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Zoomd Technologies (TSXV:ZOMD) signs new publisher agreements

Technology
TSXV:ZOMD
17 September 2021 09:45 (EDT)

Source: Zoomd Technologies Ltd.

Zoomd Technologies (ZOMD) has signed agreements with Gropo Globo from Brazil, Dousis Com Group from Greece and Evrim Agaci from Turkey.

Zoomd’s on-site search engine is expected to be embedded within the publisher’s websites.

The agreements are expected to add more than 120 monthly million-page views using Zoomd’s search technology, in addition to decreasing bounce rate, and extending the average session length of the visitors.

Zoomd’s advanced Artificial Intelligence (AI) and Natural Language Processing (NLP) technology aim to provide new advantages to publishers by optimizing site traffic via on-site search and guiding advertisers in managing their user acquisition (UA) across hundreds of media channels.

“Our publishers and commercial growth are a result of advanced technology and a unique approach to content monetization and mobile app distribution,” said Ofer Eitan, CEO and Co-Founder of Zoomd.

“We are continuously expanding our portfolio with eager publishers and advertisers looking to scale their businesses wisely with our in-house award winning technology.”

Zoomd offers a site search engine to publishers and a mobile app user-acquisition platform to advertisers. 

Zoomd Technologies Ltd. (ZOMD) opened trading at C$0.40 per share.

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