November 21, 2019
Vancouver, BC – Venzee Technologies Inc. (TSX-V: VENZ) (the “Corporation” or “Venzee”) a leader in intelligent content distribution with functional integration to 175 major retailers and their brand suppliers, and EnterWorks®, the leading provider of Master Data Management (MDM) and Product Information Management (PIM) solutions, today announced their partnership to enable best-in-class content for commerce in the collaboration of brands and retailers. The partnership will amplify both companies in their B2B2C service to all product-centric businesses that to differentiate through consistent, accurate data in support of industry-specific brand and product stories for omnichannel commerce.
EnterWorks Enable is a Multi-Domain Experience Management (MxM) platform, comprised of MDM, PIM, and Digital Asset Management (DAM), as well as portals for suppliers, sales and services. The platform is designed to provide trusted data and insights for industry P&L owners (e.g. product/category managers, heads of ecommerce, divisional presidents, etc.) as they craft compelling experiences with the support of their functional leads (marketing and merchandising, operations, sales, and supply chain) across brand manufacturers, distributors and retailers.
Both companies are among the fastest growing in their sectors and, in combination, provide a comprehensive solution for companies striving to keep pace with the digital transformations needed to maintain their share of wallet among brand-conscious and digitally enabled customers.
John Abrams, President and CEO of Venzee said: “We have been quickly expanding our retail integrations and are on track to hit our 2019 goal of connecting to the 250 largest retailers around the world. The EnterWorks platform, with its ability to enable our customers to better deliver differentiated experiences derived from our content sources, complements the capabilities of our intelligent platform in helping our customers and their trading partners compete on content.”
“Our partner program incorporates globally recognized offerings that support the next generation leadership status of our MxM software platform,” added Rick Chavie, General Manager of EnterWorks. “The EnterWorks’ B2B2C model for experience management is predicated in enabling both internal and external customers, such as a sales associate or a consumer, with relevant offers. With Venzee, we are able to extend the reach of our platform to automate more distinct commerce endpoints in covering a landscape of brands and retailers serving digitally enabled customers.”
About EnterWorks®, a Winshuttle Company
The EnterWorks Multi-Domain Master Experience Management (MxM) solution enables companies to acquire, master, manage, govern, and transform multi-domain experiences across their value chain into a competitive advantage for organizations of all sizes – from SMBs to global enterprises. Solutions offered include: Master Data Management, Product Information Management, Digital Asset Management, Golden Record Management, Data Stewardship, MDM Workflow & Business Process Enablement, Data Governance, Data Synchronization, Syndication & Integration, Digital Asset Management, Print Automation, and Self-Service Portals.
EnterWorks is highly ranked by various research analysts and used by industry leaders such as: Ariens, Big Rock Sports, CPO Commerce, Creative Converting, Darigold, Fender Musical Instruments, Guthy-Renker, Hearth & Home Technologies, HON Furniture, HP Hood, Interline Brands, Johnstone Supply, Mary Kay, Mercer, Orgill, Publishers Clearing House, Restoration Hardware, Strategic Market Alliance, US Foods, and W.B. Mason. Learn more at http://www.enterworks.com.
About Venzee
Venzee is an intelligent content distribution solution that eliminates inefficiencies in the digital supply chain by delivering consumer-ready product information to retailers via a peer-to-peer network. Powered by our core technology, Mesh, Venzee automates content exchange workflows that increase margins and accelerates revenue. Through a suite of products, we provide customized solutions for enterprises of all sizes, meeting each client’s desired level of sophistication and automation.
Venzee operates as a Software as a Service (SaaS) platform, allowing flexibility for enterprise customers of all sizes wishing to improve their digital supply chain solutions.
To learn more about Venzee, visit venzee.com.
On Behalf of the Board,
John Abrams
President and CEO
Venzee Technologies, Inc.
john@usevenzee.com
Venzee, Investor Relations
Caleb Jeffries
Kin Communications Inc.
1-866-684-6730
VENZ@kincommunications.com
Forward-Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the expected use of the net proceeds received by the Company. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; and regulatory risks. Additional information about these assumptions and risks and uncertainties is contained under “Risk Factors and Uncertainties” in the Company’s management’s discussion and analysis for the year ended December 31, 2018 and the quarter ended August 29, 2019, which are available under the Company’s SEDAR profile at www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future.
Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
