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VERB Technology Company, Inc. (NASDAQ: VERB; VERBW) ("VERB") |
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The Worlds First Platform with Interactive Video-based CRM Marketing and Sales Applications
Verb is in the early stages of proving it's business model with only the last few quarters showing new and substantial growth in enterprise client contracts and "SaaS" revenue since merging the interactive video technology with a new Direct Sales application. The first video-based interactive CRM for direct sales was completed early 2019 and demand for the application has since taken off. Final integrations and approval of other applications for large cloud providers are expected soon.
VERB Technology Company, Inc. is rapidly emerging as the market leader in interactive video-based customer relationship management (“CRM”) sales and marketing applications with offices in California and Utah, USA. Following the successful acquisition of Utah-based Sound Concepts, the leading provider of digital tech-based marketing and customer relationship management applications for the direct sales, network marketing and affiliate marketing industries, the newly combined company provides next-generation customer relationship management (“CRM”), lead generation, and video marketing software applications to sales-based organizations in 60 countries and in 48 languages under the brand name TAGG. The Company’s proprietary and patent-pending technology produces real-time, measurable results with customers reporting greater than 600% increases in conversion rates. The Company’s software-as-a-service (SaaS) products are cloud-based, accessible on all mobile and desktop devices, and are available by subscription for individual and enterprise users. The Company’s technology is integrated into popular ERP, CRM, and marketing platforms, including Oracle NetSuite, Adobe Marketo, and integrations into Salesforce.com, Odoo, and Microsoft, among others, are underway. For more information, please visit: www.myverb.com. - Email Gateway Investor Relations at: verb@gatewayir.com
Board of Directors
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Rory began his career as an attorney at a major NYC law firm, representing world renowned entrepreneurs. Since then, Rory changed the landscape of the telecom industry through a tech company start-up called Telx, which became the internationally recognized leader in the data center sector and the de facto standard, even today, by which the world’s telecom carriers interconnect to one another. Following the highly lucrative sale of Telx for more than $200M, Rory became a partner and ‘Entreprenuer-in-Residence’ in a NYC based private equity fund. Now, as Founder & CEO of Hollywood-based, digital tech company nFüsz, Inc., Rory and his team have re-invented what a customer relationship management (CRM), lead-gen tool should be in today’s video-centric business and social environment. Their proprietary, next generation interactive video technology is the core of their cloud-based, Software-as-a-Service (SaaS) products. Their flagship product, notifiCRM, places interactive video front and center in all customer and prospect communications, automating the sales process. They offer subscription-based CRM, sales lead generation, and social engagement software on mobile and desktop platforms for sales-based organizations, consumer brands, and artists seeking greater levels of engagement and higher conversion rates. Their platform can accommodate any size campaign or sales organization, and is enterprise-class scalable to meet the needs of today’s global organizations. Rory is also actively involved in many charitable endeavors. He founded the US Chapter of Innocence in Danger, a global organization dedicated to the protection and rehabilitation of children who have been victims of trafficking. He is also a former member of the Board of Trustees of The New York Institute of Technology and a member of the Board of Trustees of the American Shakespeare Center.
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Newport Beach, California |
Breaking it down with Verb CEO, Rory J. Cutaia
Understanding the difference between sales and marketing. |
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James P. Geiskopf became a director of nFüsz in May 2014, and as an independent director, is currently the Chair of the Audit Committee and Compensation Committee. Mr. Geiskopf has 32 years of experience leading major organizations. Mr. Geiskopf was the former President and Chief Executive Officer of Budget Rent-a-Car of Fairfield California until 2007, when Mr. Geiskopf sold the franchise. Mr. Geiskopf served on the Board of Directors of Suisun Valley Bank and on the Board of Directors of Napa Valley Bancorp. Mr. Geiskopf has also served as an officer and director of several other publicly listed companies.
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A highly regarded, strategic-thinking financial executive, comfortable in fast-growth and dynamic environments, Ken Cragun has more than 30-years experience leading major financing transactions, including IPOs, completing acquisitions and executing integration strategies, and building teams in more than 20 countries. Mr. Cragun has broad business knowledge combined with strong technical skills related to GAAP accounting and SEC reporting. His area of focus has been in the technology and digital marketing sectors, including SaaS model software companies, with CFO experience in multi-national businesses of up to $600 million in annual revenue.
Mr. Cragun is currently Chief Financial Officer of CorVel Corporation, (NASDAQ: CRVL), a $1.1B market cap company and a nationwide leader in technology driven risk management programs. Mr. Cragun has been with CorVel since January 2018. He is also a CFO Partner at Hardesty, LLC, a national executive services firm since October 2016. Among his achievements prior to joining CorVel, Mr. Cragun served as chief financial officer of two NASDAQ-listed companies: Local Corporation, from April 2009 to September 2016, which operated Local.com, a U.S. top 100 website; and Modtech Holdings, Inc., from June 2006 to March 2009, a supplier of modular buildings. Mr. Cragun is also a CPA and began his professional career at Deloitte. Mr. Cragun earned his BS in Accounting from Colorado State University-Pueblo and his AAS in Business Management from Brigham Young University-Idaho. He is also a two-time finalist for the Orange County Business Journal “CFO of the Year” – Public Companies. |
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Phil Bond is President of Government Relations at Potomac International Partners, Inc., a multidisciplinary consulting firm that matches ideas with needs and creates opportunities from challenges.
From 2001 to 2005, Mr. Bond was Undersecretary of the U.S. Department of Commerce for Technology, and from 2002 to 2003 served concurrently as Chief of Staff to Commerce Secretary Donald Evans. In his dual role, Mr. Bond worked closely with Secretary Evans to increase market access for U.S. goods and services and further advance America’s technological leadership at home and around the world. He oversaw the operations of the National Institute of Standards and Technology (NIST), the Office of Technology Policy, and the National Technical Information Service. During his tenure, the Technology Administration was the pre-eminent portal between the federal government and the U.S. technology industry. Earlier in his career, Mr. Bond served as Senior Vice President of Government Relations for Monster Worldwide, the world’s largest online career site, and General Manager of Monster Government Solutions. Mr. Bond also served as Director of Federal Public Policy for the Hewlett-Packard Company; Senior Vice President for Government Affairs and Treasurer of the Information Technology Industry Council; as Chief of Staff to the late Congresswoman Jennifer Dunn (R-WA); Principal Deputy Assistant Secretary of Defense for Legislative Affairs; Chief of Staff and Rules Committee Associate for Congressman Bob McEwen (R-OH); and as Special Assistant to the Secretary of Defense for Legislative Affairs. Mr. Bond is a graduate of Linfield College in Oregon. During his 25-plus year career in Washington, Mr. Bond has been recognized for his leadership roles in the Executive branch, on Capitol Hill, at major high technology companies, and most recently as the CEO of TechAmerica, the largest technology advocacy association in the U.S. His professional accolades include: Named to the Federal 100, the annual listing by Federal Computer Week of the most influential people in government technology; Named one of the Top 50 Tech Leaders of 2003 by Scientific American magazine for his policy leadership around nanotechnology; Elected Deputy Chair of the World Information Technology and Services Alliance, a federation of more than 70 national technology associations around the world; Named a Tech Titan in Washingtonian Magazine’s annual listing of tech leaders; and Recognized by Roll Call, the Capitol Hill newspaper, as one of The Fabulous Fifty, a listing of the most powerful staff in Congress. |
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Ms. Hammerschmidt will bring to VERB’s board nearly 40 years of experience as an international attorney, corporate general counsel, and public company director, with experience at the highest levels of the direct sales industry. Ms. Hammerschmidt is the principal of JLH Advisors, LLC, through which she serves as outside counsel and advisor to global companies looking to expand both domestically and internationally. Ms. Hammerschmidt began her legal career at The United States Department of Justice (DOJ), where she served as a Special Assistant to two consecutive Attorneys General. As Special Assistant, she focused on international matters of interest to the U.S. government, including negotiating treaties and agreements with foreign governments. Following her tenure at the DOJ, Ms. Hammerschmidt joined Dickstein, Shapiro & Morin, LLP, a Washington, DC-based law firm, where she represented global companies as they expanded into highly-regulated environments. Her client base included: Guess?, Inc., Pfizer Inc., Merck & Co., Inc., The Receiver for BCCI Bank of the United Arab Emirates, Recycled Paper Products, and Herbalife International, Inc., among many others. In 1994, Ms. Hammerschmidt joined Herbalife International as Vice President and General Counsel of Europe and was promoted to Executive Vice President and International Chief Counsel in 1996, where she was responsible for managing all legal matters across 60 countries. Ms. Hammerschmidt served as an integral part of the management group that sold Herbalife International in 2002.
Ms. Hammerschmidt received her B.A. in Public Policy and Political Science from Duke University and her J.D. from the University of Pittsburgh School of Law. |
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VerbCRM: primary markets & features
A- Verb GO: - The worlds first interactive video-based CRM for Marketing & Sales.
B- Verb Direct: - A new and rapidly growing white label platform for the Direct Sales, Network & Affiliate Marketing Industry. C- Verb LIVE: - Live Broadcasting: You can offer viewers links to pertinent information during live broadcasts like sporting events, interviews and sales promotions with the ability to purchase on screen in real time. D- TaggMED: - Healthcare: Verb already has clinical trials underway for this huge market. E- TaggEDU: - Education: Verb is developing a new e-learning program with Salesforce. F- TaggNGO: - Nonprofit: Verb is addressing nonprofit organizations for donations. G- MYtagg - Social & Business platform for email signature icons. |
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“We are very excited to welcome Nancy to our board,” stated VERB Chairman and CEO Rory J. Cutaia. “Nancy was part of Steve Job’s inner circle that took Apple from a troubled enterprise, to one of the most successful and valuable companies in the world, and the iconic brand we all respect today. Her experience, perspective, insights and resources will be enormously beneficial to our board of directors and management team, and I look forward to working closely with her to unlock the value we all believe VERB represents for ourselves and our stockholders. With the addition of Nancy, as well as Judith Hammerschmidt whom we announced earlier this week, I couldn’t possibly more excited for VERB and our stockholders in 2020 and beyond.”
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McKinley Oswald - President of Global Sales
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What is a CRB?
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* - Customer Relationship Management software “CRM” is crucial to businesses for Marketing. It's where all customer leads, appointments and general information is entered and tracked for email and other promotional campaigns. It's also very time consuming and cumbersome to use, yet it's still the largest and fastest growing software market, about $40 billion currently...
Verb has figured out how to “connect” a CRM to a video, creating an extremely efficient and completely new marketing tool that not only saves time by automatically capturing all the data and performing the job of a CRM, but the interactivity drastically increases conversion rates for lead generation and sales compared to non interactive video. These videos can be just as effective in areas like e-learning, data capture and much more...
* - Video is the preferred and most effective medium for digital marketing and Verb is locking it's position as first to offer this platform, securing agreements with large cloud providers like Microsoft, Salesforce, Oracle/NetSuite and others to integrate and sell Verbs software for tremendous growth potential
* - Verb's success in creatively using and adding taggs “call-to-actions” to a video is so effective at increasing conversion rates that I believe it will be primarily used as a Sales Tool, for which no market of this kind currently exists.
* - Verb has successfully tapped into the huge and under-served Direct Selling industry with a brand new white label application designed specifically for large enterprise businesses in the Direct Sales, Network & Affiliate Marketing spaces. Verb is currently experiencing a backlog for the new white labeled App and has grown the software development team to 49 developers to meet new demand.
Verb has figured out how to “connect” a CRM to a video, creating an extremely efficient and completely new marketing tool that not only saves time by automatically capturing all the data and performing the job of a CRM, but the interactivity drastically increases conversion rates for lead generation and sales compared to non interactive video. These videos can be just as effective in areas like e-learning, data capture and much more...
* - Video is the preferred and most effective medium for digital marketing and Verb is locking it's position as first to offer this platform, securing agreements with large cloud providers like Microsoft, Salesforce, Oracle/NetSuite and others to integrate and sell Verbs software for tremendous growth potential
* - Verb's success in creatively using and adding taggs “call-to-actions” to a video is so effective at increasing conversion rates that I believe it will be primarily used as a Sales Tool, for which no market of this kind currently exists.
* - Verb has successfully tapped into the huge and under-served Direct Selling industry with a brand new white label application designed specifically for large enterprise businesses in the Direct Sales, Network & Affiliate Marketing spaces. Verb is currently experiencing a backlog for the new white labeled App and has grown the software development team to 49 developers to meet new demand.
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* - Verb has filed a Patent Application for its Unique In-Video Call-to-Action Technology For Mobile Devices and the new LIVE Webinar applications.. Press release
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Innovative Marketing Software with Patent Pending tagg it-drag it, PLUS it's GDPR Compliant!
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Board Members - Verb Direct - Enterprise Clients - VERB Live - Testimonials - Markets - Progress Reports
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Investor Relations Contact:
Matt Glover and Tom Colton Gateway Investor Relations 949.574.3860 VERB@gatewayir.com |
Interactive Video Marketing
Follow us on Twitter for the latest developments on Verb's applications @InteractiveVid2 |
Disclaimer
The owner of this site owns stock in Verb Technology Company Inc. and strongly encourages verification of all claims before investing.