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3tl Technologies Corporation Signs Six New Licensing Agreements and Two Master Service Agreements
Oct. 24, 2017 09:19AM PST
Emerging Technology3tl Technologies (TSXV:TTM; OTCQB:TTMZF) has announced it has signed two Master Service Agreements and six Licensing Agreements. As quoted in the press release: The Master Services Agreements (MSA’s) are annual or multi-year contracts between 3tl and global brands in which the parties agree to most of the terms that will govern future transactions or future …
3tl Technologies (TSXV:TTM; OTCQB:TTMZF) has announced it has signed two Master Service Agreements and six Licensing Agreements.
As quoted in the press release:
The Master Services Agreements (MSA’s) are annual or multi-year contracts between 3tl and global brands in which the parties agree to most of the terms that will govern future transactions or future agreements including legal, delivery of software, services and support. 3tl recently signed a MSA with the world’s second largest processor and marketer of chicken, beef, and pork. A second MSA was signed with a leading lawn, garden and pet supplies company that generates some US$ 2 billion in annual revenues from 76 brands.
Licensing Agreements, with shorter terms were also signed with six other major brands representing multiple industries.
“We continue to edge out our competitors and sign long-term agreements with global brands. Leading consumer packaged goods (CPG) companies are using PLATFORM³, to provide rewards via mobile devices that motivate consumers to purchase products in retail locations. CPG companies collect valuable purchasing and demographic data using PLATFORM³ and use our technology to monetize the data by retargeting consumers with offers on their mobile devices,” said Rob Craig, CEO of 3tl. “PLATFORM³’s Artificial Intelligence and Machine Learning capabilities are enabling 3tl to clearly and concisely differentiate from the competition.”
