16-month Contract Valued at CAD $272,000
MONTREAL, July 18, 2019 /CNW/ -- Engagement Labs Inc.
(TSXV: EL) is pleased to announce a new deal in support of
its growth strategy with the signing of a key new UK client.
The deal is with a major challenger bank in the UK to utilize
TotalSocial® as its proprietary data and analytics platform for
social intelligence. The total value of the contract is CAD
$272,000 (£160,000) over the 16
months.
The new client chose Engagement Labs' TotalSocial platform to
help the firm manage and improve its reputation, competitive
intelligence and improve brand health. This is a new addition to
Engagement Labs' growing roster of financial industry clients in
the UK and US markets. The Financial Sector is increasingly focused
on customer centricity, and customer advocacy is increasingly
important as a driver of growth in an evolving industry.
TotalSocial helps financial services companies to create strategies
and monitor performance against this objective.
"We are very pleased and excited to add this bank brand to our
roster of clients," said Ed Keller,
CEO of Engagement Labs. "Our Client understands well the importance
of social influence data and analytics to drive enhanced marketing
ROI and effectiveness, and has embraced TotalSocial for the value
it can bring in providing a unique perspective on social engagement
and its impact on its reputation and brand performance."
"Our Client recognizes the TotalSocial platform's ability to
help achieve its goals, including improved marketing ROI and growth
in top line revenue," added
Steven Brown, President & Chief
Revenue Officer of Engagement Labs. "We have strong experience in
the finance sector and I am particularly encouraged by our recent
momentum in the UK, which is a strong harbinger for further growth
for the company."
About Engagement Labs
Engagement Labs (TSXV: EL) is an
industry-leading data and analytics firm that provides social
intelligence for Fortune 500 brands and companies.
To learn more visit www.engagementlabs.com
Neither TSX Venture Exchange nor IIROC accepts responsibility
for the adequacy or accuracy of this release.
For media inquiries please contact:
Vanessa Lontoc / Ed
Keller, CEO
Engagement Labs
vanessa.lontoc@engagementlabs.com /
ed.keller@engagementlabs.com
SOURCE Engagement Labs