Montreal, Quebec--(Newsfile Corp. - October 13, 2020) - GOLO Mobile Inc. (TSXV: GOLO) ("GOLO" or "the Company") today announced a partnership with Condo Manager, a leader in integrated accounting, management and communication software for multi-residential buildings, whereby the Company will unveil the Use Walter app to Condo Manager's approximately 225,000 units in Ontario and Western Canada effective immediately.
"Walter's established reputation for both quality and convenience has enabled us to quickly scale our multi-residential business," said Peter Mazoff, President and CEO. "Since acquiring Walter Innovations in July, we have greatly increased our total number of doors and established a presence in many new markets. This partnership with Condo Manger provides us with an immediate and significant presence in both Ontario and Western Canada, two large and growing markets."
The addition of the Use Walter app to Condo Manager's software will create more value and usage for residents, by enabling them to more effectively communicate with property managers, while also introducing direct for home delivery solutions. The app seamlessly integrates with Condo Manager's easy-to-use accounting solution software, providing an end-to-end service offering for property managers. Residents can also benefit from Use Walter's Internet of Things device integration, and commerce and delivery solutions for direct to home services.
"It is important, especially in the current environment, to offer property managers and residents with an efficient and all-encompassing solution, which is why we are excited to expand our offering by incorporating the Use Walter app on our platform," said Eric Drouin, Owner of Ingenium Inc., the creator of Condo Manager.
About GOLO Mobile Inc.
GOLO (TSXV: GOLO) provides a solution for the final 100 feet of Last Mile Delivery for properties via its concierge service as well as its ability to manage all packages and deliveries that enter a property. The Company's focus is on office buildings, residential towers, corporate campuses, hospitals, airports and other highly populated areas. GOLO is publicly traded on the TSXV and its controlling shareholder is controlled indirectly by affiliates of Blackstone Group L.P. and the funds comprising CVC Capital Partners VI. Learn more at www.golo.io.
For Further Information:
Peter Mazoff, Chief Executive Officer
(514) 670-1228
ir@goloir.com
Nicole Piasentini
(416) 848-1460
npiasentini@national.ca
No securities regulatory authority has either approved or disapproved of the contents of this news release. This news release is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States or to or for the account or benefit of U.S. persons (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended (the "U.S. Securities Act")), absent registration or an exemption from registration. The securities offered have not been and will not be registered under the U.S. Securities Act or any state securities laws and, therefore, may not be offered for sale in the United States, except in transactions exempt from registration under the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.
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