TORONTO and NEW YORK, March 7, 2019 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds" or "Company"), is pleased to announce that it has signed an existing global Consumer Packaged Goods ("CPG") client to a new $2m contract to manage their digital advertising campaigns. The contract will run throughout 2019 and Acuity is working directly with the client.
"We continue to see substantial growth in spend and longer term contracts from our existing clients as we deliver them outstanding ROI," said Tal Hayek, Chief Executive Officer of AcuityAds. "The increased spend from this long standing client is a testament to the success of our industry-leading technology, and we are seeing the same type of activity from many other accounts. Our pipeline is stronger than it has ever been in the history of our company and we are incredibly excited about what lies ahead in 2019."
AcuityAds is a leading technology company that provides marketers a powerful and holistic solution for digital advertising across all ad formats and screens to amplify reach and Share of Attention® throughout the customer journey. Via its unique, data-driven insights, real-time analytics and industry-leading activation platform based on proprietary Artificial Intelligence technology, AcuityAds leverages an integrated ecosystem of partners for data, inventory, brand safety and fraud prevention, offering unparalleled, trusted solutions that the most demanding marketers require to be successful in the digital era.
AcuityAds is headquartered in Toronto with offices throughout the U.S., Europe and Latin America. For more information, visit AcuityAds.com.
Disclaimer in regards to Forward-looking Statements
Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws. 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 have been mentioned in this press release have 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: Tal Hayek, Chief Executive Officer, AcuityAds Holdings Inc., 416-218-9888, firstname.lastname@example.org; Jonathan Pollack, Chief Financial Officer, AcuityAds Holdings Inc., 416-218-9888, email@example.com; Babak Pedram, Investor Relations, Virtus Advisory Group Inc., 416-644-5081, firstname.lastname@example.org