Engagement Labs Inc.

Engagement Labs Inc.

March 26, 2015 16:03 ET

Engagement Labs Signs $1.1 Million Contract with Fortune 60 Company

Engagement Labs Announces Extension and Expansion of Current Client Relationship

TORONTO, ONTARIO--(Marketwired - March 26, 2015) - Engagement Labs Inc. (TSX VENTURE:EL) announced today that it has signed a contract with a US Fortune 60 company which is a current client to extend and expand a relationship through 2015. The contract is worth $938,000 USD for calendar 2015. In 2014, this client was responsible for revenue to Engagement Labs of $220,000 CDN.

"The expansion of our relationship with this client is a further validation of Engagement Labs' technology and services in the social media space. As such, we will continue focusing on delivering world class customer service and our ability to seamlessly integrate with our clients' culture and systems," said Bryan Segal, CEO of Engagement Labs.

For this customer, Engagement Labs is primarily focused on growing a private branded social media community. In this assignment, Engagement Labs' technology-based solutions provide strategy, analytics, insight, content development and social media community management services as well as quarterly reporting to uncover actionable insights to drive business results.

"We are grateful for the confidence this customer is affording our team. This contract is hopefully setting the trajectory for our entire year as this client expansion along with other recently announced contract extensions validates the momentum we have been feeling as we expand our presence amongst leading Brands," said Eli Singer, Chief Strategy & Marketing Officer of Engagement Labs.

Neither the 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.

About Engagement Labs

Engagement Labs' eValue™ Score is the global benchmark for social media scoring. eValue Analytics Pro, an enterprise-grade social media analytics platform, scores brands between 1-100. eValue measures brands' social media and digital marketing efforts. It's composed of a series of metrics and KPIs, among them: Engagement, Responsiveness and Impact, benchmarked against 75,000+ handpicked and verified brands.

Engagement Labs (TSX VENTURE:EL) offers intelligent social data, analytics and insights for organizations that are actively engaging on social networks. Offered as a SaaS or through an API, the eValue™ analytics platform allows brands to measure and maximize the effectiveness of their social media marketing campaigns, as well as measure that of their competitors across major social networks Facebook, Twitter and YouTube. Engagement Labs maintains offices in Montreal, Toronto and Paris. www.engagementlabs.com / www.eValueanalytics.com

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