VANCOUVER, BC, July 15,
2022 /CNW/ - Datable Technology Corporation (TSXV:
DAC) (OTCQB: TTMZF) (the "Company" or "Datable"), the
developer of a proprietary SaaS-based Consumer Lifecycle and Data
Management Platform called PLATFORM3, is
pleased to announce that it has promoted Federico de Giuli
Vallverdu to Chief Technology Officer ("CTO") effective
August 1, 2022. In recognition
of his promotion to an officer of the company and his ongoing
leadership and achievements, he has been granted 1,000,000 stock
options that can be exercised at the higher of either $0.05 or the closing price of the Company's share
price on July 29, 2022 to purchase
common shares vesting over 48 months, subject to TSXV approval.
Federico started at Datable as Vice President Technology in
December of 2020 after over 20 years of experience as a senior
technology executive and engineer, most recently as CIO & VP
Technology, Director of R&D and Senior Technical Product
Manager for Aprio Inc, a B2B Software-as-Service company where he
led product development and supported enterprise sales.
Federico leads the team that has upgraded the functionality and
efficiency of PLATFORM3 while enhancing
security and stability such that Fortune 500 enterprise customers
have the confidence to license Datable's technology to collect,
analyze and monetize first-party consumer data. In addition,
he has supported the sales and customer service team in securing
and implementing larger contracts.
"I am very pleased to promote Federico to CTO due to his
leadership in product development and R&D, and the support he
provides to the sales and service team. Our customers include
a growing number of the world's largest consumer goods companies,
who require an enterprise-level solution that delivers ROI, while
integrating with existing infrastructure," said Robert Craig, Datable's CEO. "He is a key
member of our team that grew revenues by 79% in 2021 by expanding
the scale and scope of our mandates and adding new customers."
In 2021 Datable began work on building the next generation of
PLATFORM3 6.0. This version was designed
to incorporate new infrastructure, back-end and front-end
technologies that automate the integration, delivery, and testing
of our services. The goal was to significantly reduce the time it
takes the Company to deploy new solutions for its clients. The
objective in upgrading PLATFORM3 is to
incorporate key learnings and requirements gathered from the
leading consumer goods brands that have become Datable clients for
several years. Additional enhancements address recent critical
changes to consumer privacy laws regarding how companies can
communicate and engage with consumers on web and mobile
applications"
About Datable Technology
Corporation
Datable has developed PLATFORM3 a
proprietary Consumer Lifecycle and Data Management Platform that is
sold to global consumer brands.
PLATFORM3 is delivered as a
subscription service (Software as a Service model) and used by some
of the worlds' most valuable consumer brands to access new consumer
communities and engage them while collecting, analyzing, and
managing their first-party data.
PLATFORM3 incorporates
proprietary technology to monetize the consumer data, including
demographics and purchasing behaviour, by sending consumers
targeted offers by email and text messages. For more
information, visit datablecorp.com.
For additional information about the company please visit
www.sedar.com. The TSX Venture Exchange Inc. has in no way
passed upon the merits of the transaction and has neither approved
nor disapproved the contents of this press release. Neither
TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release. This news release contains forward-looking
information, which involves known and unknown risks, uncertainties
and other factors that may cause actual events to differ materially
from current expectation. Important factors – including the
availability of funds and the results of financing efforts, – that
could cause actual results to differ materially from the Company's
expectations are disclosed in the Company's documents filed from
time to time on SEDAR (see www.sedar.com). Readers are
cautioned not to place undue reliance on these forward-looking
statements, which speak only as of the date of this press
release. The Company disclaims any intention or obligation,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
SOURCE Datable Technology Corp.