TORONTO, ON--(Marketwired - November 23, 2016) - Keek (TSX VENTURE: KEK) (OTCQB: KEEKF) today provided details on the upcoming release of the first merchant tool to be integrated into the Peeks livestreaming service: the Offer Box. Using the Offer Box technology, users such as brands, influencers, and consumers, can create actionable incentives which can be distributed to their live audiences. This allows users to create individual live home shopping channels with an instantaneous global reach, all supported with an underlying proprietary payment processing engine that completes all transactions safely and securely from start to finish for a more seamless online shopping experience.
The Offer Box is flexible and easy to use. An approved user who wishes to sell a product begins by creating 'offer(s)' inside Peeks. The offers may include information such as pictures, product or service descriptions, geographical availability, quantity, pricing, and terms of sale. As the user is broadcasting, they can at any time deliver a call to action to their viewers which will allow for the instant purchase of the product or service. In addition, the offer may be saved by a viewer for purchase at a later time.
"We believe that the trillion dollar plus global e-commerce industry is ripe for disruption. Currently it relies on a 2D environment where consumers make purchasing decisions based on static images and text. We are planning to enable consumers to shop inside a thriving live commerce environment which allows for real time interaction and seamless purchasing," said Mark Itwaru, CEO of Keek. "This environment will empower sellers and buyers alike."
The Offer Box technology is currently in the late stages of development and testing and is expected to be launched inside the Peeks service in the coming weeks. The Company will provide further details regarding the Offer Box technology and its initial roll out closer to the launch date.
Keek also announced that, as part of its ongoing content growth strategy, and further to its press release dated November 14, 2016, it is bringing additional licensed content to the Peeks service. The additional content will include multiple full length titles including in-depth content focusing on celebrities such as Justin Bieber, Kanye West, Taylor Swift, Michael Jackson, Lebron James, Angelina Jolie, Steve Jobs and many more titles revolving around music, sports, celebrity, and business icons. The additional content will be included as part of the upcoming user interface upgrades.
The Peeks app can be downloaded in either the Apple or Google app stores, or by visiting www.peeks.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this Release.
The information and statements in this news release contain certain forward-looking information relating to the implementation and functionality of certain e-commerce tools for the Peeks livestreaming services which are still in development, and forward-looking information relating to the broadcasting of licensed content. This forward-looking information is subject to certain risks and uncertainties and may be based on assumptions that could cause actual results to differ materially from those anticipated or implied in the forward-looking information. Keek's forward-looking information is expressly qualified in its entirety by this cautionary statement. Except as required by law, Keek undertakes no obligation to publicly update or revise any forward-looking information.
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