A license and partnership agreement has been signed whereby TargetEveryOne AB will be established in the United States and Canada as TargetEveryOne Inc. The new company will be headed by Matt Harris, Srini Kandikattu and Robert Chiumento. Robert Chiumento will be responsible for the commercial strategy and the daily business. Together they have more than twenty years of professional experience in the mobile business.
The agreement provides a non-exclusive right to customize, use, distribute and support TargetEveryOne in North America. The agreement also gives a limited right to use the brand name and trademarks held by TargetEveryOne.
- This is definitely one of our most significant contracts to date, says Björn Forslund, CEO of TargetEveryOne. North America is the market with the highest potential and we have for some time been negotiating with various stakeholders for the establishment, and my first choice has always been with this group. The main reason is their solid industry experience .
- There is a need in North America for a user friendly and cost-effective mobile solution targeted at small and medium-sized companies for sending marketing campaigns via SMS, email and social media, says Robert Chiumento. Historically, we have supplied simple SMS solutions for some of the largest brands in North America. With TargetEveryOne´s products, we can now take the next step in the value chain and deliver a much more complete solution to the market.
Under the agreement TargetEveryOne AB receives royalty payments in addition to a startup fee of 50 000 USD.
We help you go mobile! Create relations with your target groups with our online drag and drop solution.
For more information, contact
Bjorn Forslund, CEO,email@example.com, +47 484 83 838
TargetEveryOne AB (publ) is obligated to publish this information under the EU Market Abuse Regulation and Act Securities Market Act and / or the Trading in Financial Instruments. The information was provided by the above contact person's auspices, for publication on November 24th 2016 at 01:30 pm.
TargetEveryOne helps companies build better mobile customer relationships and increase sales with a user-friendly and efficient cloud service for mobile marketing. The company, listed on Nasdaq First North, Sweden, started in the Nordic mobile entrepreneurial environment and now has customers and partners in over 80 countries.www.targeteveryone.com
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