NASSAU, The Bahamas, Jan. 14,
2020 /CNW/ - Killi, a consumer-led privacy application
wholly owned by Freckle Ltd. (TSXV: FRKL) (the
"Company"), today announced that CFO Andrew
Elinesky will host investor meetings at the AlphaNorth
Capital Conference at the Grand Hyatt Baha Mar in Nassau, Bahamas from January 17 through 19, 2020.
"With California's CCPA
consumer privacy law live as of January 1,
2020, data privacy is at the forefront of businesses
operating in the United States,"
said Mr. Elinesky. "Only 30% of businesses believe they are
compliant and almost all U.S. states are in the process of enacting
similar privacy laws. This trend along with constant CCPA news flow
has created a shift surrounding the collection and selling of
personal data from businesses to the consumer, with many consumers
choosing Killi to safeguard and monetize their data.
Quarter-over-quarter growth in Q3 of our key metrics indicate that
Killi is the solution for consumers with 12% more monthly active
users; 18% average revenue per user (ARPU) increase; an increase in
lifetime value (LTV) of 5%; as well as a 30% reduction in the cost
of acquiring (CPA) subscribers. Our balance sheet is solid to
implement our business plan, and we continue to execute strategies
to widen Killi's audience and further improve our key metrics. We
look forward to introducing Killi and our expanding market
opportunity to the micro-cap, tech investors that the AlphaNorth
Capital Conference attracts from across the globe.
About AlphaNorth Capital Investment Conference
Capital Event Conferences is pleased to host the AlphaNorth
Capital Conference at the Grand Hyatt Baha Mar in the Bahamas from January
17 – 19, 2020. The conference introduces growth-stage
companies (Non-Resource, Technology, Biotech, Special Situations)
to active top-level capital finance individuals through a day of
scheduled one-on-one meetings. For more information, please
visit https://www.capitalevent.ca/conferences/alpha-north/.
About Freckle Ltd.
Freckle's consumer identity mobile
application "Killi" (killi.io) allows consumers to take back
control of their digital identity from those who have been using it
without their consent. With Killi, consumers can opt-in and select
specific pieces of personal information that they would like to
share with companies, as well as answer specific surveys, and be
compensated directly for these answers. Download
it here.
Freckle, via its data and offline
measurement products, also allows leading brands and platforms
to measure the effectiveness of their advertising by independently
matching media spend to in-store visitation while remaining media
agnostic. Freckle's technology is used by Fortune 500 brands like
McDonald's, Lexus, Walmart, Verizon and AT&T, and is a core
component of the top demand-side platforms (DSPs) and data
management platforms (DMPs) used around the world.
For more information, please
visit freckleiot.com / killi.io
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 news release.
DISCLAIMER FOR FORWARD-LOOKING INFORMATION
Certain statements in this press release are forward-looking
statements and are prospective in nature. Forward-looking
statements are not based on historical facts, but rather on current
expectations and projections about future events, and are therefore
subject to risks and uncertainties which could cause actual results
to differ materially from the future results expressed or implied
by the forward-looking statements, including: the receipt of all
necessary regulatory approvals, capital expenditures and other
costs, financing and additional capital requirements, ability to
secure additional sales, ability to negotiate partnerships on
favorable terms, and user acceptance of the improved UI.
These statements generally can be identified by the use of
forward-looking words such as "may", "should", "will", "could",
"intend", "estimate", "plan", "anticipate", "expect", "believe'' or
"continue", or the negative thereof or similar variations.
Forward-looking statements in this news release include statements
regarding: expansion of the Killi application outside of
North America; introduction of an
additional third-party research engine in the Killi application;
increasing ARPU for Killi; addition of incentivized video modules
to the Killi application; improvement of the Killi UI; improvement
of the engagement and user retention; securing an international
data distribution deal; expansion of Freckle's global presence;
securing additional partnerships in Q4; quarter over quarter
revenue growth in Q4; sustaining current recurring revenue;
building Killi into a legal global DTC application for Data
Privacy; and, improving key data metrics. Although management of
the Corporation has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking statements or forward-looking
information, there may be other factors that cause results not to
be as anticipated, estimated or intended. There can be no assurance
that such statements will prove to be accurate, as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements and forward-looking
information. The Corporation assumed no obligation to update any
forward-looking statements or forward-looking information that are
incorporated by reference herein, except as required by applicable
securities laws.
The securities of the Corporation have not been and will not be
registered under the United States Securities Act of 1933, as
amended and may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirement. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be
unlawful.
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SOURCE Freckle Ltd.