11 Dec, 2019, 07:35 ET
Video integration represents a new revenue stream for Killi and its users, supplementing the survey engine currently available inside of the application.
TORONTO, Dec. 11, 2019 /CNW/ - Killi, a consumer-led privacy application, wholly owned by Freckle Ltd. (TSXV: FRKL), today announced the addition of video monetization to the android version of its mobile application. The addition of video allows Killi users, in all countries that Killi is available, to watch videos and be compensated in cash for their participation and time.
"The addition of video to the Killi application adds a new revenue stream for our users and supplements the international survey engines that we have previously incorporated into the application," said CEO Neil Sweeney. "When debating the implementation of this feature we polled our user base and 97% of our customers said that they would be interested in participating in video monetization. Having a module that can appeal to virtually all Killi users while also contributing to their monthly earnings made this addition a natural next step for us."
With GDPR (General Data Protection Regulation) currently live in the EU, requiring the explicit consent from consumers for the use of their data, and the California Consumer Privacy Act (CCPA), which mirrors GDPR, coming into effect January 1st, 2020, brands and companies are increasingly looking for a new source of compliant data to power their businesses. Freckle's privacy product, Killi, is the market leader in this space and is poised to benefit from this macro privacy trend while it continues to add additional modules for consumers to control and be compensated for their data.
About Freckle (TSX.V: FRKL)
Freckle's consumer identity mobile application "Killi" (killi.io) allows consumers to take back control of their digital identity from those who have been using it without their consent. With Killi, consumers can opt-in and select specific pieces of personal information that they would like to share with companies, as well as answer specific surveys, and be compensated directly for these answers. Download it here.
Freckle, via its data and offline measurement products, also allows leading brands and platforms to measure the effectiveness of their advertising by independently matching media spend to in-store visitation while remaining media agnostic. Freckle's technology is used by Fortune 500 brands like McDonald's, Lexus, Walmart, Verizon and AT&T, and is a core component of the top demand-side platforms (DSPs) and data management platforms (DMPs) used around the world.
For more information, please visit freckleiot.com / killi.io
Neither the 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 news release.
DISCLAIMER FOR FORWARD-LOOKING INFORMATION
Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements, including the receipt of all necessary regulatory approvals, capital expenditures and other costs, and financing and additional capital requirements. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements in this news release include statements regarding the success of the partnership between Influential and Killi. Although management of the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Corporation assumed no obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws.
The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
SOURCE Freckle Ltd.
For further information: Andrew Elinesky, CFO, +1 416-904-2725, [email protected]; Sean Peasgood, Investor Relations, +1 647-558-0675, [email protected]
Share this article