• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Blockchain Market
    Blockchain News
    Blockchain Stocks
    • Blockchain Market
    • Blockchain News
    • Blockchain Stocks
    blockchain investing

    Canadian Textile Importer and Distributor Chooses Venzee to Update Products

    Hamza Ghaznavi
    Feb. 28, 2018 05:32AM PST
    Blockchain Investing
    Blockchain Investing

    Venzee Technologies Inc. (TSXV:VENZ) (“Venzee” or the “Company”) is pleased to announce that a leading Canadian Textile Importer and Distributor has chosen Venzee to deliver enriched, error-free product information to retailers.

    Venzee Technologies Inc. (TSXV:VENZ) (“Venzee” or the “Company”) is pleased to announce that a leading Canadian Textile Importer and Distributor has chosen Venzee to deliver enriched, error-free product information to retailers.

    The Canadian distributor is currently building an international distributor network, and has chosen Venzee to help concentrate on growing its business, creating a return on investment, and delivering rich, error-free data to its distribution network.

    Venzee transforms product information from suppliers and manufacturers into the requirements of retailers, a labor intensive and costly process that the retail industry still performs using spreadsheets.

    Peter Mackay, CEO of Venzee, commented, “Adding global businesses with an expanding network is a testament to our software and how it can grow with any type of business. Over the course of 2018, we will continue to add clients over a variety of verticals to continue Venzee’s growth.”

    Venzee provides high-value customized SaaS (software-as-a-service) solutions to mid-market and Tier 1 enterprise clients around the world. Additionally, it accommodates the budgets of up-and-coming retailers hosted on platforms like Shopify.

    According to Statista, in 2016, the global e-commerce industry achieved estimated US$1.8 trillion dollars in sales, and is expected to grow to US$4.5 trillion by 2021. As e-commerce sales continue to grow at staggering rates, the need for better delivery of product information for businesses is now solved with the Venzee software solution.

    About Venzee

    Venzee is a SaaS company that launched in 2014 to help e-commerce vendors and retailers easily share product information in a US$23 trillion retail industry (source: Statista). Traditionally, this was done using spreadsheets which created a labor-intensive process that delayed products from reaching the marketplace. Venzee’s technology, leveraging artificial intelligence to streamline product information management, allows thousands of vendors and retailers to seamlessly share information, avoiding delays and getting products to market faster than ever. The Company graduated from notable startup accelerator program 500 Startups and is already powering some of the biggest brands in the world.

    To learn more about Venzee, visit https://venzee.com. For more about Mesh, visit https://meshblockchain.com.

    Investor Relations
    Caleb Jeffries
    Investor Relations, Kin Communications Inc.
    1-866-684-6730
    VENZ@kincommunications.com

    Forward-Looking Information

    This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the execution of the Company’s growth strategy. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; and regulatory risks. Additional information about these assumptions and risks and uncertainties is contained under “Risk Factors” in the Company’s filing statement dated December 12, 2017, which is available under the Company’s SEDAR profile at www.sedar.com, and in other filings that the Company has made and may make with applicable securities authorities in the future.

    Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in 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 information 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 information. The forward-looking information contained in this news release is expressly qualified in its entirety by this cautionary statement. The Company does not undertake to update any forward-looking information, except as required by applicable securities laws.

    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.

    Click here to connect with Venzee Technologies Inc. (TSXV:VENZ) and receive an Investors Presentation. 

    Source: globenewswire.com

    blockchain investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Banxa Holdings Provides Update on Previously Announced Plan of Arrangement with OSL Group

    Banxa Holdings Provides Update on Previously Announced Plan of Arrangement with OSL Group

    Syntheia Signs Non-Binding LOI for Call Center Acquisition

    Syntheia Signs Non-Binding LOI for Call Center Acquisition

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Blockchain Investing Stocks

    Bitcoin Well

    BTCW:CC

    Blockmate Ventures

    MATE:CA

    Torrent Capital

    TORR:CC

    Prophecy DeFi

    PDFI:CC

    CoinSmart Financial Inc

    SMRT:AQN

    Graph Blockchain

    GBLC:CNX
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×