Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, today announced a new partnership with The TUBE® Wearable Waistband, a highly sought-after brand featured on NBC’s hit show, The Biggest Loser. The brand will begin hosting livestream shopping events on MARKET, VERB’s livestream shopping platform, on June 21, 2022 at 6 p.m. ET. The events will be livestreamed from The TUBE®’s MARKET storefront. You can RSVP here.
More than a running belt, The TUBE® is designed to be form-fitting, functional and perfect for all body types. The TUBE® is a patented, revolutionary way to securely carry your personal items and is ideal for both exercise and everyday use. Founder/CEO Lisa Henry Holmes created this comfortable, streamlined answer to the fanny pack with one elastic band and three intelligently crafted pockets to use a million different ways. “The TUBE® fits your important personal items securely without adding bulk,” Holmes said.
The TUBE® Waistband is the official workout belt of NBCUniversal’s American Ninja Warrior™. Worn by Ninja Warriors for their training, this belt has garnered a cult following. The TUBE® was also selected to be the exclusive running belt of the Ragnar Relay and Hot Chocolate 15K & 5K national race series.
“The TUBE represents universal appeal, which makes it a perfect fit for the MARKET livestream platform,” said Holmes. “MARKET is a unique platform with features and functionalities like no other. I created The TUBE® to address the shortfalls of like products, and MARKET has done the same, which is what makes this partnership so appealing. Being able to combine selling with a variety-show format, allowing me to interact with audiences in real time, creates the ideal environment for me to up-level my business.”
“Anything Lisa touches turns to gold,” said Kate Eckman, VERB SVP of Programming and Talent Acquisition. “This is the first of many events we will co-host together, showcasing the magic of combining quality brands with MARKET – the premiere livestream shopping platform.”
About MARKET
MARKET is a 24/7, multi-vendor, livestream shopping platform designed to host simultaneous livestream shopping sessions by consumer brands, big-box stores, boutiques, celebrities, content creators, and influencers selling products and services across numerous categories.
About VERB
Verb Technology Company, Inc. (Nasdaq: VERB), the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers. The Company’s Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology, and is comprised of a suite of sales enablement business software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 100 countries and in more than 48 languages. VERB’s clients include large sales-based enterprises as well as small business sales teams, including the sales and marketing departments of professional sports teams. Of note is its forthcoming MARKET, a multi-vendor, multi-presenter, livestream social shopping platform at the forefront of the convergence of ecommerce and entertainment. With approximately 170 employees and contractors, the Company is headquartered in Lehi, Utah, and it also maintains offices in Newport Beach, California.
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FORWARD-LOOKING STATEMENTS
This communication contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as “anticipate,” “expect,” “project,” “plan,” or words or phrases with similar meaning. Forward-looking statements contained in this press release relate to, among other things, the Company’s projected financial performance and operating results, including SaaS Recurring Revenue, as well as statements regarding the Company’s progress towards achieving its strategic objectives, including the successful integration and future performance of acquisitions. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to the COVID-19 pandemic and related public health measures on our business, customers, markets and the worldwide economy; our plans to attract new customers, retain existing customers and increase our annual revenue; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to execute on, integrate, and realize the benefits of any acquisitions; fluctuations in our quarterly results of operations and other operating measures; increasing competition; general economic, market and business conditions. If any of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. Investors are referred to our filings with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, 10-KA, and Quarterly Reports on Form 10-Q, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
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