Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc subsidiary PulseIR signed a one-year contract with courier and logistics company ParcelPal Logistics Inc, the company announced.
ParcelPal provides last-mile delivery and logistics solutions to pharmacies, meal kit delivery services, retailers, groceries and more. It also works with brands such as Amazon, GoodFood, Sysco (NYSE:SYY)@Home and Electronic Arts.
Fobi will generate $120,000 in revenue through the one-year contract.
“ParcelPal is a great example as to why I built the platform that we have for PulseIR,” Fobi CEO Rob Anson said in a statement. “A great deal of issuers do not have the luxury of a larger team of marketing and investor relations staff. The fully-managed service that Fobi provides delivers the much-needed support to ensure every company, big and small, is able to provide real-time shareholder updates.”
The deal with ParcelPal is just the latest in a series of new client additions for PulseIR, the company said. The agreement exemplifies how Fobi’s fully-managed services are providing companies like ParcelPal with a personalized, real-time communications channel connecting them directly to their shareholders.
“We are extremely excited to have signed on with PulseIR as it not only enables us to share our amazing turnaround and growth story and keep investors frequently updated, but this agreement will now enable us to leverage cutting-edge artificial intelligence and mobile wallet technology to provide our valued investors with a next-level communications and investor experience,” ParcelPal CEO Rich Wheeless said.
Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) is a cutting-edge data intelligence company that helps its clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits.
Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com
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