Business
KIDOZ Operational Integrations and Corporate Merger Now Complete
ANGUILLA, B.W.I. / ACCESSWIRE / May 2, 2019 / KIDOZ Inc. (TSXV: KIDZ) (the "Company"), kid-t...
About this update from Kidoz Inc
[{"type":"text","content":"KIDOZ Operational Integrations and Corporate Merger Now CompleteANGUILLA, B.W.I. / ACCESSWIRE / May 2, 2019 / KIDOZ Inc. (TSXV: KIDZ) (the \"Company\"), kid-tech software developer, owner of the KIDOZ content discovery network, the KIDOZ Kid-Mode Operating System (www.kidoz.net), the Rooplay edu-games platform (www.rooplay.com), and publisher of the Rooplay Originals games library, announced today that it has completed its restructuring, launched a revised version of its corporate website www.kidoz.net, and has returned focus to the sales, marketing, and development of its suite of products.Since the Shoal Games Ltd. acquisition of Kidoz Ltd. of Israel was completed on March 4, 2019, the Company has changed its name to Kidoz Inc.; changed its ticker symbol on its main trading exchange, the TSX.V, to KIDZ; changed its ticker symbol on the OTCQB to KDOZF for US priced quotes and information purposes; and completed the evaluation and implementation of the technical, accounting, and operational processes at the two Companies.Significant advancements have been made in the combined Company's accounting processes to ensure that the tight public company reporting requirements can be met by all of the KIDOZ operating units. Further, KIDOZ has unified its communication, development, and sales operations to ensure visibility across the Company's multiple offices. The installation of collaboration tools to foster remote co-working and increase transparency between the previously separate companies is helping to increase productivity and advance the capacity of the sales pipelines at KIDOZ. By completing the detailed business and technical evaluations prior to closing March 4, management was able to determine the preferred solutions and complete the system migrations successfully over the past few weeks.The Company website located at www.kidoz.net was updated to include an introduction of a dedicated investor area (http://investor.kidoz.net). A second phase of website development is underway to promote the synergies between the merged companies. These synergies include the unification of the KIDOZ OS and Rooplay original content more closely which, once complete, provide an end-to-end kids content and operating system solution to OEMs and mobile carriers. An additional synergy is the Rooplay Original games library and our content development...