- Shares in Intema Solutions (TSXV:ITM) have jumped 50 per cent following news of a C$1.5 million software services agreement with Vida Life AI
- Under the agreement, Intema will provide its eFlyerMaker email platform to Vida Life’s database of customers in the US
- eFlyerMaker offers regulatory-compliant digital marketing capabilities, which are comprehensively supported by predictive artificial intelligence and SMS features
- The deal provides for significant potential expansion as COVID-19 drives a sharp uptick in the use of telehealth services in the US
- Intema Solutions (ITM) is currently up 50 per cent and is trading at six cents per share
Shares in Intema Solutions (TSXV:ITM) have jumped 50 per cent following news of a C$1.5 million software services agreement with Vida Life AI.
Headquartered in Montreal, Quebec, Intema seeks to optimise the online marketing efforts of small to medium-size businesses through the provision of predictive and search engine marketing, as well as programming and integration.
The company’s eFlyerMaker platform offers regulatory-compliant email marketing campaigns, which are extensively supported by advanced automation features, data governance and data protection capabilities.
Under the annually-based deal, Intema will provide its eFlyerMaker service to members of Vida Life’s portfolio of health-centric web platforms. Vida Life currently has roughly 5,000 members and is in the process of developing significant partnership across its existing market in the United States, as well as Canada and East Asia.
Laurent Benezra, President and CEO of Intema Solutions, said the deal is a major milestone for the company, marking its entry into the growing US telehealth market.
“This agreement will allow us to generate $1.5 million in annual revenues once our eFlyerMaker email platform is integrated with Vida Life’s 5,000 member sites.
“The agreement also has good growth potential, as Vida Life is currently experiencing a sharp increase in membership on its various web platforms due to its revolutionary service offering,” he added.
Vida Life is primarily engaged in bolstering patient care through the usage of innovate technologies, and currently holds a partnership with The Plantrician Project.
Jacky Dallaire, President and CEO of Vida Life AI, said the agreement with Intema will allow the company to enhance its suite of virtual services, which has become particularly important in the context of the ongoing COVID-19 pandemic.
Intema Solutions (ITM) is currently up 50 per cent and is trading at six cents per share at 10:52am EDT.