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The Markets
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The Markets
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Tech

Fobi AI says its CheckPoint solution wins best ticketing technology at 2022 Event Technology Awards; receives C$440K from warrant exercises

The data intelligence company said the Event Technology Awards recognize the achievements of companies delivering digital and technological solutions to the events industry

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) Inc announced that its digital ticketing solution CheckPoint has won the award for best Ticketing Technology at the 2022 Event Technology Awards in the UK.

The data intelligence company said the Event Technology Awards recognize the achievements of companies delivering digital and technological solutions to the events industry.

“With our recent appointment to the TSX Venture S&P 500 composite index, this award is another great recognition and honour,” Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) CEO Rob Anson said in a statement.

READ: Fobi AI partners with FanMaker to deliver personalized fan experience for sports lovers

“Third-party validation is always key, and this is yet another important validation as to the value of our innovative solutions,” Anson added.

Fobi noted its CheckPoint digital ticketing solution is part of a complete event and venue management platform that delivers a superior customer experience for attendees and a superior management platform for event and venue managers.

The company added that the built-in ID verification functionality that CheckPoint delivers through AltID has been mentioned by many of Fobi’s customers as a key function that other digital ticketing and venue management solutions lack.

Fobi also reported that all of the 4,083,797 outstanding warrants issued in conjunction with its 2019 non-brokered private placement were exercised in advance of the expiry date, raising total proceeds to the company of C$440,160.

Fobi AI (TSX-V:FOBI, OTCQB:FOBIF) is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits.

Contact Sean at sean@proactiveinvestors.com

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