TORONTO and NEW YORK, Oct. 26,
2016 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT)
("AcuityAds" or "Company"), a technology leader that provides
targeted digital media solutions enabling advertisers to connect
intelligently with audiences across video, mobile, social and
online display campaigns, today announced that 140 Proof Inc., an
AcuityAds company, has received orders totaling approximately
CDN $1.4M from two leading U.S.
retailers. The Company will be running multiple digital campaigns
for these retailers throughout the fourth quarter to coincide with
the busy holiday shopping season.
"We are delighted that these industry leading retailers continue
to see tremendous value and ROI by leveraging our unique audience
targeting and proprietary machine learning technology for their
digital advertising initiatives," said Tal
Hayek, CEO of AcuityAds. "The acquisition of 140 Proof Inc.
was completed on September
1st, and these new orders provide further
validation that our decision to acquire an industry leader in
social-mobile targeting serves as a natural complement to the
Acuity programmatic marketing platform."
The retail industry represents one of six core vertical
areas. Combined with publisher direct relationships and third
party data source integrations, AcuityAds is able to deliver the
highest level of granularity in audience targeting and brand
awareness. AcuityAds' other core verticals include financial
services, automotive, healthcare, politics and
entertainment.
Additionally, the Company is scheduled to report its fiscal Q3
results after the market close on Tuesday,
November 8th, 2016.
About AcuityAds:
AcuityAds is a technology company that enables marketers to
connect intelligently with their most meaningful audiences through
digital media. A Self-Serve programmatic marketing platform,
powered by proprietary machine learning technology, is at the core
of its business, accompanied by a patented solution for mobile
targeting that leverages social data. AcuityAds empowers
marketers by offering transparency on costs and brand safety, and
real-time reporting and analytics, bringing accountability to
programmatic advertising to deliver business results.
AcuityAds is headquartered in Toronto,
Canada with sales offices in New
York City, Boston,
Chicago, Los Angeles, San
Francisco, San Diego,
Vancouver, Calgary and Montreal. For more
information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking
Statements
Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities laws.
Forward-looking statements are necessarily based upon a number of
estimates and assumptions that, while considered reasonable by
management at this time, are inherently subject to significant
business, economic and competitive uncertainties and contingencies.
Investors are cautioned not to put undue reliance on
forward-looking statements. Except as required by law, AcuityAds
does not intend, and undertakes no obligation, to update any
forward-looking statements to reflect, in particular, new
information or future events. The Company's client that has been
mentioned in this press release has the right to exercise an out
clause right at any time during the advertising campaign.
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.
SOURCE AcuityAds Inc.