TORONTO, ONTARIO--(Marketwired - June 6, 2016) - Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(OTC PINK:NXTTF)(FRANKFURT:M5BQ) reports that it is implementing an online financial marketing and awareness program through AGORACOM. As a Company with significant online experience, Namaste's management team views the utilization of online financial media portals as an excellent means to increase awareness in the financial community as well as enhance overall organic content ranking and in-bound marketing efforts associated with its e-commerce platforms.
Namaste will receive exposure through content brand insertions on the AGORACOM network and extensive search engine marketing. In addition, Namaste will receive digital sponsorship through AGORACOM TV, the AGORACOM home page, the AGORACOM Twitter account and other social media applications.
Namaste intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services (the "Services"). The shares for services will result in a total share issuance of C$40,000, with an initial issuance at signing of the agreement and issuances in quarterly increments over 12-months, based on the closing price of the shares of Namaste on the Canadian Securities Exchange on the first trading day following each period for which the Services were provided by AGORACOM.
The term of the Agreement is for 12 months effective immediately. Namaste will issue a press release after the issuance of shares under the terms of the agreement. The agreement is subject to exchange approval.
Management Commentary
Mr. Sean Dollinger, President and CEO of Namaste, comments: "As an executive with over 15-years of e-commerce experience, I understand the potential to address a mass audience with online communication tools and will seek to leverage these skills to extract the maximum value possible from our online investor relations activities. I look forward to working with AGORACOM and their subscribers."
About AGORACOM
AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. AGORACOM is the home of more than 808K investors that visited 5.6 million times and read 52.4 million pages of information every year (Average 2008 - 2015).
AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has over 30 e-commerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors
Sean Dollinger, Chief Executive Officer
Further information on the company and its products can be accessed through the link below:
FORWARD LOOKING INFORMATION
This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions. Namaste assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law.
Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.
Contact Information:
1 (786) 389-9771
1 (604) 685-8045 (FAX)
www.namastetechnologies.com
info@namastevapes.com