Verb Technology Company,
Inc. (Nasdaq: VERB) ("VERB" or the
"Company"), the leader in interactive video-based sales
enablement applications, including interactive livestream eCommerce
and shoppable video, webinar, CRM, and marketing applications for
entrepreneurs and enterprises, today announced that the Company has
entered into an agreement with David Meltzer to serve as an
executive producer at verbTV, the shoppable entertainment extension
of VERB’s livestream shopping destination, Marketplace (codename).
Currently the CEO and Founder of David Meltzer
Enterprises, Mr. Meltzer is also co-founder of Sports 1 Marketing,
a global sports and entertainment marketing agency and one of the
world’s most successful sports marketing firms that leverages over
$20 billion in relationship capital and over 38 years of business
experience, bringing athletes, celebrities, and businesses together
to “make a lot of money, help a lot of people, and have a lot of
fun.” He was the former CEO of the renowned Leigh Steinberg Sports
& Entertainment agency, which was the inspiration for the movie
Jerry Maguire. Considered one of the top e-sports entrepreneurs and
investors, Mr. Meltzer is also a three-time international
best-selling author, a Top 100 Business Coach, and host of the top
entrepreneur podcast, The Playbook. He has been recognized by
Variety Magazine as their Sports Humanitarian of the Year and
awarded the Ellis Island Medal of Honor.
verbTV is an online ecommerce channel providing
viewers with a slate of shoppable and interactive entertainment
programming. verbTV viewers will be able to click directly in
videos to purchase products they see featured in the videos among
many other engaging interactive capabilities.
As an executive producer at verbTV, Mr. Meltzer
will produce content for VERB’s shoppable entertainment channel.
The first among many verbTV programs in development will be Season
3 of “2 Minute Drill,” a reality TV competition
created and hosted by Mr. Meltzer, Seasons 1 and 2 of which are
currently available for viewing on the Bloomberg Television Network
and Amazon Prime Video. Every episode of 2 Minute Drill features
five entrepreneurs competing for $50,000 in cash and prizes with
only two minutes each to persuade a panel of judges that their
business pitch is the best. The judges/mentors, themselves
successful entrepreneurs, provide insightful advice to help
contestants strengthen their brands and pitches. Bringing the
shoppable version of 2 Minute Drill exclusively to verbTV adds a
new dimension to the entertainment experience, as viewers will now
be able to participate in the program by purchasing the products
and services offered by the contestants’ companies, among many
other empowering interactions made possible by VERB’s
state-of-the-art interactive video technology. In addition to 2
Minute Drill, Mr. Meltzer is expected to develop shoppable,
interactive programs centered around e-sports as well as a
shoppable version of Season 2 of Mr. Meltzer’s new TV show “Office
Hours,” the first late-night entrepreneur talk show
that features the best and brightest entrepreneurial minds
from business, sports, and entertainment to talk about
success, failure, and everything in between (Season 1 premiers on
Bloomberg TV and Amazon Prime Video on Friday, October 15,
2021).
“I am thrilled to work with Rory and Team Verb
to be part of the force ushering in this exciting new evolution of
online ecommerce, and deliver the true convergence of pure
entertainment and shoppability,” states David Meltzer.
“I have worked directly with David as guest
judge and mentor on 2 Minute Drill, and I am truly excited that he
will be producing shoppable e-sports and business entertainment
content for verbTV,” said Rory J. Cutaia, CEO of VERB. “David has a
remarkable history of sports and business acumen, matched only by
his extensive contacts and relationships in the sports, business
and entertainment industries, all of which will serve as a basis
for his content development initiatives. We expect this will be the
first of many partnerships VERB will announce as we continue to
build a library of shoppable programming for verbTV. Over the last
several years, we have talked repeatedly about the forthcoming
convergence of online shopping and entertainment, and our intention
to be at the forefront that new paradigm. With verbTV, we are
delivering on that promise. We believe these new innovations will
create tremendous long-term value for our Company and for all our
stakeholders as Verb becomes not only a significant force in the
SaaS space, but a leader in live-selling e-commerce through
Marketplace and verbTV.”
About David MeltzerDavid
Meltzer is the Co-Founder of Sports 1 Marketing and formerly served
as CEO of the renowned Leigh Steinberg Sports & Entertainment
agency, which was the inspiration for the movie Jerry Maguire.
Considered one of the top esports entrepreneurs and investors,
David is also a three-time international best-selling author, a Top
100 Business Coach, and host of the top entrepreneur podcast, The
Playbook.
David is the Executive Producer of the Bloomberg
and Amazon television series 2 Minute Drill and Office Hours. He is
also the executive producer of Entrepreneur’s #1 digital business
show, Elevator Pitch. David is featured in many books, movies, and
TV shows such as World’s Greatest Motivators, Think and Grow Rich:
The Legacy and Beyond the Secret, airing on Netflix. Additionally,
he has been recognized by Variety Magazine as their Sports
Humanitarian of the Year and awarded the Ellis Island Medal of
Honor.
His life’s mission is to empower OVER 1 BILLION
people to be happy! This simple yet powerful mission has led him on
an incredible journey to provide one thing… VALUE. In all his
content, and communication that’s exactly what you’ll receive. For
the past 20 years, David has been providing free weekly trainings
to empower others to empower others to be happy.
About VERBVerb Technology
Company, Inc. (Nasdaq: VERB), the market leader in interactive
video-based sales applications, transforms how businesses attract
and engage customers. The Company’s Software-as-a-Service, or SaaS,
platform is based on its proprietary interactive video technology,
and is comprised of a suite of sales enablement business software
products offered on a subscription basis. Its software applications
are available in over 60 countries and in more than 48 languages to
large enterprise and small business sales teams that need
affordable, easy-to-use, and quick-to-get-results sales tools.
Available in both mobile and desktop versions, VERB's applications
are offered as a fully integrated suite, as well as on a standalone
basis, and include verbLIVE (an Interactive Livestream eCommerce
and Shoppable Video and Webinar applications), verbCRM (a
White-labelled Interactive Video-based Customer Relationship
Management application), verbTEAMS (a Self On-boarding version of
verbCRM with built-in verbLIVE and Salesforce synchronization for
small businesses and solo entrepreneurs), verbLEARN (an Interactive
video and gamified Learning Management System application), and
verbMAIL (an interactive video mail solution integrated seamlessly
into Microsoft Outlook). With 200 employees, the Company maintains
offices in Newport Beach, California and American Fork,
Utah.
For more information, please visit:
www.verb.tech.
Follow VERB here:VERB on
Facebook: https://www.facebook.com/VerbTechCo/VERB on
Twitter: https://twitter.com/VerbTech_CoVERB on
LinkedIn: https://www.linkedin.com/company/verb-tech/VERB on
YouTube:
https://www.youtube.com/channel/UC0eCb_fwQlwEG3ywHDJ4_KQDownload
verbMAIL here: verbMAIL on Microsoft AppSource Store
FORWARD-LOOKING STATEMENTSThis
communication contains “forward-looking statements” as that term is
defined in the Private Securities Litigation Reform Act of 1995.
Forward-looking statements involve risks and uncertainties and
include, without limitation, any statement that may predict,
forecast, indicate or imply future results, performance or
achievements, and may contain words such as “anticipate,” “expect,”
“project,” “plan,” or words or phrases with similar meaning.
Forward-looking statements contained in this press release relate
to, among other things, the Company's projected financial
performance and operating results, including SaaS Recurring
Revenue, as well as statements regarding the Company's progress
towards achieving its strategic objectives, including the
successful integration and future performance of acquisitions.
Forward-looking statements are based on current expectations,
forecasts and assumptions that involve risks and uncertainties,
including, but not limited to the COVID-19 pandemic and related
public health measures on our business, customers, markets and the
worldwide economy; our plans to attract new customers, retain
existing customers and increase our annual revenue; the development
and delivery of new products, including verbLIVE; our plans and
expectations regarding software-as-a-service offerings; our ability
to execute on, integrate, and realize the benefits of any
acquisitions; fluctuations in our quarterly results of operations
and other operating measures; increasing competition; general
economic, market and business conditions. If any of these risks or
uncertainties materialize, or if any of our assumptions prove
incorrect, our actual results could differ materially from the
results expressed or implied by these forward-looking statements.
Investors are referred to our filings with the Securities and
Exchange Commission, including our Annual Reports on Form 10-K and
Quarterly Reports on Form 10-Q, for additional information
regarding the risks and uncertainties that may cause actual results
to differ materially from those expressed in any forward-looking
statement. All forward-looking statements in this press release are
based on information available to us as of the date hereof, and we
do not assume any obligation to update the forward-looking
statements provided to reflect events that occur or circumstances
that exist after the date on which they were made, except as
required by law.
Investor Relations:
888.504.9929 investors@verb.tech
Media Contact: 855.250.2300,
ext.107 info@verb.tech
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