Engagement Labs Five for One Share Consolidation Now Effective

New Brunswick, New Jersey/Toronto, Ontario — July 23, 2021 – Engagement Labs Inc. (TSXV: EL) announces that effective today the Corporation’s common shares will commence trading on the TSX Venture Exchange on a five-for-one consolidated basis. Articles of Amendment giving effect to the Arrangement were filed on July 21, 2021.  

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    About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. To learn more visit www.engagementlabs.com   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For media inquiries please contact: Vanessa Lontoc Engagement Labs vanessa.lontoc@engagementlabs.com

Leading U.S. Insurance Provider Renews TotalSocial Subscription Contract with Engagement Labs

20 Percent Increase on One-Year Contract Valued at CAD $415,000

  New Brunswick, NJ/Toronto, ON — July 19, 2021 – Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that it has signed a renewal with one of the largest and top providers of insurance in America. The one-year agreement has a total value of CAD $415,000 which represents growth and increase of 20 percent compared to previous year. TotalSocial® has been instrumental to the Client’s successful marketing programs during the COVID-19 pandemic and they have chosen to not only renew, but increase the data and analytics provided by the TotalSocial platform. “We are excited to continue our work together and we are committed to helping our client successfully execute their marketing and advertising strategies. During the COVID-19 pandemic, we deepened our relationship to drive actionable insights and real-time campaign effectiveness evaluation to sustain and grow the business during a challenging time,” said Ed Keller, CEO of Engagement Labs. “We are pleased that our client sees the value of TotalSocial and its capability to deliver innovative data and predictive analytics insights to help drive their businesses successfully,” said Steven Brown, President and Chief Revenue Officer of Engagement Labs. “The insurance industry is a competitive industry, and this renewal is proof of the value of our TotalSocial solutions and data for national advertisers.”

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    About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. To learn more visit www.engagementlabs.com   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For media inquiries please contact: Vanessa Lontoc / Ed Keller, CEO Engagement Labs vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Announces Plan to Implement Five-for-One Share Consolidation

New Brunswick, New Jersey/Toronto, Ontario — June 29, 2021 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced, that at its Annual General and Special Meeting held on December 29, 2020, shareholders of the Corporation approved a share consolidation, to be implemented at the Board’s discretion. The directors have determined to implement a five-for-one share consolidation, on or about July 9, 2021, subject to filing customary documentation with the TSX Venture Exchange and Articles of Amendment under the Canada Business Corporations Act. The consolidation will reduce the Corporation’s 234,093,241 common shares outstanding to 46,818,648 common shares.   ###     About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.   To learn more visit www.engagementlabs.com   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For media inquiries please contact: Vanessa Lontoc Engagement Labs vanessa.lontoc@engagementlabs.com

Engagement Labs Provides Share-Based Compensation Update

New Brunswick, New Jersey/Toronto, Ontario — June 22, 2021 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced, at the request of and in accordance with the requirements of the TSX Venture Exchange, that the shareholders of the Company approved, at its Annual General and Special Meeting of Shareholders (“AGM”) held December 29, 2020, an increase in the total common shares reserved for issuance under the Restricted Share Unit Plan and under the Restricted Share Award Plans combined (together, the “Plans”), from 21,726,143 common shares to 23,409,324 common shares; and at its immediately preceding AGM held February 13, 2019, an increase in the total common shares reserved for issuance under the Plans from 14,242,440 common shares to 21,726,143 common shares. The increased number of common shares approved by the shareholders and reserved for issuance at each of the two aforementioned AGMs equals 10% of the issued and outstanding common shares as of the Record Date for each of the two shareholders meetings held. The aggregate number of common shares issuable under the Plans together cannot exceed 23,409,324 common shares. In accordance with the policies of the TSX Venture Exchange, the number of common shares reserved for issuance under the Plans together in combination with the aggregate number of common shares issuable under the Stock Option Plan shall not exceed 20% of the issued and outstanding common shares.  

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    About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies.   To learn more visit www.engagementlabs.com   Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For media inquiries please contact: Vanessa Lontoc / Ed Keller, CEO Engagement Labs vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com  

Kotex Once Again Demonstrates How to Become a WOM Sensation

Ed Keller’s commentary published on June 7, 2021 in MediaPost “How To Become A Word-Of-Mouth Maven”  Kotex brand’s partnership with YouTube creator Simone Giertz Recently MediaPost published a piece, Disrupting A Once-Staid Category, Kotex Builds A ‘Menstruation Machine,’ that described the Kotex brand’s partnership with YouTube creator Simone Giertz who built a menstruation machine to dispel universal confusion about how monthly periods work. “The goal is to demystify periods to help reduce stigma. And we wanted a fun way to show how little people know about the way menstruation works,” says Sarah Paulsen, senior global creative and design director for Kimberly-Clark’s adult and feminine care brands. In fact, Kotex has been hard at work creating conversations about menstrual health for over a decade. And in doing so, it has helped to dispel a myth I often hear about word-of-mouth marketing – that it works only (or best) in “exciting” categories like technology, cars, restaurants, travel and movies. Not true. Word of mouth also works for everyday products and brands in categories like children’s products, beverage, and beauty products . . . as well as women’s personal care products.  

Starting an Unlikely Conversation

Back in 2010, Kimberly-Clark was launching a new tampon brand, U by Kotex, and made a bold decision to change the conversation about this traditionally staid – and quiet – category. To the extent people were talking about menstruation at the time, it was generally limited to private whispers between mother and daughter, sisters, or among one’s closest girlfriends. Advertising and marketing in the category had long been based on breezy images of snow, white purity and euphemistic language about “freshness” and “protection.” Kimberly-Clark executives believed that society’s unwillingness to talk honestly about vaginal health and menstruation was a serious matter with the potential to lead to bad health decisions and outcomes by teenagers unable to get the information they needed. And they decided to change that. The crucial idea behind U by Kotex was that feminine protection should not be a taboo subject. Not only should women feel comfortable talking about it, but the category could even become fashionable. The packaging and applicators would be colorful, and its marketing would break the cycle of euphemistic advertising and communications about the category. Tampons would become acceptable topics for conversation. The launch campaign was designed to encourage honest conversations and to provide essential health and how-to-information to young women. “Right from the start, we believed it was about word of mouth,” Kimberly-Clark’s Jay Gottlieb, VP of adult and feminine care marketing told my co-author Brad Fay and me when we profiled U by Kotex in The Face-to-Face Book. And it worked, both commercially as well as achieving its goal of starting a conversation –ne that lasted a decade, as Kimberly-Clark continues to engage young women with entertaining, creative and educational content to make menstrual hygiene talkable and shareable. The brand is increasingly trying to bring young men into conversations about periods, too. A new brand video launched in Brazil, for example, shows a young boy passing a Kotex back to the girl sitting behind him in class, according to the MediaPost article.  

Offline Conversation is Very Different from Social Media

Kotex’s decade of success with driving a conversation about feminine hygiene is a strong reminder that WOM can work for any brand in any category. It is not just for those that are in high consideration categories or limited to brands with Super Bowl sized ad budgets. And yet, I hear this misconception often. This may reflect two sources of misunderstanding: (1) that word of mouth is really a synonym for social media, while overlooking the huge volume of daily WOM that takes place offline (whether face-to-face, text, IM, email or video chat); and, (2) offline and online are mirrors on each other, when in fact they are fundamentally different from each other. A recent analysis of offline versus online WOM shows that social media buzz about brands is very concentrated, with technology now leading the way (44% of all brand buzz on social media is about tech), and together with media and sports, these “big three” account for nearly 80% of all brand discussion in social media. Offline, word of mouth conversation is more evenly distributed over a wide range of categories. Retail and apparel brands lead the list with 16% of the chatter, followed by technology (13%), food/dining (11%) and beverages (10%).   Category Distribution of Offline and Online Word of Mouth (2019-2020) - Engagement Labs In other words, online data does not reflect well people’s offline behavior. Word of mouth is not channel neutral. One cannot automatically generalize the results from online to offline. As we have shown elsewhere, each is important at driving business results, but one is not a mirror on the other. Do not look only at social media for inspiration or as a guide for creating a successful social brand. A focus on one at the expense of the other is at best achieving half the results and could possibly lead to incorrect decisions. Successful brands need strategies to drive both offline and online word of mouth. The 100-year old Kotex has demonstrated that any brand which puts its mind to it can tap the power of word of mouth. As Kimberly-Clark’s Paulsen notes, “it’s about continually testing and learning.” SIGN ME UP TotalSocial Briefing

How To Become A Word-Of-Mouth Maven

MediaPost   In a recent Marketing Daily post, “Disrupting A Once-Staid Category, Kotex Builds A ‘Menstruation Machine,’Sarah Paulsen, senior global creative and design director for Kimberly-Clark’s adult and feminine care brands said, “The goal is to demystify periods to help reduce stigma. And we wanted a fun way to show how little people know about the way menstruation works.” Kotex has been hard at work creating conversations about menstrual health for over a decade. It has helped to dispel a myth I often hear about word-of-mouth marketing: that it works only (or best) in “exciting” categories. Not true. Word of mouth also works for everyday products and brands in categories like children’s products, beverage, and beauty products — as well as women’s personal care products. Starting an Unlikely Conversation In 2010, Kimberly-Clark launched a new tampon brand, U by Kotex, and made a bold decision to change the conversation about this traditionally staid — and quiet — category. Advertising and marketing in the category had long been based on breezy images of snow and euphemistic language about “freshness” and “protection.” Kimberly-Clark executives believed that society’s unwillingness to talk honestly about vaginal health and menstruation was a serious matter, with the potential to lead to bad health decisions and outcomes by teenagers unable to get the information they needed.  So the company decided to change that. “Right from the start, we believed it was about word of mouth,” Kimberly-Clark’s Jay Gottlieb, vice president of adult and feminine care marketing told me and my co-author when we profiled U by Kotex in “The Face-to-Face Book.” The strategy worked commercially, as well as achieving its goal of starting a conversation that lasted a decade, as Kotex continues to engage young women to make menstrual hygiene a talkable and shareable subject.     Read the full MediaPost article, here.
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For more information on TotalSocial®  or to request a demo, visit www.engagementlabs.com For sales contact us at:sales@engagementlabs.com For media inquires contact us at:media@engagementlabs.com
About TotalSocial® Want a better understanding of the online and offline conversations around your brand? Are you a journalist who wants to use real data to measure the brands you’re reporting on? Are you a company who wants to gain further insights into your brand’s marketing strategies to develop effective campaigns to reach your audiences?  

Engagement Labs Releases Q1 2021 Results

New Brunswick, NJ/Toronto, ON — May 27, 2021 – Engagement Labs Inc. (TSXV: EL) released results for its first quarter ended March 31, 2021. Condensed interim consolidated Financial Statements and Management Report are available on SEDAR’s website at www.sedar.com.   Q1 2021 in comparison to Q4 2020 highlights:
  • Total revenue increased by 71% to $778,404 in Q1 2021 from $454,197 in Q4 2020;
  • Gross profit was $371,664 for Q1 2021, an increase of 470% compared to $65,202 for Q4 2020. As a percentage of revenue, the gross margin increased to 48% for Q1 2021 from 14% for Q4 2020;
  • EBITDA loss(1) improved by 62% to -$218,123 for Q1 2021 from -$571,490 for Q4 2020;
  • Non-GAAP Adjusted EBITDA loss(1) improved by 66% to -$110,127 for Q1 2021 from -$321,089 for Q4 2020;
  • Operating expenses were $749,081 for Q1 2021, a decrease of 12% compared to $853,531 for Q4 2020;
  • Net loss for Q1 2021 decreased to -$372,885, down 51% from -$756,684 for Q4 2020;
  • Basic and diluted loss per share was ($0.002) for Q1 2021, compared to ($0.003) for Q4 2020;
  • As at March 31, 2021, the Company was holding cash of $1,107,292 compared to $868,053 as at December 31, 2020.
                               Q1 2021 in comparison to Q1 2020 highlights:
  • Total revenue decreased by 20% to $778,404 in Q1 2021 from $972,419 in Q1 2020;
  • Gross profit was $371,664 for Q1 2021, a decrease of 19% compared to $457,368 for Q1 2020. As a percentage of revenue, the gross margin increased to 48% for Q1 2021 from 47% for Q1 2020;
  • EBITDA loss(1) improved by 69% to -$218,123 for Q1 2021 from -$700,732 for Q1 2020;
  • Non-GAAP Adjusted EBITDA loss(1) improved by 46% to -$110,127 for Q1 2021 from -$203,494 for Q1 2020;
  • Operating expenses were $749,081 for Q1 2021, a decrease of 44% compared to $1,345,853 for Q1 2020;
  • Net loss for Q1 2021 decreased to -$372,885, down 58% or $521,226 from -$894,111 for Q1 2020;
  • Basic and diluted loss per share was ($0.002) for Q1 2021, compared to ($0.004) for Q1 2020.
  1 EBITDA is defined as earnings before interest, income taxes, depreciation and amortization. Number for comparative periods were revised to exclude SRED credit tax, variation on exchange, and bank charges in EBITDA. Adjusted EBITDA is a non-GAAP financial measure defined as EBITDA to which the Company adds stock-based compensation including the grant of stock options, restricted shares units, and restricted share awards as these expenses do not result in any use of operating cash flows by the Company, severance payments, impairment loss on goodwill, write-off of intangible assets, change in fair value of investment in shares, expenses related to acquisition or disposal of business, and loss on extinction of debt and equity components of convertible debentures, which are extraordinary and non-recurrent expenses, and Board remuneration, which is paid in shares units. EBITDA and non-GAAP adjusted EBITDA are provided as a supplementary earning measure to assist readers in determining the ability of ENGAGEMENT LABS INC. to generate cash from operations and to cover financial charges. They are also widely used for business valuation purposes. These measures do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies.   “I am pleased by the rebound in our revenue in Q1, after a challenging 2020 and the substantial impact that Covid-19 had on our business.  Our sequential revenue growth of more than 70% is a clear reflection of renewed focus on growth by our client base and a belief that TotalSocial can help them achieve their 2021 growth objectives” said Ed Keller, CEO.  “Further, the impact of the cost reductions initiatives we implemented led to 46% improvement in our Adjusted Non-GAAP EBITDA loss as we remain focused on the goal of making Engagement Labs a profitable company in 2021.”

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    About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. To learn more visit www.engagementlabs.com   Disclaimer in regard to Forward-looking Statements Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, Engagement Labs does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.   For media inquiries please contact: Vanessa Lontoc / Ed Keller, CEO Engagement Labs vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

New Engagement Labs Data Ranks Top Brands Across Categories, with Travel Leading WOM Growth as US Looks Forward to a Post-Pandemic Future

Expedia Tops Travel Category; Auto, Telecom and Financial Sector Also Enjoy Rising WOM, Led by Toyota, Comcast, and Robinhood Respectively

travellingpostcovid Our last blog talked about America’s changing brand buzz since Covid-19 , noting that WOM levels held steady during COVID-19 era, with certain categories gaining momentum during the pandemic. This week, Engagement Labs takes a closer look at the brands that have the greatest WOM strength as we prepare to enter the summer months, with hopes and dreams for a return to a more normal America this summer. To do so, we, examine the top brands by industry sector and report on those whose WOM has grown over the past quarter versus the prior quarter. These are the brands that are showing the most improved performance. As more states plan to fully reopen, the ranker gives an outlook to what may come. We start with a category view. With warmer months approaching and vaccination numbers surging, Americans are ready to hit the road. We see WOM about brands in travel services increasing the most (+13% as a category, led by Expedia, Airbnb and Southwest). After travel, the categories with the biggest WOM growth are automotive (+9%, led by Toyota, Ford and Honda), telecom (+5% led by Comcast, Tracfone and Cricket), and financial (+3% led by Robinhood, Navy Federal Credit Union and Wells Fargo).

WOM Growth by Sector

WOM Growth by Sector - Engagement Labs Meanwhile, some categories continue to have challenges: children’s products (-23%), beauty and personal care (-14%), sports (-8%), and household products (-8%) have each decreased dramatically for the same time period. At the individual brand level across nearly 1000 brands, Moderna, Johnson & Johnson and Pfizer are all among the top 5 brands in all industries in terms of growth in offline WOM, joined by Toyota and Home Depot. Reopening Outlook: Top 5 Brands in WOM Volume Growth (All Categories) Here are the top 3 brands by category. Top 3 Brands per Industry Sector based on % Growth - Travel, Auto, Telecom, Financial, Healthcare, Beverages, Food/Dining, Technology Top 3 Brands per Industry Sector based on % Growth - Media & Entertainment, The Home, Retail/Apparel, Household Products, Sports, Beauty & Personal Care, and Children's Products WOM is a proven indicator of sales and brand health. Congratulations to those brands that are getting ready for summer with the wind behind their sails (and sales). If you’d like to know where your brand ranks, contact us.

America’s changing brand buzz since COVID-19—who’s winning?

Bulldog Reporter by Engagement Labs | May 6, 2021 | Analysis, Covid-19, Public Relations The COVID-19 pandemic has brought countless challenges to Americans over the past year. From the everyday issues of social distancing, sickness and childcare, to the financial issues of concern over jobs / personal finances and understanding the stimulus – the past year has altered everyone’s way of life. But has it impacted how we talk about brands? This analysis looks at trends in brand WOM since the pandemic to reveal the impact of COVID-19 on how Americans talk about brands.

Overall, WOM levels held steady during COVID-19 era, but certain categories gained momentum during the pandemic

Overall, offline WOM levels were largely steady (a small decline of 1%) during the COVID-19 era.* So even with social distancing and lock downs, Americans kept talking offline about products, services and brands as they navigated the many changes in their lives, and with it new brand choices that they needed to make. This average includes certain categories that gained momentum during this time, including health/healthcare (+10%), financial services (+4%), beauty/personal care (+3%) and media/entertainment (+3%). At the same time, other categories decreased, some dramatically. Among those declining in offline talk are sports (-13%), as well as travel (-7%), home products (-7%), telecom (-7%), auto (-5%) and beverages (-5%).     Read the full AgilityPR/Bulldog Reporter article, here.
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For more information on TotalSocial®  or to request a demo, visit www.engagementlabs.com For sales contact us at:sales@engagementlabs.com For media inquires contact us at:media@engagementlabs.com
About TotalSocial® Want a better understanding of the online and offline conversations around your brand? Are you a journalist who wants to use real data to measure the brands you’re reporting on? Are you a company who wants to gain further insights into your brand’s marketing strategies to develop effective campaigns to reach your audiences?

Engagement Labs Releases FY 2020 Audited Results

New Brunswick, NJ/Toronto, ON — April 30, 2021 – Engagement Labs Inc. (TSXV: EL) released results for its fiscal year ended December 31, 2020. Audited consolidated Financial Statements and Management Report are available on SEDAR’s website at www.sedar.com. Since Q1 of 2020, COVID-19 has had a significant impact on the marketplace and led to a reduction in marketing spend by major brands of the type who are our customers and with it a pull back in spending on services of the type we provide. This had a revenue impact on our 2020 results.  During this difficult time, management made a priority of reducing costs in light of the revenue decrease.  As a result, the Non-GAAP Adjusted EBITDA loss improved by 41% due to cost containment measures implemented by the Company.   Fiscal year 2020 Audited Results:  Highlights
  • Revenue was $2,560,569 for the year ended December 31, 2020, a decrease of 37% compared to $4,083,497 for the year ended December 31, 2019;
  • Operating expenses were $4,495,839 for the year ended December 31, 2020, a decrease of 34% compared to $6,813,918 for the year ended December 31, 2019. Excluding impairment loss on goodwill and gain on extinction of debt and equity components of convertible debentures, the non-GAAP Operating expenses before non-operational expenses decreased by 37% or $2,098,859, to $3,565,839 for the year ended December 31, 2020 from $5,664,698 for the year ended December 31, 2019;
  • Non-GAAP adjusted EBITDA(1) loss improved by 41% or $844,613, from -$2,070,568 for the year ended December 31, 2019 to -$1,225,955 for the year ended December 31, 2020;
  • EBITDA(1) loss improved by 34% or $1,426,907, from -$4,174,041 for the year ended December 31, 2019 to -$2,747,134 for the year ended December 31, 2020;
  • The net loss for the year ended December 31, 2020 decreased to -$3,515,098, down 34% or $1,774,989 from -$5,290,087 for the year ended December 31, 2019. Basic and diluted loss per share was ($0.02) for the year ended December 31, 2020, compared to ($0.03) for the year ended December 31, 2019;
  • Gross profit decreased from $2,006,774 for the year ended December 31, 2019 to $896,942 for the year ended December 31, 2020. As a percentage of revenue, the gross margin decreased from 49% for the year ended December 31, 2019 to 35% for the year ended December 31, 2020;
  • As of December 31, 2020, the Company was holding cash of $868,053 compared to $844,107 as at December 31, 2019. During the year ended December 31, 2020, the Company has been able to seek loans and grants totaling $1,208,787. Management estimates that $435,704 of these loans will likely be forgiven by the US Government under the terms of the PPP loan program.
(1)EBITDA is defined as earnings before interest, income taxes, depreciation and amortization. Number for comparative periods were revised to exclude SRED credit tax, variation on exchange, and bank charges in EBITDA. Adjusted EBITDA is a non-GAAP financial measure defined as EBITDA to which the Company adds stock-based compensation including the grant of stock options, restricted shares units, and restricted share awards as these expenses do not result in any use of operating cash flows by the Company, severance payments, impairment loss on goodwill, write-off of intangible assets, change in fair value of investment in shares, expenses related to acquisition or disposal of business, and loss on extinction of debt and equity components of convertible debentures, which are extraordinary and non-recurrent expenses, and Board remuneration, which is paid in shares units. EBITDA and non-GAAP adjusted EBITDA are provided as a supplementary earning measure to assist readers in determining the ability of ENGAGEMENT LABS INC. to generate cash from operations and to cover financial charges. They are also widely used for business valuation purposes. These measures do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies.   “We were off to strong start of the year, as evidenced by the TotalSocial revenue growth of 11% in Q1 ’2020 versus Q1 2019, before the impact of COVID-19 hit and had a significant impact on our revenues for the rest of 2020,” said Ed Keller, CEO. “The Company took quick action to reduce costs and those efforts succeeded in cushioning the impact of the pandemic on our non-GAAP Adjusted EBITDA loss, which in fact improved by 41% over 2019.” “As we look to 2021, we have announced several important signings recently, including a multi-year renewal with a leading global media and advertising agency valued at $430,000 and contracts with two leading multinational technology brands valued at $158,000, one of whom was a long-time client who has now returned to our client roster.  Additionally, we announced a business development partnership with a leading digital activation firm to use our proprietary data, which we will expect will add a new revenue stream in FY 2021,” Keller continued.

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    About Engagement Labs Engagement Labs (TSXV: EL) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. To learn more visit www.engagementlabs.com   Disclaimer in regard to Forward-looking Statements Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, Engagement Labs does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. For media inquiries please contact: Vanessa Lontoc / Ed Keller, CEO Engagement Labs vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com