SOURCE: Frankly Inc.

Frankly Inc.

July 20, 2016 16:05 ET

Frankly Engages Liolios to Lead Expanded Investor Relations Program

Comprehensive Program to Expand Investor Communication and Outreach Efforts Throughout North America

TORONTO, ON--(Marketwired - Jul 20, 2016) -  Frankly, Inc. (TSX VENTURE: TLK) (Frankly), the leading content, engagement and monetization platform for brands and media companies, has engaged Liolios to lead an expanded strategic investor relations and financial communications program. 

Liolios is a U.S.-based strategic financial communications firm focused on small-cap companies across a broad range of industry classifications. Founded in 1999, the firm provides high-level capital markets consulting, corporate communications, and investor outreach.

"Because of the strong demand for our cloud-based software platform and managed services from global media enterprises like local TV affiliates of ABC, NBC, FOX and CBS, we have been able to consistently generate sequential revenue growth, and as of the first quarter of 2016, achieve adjusted EBITDA profitability for the first time in our history," said Steve Chung, Frankly chairman and CEO. "Our progress has been supported by the explosive growth of multiscreen digital media marketing, as global organizations look to Frankly to help them operate their digital businesses in an increasingly complex media landscape.

"Given this pivotal stage we are in, we believe it is important to not only proactively communicate our value proposition to the broader investment community, particularly in the U.S., but also to establish a strong capital markets presence from which we can support and scale our business. We selected Liolios because of their proven track record in assisting growth companies like Frankly, and we will work closely with them to help elevate our profile within the financial community."

Liolios will collaborate with Frankly management to develop and execute a comprehensive capital markets strategy with a full suite of investor relations services. Activities will include: messaging and corporate positioning, strategic advisory and targeted introductions to analysts, investors and other key influencers in the financial community. Liolios will also schedule a number of investor marketing activities for management.

For additional information about Frankly, contact Liolios at 949-574-3860 or email TLK@liolios.com.

Terms of the Engagement
As compensation for the services rendered, Frankly will compensate Liolios US$2,500 per month starting on September 1, 2016 and US$6,500 per month following the company's listing on a major U.S. exchange. If certain performance-based objectives are achieved, the agreement calls for the grant of stock options to Liolios, as well as the reimbursement of pre-approved expenses associated with the services to be provided under such engagement.

About Liolios
Liolios is a comprehensive financial communications firm specializing in small-cap companies. The firm aims to deliver superior performance in corporate messaging and positioning, capital markets advisory, investor awareness and capital formation. Founded in 1999, Liolios executives have extensive experience in finance and investments, and represent public and private companies in a wide range of industries, including technology, digital media, consumer/internet retail, healthcare/life sciences, natural resources, financial services and business services. For more information about Liolios, please visit www.liolios.com.

About Frankly, Inc.
Frankly (TSX VENTURE: TLK) builds an integrated software platform for brands and media companies to create, distribute, analyze and monetize their content across all of their digital properties on web, mobile and TV. Its customers include NBC, ABC, CBS and FOX affiliates, as well as top fashion brands, professional sports franchises and global organizations. Collectively, Frankly reaches nearly 80 million monthly users in the United States. The company is headquartered in San Francisco with major offices in New York. To learn more, visit www.franklyinc.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Investor Relations Contact:
    Matt Glover or Najim Mostamand
    Liolios Group, Inc.
    949-574-3860
    Email Contact