interact with Pirates fans.”
“We are thrilled to add the Pittsburgh Pirates to our growing
sports entertainment vertical that now includes teams across three
of the four major professional sports leagues in North America. The
Pirates, a team focused on innovation, recognized tremendous
success from our initial pilot tests with some of the highest
click-through rates we have seen to date,” said Rory J. Cutaia, CEO
of VERB. “The data shows the power of our interactive video
technology to drive meaningful engagement with fans. Even more
exciting is that we are approved for league-wide use in both the
NBA and MLB after the Pirates secured MLBAM approval for the use of
our technology going forward.
“The incredible growth of our new sports entertainment vertical
provides high visibility to VERB’s underlying technology as teams,
leagues, retailers, and manufacturers look to capitalize and
monetize their digital content strategies,” added Cutaia. “We are
pleased to work with the Pittsburgh Pirates and look forward to
expanding our presence across the sports entertainment vertical
domestically and internationally in the weeks and months
ahead.”
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, the
Company is headquartered in American Fork, Utah, and also maintains
offices in Newport Beach, California.
For more information, please visit: www.verb.tech.
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FORWARD-LOOKING STATEMENTS
This 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:888.504.9929investors@verb.tech
Media Contact:855.250.2300,
ext.107info@verb.tech
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