SponsorsOne Announces Completion of the NFU Inc. Acquisition
(firmenpresse) -
SponsorsOne Announces Completion of the NFU Inc. Acquisition
Waterloo, Ontario, June 25, 2015: SponsorsOne Inc. (CSE: SPO) (Frankfurt: 5SO) (SponsorsOne or the Company), the Company that developed the SponsorsCloudTM platform that allows Brands to build authentic and engaged communities around their products and services, is pleased to announce that it has completed the acquisition of 100% of the shares of NFU Inc., a Toronto based Marketing Agency.
NFU brings deep connections with major Brands and Celebrity Influencers which will be instrumental in the roll out of the SponsorsCloud this year, states Myles Bartholomew, CEO, SponsorsOne. Adam Pearsall will assume the roll of Chief Revenue Officer bringing his vast network within the agency business to SponsorsOne.
As CEO and Founder of NFU, I envision SponsorsOne becoming the leading social influence platform through which marketers can inspire conversations about their brands, states Adam Pearsall, Chief Revenue Officer of SponsorsOne. SponsorsOne will change how businesses view efficient marketing campaigns and collection of performance metrics that drive return on every marketing dollar.
NFU Inc., over 10 years has established strong relationships with agencies and brands, including past clients such as Nike Canada. Additionally, NFU has worked with celebrity management companies that manage over 2,500 celebrity influencers that total over one billion followers within the social networks, giving SponsorsOne broad access to influencer marketing programs that will drive adoption of the SponsorsCloud.
The common shares of NFU were acquired in exchange for 1,292,308 common shares of SponsorsOne Inc. at a price of $0.65 per share or book value of CAD$840,000.00. NFU is now a wholly owned subsidiary of SPO and will act as the sale, support and delivery organization for Canada.
About SponsorsOne:
SponsorsOne is positioning itself to become a leader in the next evolution of digital marketing with the SponsorsCloudTM platform that allows Brands to build and manage their own proprietary and highly engaged digital ad networks within the social realm. The SponsorsCloudTM platform allows for data driven marketing campaigns that will change the way brands connect to their customers. SponsorsCloudTM is a tool for brands to inspire real movements around their products and services in which their most valuable customers become their best salespeople, producing far greater ROI than current social media advertising methods.
SponsorsOne is the creator of a proprietary Social Sponsorship Currency that gives consumers real compensation for their authentic social media engagement (blogs, videos, tweets, pins and posts) along with a Social Marketplace to exchange their social currency for products and services with the brands they love.
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
To learn more please visit http://sponsorsone.com
Or http://www.sponsorsone.com/de/
The Canadian Securities Exchange ("CSE") has neither approved nor disapproved the contents of this Press Release.
Forward-Looking Statements
This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Companys current expectations. When used in this news release, the words estimate, project, belief, anticipate, intend, expect, plan, predict, may or should and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: risks associated with marketing and sale of securities; the need for additional financing requirements and access to capital, reliance on key personnel; the potential for conflicts of interest among certain officers or directors with certain other projects; the volatility of the volume and price of the Common Shares, the failure of the business strategy, the integrity of the Companys patents and proprietary intellectual property and competition. The Company cautions that the foregoing list of risk factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. When relying on the Companys forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events, including the risk factors set out in the Companys Listing Statement. The Company has assumed a certain progression, which may not be realized. It has also assumed that the material factors referred to above will not cause such forward-looking statements and information to differ materially from actual results or events.
THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE SECURITIES LEGISLATION.
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Datum: 25.06.2015 - 09:03 Uhr
Sprache: Deutsch
News-ID 402888
Anzahl Zeichen: 6143
contact information:
Town:
Wien
Kategorie:
Business News
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