TORONTO, Jan. 13, 2016 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds" or "Company"), a leading provider of targeted digital media solutions, enabling advertisers to connect intelligently with audiences across online display, video, social and mobile campaigns, today announced that they have been shortlisted as one of three finalists for Cantech Letter's 2015 TSX Venture Tech Stock of the Year Award.
"We are honoured to be selected as a top three finalist for this very prestigious award that recognizes fast growing technology companies here in Canada," said Tal Hayek CEO of AcuityAds. "Being nominated alongside two very strong candidates confirms our brand is receiving recognition from industry members, consumers and investors alike as a leader in technology, while solidifying our company as a dominant player in the programmatic marketing space here in Canada."
"Our primary goal in 2015 was to aggressively move towards a positive EBITDA by continuing to grow our top line and reducing our costs," continued Mr. Hayek "We are very proud of the customer base we have built over the past year and most importantly, the support our customers have shown us with their loyalty to our programmatic advertising platform."
The Cantech Letter 2015 TSX Venture Tech Stock of the Year award recognizes significant achievements in the Canadian Tech industry. Previous winners include TIO Networks and BSM Wireless. Among this year's finalists are AcuityAds Inc., QHR Technologies and TIO Networks. Winners are voted upon by analysts covering the Canadian Tech sector.
AcuityAds offers a suite of programmatic marketing services with transparent tools, expertise and support to maximize digital advertising investment. Its programmatic marketing platform is powered by proprietary machine learning technology enabling advertisers to target and connect intelligently with their audiences across online display, video, social and mobile campaigns. With operations in Toronto, New York, Los Angeles, Montreal, Chicago, and Boston, AcuityAds's customers range from both large Fortune 500 enterprises to small and mid-sized businesses. For more information, visit www.acuityads.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws, including but not limited to statements regarding AcuityAds' areas of focus and service offerings. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, AcuityAds does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. The Company's client that has been mentioned in this press release has the right to exercise an out clause right at any time during the advertising campaign.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE AcuityAds Inc.
For further information: please contact: Babak Pedram, Investor Relations, Virtus Advisory Group Inc., 416-644-5081, [email protected]; Tal Hayek, Chief Executive Officer, AcuityAds Inc., 416-218-9888, [email protected]