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Engagement Labs Inc
Symbol EL
Shares Issued 72,812,172
Close 2017-01-23 C$ 0.115
Market Cap C$ 8,373,400
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Engagement Labs receives $125,000 U.K. bank contract

2017-01-24 07:52 ET - News Release

Mr. Ed Keller reports

ENGAGEMENT LABS SECURES FIRST UK CONTRACT FOR TOTALSOCIAL DATA AND ANALYTICS SOLUTION WITH TOP UK BANK

Engagement Labs Inc. has secured a new contract with one of the United Kingdom's leading banks to utilize TotalSocial, its proprietary data and diagnostic solution, which was launched in 2016. This represents the first U.K. contract for TotalSocial as well as its first contract with a financial services company.

The one-year agreement, valued at more than $125,000, will provide a comprehensive in-depth conversation tracking, factoring in both on-line and off-line conversation, continuing KPI (key performance indicator) tracking, and campaign analyses based on evaluation of social impact of key marketing campaigns by the bank.

"As one of the world's pre-eminent financial hubs, the U.K. represents a critical and strategically important market for us," said Ed Keller, chief executive officer of Engagement Labs. "In partnering with Engagement Labs, this top bank has proven itself to be ahead of the curve, and many of its competitors, in recognizing the importance of paying attention to consumer conversation and activity, on-line and off-line. From a brand perspective, it is vital that financial services companies increasingly turn their attention to the discussions occurring among their customer base in order to better understand this stakeholder group's needs and act upon them."

Additionally, TotalSocial will also benchmark the company against its competitors in the U.K. banking and financial services sector, and apply diagnostics to guide improvement.

The patent-pending TotalSocial measurement solution is the first-ever system that combines in-depth social listening data with comprehensive off-line conversation measurement into a single score.

We seek Safe Harbor.

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