01:14:06 EDT Sat 30 May 2026
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Salescloser Technologies Ltd
Symbol SCAI
Shares Issued 35,956,228
Close 2026-05-29 C$ 0.83
Market Cap C$ 29,843,669
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Salescloser sees conversational AI platform selected

2026-05-29 20:52 ET - News Release

Mr. Ali Tajskandar reports

LATIN AMERICAN UNIT OF TOP-TEN GLOBAL LIFE INSURER SELECTS SALESCLOSER FOR AI-DRIVEN CUSTOMER ENGAGEMENT AND ONBOARDING

Salescloser Technologies Ltd. has been engaged by a Latin American operating unit of a global insurance and financial service group ranked among the world's top-10 life insurers to deploy Salescloser's conversational artificial intelligence platform across the customer's life insurance customer engagement and on-boarding workflows. The engagement commenced on May 5, 2026.

Voice is a primary channel for life insurance customer engagement in Latin America, where prospective customers often initiate contact through on-line inquiries that require time-sensitive follow-up and where existing policyholders frequently contact their insurer with questions about plan coverage, benefits and policy details. For an insurer, the operational challenge is delivering responsive, knowledgeable engagement at scale, including outside of standard business hours.

Deployment by the customer, an insurer operating in the Latin American life insurance market, demonstrates the applicability of Salescloser's conversational AI platform across customer-facing workflows beyond traditional outbound sales, including customer intake, on-boarding into product options and inbound service for existing customers.

"This engagement is a meaningful step for Salescloser, demonstrating our platform's applicability across customer-facing use cases beyond traditional sales, including lead qualification, customer on-boarding and inbound service," said Ali Tajskandar, chief executive officer of Salescloser. "The customer is among the world's leading insurance groups, with rigorous standards for customer engagement. We are proud to have been selected by the customer as part of its customer engagement infrastructure."

The company believes this engagement reflects Salescloser's strategy to expand the application of its conversational AI platform across a broader set of customer-facing workflows and industries. The customer's selection of Salescloser as part of its customer engagement infrastructure underscores the platform's applicability across enterprise customer engagement and on-boarding workflows. As enterprises look to maintain responsive, knowledgeable customer engagement at scale, expanding the operational capacity of human-led telephony is a core component of the company's strategy to serve customers across geographies and verticals.

About Salescloser Technologies Ltd.

Salescloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. The company's platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales life cycle. Salescloser's agents conduct real-time, personalized interactions across voice, video and digital channels, including lead qualification, product demonstrations, follow-ups and meeting scheduling. By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity and improve conversion rates without a corresponding increase in head count. The platform integrates with existing CRM and business systems, supports multilingual deployment, and delivers consistent, high-quality customer interactions across industries. Salescloser operates under a subscription-based software-as-a-service model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. The company's technology is supported by a growing portfolio of patent applications focused on improving the performance of AI-driven conversational workflows. Salescloser.ai is listed on the TSX Venture Exchange under the ticker SCAI.

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