Locafy ramps up acquisition and partnership strategy | National

Highlights

Locafy continues to develop by partnership and acquisition technique.Nasdaq invitations the Perth-based tech firm to ring the opening bell in recognition of it being the primary West Australia firm to instantly checklist on the worldwide inventory alternate.

PERTH, AUSTRALIA, June 14, 2022 (GLOBE NEWSWIRE) --

Locafy Restricted (NASDAQ: LCFY, LCFYW) (“Locafy” or “the Firm”), has acquired the shopper base of Australian digital company 180 Diploma Advertising (180 Diploma) because it ramps up its acquisition and partnership technique.

Primarily based in Canberra, Australia 180 Diploma providers a variety of nationwide manufacturers in the true property, FMCG and finance sectors.

Locafy’s purpose is to revolutionize the $700 billion search engine marketing market globally by seamlessly deploying to native companies its patented search expertise.

“The strategic acquisition of the 180 Diploma buyer base is a part of our general progress plan to accumulate synergistic companies or shopper bases in our key world markets whereas concurrently driving natural progress by our quickly increasing channel accomplice community,” stated Locafy CEO Gavin Burnett.

“One of many advantages of Locafy’s expertise is that 180 Diploma and wider businesses who've partnered with us up to now discover the outcomes it delivers are massively standard with shoppers.

These shoppers see important search engine ends in weeks fairly than months and that in flip displays properly on the company.

So we see a partnership and selective acquisition technique with businesses as a far quicker path to sustainable and worthwhile progress than solely in search of to construct that shopper base instantly from the bottom up,”stated Mr Burnett. Locafy will initially focus that technique on key Australian and US markets.

180 Diploma founder Katey Battenally stated the corporate was an present reseller of Locafy’s merchandise. “My shoppers have been getting nice outcomes from Locafy’s expertise and I’m excited to deal with creating new enterprise alternatives beneath the Locafy model.

By becoming a member of the Locafy staff I can deal with additional rising the client base and be assured that the Locafy staff can operationally ship options and outcomes on a a lot bigger scale than I may have as an area company,” stated Mrs Battenally.

Nasdaq invited Locafy representatives to ring the opening buying and selling bell late final month in recognition of it being the primary West Australia firm to checklist instantly on one of many world’s largest inventory exchanges.

The video might be seen right here: https://www.youtube.com/watch?v=87WwP88K9gw   

   About Locafy Restricted Based in 2009, Locafy’s (NASDAQ: LCFY, LCFYW) mission is to revolutionize the US$700 billion search engine marketing sector. We assist companies and types improve search engine relevance and prominence in a selected proximity utilizing a quick, straightforward, and automatic strategy. For extra info, go to www.locafy.com

Secure Harbor Assertion This press launch accommodates “forward-looking statements” which can be topic to substantial dangers and uncertainties. All statements, aside from statements of historic reality, contained on this press launch are forward-looking statements. Ahead-looking statements contained on this press launch could also be recognized by means of phrases equivalent to “topic to”, “imagine,” “anticipate,” “plan,” “anticipate,” “intend,” “estimate,” “venture,” “might,” “will,” “ought to,” “would,” “may,” “can,” the negatives thereof, variations thereon and related expressions, or by discussions of technique, though not all forward-looking statements include these phrases. Though the Firm believes that the expectations mirrored in such forward-looking statements are affordable, they do contain assumptions, dangers, and uncertainties, and these expectations might show to be incorrect. You shouldn't place undue reliance on these forward-looking statements, which communicate solely as of the date of this press launch. The Firm's precise outcomes may differ materially from these anticipated in these forward-looking statements because of quite a lot of elements, together with these mentioned within the Firm's periodic studies which can be filed with the Securities and Alternate Fee and accessible on its web site (http://www.sec.gov). All forward-looking statements attributable to the Firm or individuals appearing on its behalf are expressly certified of their entirety by these elements. Aside from as required beneath the securities legal guidelines, the Firm doesn't assume an obligation to replace these forward-looking statements.

Contacts

To maintain up to date on Locafy’s information releases and SEC filings, please subscribe to electronic mail alerts at https://investor.locafy.com/email-alerts

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