Adcore wins contract with Cand

TORONTO, ON/ACCESSWIRE/May 16, 2022/ Adcore Inc. (the “Company” or “Adcore“) (TSX: ADCO, Financial)(OTCQX: ADCOF, Financial)(FSE:ADQ)(TSX:ADCO-WT), a leading e-commerce advertising management and automation platform for leveraging digital marketing in a simple and accessible way (“Effortlessly Marketing”), today announced a contract with Candlefox, an Australian education marketing company, to manage its paid digital marketing business. Candlefox works with educational institutions in Australia, New Zealand and the UK to maximize student enrollments. The contract provides for an annual advertising budget of up to C$12 million.

Omri Brill, CEO of Adcore, said: “We are delighted that Adcore Australia has been selected by Candlefox to manage their paid digital marketing business. Candlefox plays a valuable role in assisting a wide variety of educational programs and institutions in their endeavors. We believe that Adcore’s proven expertise in paid digital marketing, combined with our technology solutions, will provide the ideal solution for Candlefox to effectively and efficiently reach the right global audiences for its client institutions.

“We are thrilled to partner with Adcore for our paid digital marketing. The team approached the field with enthusiasm, care and focus, demonstrating how they understood our brief and could add value to our business on many levels. I am convinced that we will do great things together!” said Sarah-Jane McQueen, CMO of Candlefox.

ABOUT ADCORE

Adcore empowers entrepreneurs, advertisers and the future of e-commerce with its advertising management and automation platform. By combining deep industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that enables entrepreneurs and advertisers to manage and automate their e-commerce store advertising. and monitor and analyze the performance of their advertising budget to ensure maximum return. on investment. In addition to being named multiple times to Deloitte’s Fast 50 Technology list, Adcore is a Certified Google Premier Partner, Microsoft Elite Tier Partner, Facebook Partner, and TikTok Partner.

Founded in 2006, the company employs over fifty people at its headquarters in Tel Aviv, Israel, and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/ or follow us on LinkedIn

ABOUT AMPHY

Founded in 2021 amid the pandemic, Amphy is the most diverse 24/7 live online learning marketplace in the world. With Amphy, learners can choose from over 1,900 courses across 90 categories to develop their passions and skills, expand their children’s learning opportunities, and more. Amphy platform instructors join a vibrant virtual community of teachers who promote and support their success through enrichment seminars, marketing and advertising, and a suite of tools that allow them to manage their courses hassle-free and focus on their students. Amphy students have access to high-quality personalized courses accessible 24 hours a day, 7 days a week, and join a growing community of lifelong learners.

To learn more about Amphy, please visit – https://www.amphy.com/ or follow us on LinkedIn, Facebook, Instagram and YouTube.

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Company and the estimated annual advertising budget relating to the new contract referred to herein. Where possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, ” believes”, “estimates”, “predicts” or “potential” or the negative form or other variations of these words, or similar words or expressions, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as of the date hereof.

Forward-looking statements involve significant risks, uncertainties and assumptions. Many factors, including but not limited to the actual advertising budget related to the new contract referred to herein, could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be carefully considered and readers should not place undue reliance on forward-looking statements. Although the forward-looking statements contained in this press release are based on what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company undertakes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For more information, please contact:

ADCORE INC.
https://www.adcore.com/investors/

Martijn van den Bemd,
GM North America
US Investor Relations
John Nesbett/Jennifer Belodeau
IMS Investor Relations
Phone: 647-497-5337 Phone: 203-972-9200
E-mail: [email protected] E-mail:[email protected]

THE SOURCE: Adcore Inc.

See the source version on accesswire.com:
https://www.accesswire.com/701552/Adcore-Wins-Contract-with-Candlefox-for-Up-to-12-Million-Annual-Advertising-Budget

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