- Strengthens Technology Team -
NEW YORK CITY, NY, Nov. 9, 2015 /CNW/ - Frankly Inc. (the "Company") (TSX-V: TLK) a leading content and conversation platform, today announced that its wholly-owned subsidiary, Frankly Media, has bolstered its mobile and platform technology capabilities with the appointment of veteran technologists Omar Karim and Todd Randak, founders of Mobdub LLC, a company that develops news mobile apps. Mr. Karim joins Frankly Media as Head of Strategy and Mr. Randak joins as Head of Product.
Frankly Media also enters into a long-term technology license agreement with Mobdub LLC, a company founded by Mr. Karim and Mr. Randak. Through this agreement, Frankly will now operate and control 59 news apps. This enables the Company to extend its coverage to mobile apps and connected devices for local broadcasters. The agreement also provides Frankly Media with exclusive, perpetual access to Mobdub's news mobile apps and provides Frankly with the exclusive option of acquiring these technologies in the future.
"We're delighted that Omar and Todd have joined the Frankly team," said Steve Chung, Founder and CEO, Frankly Inc. "They bring a wealth of experience in the mobile space and prior to their founding of Mobdub LLC, they were executives at Worldnow. The Mobdub technology stack enables Frankly Media to market its next generation technology products and services which will drive engagement and revenues for our customers. With the onboarding of 59 of Mobdub's deployed mobile applications, we can now reach millions of end users which enhances the Frankly Media offering."
About Frankly: Frankly provides a platform and first-in-class data capabilities for media companies, enterprises, and brands to grow their audience, build engagement, manage their content, and generate revenue across their digital properties. Frankly Media provides content management and advertising solutions to local news media in the United States, covering approximately 100 million monthly users. Frankly Platform is a white-labeled engagement platform that serves top brands and influencers along with Frankly Media customers. Founded in 2013, Frankly is headquartered in San Francisco, California, with offices in New York City. The Company is publicly traded under ticker TLK on Canada's TSX Venture Exchange. To learn more, please visit www.franklyinc.com or email firstname.lastname@example.org.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice regarding forward-looking statements:
This release includes forward-looking statements regarding Frankly and their respective businesses. Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the parties. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
SOURCE Frankly Inc.
For further information: Contact information: Conrad Seguin, NATIONAL Equicom, 416.586.1951, email@example.com; or Frankly Inc., Steve Chung, Chief Executive Officer, 415.861.9797