TORONTO, ONTARIO – February 5, 2024 – Adcore Inc. (the “Company” or “Adcore”) (TSX:ADCO) (OTCQX:ADCOF) (FSE:ADQ), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way (“Effortless Marketing”), today announced the renewal of its channel partner agreement with Microsoft Advertising for 2024, further cementing its position as a key player in digital marketing. This renewal comes on the heels of the company being honored as the Global Partner of the Year for 2023 by Microsoft Advertising, a testament to its exceptional performance and innovation in the field. Since joining the Microsoft Advertising Partner Program in September 2019, Adcore has consistently demonstrated excellence, earning the esteemed Microsoft Elite Partner status in February 2022. This accolade recognizes the company’s superior technological solutions and its effective strategies in attracting unique advertisers to Microsoft Advertising.

 

Omri Brill, CEO of Adcore, commented, “The renewal of our partnership with Microsoft for 2024 isn’t just a continuation; it’s a pivotal moment that aligns with our focus for the year ahead. Following our accolade as Microsoft’s 2023 Advertising Global Channel Partner of the Year and building upon our 2022 recognition for the EMEA region, we are setting our sights even higher for 2024. Our strategy is laser-focused on driving new business towards Microsoft and growing top-of-funnel activities on the Microsoft Audience Network and Connected TV, including leveraging exclusive assets that Microsoft offers, such as Netflix advertising. This partnership has consistently empowered us to enhance our offerings and deliver substantial value to our clients, helping them to broaden their digital advertising horizons.”

 

Nigel Leggatt, Director of Partner Sales – EMEA at Microsoft, “I’m delighted with the continued success of our channel partnership with Adcore. Their international growth and diverse client base across multiple industries have been remarkable, benefiting greatly from the integration of Microsoft Advertising products into Adcore’s Marketing Cloud solutions. The synergy between our companies has been a driving force, creating substantial value. As we enter the fifth year of our collaboration, the positive feedback from Adcore’s clients highlights the tangible results and future growth opportunities of this partnership. Adcore has become a key partner, and we’re excited about the potential our future collaboration holds.”

ABOUT ADCORE 

Adcore is a leading AI-powered marketing and online learning technology company.

By combining extensive industry knowledge and experience with its proprietary artificial intelligence (AI) powered technology, 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. Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner and TikTok Partner. 

Adcore also runs Amphy, the world’s most diverse 24/7 live online learning marketplace. Learners can choose from thousands of classes across hundreds of categories to grow their passions, skills and expand their children’s learning opportunities. Instructors on the Amphy platform join a vibrant virtual teacher community that promotes and supports their success through enrichment seminars, marketing and advertising, and a suite of tools that allow them to run their classes hassle-free and focus on their students. Amphy students gain access to high-quality, personalized classes that are accessible 24/7, while joining a growing community of lifelong learners. 

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/, https://www.adcore.com/blog or follow us on LinkedIn. For more information about Amphy please visit  https://www.amphy.com/ and https://blog.amphy.com/ or follow us on LinkedIn, Facebook, Instagram and YouTube.  

FORWARD-LOOKING STATEMENTS 

This press release contains or may contain 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.

FUTURE ORIENTED FINANCIAL INFORMATION

 Any financial outlook or future oriented financial information contained in this press release, as such term is defined by applicable securities laws, has been approved by management of Adcore as of the date hereof and is provided for the purpose of providing information about management’s current expectations and plans relating to the new digital advertising contract with a health and wellness company based in Australia. Readers are cautioned that any such future oriented financial information contained herein should not be used for purposes other than those for which it is disclosed herein. The Company and its management believe that the prospective financial information has been prepared on a reasonable basis, reflecting management’s best estimates and judgments. However, because this information is highly subjective, it should not be relied on as necessarily indicative of future results.

For further information please contact: 

ADCORE INC. 

https://www.adcore.com/investors/ 

Martijn van den Bemd,

Chief Partnerships Officer

Telephone: 647-497-5337

Email: [email protected]  

Investor Relations

Glen Akselrod

Bristol Capital 

Telephone: 905-326-1888 ext 1

Email: [email protected] 

Investor Relations Europe

Dr. Eva Reuter

Dr. Reuter Investor Relations

Telephone: +49 (0) 69 1532 5857

Email: [email protected] 

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