HOLLYWOOD and SALT LAKE CITY, April 25, 2019 (GLOBE NEWSWIRE) -- VERB Technology Company, Inc. (NASDAQ:VERB) ("VERB"), a leader in business-focused interactive video sales and marketing applications and the pioneer of Augmented Sales Intelligence software, announces that it has added direct selling market leader Stream Energy ("Stream") to its client roster. A provider of energy, wireless, and protective home services in seven states and Washington DC, Stream has grown into one of the largest direct selling companies in the global energy market.
Stream represents one of the first clients to adopt the newly combined digital platform launched immediately following the successful closing of Verb's recent acquisition of Utah-based Sound Concepts, the leading provider of sales tools for the direct selling industry. A next-generation digital platform that combines the best of Sound Concepts' Brightools technology and Verb's interactive video technology, this new platform has been designed specifically to meet the needs of the direct selling industry.
Stream unveiled its launch of Stream Share, its custom designed version of Verb's new digital platform, at the Ignition 2019 event on April 11-13, 2019. Stream Share incorporates Verb's industry leading interactive video functionality which will enable thousands of Stream's independent sales associates to create their own custom video content with clickable ‘taggs' embedded directly into the video allowing customers and prospects to respond to Stream reps in real-time, right through the video, increasing engagement and conversion rates far beyond other products available in the market today. Stream's independent sales associates will utilize the new digital platform to easily share video-based product and company information with current and prospective clients and track their engagement resulting in a more efficient and effective sales process and shorter sales cycle.
"The highlight of the event was the launch of the Stream Share app which provides our Independent Associates with powerful and entirely unique tools to build their business with greater efficiency and enjoy success in ways never before seen," commented George Pinon, Stream's Vice President of Information Technology. "Particularly exciting was the release of the system's interactive video functionality. This feature allows our Independent Associates to create their own custom video content while embedding custom links to their personal website right in the video. This is a highly professional and developed product that will continue to distinguish Stream as a forward-thinking leader within the direct sales industry."
"We're particularly proud that Stream chose our new digital platform to empower its Independent Associates with the most effective sales tool in the industry," stated McKinley Oswald, President of Verb's Direct Sales Division. "We look forward to working with Stream and delivering the tools that will help them stay at the forefront of the industry."
Stream (Stream Energy) is a leading direct selling company and provider of energy and wireless services. Founded in 2005, Stream's innovative use of direct selling revolutionized the energy industry, growing into one of the largest direct selling companies in the global energy market. Today, Stream Energy Services offer simple plans with competitive pricing to power homes and businesses in Texas, Georgia, Pennsylvania, Maryland, New Jersey, New York, Illinois, Delaware, Ohio and Washington, D.C. Stream Wireless is available nationwide.
About VERB Technology Company, Inc.
VERB Technology Company, Inc. is rapidly emerging as the market leader in sales and marketing applications utilizing its proprietary interactive video data collection and analysis technology. Following its successful acquisition of Utah-based Sound Concepts, the leading provider of digital tech-based marketing and customer relationship management applications for the direct sales, network marketing and affiliate marketing industries, the newly combined company provides next-generation customer relationship management ("CRM"), lead generation, and video marketing software applications under the brand name TAGG. The Company's proprietary and patent-pending technology produces real-time, measurable results with customers reporting greater than 600% increases in conversion rates. The Company's software-as-a-service (SaaS) products are cloud-based, accessible on all mobile and desktop devices, and are available by subscription for individual and enterprise users. The Company's technology is integrated into popular ERP, CRM, and marketing platforms, including Oracle NetSuite, Adobe Marketo, and integrations into Salesforce.com, Odoo, and Microsoft, among others are underway. To create and ‘tagg' your own videos that you can share and post to social, try taggLITE, available for FREE on our website.
For more information, please visit: www.myverb.com
Cautionary Note on Forward-Looking Statements
This press release may contain "forward-looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In accordance with the safe harbor provisions of this Act, statements contained herein that look forward in time that include everything other than historical information, involve risks and uncertainties that may affect the Company's actual results. There can be no assurance that such statements will prove to be accurate and there are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the Company, including, but not limited to, plans and objectives of management for future operations or products, the market acceptance or future success of our products, and our future financial performance. The Company cautions that these forward-looking statements are further qualified by other factors including, but not limited to, those set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2018, and other filings with the U. S. Securities and Exchange Commission (available at www.sec.gov). The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events, or otherwise.
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Source: Verb Technology Company, Inc.