Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Digital Marketing, Rewards Software Firm Signs Agreements With Repeat Clients
News Update

Share on Stocktwits


These take Datable Technology's total number of new agreements so far this year to 23.

Datable Technology Corp. (DAC:TSX.V; TTMZF:OTCMKTS) announced in a news release it signed three new agreements, with an estimated total value of about $184,000, to provide licenses for certain modules of its digital marketing software suite PLATFORM³ along with digital rewards.

"PLATFORM³ is being used by some of our customers under long-term licenses where they build loyalty with consumers while collecting data that enhances product development and marketing. Other customers use our solution to launch multiple short-term marketing programs to drive incremental sales and launch new products. These new agreements are with repeat customers who have had success using PLATFORM³ to achieve their goals," CEO Rob Craig said in the release.

Two of the agreements are U.S. based while the third relates to Canada.

One of the U.S. agreements is with a developer and distributor of vaping products, which renewed its annual PLATFORM³ subscription, for an additional two years starting in July 2020, and its loyalty and rewards program in the U.S.

The second U.S. agreement is with a national packaged meat products producer and distributor for a marketing and associated rewards program. Consumers in the United States who buy a qualifying amount of the company's products in September 2020 will be entered into a sweepstakes to win prizes.

A large manufacturer and distributor of chocolate products signed on for a rewards program. Canadian customers who purchase the company's products between August and November 2020 will receive a free movie download from a national cinema chain.

So far in 2020, Datable entered into 23 new agreements, "which together with existing license agreements signed in prior periods represent contracted revenues of over $3.6 million, of which approximately 60% is expected to be recognized in 2020," the release noted.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with Datable Technology. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Datable Technology, a company mentioned in this article.

Want to read more about Technology investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe