LITTLE ROCK, Ark., June 02, 2021 (GLOBE NEWSWIRE) — Inuvo, Inc. (NYSE American: INUV), a leading provider of marketing technology, powered by artificial intelligence (AI) that serves brands and agencies, is pleased to announce the expansion of its IntentKey™ AI platform for advertising into the Canadian market where advertisers can now take advantage of a technology that has consistently delivered market beating performance results.
Rich Howe, Chief Executive Officer of Inuvo, commented, “The value proposition for Canadian companies is strong: we can serve both their domestic and American advertising objectives; we can beat current providers performance results; we can run it all for them or they can use it in-house; and we are future proof as our technology is not dependent on third-party data or cookies because it was designed to uncover signals of intent that define the why that drives a product/service purchase, not the who that is behind that purchase. In the new cookieless world, who will become irrelevant as targeting predefined users or personas becomes increasingly difficult.”
The IntentKey analyzes the signals of intent along the millions of potential paths that might lead to a conversion or brand affinity, determining at all times whether or not those signals point strongly towards the underlying reasons why consumers are actually buying the product or engaging with a brand. This paradigm shift of targeting intent signals, rather than individuals, makes the IntentKey unique and positioned to not only protect consumer privacy, but also insulate our clients’ marketing efforts from the disruptive impacts related to the elimination of third-party cookies (which has already taken effect within Safari) within Chrome in 2022. This further enhances the timing of making this technology available to Canadian advertisers.
Inuvo is currently building a seasoned Canadian sales team well versed in advertising technology capable of helping advertisers understand the nuances and impact of the ensuing changes. The first hires include two Senior Programmatic Sales Directors: Harminder Hayer and Victor Genova. Hayer has over two decades of sales and advertising experience that includes Active International, IPG Media Brands, Orion Worldwide, IBM, Bell Canada, and Metroland Media. Genova has over fifteen years of experience including Blue Ant Media, Connected Interactive, Rogers Media, Astral Digital, and CBC.
In preparation for entrance into the Canadian market, Inuvo has joined the Interactive Advertising Bureau (IAB) of Canada and the Canadian Marketing Association (CMA).
Mr. Howe added, “We look forward to being collaborative members in the Canadian advertising community. Not only do we get to expand North, but on a personal level, I get the opportunity to return to my Canadian roots.”
About Inuvo
Inuvo®, Inc. (NYSE American: INUV) is a market leader in artificial intelligence, aligning and delivering consumer-oriented product & brand messaging strategies online based on powerful, anonymous and proprietary consumer intent data for agencies, advertisers and partners. To learn more, visit www.inuvo.com.
Safe Harbor / Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, without limitation risks detailed from time to time in our filings with the Securities and Exchange Commission (the “SEC”), and represent our views only as of the date they are made and should not be relied upon as representing our views as of any subsequent date. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading “Risk Factors” in Inuvo, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and our other filings with the SEC. Additionally, forward-looking statements are subject to certain risks, trends, and uncertainties, including the continued impact of COVID-19 on Inuvo’s business and operations. Inuvo cannot provide assurances that the assumptions upon which these forward-looking statements are based will prove to have been correct. Should one of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Inuvo does not intend to update or revise any forward-looking statements made herein or any other forward-looking statements as a result of new information, future events, or otherwise. Inuvo further expressly disclaims any written or oral statements made by a third party regarding the subject matter of this press release.
Inuvo Company Contact:
Wally Ruiz
Chief Financial Officer
Tel (501) 205-8397
wallace.ruiz@inuvo.com
Investor Relations:
KCSA Strategic Communications
Valter Pinto, Managing Director
Tel (212) 896-1254
Valter@KCSA.com
