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Venzee Technologies Provides Corporate and Channel Partnership Update

Venzee Technologies Provides Corporate and Channel Partnership Update Canada NewsW...

articleJasperx Technologies Inc.May 6, 20194/company/jasperx-technologies-inc/news/venzee-technologies-provides-corporate-and-channel-partnership-update
Venzee Technologies Provides Corporate and Channel Partnership Update

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[{"type":"text","content":"\n\n\n\nVenzee Technologies Provides Corporate and Channel Partnership Update\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 6, 2019\n\n\n\nLeading Supply Chain Technology Partnerships Continue to Build Momentum Positioning Venzee to be a Major Industry Disruptor\n VANCOUVER, May 6, 2019 /CNW/ - Venzee Technologies Inc. (TSX-V: VENZ) (\"Venzee\" or the \"Company\") is pleased to provide an update on the Company's channel partnerships and provide insight for 2019. In 2018 Venzee shifted from direct sales to a channel partnership model, which has proven to be highly successful in attracting industry-leading technology partners that recognize the value of Venzee's Mesh API content delivery solution. These partnerships are gaining industry recognition and building a path for high margin, recurring revenue. \n\n \n \n\n \nSince announcing the channel partnership model, the Company has executed five agreements, in which two have completed integration, and continues advanced discussions with over 25 potential partners. Through five signed channel partnership agreements, Venzee has access to more than 100,000 brands and manufacturers, while the LOI's and advanced discussions represent an opportunity many times the size and includes the largest supply chain technology providers in the market. The Company believes it will close additional channel partnerships in 2019. \nChannel partners are supply chain technology providers for global brands, manufacturers and retailers which include Product Information Management (PIM), Master Data Management (MDM), Digital Asset Management (DAM),  Enterprise Resource Planning (ERP) and Electronic Data Interchange (EDI) companies. Venzee aims to integrate its Mesh API to enrich their core offering as the delivery platform for product information to online retailers. Examples of existing channel partner clients include Amazon, Costco, Walgreens, Loblaws, ConocoPhillips, GAP, General Motors, BMW, Chevron, Indigo, Bosch, Kawasaki, Brightstar, Polaroid, and Weber to name a selec...

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