Bullboard - Stock Discussion Forum Datable Technology Corp V.DAC

Alternate Symbol(s): TTMZF

Datable Technology Corporation is a Canada-based company. The Company has developed PLATFORM3, a proprietary consumer lifecycle and data management platform that is sold to global consumer brands. PLATFORM3 is an enterprise, white-labelled mobile consumer marketing and messaging platform. PLATFORM3 is delivered as a subscription service (Software as a Service model) and used by various consumer... see more

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TSXV:DAC - Post Discussion

Datable Technology Corp > LOI to Acquire Dabbl

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Post by Betteryear2 on Nov 23, 2021 3:07pm

LOI to Acquire Dabbl

VANCOUVER, BC, Nov. 23, 2021 /CNW/ - Datable Technology Corp. (TSXV: DAC) (OTCQB: TTMZF) (the "Company" or "Datable"), the developer of a proprietary, SaaS-based Consumer Lifecycle and Data Management Platform called PLATFORM3, announces that it signed a non-binding letter of intent (the "LOI") on September 8, 2021, to acquire (the "Acquisition") 100 percent ownership of Adjoy, Inc. (DBA Dabbl, "Dabbl").

As previously disclosed (see press release dated October 18, 2021) Datable formed a partnership agreement with Dabbl. This agreement was designed to leverage Dabbl's large community of consumers (encompassing over 1.3 million downloads) and first-party data relationships and to accelerate consumer participation in the marketing programs that leading consumer brands launch on PLATFORM3. The duel offering - a Consumer Lifecycle and Data Management Platform accessed by a large community of consumers - has been well received by Datable's existing Fortune 500 clients and new prospective customers. In the brief duration of the partnership, Datable has closed sales of the combined product with two leading consumer goods companies (see press release dated November 3, 2021) and has a growing pipeline of customers for 2022.

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