VANCOUVER, BC, May 16, 2022
/CNW/ - Datable Technology Corp. (TSXV: DAC) (OTCQB: TTMZF) (the
"Company" or "Datable"), the developer of a proprietary, SaaS-based
Consumer Lifecycle and Data Management Platform called
PLATFORM3, is pleased to announce that it
signed a Partnership Agreement (the "Agreement") with GetintheLoop
Marketing Ltd. ("GITL") on April 7, 2022 to share revenues resulting from
Datable's customers placing offers and activities into the GITL
Network. Datable's customers are leading consumer goods
companies that own some the world's most valuable brands.
Datable will earn 40% of the revenue from offers it brings to the
GITL Network.
Under the Agreement, Datable will generate a new revenue stream
by amplifying offers from leading brands that license
PLATFORM3 on the GITL Network in
Canada and the U.S.
"Leading consumer goods companies use
PLATFORM3 to connect directly with
consumers and reward them for purchasing products and engaging with
their brands," said Rob Craig, CEO
of Datable. "They allocate significant budget to drive consumers to
their offers and have asked us to amplify these efforts. This
Partnership provides our customers access to millions of employees
in the U.S. who are consumers of their products."
"We are excited to accelerate our launch in the U.S. with
Datable granting us access to leading brands that can provide
meaningful offers to our audience of 10,000,000 consumers," said
Matt Crowell, CEO of GITL. "We
see many ways that we can cooperate with Datable to add value to
our customers and new revenues for both companies."
GITL brings brick & mortar businesses online and into the
phones of nearby customers with their innovative mobile marketing
technology. GITL's suite of digital tools makes it easier for
merchants to attract and retain consumers with easy-to-access
exclusive offers, experiences, and rewards from their favourite
brands.
In Canada, GITL has over 5,000
business partners, including locally owned businesses and
multi-location merchants, and has a consumer audience of over
1,000,000 consumers, including close to 400,000 registered
members. GITL has partnership with BenefitHub, a leading
employee lifestyle benefits company with 17,000,000 global members,
including over 10,000,000 in the U.S. Under the partnership
with BenefitHub GITL has launched in the U.S. and is providing
BenefitHub's members access to local offers.
About Datable Technology
Corporation
Datable has developed PLATFORM3 a
proprietary Consumer Lifecycle and Data Management Platform that is
sold to global consumer brands.
PLATFORM3 is delivered as a
subscription service (Software as a Service model) and used by some
of the worlds' most valuable consumer brands to access new consumer
communities and engage them while collecting, analyzing, and
managing their first-party data.
PLATFORM3 incorporates
proprietary technology to monetize the consumer data, including
demographics and purchasing behaviour, by sending consumers
targeted offers by email and text messages. For more
information, visit datablecorp.com.
About GetintheLoop Marketing
Ltd.
GetintheLoop is North America's
leading shop local community, providing businesses with an easy and
effective way to attract and retain local customers. Members join
the platform, access exclusive offers, redeem rewards, and discover
new local businesses to support. From restaurants and retail to
attractions and hotels, there's always something close by to see
and do, coast to coast. To learn more, visit
www.GetintheLoop.com
For additional information about the company please visit
www.sedar.com. The TSX Venture Exchange Inc. has in no way
passed upon the merits of the transaction and has neither approved
nor disapproved the contents of this press release. 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. This news release contains forward-looking
information, which involves known and unknown risks, uncertainties
and other factors that may cause actual events to differ materially
from current expectation. Important factors – including the
availability of funds and the results of financing efforts, – that
could cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from
time to time on SEDAR (see www.sedar.com). Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release. The Company disclaims any intention or obligation,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
SOURCE Datable Technology Corp.