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Vancouver, BC - April 25, 2018 - Venzee Technologies Inc. (TSX-V:VENZ) (“Venzee” or the “Company”), is pleased to announce that it has entered into a letter of intent (the “LOI”) with Mobius Knowledge Services Inc. ("Mobius") to bring together Venzee’s data distribution capabilities with Mobius’ extensive data enhancement and enrichment services.
Mobius is a trusted data solutions provider to more than 50 Forbes 2000 companies, with reference clients including GAP, Inc., Amazon, and GM. Mobius delivers over 62 million records every month, across more than 30 data sets, combining 14 years of experience with over 1,000 data experts. Mobius’ technology-driven solutions, managed services, and unique managed crowdsourcing ecosystem are structured around delivering rich, accurate, and SEO-friendly (search engine optimization) product content by leveraging web data.
Peter Mackay, CEO of Venzee, commented, “Our growing relationship with Mobius highlights our Channel Partner strategy, one that allows us to connect with best-of-breed solution providers in the product content industry. Partnering with Mobius validates Venzee’s capabilities in data distribution and will allow vendors and retailers to remove costly manual labour from the product information development and exchange process.”
Karthik Karunakaran, CEO and co-founder at Mobius, commented, “By integrating Venzee’s content distribution capabilities with Mobius, we can provide omnichannel product content at a speed and accuracy that has been missing from a number of industry verticals where we have a strong presence. By leveraging Venzee’s technology across our customer relationships, we can meet the growing demand for real-time content distribution.”
John Abrams, Vice President of Business Development at Venzee, added, "Mobius is a trusted data resource for clients across a number of industry verticals. We are excited to combine Mobius’ domain expertise with Venzee’s distribution tools. Our partnership creates a one-stop shop for efficient product content solutions to satisfy retail and consumer demand for extensive omnichannel product content.”
Venzee and Mobius have entered into the LOI in respect of their partnership, the terms of which will be set out in a definitive agreement.
Mobius entered the world of ecommerce and web research in 2002, and it’s been an exhilarating ride ever since. From our humble beginnings as a shared services and consulting company to becoming a trusted data solutions partner to 50+ Forbes 2000 companies, we’ve tried to stay true to our core values - delivering value and exceptional quality to our customers and subscribers, and making a difference to the community as a whole.
For more information on Mobius, please visit https://www.mobiusservices.com/
Venzee is a SaaS (software as a service) company that launched in 2014 to help e-commerce vendors and retailers easily share product information in a US$23 trillion retail industry (source: Statista). Traditionally, this was achieved by using spreadsheets, which created a laborintensive, error inducing process that delayed products from reaching the marketplace. Venzee’s technology streamlines product information management, allowing vendors and retailers to seamlessly share information, avoiding delays and getting products to market faster than ever.
To learn more about Venzee, visit https://venzee.com.