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PR Newswire

PaySett Corporation expands its regional payments partnership with Republic Financial Holdings Limited.

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PaySett’s market proven PayBank® and PayCorp® payment solutions will provide key infrastructure to support the bank’s Caribbean expansion.

ATLANTA and PORT OF SPAIN, Trinidad and Tobago, Aug. 10, 2021 — PaySett Corporation a global provider of ePayment solutions and Republic Financial Holdings Limited (RFHL) announced today an expansion of their partnership to include RFHL’s subsidiaries in the Eastern Caribbean and Sint Maarten. The partnership is expected to continue to increase electronic payments adoption in the region.

Nigel M. Baptiste, President of Republic Financial Holdings Limited.
Nigel M. Baptiste, President of Republic Financial Holdings Limited.

PaySett’s CEO Benny Cooley commented, "Global and Regional financial institutions like RFHL are leading the way in financial services by standardizing payment software processing across multiple regions.  PaySett provides software products PayBank® and PayCorp® to standardize electronic payment processing for regional banks utilizing the bank’s own internal cloud infrastructure environment. This allows a financial institution to better manage operational costs and to streamline the movement of money throughout its organization for their clients."  PayBank® and PayCorp® are part of a suite of products from PaySett that allows for the processing of consumer, corporate, and government payments in a real time or batch environments. According to Mr. Cooley, "We have been collaborating with RFHL for over a decade bringing innovation to the payments space and we are very excited about further collaboration in the Caribbean region."

Nigel M. Baptiste, President of Republic Financial Holdings Limited stated that "PaySett’s suite of products will provide the wider RFHL Group with a world class, secure, payment processing infrastructure which will enhance the speed and efficiency of our service to our many clients, including those in the Eastern Caribbean and Sint Maarten." 

About PaySett Corporation

Atlanta, Georgia based PaySett Corporation is a global provider of payment software solutions in twenty countries. PaySett provides products/services to assist global financial entities to effectively manage the way money moves throughout their organizations and for their customers. PaySett’s two decades of experience moving payments through national and international payment networks has allowed for the development of advanced payment software for assisting global banks with the capability to enhance their regional and global payment network processing capabilities.  Twelve of the top twenty global banks process payments through PaySett software.

PR Contact

David R. Pulido
E-mail: dpulido@paysett.com 
Tel: + 1 (404) 812-5367 
www.paysett.com

 

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PR Newswire

CloudSense ramps up B2B selling with upgraded capabilities in latest release of CPQ application suite

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New features on the CloudSense platform will simplify and speed up B2B customer engagement in key industries

LONDON, Aug. 10, 2021 — CloudSense, provider of the world’s most powerful Configure, Price, Quote (CPQ) engine, empowers leading brands to launch, sell and manage the entire B2B customer lifecycle for sophisticated products, subscriptions and services. With the latest release (R34) of its category-defining SaaS platform, CloudSense has taken another step towards helping Communications, Media and Utility companies to increase the speed and efficiency of serving their customers. Highlights of the new release include the following capabilities:

 

  • Bulk Subscriber Management, a wholly new addition to CloudSense Order Management enables mass customer product upgrades and service changes for Telcos and Utilities.  It gives them the freedom to roll out competition-enhancing offers, such as the addition of new 5G tariffs to thousands or even millions of end users at speed knowing they can be executed in hours rather than days.
  • The full integration of Magnite (the world’s largest independent sell-side media advertising exchange) with the CloudSense media platform allows publishers to access new revenue streams directly from their main sales platform interface.
  • The new release also reduces the time and cost of managing programmatic guaranteed business for media companies.  Integrations with Google’s demand-side programmatic buying platform, DV360, are now available. These make it easy to formulate optimized Programmatic Guarantee proposals for business customers without leaving the CloudSense platform, and faster to close new business.
  • With self-service channels becoming increasingly important for B2B as well as B2C markets, CloudSense has also introduced advanced functionality around pricing into its Digital Commerce offering. The new Advanced Pricing capability allows CloudSense customers to build highly tailored, individually branded self-service experiences that match the different end-user roles of its B2B customers. Importantly, options for each end-user customer will reflect pricing that has been negotiated within the overall contract for that specific account.

"Enterprises in Communications, Media and Utilities are in a race to transform their businesses to thrive in a digital-first world.  Speed and efficiency in and across revenue operations is essential. All too often however, solutions fall short of power and flexibility to support their more complex B2B use cases at scale.  In our latest release, we’ve added meaningful functionality that is ready to use and quick to deliver business impact," said Alex Fuller, CTO, CloudSense.

About CloudSense

The CloudSense Configure, Price, Quote (CPQ) engine powers increased productivity and profits for ambitious enterprises allowing them to launch faster, sell more and fulfill orders faultlessly. Its growing global community of customers span multiple industries including Communications, Media and Energy. Leading brands including Telefonica, Telstra, Informa and British Gas are using CloudSense’s portfolio of applications to streamline the entire customer lifecycle to provide a better customer experience while improving business performance.  To find out more, visit CloudSense.com

For more information contact: 
Daniela Zuin, CMO, CloudSense
Tel: +44 7526 168170
Email: daniela.zuin@cloudsense.com

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PR Newswire

Sertifi, Inc. and Seccom Global Announce Their Partnership

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Sertifi’s Newest and First Global Partnership With Seccom Global

CHICAGO, Aug. 9, 2021 — Sertifi, an industry leader dedicated to helping companies worldwide finalize business faster by providing electronic Agreements and Authorisation Platforms, and Seccom Global, Australia’s leading provider of managed security services, announces their partnership. The partnership will provide a compliant and secure electronic signature, payment, and authorization service to Seccom Global’s customers. 

With technology playing an increasingly critical role in every business aspect, Sertifi allows companies to finalize business faster by providing convenient, efficient, and secure eSignature and online payment platforms. In addition, the platforms let companies stay compliant and mitigate fraud. Seccom Global will act as an authorized distributor and reseller of Sertifi’s products.

"As a business focused on cybersecurity, we understand the importance of a more efficient and secure way to manage the entire contract process. We investigated numerous solutions for this problem and found Sertifi to be the standout solution.  Seccom required a platform to create, send and collect agreements and payments from one secure platform. Sertifi met these requirements and was also intuitive to use," said Michael Demery, Managing Director at Seccom Global.

"We are excited to partner with Seccom Global because of their extensive customer base across numerous industries and their ability to achieve success by opening new offices during a pandemic. This partnership will no doubt propel Sertifi’s global presence," added Jo Masters, VP of Channel Partnerships and International Sales for Sertifi.

About Sertifi:

Sertifi offers industry-leading Agreement and Authorization Platforms built for businesses that want to finalize business faster and need a more efficient and secure way to manage the entire contract process. The Agreement Platform provides workflow solutions that enable customers to automate processes to send agreements and collect payments faster through a modern customer experience platform. The Authorization Platform improves workflows by digitally sending and receiving payment authorizations, securing the process, enhancing PCI compliance, and reducing fraud risks while providing a consistent customer experience. Thousands of businesses around the world use Sertifi to recognize revenue faster and increase job efficiency.

About Seccom:

Recognized as an industry leader, Seccom Global has been providing managed security services since 2003. Well respected in the industry, Seccom is a partner of choice for many of Australia’s prominent businesses. Their solutions are innovative, highly effective, and always relevant. Seccom’s services provide businesses with cost-effective, comprehensive security solutions without the associated complexity.

Contact: Caroline Steele          

Phone: 321.228.2248

Email: csteele@sertifi.com

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PR Newswire

AP Memory Joins the OpenCAPI Consortium

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HSINCHU, Aug. 6, 2021 — AP Memory Technology Corporation (AP Memory, TWSE: 6531), a leading provider of innovative DRAM and IP products for low-power IoT devices and high-performance computing systems, announced today that the company had joined the OpenCAPI Consortium, an open development community based on the Coherent Accelerator Processor Interface.  

AP Memory joins this growing roster of technology organization and works collaboratively to drive innovations in high-performance computing applications. Through the Consortium, members are developing on top of OpenCAPI, a high-performance coherent bus standard designed to help the industry to meet growing demands for advanced data center server, memory, accelerators, networking and storage technologies. With the OpenCAPI Memory Interface (OMI) specification, developers can enable high bandwidth data movement between memory and various hardware accelerators like FPGAs, GPUs, and ASICs to perform data-centric functions more efficiently than traditional systems.

AP Memory’s Very High-bandwidth Memory (VHMTM) technology aims to realize unprecedented high memory bandwidth at low energy per bit in advanced 3D ICs. The custom VHMCubeTM products fulfill the demanding request from AI and networking SoCs for the high-bandwidth and high-density near memory.

"Because memory bandwidth has been a critical challenge to advance hardware acceleration, the integration of our VHMTM technology and OMI bus will present a promising path to demonstrate competitive system performance for high-performance computing applications," said Chris Liu, Vice President and General Manager of AI Business Unit of AP Memory. "We are pleased to join OpenCAPI Consortium as a Contributor Level Member, working collaboratively with other industry leaders on developing innovative solutions to accelerate near-memory computing."

"The OpenCAPI Consortium is excited to welcome AP Memory," said Myron Slota, President of OpenCAPI Consortium. "Open Memory Interface, a subset of OpenCAPI technology, caters to solutions that rely heavily on near memory." To learn more about OpenCAPI and to view the complete list of current members, go to www.opencapi.org.  

About AP Memory Technology Corporation
AP Memory is a fabless DRAM and IP product company. As a world leader in Pseudo-SRAM, AP Memory delivers reliable solutions of low-pin-count ultra-low-power IoT RAM and high-performance derivative products. AP Memory is also the world-leading company in AI memory solutions, particularly for 3D IC. The headquarters is based in Hsinchu, Taiwan, with R&D centers in the US, Mainland China, Taiwan, and sales offices worldwide. For more information, please visit www.apmemory.com.

 

PR Newswire

Tolly Verifies Huawei’s CloudCampus Solution Leads the Industry in Five Critical Campus Network Capabilities

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NANJING, China, Aug. 6, 2021 — The Tolly Group, a world-renowned independent testing lab, recently released the comparative testing results of campus network solutions from leading vendors. The findings show that Huawei’s CloudCampus Solution leads the industry in five critical campus network capabilities: solution architecture, automated network management, intelligent Operations and Maintenance (O&M) and experience assurance, network security, and openness.

Intelligently connecting all things and migrating services to the clouds are two megatrends experienced by campus networks amid the ongoing enterprise digital transformation. Today’s enterprise CIOs and network managers struggle to ensure user and application experience in the face of ever-changing services.

Against this backdrop, Tolly designed 61 test cases, 27 of which are new, by following the principle of building an experience-centric campus network and revolving around the full network O&M lifecycle, from planning and construction all the way to maintenance and optimization. Under the same test environment, Tolly engineers strictly and comprehensively tested Huawei’s CloudCampus Solution and a comparable solution from another industry-leading vendor.

The test results verify that Huawei’s Cloud Campus Solution outperforms the counterpart by offering simpler architecture, higher level of automation, more intelligent O&M, stronger network-security convergence, and better openness for easy interoperability with third-party vendor offerings. With advantages in these five critical capabilities, Huawei’s CloudCampus Solution can help enterprises slash IT O&M time and investment. It can also assist enterprises to build user-centric networks for reduced user complaints, improved network stability and reliability, lowered O&M costs, and enhanced operational efficiency.

Kevin Tolly, Founder and CEO of the Tolly Group, said: "According to our comprehensive testing, we are impressed by the compelling features of Huawei’s CloudCampus Solution, such as one-stop management architecture, full-lifecycle automated management, and intelligent O&M. We believe that the Huawei solution will empower enterprises to seize new opportunities arising from digital transformation in the cloud era."

"We are thrilled that Tolly has conducted independent and rigorous testing on Huawei’s CloudCampus Solution. The Tolly test report is of great help for customers of all types and sizes to better understand Huawei’s CloudCampus Solution," said Li Xing, President of the Campus Network Domain, Huawei’s Data Communication Product Line. "Looking ahead, we will continue to follow our ‘fully wireless networking, one global network, cloud management, and intelligent O&M’ philosophy and provide customers and partners with the most advanced campus network products and solutions."

For more information, please download the full Tolly report at https://e.huawei.com/en/material/networking/campus-network/eca05e2f7a754b75b568fedbe5b64143.

To learn more about Huawei’s CloudCampus Solution, visit: https://e.huawei.com/en/solutions/business-needs/enterprise-network/campus-network.

Related Links :

http://www.huawei.com/cn

PR Newswire

Shipsy brings Deb Deep Sengupta as their Board Advisor

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– Deep brings more than two decades of technical experience with a specialization in driving enterprise-wide transformations

– His onboarding will help the company execute key strategies and business decisions to march ahead with its expansion plans

GURUGRAM, India, Aug. 6, 2021 — Shipsy, a leading SaaS-based intelligent supply chain and logistics solutions provider, has announced the onboarding of Deb Deep Sengupta as its Board Advisor. This comes as a major development for the company proactively involved in expanding and expediting its international outreach.

Deb Deep Sengupta, Board Advisor, Shipsy
Deb Deep Sengupta, Board Advisor, Shipsy

Deep is a Senior Executive with more than 25 years of experience in the technology industry having spent his career with global companies like HP, IBM & SAP. He has a proven track record of driving enterprise-wide transformations and was instrumental in the success of SAP in India & South Asia for close to two decades. During this period, SAP acquired around 14,000 clients and built a network of 500+ partners. He has been personally involved in some of the largest Digital Transformation projects such as Reliance and Tata.

Deep served as the President & Managing Director of SAP India & South Asia from 2015 to 2020. During his tenure, SAP India was voted as the No.1 "Best Places to Work in India," by Great Places to Work for two consecutive years. Under his leadership, SAP India was one of the fastest growth regions globally, winning the "Top Performing Region of the Year of Asia" in 2016 and 2018. It also won the "Golden Peacock" award by the Ministry of Skill Development in 2019 for its social contribution to improving digital literacy among rural women and youth through the Code Unnati program.

Deep is now a Board Advisor to Venture backed SaaS companies as well as an Early Stage Investor.

Commenting on the onboarding, Soham Chokshi, CEO & Co-Founder of Shipsy, said, "Going forward, we need a strong suite of advisors to drive our growth at a global stage. With a strong command over technology and organization building, Deep will be a valuable asset to our team. We are delighted to have him on board and look forward to building stronger roots and expediting our global expansion efforts."

The Gurugram-based smart logistics management company has been aggressively charging towards its expansion goals. Shipsy has made several leadership hirings and increased its talent pool by almost 25% this year. They have also recently set up their regional headquarters in Dubai.

About Shipsy:

Shipsy is an end-to-end Saas-based supply chain and logistics management platform. Founded in 2015 in Gurugram, the company leverages AI and big data to design and develop low-code SaaS solutions to improve operational efficiency across Manufacturing, QSR, Retail, CEP, and Global Trade. The brand has its regional headquarter in Dubai (UAE). Last year the company raised USD 6 Mn in Series A round led by Sequoia Capital India’s Surge and existing investor Info Edge.

Media Contact : media@shipsy.io | +91-9867999866

PR Newswire

Eagle Eye Solutions Recognised in Now Tech: Promotions and Offer Management Providers, Q3 2021 Report by Independent Research Firm

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LONDON, Aug. 5, 2021 — Eagle Eye Solutions, a global marketing technology company that helps retailers create one-to-one customer connections, announced its inclusion in Forrester’s Now Tech: Promotions and Offer Management Providers, Q3 2021 Report. The Company is listed in the midsize grouping ($15M to $60M annual category revenue). Eagle Eye Solutions is included in both the loyalty standalone and loyalty embedded functionality segments with the grocery, retail, and hospitality vendor market focuses.

 

 

The report cites three essentials for businesses looking to improve their promotions and offer management:

  • Stand out from your competitors, personalize every offer to each customer or segment; personalised experiences drive loyalty, which delivers a greater return than a single conversion
  • Use real-time or near-real-time analytics and reporting to understand where offers should be modified to optimise outcomes
  • Create an omnichannel strategy, serving offers in all channels from a single source

"We are honored to be included in Forrester’s Now Tech report of Promotions and Offer Management Providers," said Tim Mason, CEO of Eagle Eye. "We believe the Forrester report reinforces the value Eagle Eye delivers to current and potential clients who are looking to create an omnichannel strategy, to personalise every interaction with their customers, and improve the efficacy of their promotional and loyalty programmes using our AIR Platform."

Eagle Eye works with leading grocers, retailers, hospitality companies and consumer-packaged goods brands, providing them with the technology to connect all aspects of the customer journey in real-time. Eagle Eye AIR is an API-based SaaS platform that provides the most flexible, scalable, and future-proofed promotions, loyalty and gifting capability in the world. AIR solves the primary problem faced by leading businesses when trying to build deeper, more personalised relationships with their customers – connection.

To learn more about Eagle Eye, visit www.eagleeye.com, or to schedule an interview with Tim Mason, please contact Sylvia Kindlain at skindlain@thinkinkpr.com. Forrester’s Now Tech: Promotions and Offer Management Providers, Q3 2021 report is now available to download on eagleeye.com.

About Eagle Eye Solutions
Eagle Eye is a leading SaaS technology company transforming marketing by creating digital connections that enable personalised performance marketing in real-time through promotional coupons, loyalty schemes, subscription programmes, and gift services.

Eagle Eye AIR enables the secure issuance and redemption of digital offers and rewards at scale across multiple channels, enabling a single customer view. We create a network between merchants, brands and audiences to enable customer acquisition, interaction and retention at lower cost while driving marketing innovation.

The Company’s current customer base comprises leading names in UK Grocery, Retail, Leisure and Food & Beverage sectors, including Asda, Sainsbury’s, Tesco, Waitrose and John Lewis & Partners, Virgin Red, JD Sports, Pret a Manger, Greggs, Mitchells & Butlers and Pizza Express; in North America, Loblaws, Shoppers Drug Mart and Southeastern Grocers and in Australia & New Zealand, Woolworths Group and The Warehouse Group.

Eagle Eye is headquartered in Guildford, United Kingdom and has offices in Manchester, Toronto, Florida and Melbourne.

Related Links :

https://www.eagleeye.com

PR Newswire

Luokung Subsidiary eMapGo Wins Gaogong Intelligent Car Golden Globe Award

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BEIJING, Aug. 5, 2021 — Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), a leading spatial-temporal intelligent big data services company and provider of interactive location-based services ("LBS") and high-definition maps ("HD Maps") in China, today announced that its operating subsidiary eMapGo Technology (Beijing) Co., Ltd. ("EMG"), a leading provider of navigation and electronic map services in China, has won the 2021 Gaogong Intelligent Car Golden Globe Award in the category of Leading Competitive Supplier of Intelligent Driving (HD Map).

Other winners of the Advanced Intelligent Golden Globe Award included well-known automotive technology service providers such as Bosch and Continental under the Intelligent Driving Mass Production Solutions category.

The 2021 (12th) Gaogong Intelligent Automobile Developers Conference was hosted in Shanghai by Gaogong Intelligent Automobile Research Institute. The event aims to facilitate conversations amongst the major players in the industry about current and future trends in autonomous driving. The conference released industry reports titled Intelligent Driving Core Technology and Market Roadmap and Intelligent Driving Pre-installation Mass Production Data Report for the First Half of 2021, and awarded the annual Intelligent Driving Competitiveness Golden Globe Awards on site.

EMG is one of the leading map providers of China’s automotive front-mounted navigation maps and autopilot HD Maps and spearheaded the effort behind setting and implementing the first industry standard for the Highly Automated Driving Map production industry in China. EMG has worked on a number of mass production projects for autonomous driving HD Map services and domestic autonomous parking HD Maps. The Company is also an active participant in multiple smart highway demonstration projects, leveraging its advantages in the field of autonomous driving.

Mr. Xuesong Song, Chairman and CEO, stated, "We are thrilled to have been recognized with a 2021 Gaogong Intelligent Car Golden Globe Award following the sole recipient of the 2020 Golden Globe Award for HD Map, especially being Leading Competitive Supplier of Intelligent Driving (HD Map), which we see as a validation of the commercialization of our HD Map products by the market and industry. To win this award in the company of other reputable international players in the field is an absolutely honor. We believe the strength of our product and service offerings will serve us well as we look to expand our client base and partnerships within the autonomous driving industry."

About Luokung Technology Corp.

Luokung Technology Corp. is a leading spatial-temporal intelligent big data services company, as well as a leading provider of LBS and HD Maps for various industries in China. Backed by its proprietary technologies and expertise in HD Maps and related intelligent spatial-temporal big data, Luokung established city-level and industry-level holographic Spatial-temporal digital twin systems and actively serves industries including autonomous driving, vehicle-road collaboration (V2X), smart transportation, smart travel, local business LBS, new infrastructure, smart cities, and smart industries (emergency, natural resources, environmental protection, water conservancy, energy, smart training, among others). The Company routinely provides important updates on its website: www.luokung.com/en.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our or our management’s expectations, hopes, beliefs, intentions or strategies regarding the future and other statements that are other than statements of historical fact. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "might", "plan", "probable", "potential", "should", "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination and analysis of the existing law, rules and regulations and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you the statement herein will be accurate. As a result, you are cautioned not to rely on any forward-looking statements.

Related Links :

http://www.luokung.com

PR Newswire

Nuix Appoints Abdeslam Afras to Lead Company Strategy in Investigations

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SYDNEY, Aug. 4, 2021 — Global software company Nuix (www.nuix.com) has recruited investigations software industry veteran Abdeslam Afras to lead its worldwide strategy in digital forensics and incident response. Nuix appointed Afras Executive Vice President of Investigations, based in the company’s Frankfurt, Germany office.

"Abdes is a proven leader with robust experience driving strategy and operations for global technology companies," said Rod Vawdrey, group chief executive officer of Nuix. "We look forward to him taking Nuix to greater heights with an emphasis on adding unique products and capabilities that exceed customer expectations and drive long-term growth."

Afras has over 25 years’ experience in business-to-business information technology, most recently as chief revenue officer and president of AccessData. Previously, he held executive leadership positions within the European business groups at Recommind, Data Room Services and Iron Mountain Digital.

"Nuix has the world’s leading processing power with best-in-class global brands, laying a tremendous foundation in the investigations market," said Afras. "I’m excited by the focus and increasing investment Nuix is making in forensic software and services in order to deliver cutting-edge tools and high-value experiences for our clients."

About Nuix

Nuix (www.nuix.com | ASX:NXL) creates innovative software that empowers organizations to simply and quickly find the truth from any data in a digital world. We are a passionate and talented team, delighting our customers with software that transforms data into actionable intelligence and helps them overcome the challenges of litigation, investigation, governance, risk and compliance.

Nuix Ltd
Level 27, 1 Market St
Sydney NSW 2000
Australia

Nuix (and any other Nuix trademarks used) are trademarks of Nuix Ltd. and/or its subsidiaries, as applicable. All other brand and product names are trademarks of their respective holders. Any use of Nuix trademarks requires prior written approval from the Nuix Legal Department. The Nuix Legal Department can be reached by e-mail at Legal@nuix.com. THIS MATERIAL IS COMPRISED OF INTELLECTUAL PROPERTY OWNED BY NUIX LTD. AND ITS SUBSIDIARIES ("NUIX"), INCLUDING COPYRIGHTABLE SUBJECT MATTER THAT HAS BEEN NOTICED AS SUCH AND/OR REGISTERED WITH THE UNITED STATES COPYRIGHT OFFICE. ANY REPRODUCTION, DISTRIBUTION, TRANSMISSION, ADAPTATION, PUBLIC DISPLAY OR PUBLIC PERFORMANCE OF THE INTELLECTUAL PROPERTY (OTHER THAN FOR PREAPPROVED INTERNAL PURPOSES) REQUIRES PRIOR WRITTEN APPROVAL FROM NUIX.

Related Links :

https://www.nuix.com

PR Newswire

Bambuser Signs Master Agreement with LVMH Following Initial Pilot Activations and LVMH Innovation Award

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STOCKHOLM, Aug. 4, 2021 — Bambuser today announced it has entered into a long-term master agreement with LVMH Moët Hennessy Louis Vuitton (LVMH), following successful pilot activations. The agreement will strengthen the companies’ partnership following Bambuser’s receipt of the LVMH Innovation Award.

Bambuser has previously entered into proof-of-concept agreements with two of LVMH’s Maisons. Following the successful activations, Bambuser and LVMH have entered into a long-term master agreement that allows all LVMH’s Maisons and divisions in all markets to leverage Bambuser’s robust platform for shoppable livestreams.

The master agreement initially runs for 12 months starting August 2021. The order value cannot be estimated in advance, as each company and business unit shall submit an individual insertion order. 

This is information that Bambuser AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was sent for publication, through the agency of the contact persons set out below, on 3 August 2021.

Contact information
Corporate Communications, Bambuser AB | +46 8 400 160 00 | ir@bambuser.com  

Certified Adviser
Erik Penser Bank AB | +46 8 463 83 00 | certifiedadviser@penser.se

ABOUT BAMBUSER
Bambuser is a software company specializing in interactive live video streaming. The Company’s primary product, Live Video Shopping, is a cloud-based software solution that is used by customers such as global e-commerce and retail businesses to host live shopping experiences on websites, mobile apps and social media. Bambuser was founded in 2007 and has its headquarters in Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/bambuser/r/bambuser-signs-master-agreement-with-lvmh-following-initial-pilot-activations-and-lvmh-innovation-aw,c3391910

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