logo-loader
viewLocation Sciences Group PLC

Location Sciences Group offering new 'Verify' solution to tackle advertising fraud

Location Sciences Group PLC (LON:LSAI) CEO Mark Slade and CFO David Rae tell Proactive Investors that there is enormous international demand for the functions fulfilled by the mobile location data specialist's new Verify solution.

"Advertising fraud is a big thing globally, roughly $50 million per day gets wasted on ad fraud, so we've developed a product that solves a little bit of that. It's a scalable global product... it's where we see the big growth to come for our business so that's our focus at the minute... we've only been live with the product for three or four months, we're already live in three continents, we've got lots of big brands starting to test the product so it's being really well received by the market" says Slade.

Rae elaborates on the company's financial position and projected revenues for the short to medium term.

Quick facts: Location Sciences Group PLC

Price: 0.45 GBX

LSE:LSAI
Market: LSE
Market Cap: £2.21 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Location Sciences Group PLC named herein, including the promotion by the Company of Location Sciences Group PLC in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Location Sciences Group releases state of privacy and...

Location Sciences Group PLC (LON:LSAI) Chief Business Officer Jason Smith tells Proactive the AIM-listed company which provides verification and analytics services for location data, has released its state of privacy and location marketing report.  Smith says the report is in response to...

on 23/1/20

2 min read