TORONTO, ONTARIO – September 1, 2021 – Adcore Inc. (the “Company” or “Adcore”) (TSX:ADCO) (OTCQX: ADCOF) (FSE:ADQ) (TSX: ADCO-WT), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way (“Effortless Marketing”), will be featured on the program “Money Talks With Michael Campbell” on Saturday, September 11, 2021 at 11:30am ET. The broadcast will be available at: https://mikesmoneytalks.ca/
The Money Talks segment will focus on the significant opportunity for investors in the Education Technology sector (EdTech), with a spotlight on Adcore’s latest innovation: Amphy, the world’s most diverse 24/7 live online learning marketplace, which Adcore formally launched in July 2021. The Amphy platform features a broad selection of live classes on topics ranging from business and language instruction to cooking and fitness, with a strong emphasis on instruction for children and young adults, with the goal of creating a long-term subscriber base. Amphy connects local teachers to a global audience and allows them full flexibility to set their own pricing and schedules. Likewise, students on Amphy’s platform can actively participate in live classes tailored to their individual needs and receive personalized, real-time feedback. Since its soft launch earlier this year, the platform has screened and onboarded 300+ teachers and is actively offering 1,000 classes across 70 categories to thousands of students.
Immediately following the broadcast, at 1pm ET, Omri Brill, Chief Executive Officer of Adcore will host a webinar, to provide additional information about Amphy to investors. Interested parties may register in advance for the webinar at:
https://us02web.zoom.us/webinar/register/WN_HfiUHWMvQoyLEC5KjyjNdA
Other corporate updates
Adcore also announces that effective August 31, 2021, it has discontinued its investor relations services agreement with Virtus Advisory Group (“Virtus”), pursuant to which Virtus provided certain investor relations consulting services to the Company alongside IMS Investor Relations, which will continue its current role.
“As we strategize our investor relations efforts for the second half of 2021, we believe it makes sense to refresh our IR team in Canada. We appreciate Virtus’ contributions to date and would like to thank them for their work on behalf of the Company,” commented Omri Brill, Chief Executive Officer of Adcore.
ABOUT ADCORE
Adcore is empowering entrepreneurs, advertisers, and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. In addition to being named numerous times on Deloitte’s Fast 50 Technology list, Adcore is a certified Google Premier Partner, Microsoft Partner, Facebook Partner and TikTok Partner.
Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.
For more information about Adcore, please visit https://www.adcore.com/investors/
FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements, including statements about the Company. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
For further information please contact:
ADCORE INC.
Martijn van den Bemd,
GM North America
Telephone: 647-497-5337
Email: [email protected]
U.S. Investor Relations Contact:
John Nesbett/Jennifer Beldeau
IMS Investor Relations
Telephone: 203-972-9200
Email: [email protected]
Canada Investor Relations
Contact:Virtus Advisory Group
Telephone: 416-644-5081
Email: [email protected]