- Newly-appointed Chief Revenue Officer Colby McKenzie produces immediate return, solidifying the company’s largest contract to date.
- [PRESSWIRE] Vancouver, BC, February 27, 2023, FOBI AI Inc. (TSXV: FOBI, OTCQB: FOBIF) (the “Company” or “FOBI”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that further to its press release dated January 13, 2022, the company has entered into a revised definitive share purchase agreement (the “SPA”) with Francisco Fiúza Da Silva Beirâo Belo (the “Vendor”), pursuant to which the Company proposes to acquire all of the issued and outstanding shares (the “Target Shares”) of Passworks S.A. (the “Target”) from the Vendor (the “Transaction”). Passworks is a leading European digital wallet and mobile marketing company with international clients such as luxury fashion retailer Hugo Boss, global coupon giant Catalina Marketing Corporation, and digital advertising leader Publicis.
- [PRESSWIRE] VANCOUVER, B.C. – February 16, 2023 — Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) (the “Company” or “FOBI”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that through their procurement partnership with TELUS, they have signed on an exciting new customer, Predator Ridge. As one of Canada’s premier resort and planned real estate communities, located in the Okanagan region of British Columbia, Predator Ridge will utilize Fobi’s digital wallet platform to digitize member cards and the identification process at the resort, as well as build a new loyalty program to reward residents, members and guests. Fobi and TELUS will earn one-time revenue from this deal through an annual license, and recurring software-as-a-service (SaaS) revenues through a monthly subscription.
- [PRESSWIRE] VANCOUVER, BC, February 14, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that Qples by Fobi has signed a reseller deal with SMS PROMO. SMS PROMO has been involved in the promotions industry for more than 30 years and has many global Tier 1 CPG brand customers. These customers use SMS PROMO services for traditional promotional and coupon campaigns, however, they will now be able to utilize the Qples coupon platform for both print at home coupons and new AI (8112) Universal Digital Coupons..
- [PRESSWIRE] VANCOUVER, BC, February 14, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that Qples by Fobi has signed a reseller deal with SMS PROMO. SMS PROMO has been involved in the promotions industry for more than 30 years and has many global Tier 1 CPG brand customers. These customers use SMS PROMO services for traditional promotional and coupon campaigns, however, they will now be able to utilize the Qples coupon platform for both print at home coupons and new AI (8112) Universal Digital Coupons..
- [PRESSWIRE] VANCOUVER, BC, February 9, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that the company’s wholly-owned subsidiary, PulseIR, has signed a new deal with software provider Turnium Technology Group Inc. Turnium develops software-only technology that powers software-defined wide area networks (SD-WAN) and profits for service providers across the globe. PulseIR is a platform as a service (PaaS) and Fobi will generate $120,000 in revenue for the one-year contract. This revenue will be recognized in accordance with IFRS policies over the 12 months of the contract.
- [PRESSWIRE] VANCOUVER, BC, February 9, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that the company’s wholly-owned subsidiary, PulseIR, has signed a new deal with software provider Turnium Technology Group Inc. Turnium develops software-only technology that powers software-defined wide area networks (SD-WAN) and profits for service providers across the globe. PulseIR is a platform as a service (PaaS) and Fobi will generate $120,000 in revenue for the one-year contract. This revenue will be recognized in accordance with IFRS policies over the 12 months of the contract.
- [PRESSWIRE] VANCOUVER, B.C. February 7, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF: OTCQB) (the “Company” or “FOBI”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that the company’s annual contract with one of the world’s leading insurance providers has automatically renewed. Fobi will earn $260,000 in revenue as per the contract’s annual renewable terms. Revenue will be recognized throughout the 12-month term in accordance with standard IFRS policies.
- [PRESSWIRE] VANCOUVER, B.C. February 7, 2023, Fobi AI Inc. (FOBI:TSXV) (FOBIF: OTCQB) (the “Company” or “FOBI”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that the company’s annual contract with one of the world’s leading insurance providers has automatically renewed. Fobi will earn $260,000 in revenue as per the contract’s annual renewable terms. Revenue will be recognized throughout the 12-month term in accordance with standard IFRS policies.
- [PRESSWIRE] VANCOUVER, BC, February 2, 2023 Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), an industry leader in harnessing AI and data intelligence to enable digital transformation, is pleased to announce that the company’s wholly-owned subsidiary, PulseIR, has signed a new deal with integrated healthcare provider, Empower Clinics. Empower offers a telemedicine platform for healthcare and diagnostics solutions across the U.S. and Canada. PulseIR is a platform as a service (PaaS) and Fobi will generate $120,000 in revenue for the one-year contract. This revenue will be recognized in accordance with IFRS policies over the 12 months of the contract.
