SABIO HOLDINGS ANNOUNCES MULTI-MILLION DOLLAR COMMITMENTS

About this update from Sabio Holdings, Inc.

[{"type":"text","content":"\n \n \n \n SABIO HOLDINGS ANNOUNCES MULTI-MILLION DOLLAR COMMITMENTS\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Upfront commitments to endeavour to spend at least\n \n US$3.5 million\n \n received\n \n \n \n \n Continued momentum from new and existing customers for annual deals\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n June 1, 2023\n \n \n /CNW/ --\n \n Sabio Holdings Inc\n \n . (TSXV: SBIO; OTCQX: SABOF) (the \"\n \n Company\"\n \n or \"\n \n Sabio\n \n \"), a leading provider of connected TV (\"CTV\")/over-the-top (\"OTT\") advertising platforms validated by performance, is pleased to announce commitments from various parties to endeavour to spend an aggregate of at least US\n \n $3.5 million\n \n in 2023 (\"Commitments\").\n \n \n \n \n \n \n \n \n \n Centred around the government, political, and advocacy market segments, these various Commitments are expected to drive at least\n \n US$3.5 million\n \n in revenues to Sabio this year. The Company has already started providing its platforms and services to some of these parties pursuant to the Commitments.\n \n \n \"These types of agreements are unique and usually reserved for trusted service providers. These initial Commitments speak to our strengthening position in the market and more importantly with key customers in the government, political and advocacy advertising segments. We expect to continue our strong growth in this market as we head into a dynamic and eventful 2024 election season,\" said\n \n Aziz Rahimtoola\n \n , CEO of Sabio Holdings. \"Moreover, we are pleased to note that some of these Commitments solidify deeper relationships within our existing customer base, as existing clientele further leverage one the most complete end-to-end technology stacks in the industry, while bringing more stability to our sales model.\"\n \n \n \n About Sabio Holdings\n \n \n \n Sabio Holdings Inc. (TSXV: SBIO) (OTCQX: SABOF) is one of the fastest-growing CTV/OTT technology and service providers in the high-growth ad-supported video-on-demand (AVOD) and streaming s...

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