For Immediate Release
Waterloo, Ontario, June 25, 2015: SponsorsOne Inc. (CSE: SPO) (Frankfurt: 5SO) (“SponsorsOne” or the Company”), the Company that developed the SponsorsCloudTM platform that allows Brands to build authentic and engaged communities around their products and services, is pleased to announce that it has completed the acquisition of 100% of the shares of NFU Inc., a Toronto based Marketing Agency.
“NFU brings deep connections with major Brands and Celebrity Influencers which will be instrumental in the roll out of the SponsorsCloud this year,” states Myles Bartholomew, CEO, SponsorsOne. “Adam Pearsall will assume the roll of Chief Revenue Officer bringing his vast network within the agency business to SponsorsOne.”
“As CEO and Founder of NFU, I envision SponsorsOne becoming the leading social influence platform through which marketers can inspire conversations about their brands,” states Adam Pearsall, Chief Revenue Officer of SponsorsOne. “SponsorsOne will change how businesses view efficient marketing campaigns and collection of performance metrics that drive return on every marketing dollar.”
NFU Inc., over 10 years has established strong relationships with agencies and brands, including past clients such as Nike Canada. Additionally, NFU has worked with celebrity management companies that manage over 2,500 celebrity influencers that total over one billion followers within the social networks, giving SponsorsOne broad access to influencer marketing programs that will drive adoption of the SponsorsCloud.
The common shares of NFU were acquired in exchange for 1,292,308 common shares of SponsorsOne Inc. at a price of $0.65 per share or book value of CAD$840,000.00. NFU is now a wholly owned subsidiary of SPO and will act as the sale, support and delivery organization for Canada
About SponsorsOne Inc.:
With the SponsorsCloudTM platform, SponsorsOne is creating Brand focused proprietary ad networks. Data driven marketing campaigns and creative combined with a proprietary social ad network will change the face of the agency and the way Brands connect to their customers. Brands can now inspire real movements around their products and services in which their most valuable customers become their best salespeople producing far greater ROI than current social media advertising methods.
SponsorsOne is also the creator of a proprietary SponsorsCloud and a Social Sponsorship Currency that gives consumers real compensation for their authentic social media engagement (blogs, videos, tweets, pins and posts) along with a Social Marketplace to trade their Social Currency for products and services with the Brands they love.
ON BEHALF OF THE BOARD
Gary Bartholomew, Executive Chairman
To learn more or inquire please visit http://sponsorsone.com/
The Canadian Securities Exchange (“CSE”) has neither approved nor disapproved the contents of this Press Release.
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