Pirates become the first MLB team to use VERB’s suite of interactive, video-based sales solutions
VERB receives approval from Major League Baseball Advanced Media for league-wide deployment
NEWPORT BEACH, Calif. and SALT LAKE CITY, Nov. 3, 2022 (GLOBE NEWSWIRE) — VERB Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”)the leading provider of interactive, video-based sales-enablement applications, including Shoppable Livestream, today announced that it has entered into a multi-year partnership with its premier Major League Baseball (MLB) team, the Pennsylvania-based Pittsburgh Pirates (“The Pirates ” ) to deploy VERB’s suite of sales enablement solutions to drive ticket and merchandise sales and engage with Pirates fans through interactive, shoppable digital content.
“Following a highly successful pilot of VERB’s interactive video technology, we are excited to be the first MLB team to incorporate the technology into our future marketing and digital strategy,” said Carey Cox, Pittsburgh Pirates’ senior director of integrated marketing. “VERB’s technology enables us to leverage our digital assets and content strategies to increase ticket and merchandise sales as we strive to more effectively engage with Pirates fans.”
“We are excited to add the Pittsburgh Pirates to our growing sports entertainment industry, which now includes teams from three of the four major professional sports leagues in North America. The Pirates, a team focused on innovation, recognized the tremendous success of our initial pilot tests with some of the highest CTRs we’ve seen to date,” said Rory J. Cutaia, CEO of VERB. “The data demonstrates the power of our interactive video technology to encourage meaningful interaction with fans. Even more exciting is that we are approved for league-wide use in both the NBA and MLB after the Pirates received MLBAM approval for future use of our technology.
“The incredible growth of our emerging sports-entertainment industry provides VERB’s underlying technology with high visibility as teams, leagues, retailers and manufacturers seek to capitalize and monetize their digital content strategies,” added Cutaia. “We are excited to be working with the Pittsburgh Pirates and look forward to expanding our presence in the sports entertainment industry both domestically and internationally over the coming weeks and months.”
Verb Technology Company, Inc. (Nasdaq: VERB), the leader in interactive video-based sales applications, is changing the way businesses attract and retain customers. The Company’s Software-as-a-Service, or SaaS, platform is powered by its proprietary interactive video technology and consists of a suite of business enablement software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 100 countries and in more than 48 languages. VERB’s customers include both large distributors and small business sales teams, including the sales and marketing departments of professional sports teams. Of note is the upcoming MARKET, a multi-vendor, multi-presenter and livestream social shopping platform at the forefront of the convergence of e-commerce and entertainment. The company is headquartered in American Fork, Utah, with approximately 170 employees and also has offices in Newport Beach, California.
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FORWARD LOOKING STATEMENTS
This release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statements that predict, predict, indicate or imply future results, performance or achievements and may contain words such as “anticipate”, “expect”, “project”, “plan” or words or phrases of similar meaning. The forward-looking statements contained in this press release relate to, among other things, the Company’s projected financial and operating results, including recurring SaaS revenues, and statements regarding the Company’s progress toward achieving its strategic objectives, including the successful integration and future execution of acquisitions . Forward-looking statements are based on current expectations, projections and assumptions that involve risks and uncertainties, including but not limited to the COVID-19 pandemic and related public health measures, with respect to our business, customers, markets and the global economy; our plans to attract new customers, retain existing customers and grow our annual sales; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to complete, integrate and benefit from acquisitions; fluctuations in our quarterly operating results and other operating measures; increasing competition; general economic, market and business conditions. If any of these risks or uncertainties materializes, or if any of our assumptions prove incorrect, our actual results could vary materially from the results expressed or implied by these forward-looking statements. Investors are referred to our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K, 10-KA and quarterly reports on Form 10-Q, for additional information about the risks and uncertainties that could affect actual results differ materially from those expressed in the forward-looking statements. All forward-looking statements in this press release are based on information available to us as of the date of this release, and we undertake no obligation to update the forward-looking statements provided to reflect events that occur or circumstances that occur after the date exist in which they were manufactured, unless required by law.
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