Engagement Labs Reports TotalSocial Continued Revenue Growth in Q2 2019

  • 17% year-over-year growth in TotalSocial revenue

  • EBITDA improved by 53% from Q2 2018

  • Non-GAAP Adjusted EBITDA improved by 50% from Q2 2018

  MONTREAL, Quebec — August 22, 2019 – Engagement Labs Inc. (TSXV: EL) released results for its second quarter ended June 30, 2019. Condensed interim consolidated Financial Statements and Management Report are available on SEDAR’s website at www.sedar.com.   Second Quarter Financial Highlights
  • Total company revenue was $961,435 for Q2 2019, of which $927,671 is TotalSocial® revenue, representing a 17% increase in TotalSocial revenue vs Q2 2018 ($791,274).
  • Operating expenses have decreased to $1,274,931 in Q2 2019, down 20% or $325,775 from $1,600,706 in Q2 2018.
  • Gross margin increased to 48% in Q2 2019, from 39% in Q2 2018.
  • Net loss before income taxes has decreased to -$784,522 in Q2 2019, down 46% or -$659,300 from -$1,443,822 in Q2 2018.
  • EBITDA loss of -$463,162 for Q2 2019, representing an improvement of $514,982, from -$978,144 for Q2 2018.
  • Non-GAAP Adjusted EBITDA loss of -$412,425 for Q2 2019, representing an improvement of $407,461 from -$819,886 for Q2 2018.
  • Basic and diluted income per share was ($0.01) for Q2 2019 compared to ($0.02) for Q2 2018.
  • As at June 30, 2019, the Company had cash of $2,085,264, compared to $906,455 as of December 31, 2018.
“TotalSocial is gaining traction in 2019, with 30 client deployments across 12 industry verticals.  We have recently announced our first clients in two new sectors – leisure travel and video games – both with leading players.  What’s attractive about this breadth is that it proves TotalSocial is not just a platform for a handful of brands in a limited set of categories, but has a large Total Addressable Market to pursue,” said Ed Keller, CEO. “Further, our cost cutting initiatives have put us on a path to cash flow breakeven that will make us a stronger company.”  

Company Hires Computershare for Equity-Based Securities Administration Agreement

The Company has retained Computershare Trust Company of Canada (“Computershare”) to act as administrative agent to administer an Equity-Based Securities Administration Agreement (the “Plan”) for the sale of shares of the Company underlying its various share compensation arrangements to pay withholding taxes on behalf of Plan beneficiaries.  Computershare will establish a separate custodial account in its name and execute sales through its own broker in the normal course.  In accordance with Exchange requirements, the Company announces that further to the shareholders’ meeting held May 22, 2019 at which shareholders approved the issue of 6,000,000 common shares to directors for past services, the Company confirms that, subject to TSX final approval, a final number of 4,294,447 common shares will be issued in the aggregate, inclusive of common shares that will  be issued to Computershare under the Plan.   ###     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

Sales to Leading Brands Drive 55% Year-on-Year Growth for Engagement Labs’ TotalSocial® Data Platform

Repeated Quarterly Growth as Client Base Expands to 12 Categories

  New Brunswick, NJ/Montreal, QC — August 20, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that revenues for its flagship product, TotalSocial® had reached approximately CDN $3.8 million for the 12 months ending June 30, 2019, up 55% versus the prior 12 months.  In addition, the Company announced:  
  • Double-digit growth for each of the recent four quarters, compared to a year earlier (see chart below)
  • Contracts with more than 30 Fortune 500 companies since the inception of TotalSocial in late 2016.
  • Contract values between $100,000 and $400,0000 annually, with an average duration of 24 months, along with shorter initial engagements with prestigious, blue chip brands.
  • A broadening of the TotalSocial client base from nine to 12 industries over the last 12 months, with new clients served in the beverages, travel, and video game categories.
“Last year was transformational as we completely shifted Engagement Labs staffing, infrastructure, and revenues to the TotalSocial platform,” said CEO Ed Keller.  “Our strategy is based on marketplace feedback indicating strong demand for a tool that helps separate the signal from the noise of social media, which is an important part of what TotalSocial delivers.”   In January, the prestigious MIT Sloan Management Review published Engagement Labs’ analytics showing that the metrics measured on the TotalSocial platform predict 19% of consumer purchases, providing clients with the tools they need to improve sales growth.  Over half of the impact on sales comes from offline conversations about brands, which no other measurement system captures on a consistent basis.   “The diversity and prestige of our client base are important validators of our business and sales strategy,” said Steven Brown, President and Chief Revenue Officer of Engagement Labs. “We are experiencing strong momentum which we expect will continue in the year ahead.”   ###   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 Special Investor Call for Tuesday, August 13th

New Brunswick, NJ/Montreal, QC —August 9, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that it intends to hold a Special Investor Call on Tuesday, August 13th at 4 pm Eastern time. Details for the call are below.   The Company intends to update shareholders as a consequence of having received multiple inquiries from shareholders and prospective shareholders regarding ‎recent new contract press releases including the announcement regarding the engagement of an investment bank to explore strategic alternatives.   Date:  August 13th, 2019 Time:  4pm Eastern time Participants: Toll-free dial-in number (Canada/US): 1-866-323-9095 Local dial-in number:  416-849-3996 International dial-in numbers:  Click here for list of international dial-in numbers Participant passcode:  478389#   ###   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

Five Prestigious Brands Tap Engagement Labs for Initial Engagements

Combined TotalSocial Programs Valued at CAD $324,250

  New Brunswick, NJ/Montreal, QC —August 7, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that it has secured five initial engagements with leading brands in four industry verticals. The combined sales value of the contracts is CAD $324,250. The verticals involved include banking, beverages, retail, and streaming television. All five engagements are based on the Company’s TotalSocial® platform that measures online and offline consumer conversations. “TotalSocial is a multi-year, monthly subscription service. In the case of these highly prestigious clients, we have designed initial engagements to convert to ongoing programs following successful completion,” said Steven Brown, President and Chief Revenue Officer of Engagement Labs. A key component of these engagements is applying predictive analytics to connect consumer, to measure the relationship between consumer conversations and purchases, and to identify marketing strategies to drive growth. Earlier this year, the MIT Sloan Management Review published the result to a major analytic project by Engagement Labs and a leading academic at Northeastern University that showed consumer conversations account for 19% of consumer purchases, on average. TotalSocial provides clients with opportunities to capitalize on this insight to increase sales. ###   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 Engages New York-based Investment Bank to Consider the Company’s Strategic Alternatives

New Brunswick, NJ/Montreal, QC — August 2, 2019 — Engagement Labs Inc. (TSXV: EL), announced today that the Company had received unsolicited expressions of interest with respect to the possible strategic investment in or acquisition of the Company, and in light of this has engaged a New York-based investment bank to work with the Board of Directors to consider its strategic alternatives which may include taking on a strategic investor, the sale of the Company and/or some or all of its assets. There is no assurance that any material decisions will be made as a consequence of this process.     ###     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 TSX Venture Exchange nor IIROC accepts responsibility for the adequacy or accuracy of this release.   For inquiries please contact: Ed Keller, CEO Engagement Labs ed.keller@engagementlabs.com

Engagement Labs Secures Contracts with One of the Largest U.S. Media Companies; CEO and President provide Q&A in Response to Increasing Interest from The International Investment Community

Engagement Labs Secures Contracts

  New Brunswick, NJ/Montreal, QC — July 31, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that it has successfully secured two contracts valued at CAD $187,149 with one of the largest US-based multinational media and entertainment conglomerates.  The contracts are valued at CAD $187,149, and the engagements are for the remainder of the 2019 year across multiple networks. The Company extends its recent growth and momentum in the broader entertainment industry with its recently announced addition of its first video game company.  The Company’s entertainment client base and domain expertise includes a diverse group of companies including gaming, over-the-top (OTT) companies, global news and entertainment media brands and television channels. “Media is a highly conversational category. With ever more choices about what to watch, when to watch it, and on what device, consumers generally seek out advice and recommendations from others. With the rise of cord cutters, in order to be successful in this environment it is critically important to know which entertainment programs break through the clutter and become part of the cultural conversation, as well as what drives people to talk and how best to spark conversations,” said Ed Keller, CEO of Engagement Labs. “Brands are discovering the power of consumer conversation to amplify their paid advertising, which is also the logic behind our recently announced partnership with MRI-Simmons.” Keller concluded, “We are pleased to be continuing our partnership with this industry leader to provide powerful data on social influence to drive their business forward and look forward to continuing our work together in the years to come.” To learn more how to improve your marketing ROI and increase sales through social intelligence, reach out at: totalsocial@engagementlabs.com.    

CEO and President provide Q&A in Response to Increasing Interest from The International Investment Community

  What is Engagement Labs? Engagement Labs is an industry-leading data and analytics firm that delivers TotalSocial®, a unique social analytics platform that helps Fortune 500 companies strengthen their brands, accelerate sales, and improve marketing ROI by leveraging the power of consumer conversations and social engagement. Among the hundreds of social analytic offerings in the market, TotalSocial is the only one that captures and analyzes what consumers are saying about brands every day, in both their online and offline conversations. The platform also features predictive analytics based on this proprietary data that forecast sales growth, media effectiveness, brand health, and other marketing outcomes.   What’s the business model? Engagement Labs is a Platform as a Service business model where most customers commit to a multi-year contracts. Since the TotalSocial platform was launched in 2016 the company has signed contracts of over $12M and has experienced a customer renewal rate in excess of 80%.   What is Engagement Labs customer footprint? Engagement Labs’ sweet spot is Fortune 500 companies. We have been very successful in securing several contracts with large, multi-national organizations.  The part that has particularly excited us about our success is the wide-ranging industries in which the TotalSocial platform resonates, our customers span across Telecom, Sports/Media, Financial, Retail, Tech and consumer goods sectors such as Beverages and Beauty.   How does Engagement Labs differentiate itself from other marketing data and analytics pace-sharing marketplaces? There are a few things that make us unique. The TotalSocial platform is the first and only product in the market that combines offline and online data. The platform is a patent-pending technology and database architecture which has artificial intelligence/machine learning for powerful, fast predictive models and diagnostics to guide client decision making. Also, it is the only product in the market with predictive analytics that are used forecast future sales.   Can you please explain what you mean by offline word of mouth data and how that adds value? The company has the first and only product in the market with 10-year database of proprietary brand, industry and competitive intelligence which holds social data for over 1000 Brands across multiple industries.  This complements online data for the same brands.  Using this data, we are able to provide our customers with analytics they can use to predict future performance. The vital importance of the two in tandem is that analytics demonstrate that online data can predict about 9% of a brand’s sales, while offline can predict an additional 10%.  Further, there is no correlation between the two, so only when a marketer has both offline plus online data can they get a full and complete view.  Social media without offline creates a very real chance that the wrong decisions will be made.   Has the platform been recognized in the marketplace? Engagement Labs has been highly cited and validated by well-known industry experts and publications highlighting the Company’s technology including Harvard Business Review, New York Times, USA Today and the Wall Street Journal.  Also, we received recognition and citation of Engagement Labs’ analysis as evidence in Hillary Clinton’s book, “What Happened.”  Engagement Labs was also the winner of the 2017 Best Paper Award from the Advertising Research Foundation and the winner of 2017 Wommy Award.   What was your role Ed before Engagement Labs? I was CEO and founder of a company called Keller Fay Group that focused on offline word of mouth measurement.  And prior to that I was CEO of Roper ASW, one of the world’s largest and most prestigious market research firms.   What was your role Steve before Engagement Labs? I have been in the digital industry for more than 25 years and spent the last 10 working with SaaS and PaaS based companies.  I was most recently the Chief Revenue Officer of Viewlift and SVP of Neulion.  They are both leading PaaS companies.   What attracted you to join Engagement Labs? [Ed]: What attracted me to Engagement Labs was the opportunity to take Keller Fay’s offline data and integrate it with social media data and deliver it via a technology platform. The TotalSocial platform we created together is the vision I had when we joined Engagement Labs. [Steve]: I began to see Fortune 500 companies begin to use social to solve problems and grow revenue. Most companies are focused on social listening which is interesting but does not accomplish these goals. When Ed walked me through the TotalSocial Platform, I knew we had something that Fortune 500s needed.   What’s the opportunity for Engagement Labs? The total addressable market (TAM) is very large.  Our focus during these initial two years has been to secure contracts with leading brands across a range of verticals.  With those industry-leaders in hand, we are now actively pursuing other brands in each vertical and believe as a result our growth can be exponential.   Are there any significant partnerships the Engagement Labs can leverage for growth? Engagement Labs has a significant opportunity with a partnership that we have with Kantar under the WPP umbrella who are the world’s second largest market research and data company. The partnership includes a two-year licensing agreement for the exclusive rights to sell Engagement Labs’ TotalSocial platform in the United Kingdom and the creation of unique Kantar/TotalSocial products to take to market in the US.  After a thorough assessment of the industry, Kantar found TotalSocial to be the most innovative and highly differentiated platform in the marketplace. In addition, we recently announced a partnership with MRI-Simmons, the leading provider of insights on the American consumer and their media behavior.  Launched as a joint venture in 2019, MRI-Simmons is co-owned by GfK and Symphony AI Group, with GfK as the majority partner.  This deal is part of the overall growth strategy of Engagement Labs to accelerate its client base and revenue.   What’s the most surprising use of Engagement Labs technology thus far? One of our customers in Telecom has aggressive growth targets with ambition to become the #1 brand in its competitive set and sees advocacy as key.  They needed to identify new marketing channels and target consumer segments to grow the brand.  TotalSocial helped our customer in the following ways:
  • Provided them with Consumer Insights to help them understand the drivers of new customer acquisition and growth levels for existing customers
  • Helped them identify new target market demographics, including age, socio-economic and cultural factors
  • Provided a recommendation to create a lower price-point product which the company launched
  • Provided a recommended messaging and media platform to launch new product which the company adopted
  What are your priorities for 2019? 2019 priorities are sales and revenue growth through direct selling, expansion of partnership opportunities to accelerate that growth further, and building out activation partnerships that power our clients to reach the right consumers based on the data and analytics that TotalSocial provides.   Interview with: Ed Keller, CEO Engagement Labs Steven Brown, President Engagement Labs     ###   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 Inks Partnership with MRI-Simmons, Launches MRI/TotalSocial fusion

Engagement Labs partnership with MRI-Simmons, a leading producer of media and consumer research in the US, launches innovative new data solution to help brands, agencies and media owners to harness the power of word-of-mouth

  New Brunswick, NJ/Montreal, QC — July 26, 2019 — Engagement Labs Inc. (TSXV: EL), the industry-leading data and analytics firm that specializes in social intelligence for leading brands and companies, has announced a new alliance and joint product with MRI-Simmons, the leading provider of insights on the American consumer and their media behavior.  Launched as a joint venture in 2019, MRI-Simmons is co-owned by GfK and SymphonyAI Group, with GfK as the majority partner.  This deal is part of the overall growth strategy of the Engagement Labs to accelerate its client base and revenues.   The MRI/TotalSocial fusion combines Engagement Labs’ TotalSocial platform – a proprietary database of offline social data – with MRI’s Survey of the American Consumer® – the definitive, ongoing study of US consumers that captures in-depth information on media choices, attitudes, and consumption of products and services in nearly 600 categories.   “Our partnership with MRI allows us to collaborate with an industry leader to create and take to market the first and only offering that empowers marketers to direct their paid ad messages to those media and target consumers that are best able to amplify their messages through their real-world social networks,” said Ed Keller, CEO of Engagement Labs.   “We are thrilled to be partnering with an innovative company such as Engagement Labs in bringing the power of word of mouth into the media mix,” said Maureen Doherty, Vice President for Partnerships at MRI-Simmons. “As brands and agencies seek greater control over their plans, and growing reach for their messages, this fusion makes word-of-mouth not only relevant, but actionable. Together, these data sets deliver a unique, real-world tool for unlocking a powerful – but often unreachable – element of branding.”   ###     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 TSX Venture Exchange nor IIROC 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 Secures Contract With Global Video Game Company

1-Year Contract Valued at CAD $209,512

  New Brunswick, NJ/Montreal, QC — July 24, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) announced today that it has successfully secured a multi-national contract with a leading global video game company. The one-year agreement is valued at CAD $209,512. The new contract is the Company’s first with a video game corporation and involves the subscription of TotalSocial®, the Company’s unique platform for tracking consumer conversations both online and offline.  The contract secured a 12-month paid engagement and offers both companies the option to continue the engagement for multiple years. The client will use TotalSocial in both the United States and the United Kingdom. “Our expansion into the video game sector demonstrates that our TotalSocial platform is valuable to cutting edge product categories that serve a youthful marketplace,” said Steven Brown, President and Chief Revenue Officer of Engagement Labs.  “Our new client is eager to leverage consumer conversations that are happening both online and offline, in recognition that even today’s younger consumers are interacting with each other in the real world when they recommend products and brands.” To learn more how to improve your marketing ROI and increase sales through social intelligence, reach out at: totalsocial@engagementlabs.com. ###   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 Signs New TotalSocial® US Contract with Leading Leisure Travel Brand

Two-Year Contract Valued at CAD $465,000

  Montreal, QC — July 19, 2019 — Engagement Labs Inc. (TSXV: EL) (the “Company”) is pleased to announce its signing of a new client, its first in the travel industry. The Company has secured a 12-month paid proof of concept and additional 12 months with one of the leading leisure travel brands to utilize TotalSocial® as its proprietary data and analytics platform for social intelligence. The total value of the contract is CAD $465,000 over the 2 years. The new client chose Engagement Labs’ TotalSocial platform to be a key tool to help guide its marketing strategies and tactics for North America. The Company’s CEO has declared his belief that it is a “word of mouth brand” and TotalSocial will provide the tracking and strategic roadmap to help the company take maximum advantage of the power of word of mouth. A particular focus for this client is the high-income traveler, and TotalSocial is able to address that demographic target. From the launch of the TotalSocial platform in the fall of 2016, it has provided unique and valuable data and insights for leading brands across a diverse group of Fortune 500 companies. With the addition of the new client in the travel industry, the TotalSocial platform spans across 12 major industries and sectors. “We are very pleased to add this prominent travel industry brand to our roster of clients,” said Ed Keller, CEO of Engagement Labs. “Our Client has strong revenue goals and understands that word of mouth is a key to achieving those goals.  TotalSocial has been chosen to help provide a road map and tracking system for their pathway to success.” “We believe that this contract reaffirms our commitment to provide innovative solutions that deliver to the travel industry,” said Steven Brown, President & Chief Revenue Officer of Engagement Labs.   ###   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 TSX Venture Exchange nor IIROC 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 Signs New TotalSocial® Contract with UK Bank

16-month Contract Valued at CAD $272,000

  Montreal, QC — July 18, 2019 — Engagement Labs Inc. (TSXV: EL) is pleased to announce a new deal in support of its growth strategy with the signing of a key new UK client. The deal is with a major challenger bank in the UK to utilize TotalSocial® as its proprietary data and analytics platform for social intelligence. The total value of the contract is CAD $272,000 (£160,000) over the 16 months. The new client chose Engagement Labs’ TotalSocial platform to help the firm manage and improve its reputation, competitive intelligence and improve brand health. This is a new addition to Engagement Labs’ growing roster of financial industry clients in the UK and US markets. The Financial Sector is increasingly focused on customer centricity, and customer advocacy is increasingly important as a driver of growth in an evolving industry. TotalSocial helps financial services companies to create strategies and monitor performance against this objective. “We are very pleased and excited to add this bank brand to our roster of clients,” said Ed Keller, CEO of Engagement Labs. “Our Client understands well the importance of social influence data and analytics to drive enhanced marketing ROI and effectiveness, and has embraced TotalSocial for the value it can bring in providing a unique perspective on social engagement and its impact on its reputation and brand performance.” “Our Client recognizes the TotalSocial platform’s ability to help achieve its goals, including improved marketing ROI and growth in top line revenue” added Steven Brown, President & Chief Revenue Officer of Engagement Labs. “We have strong experience in the finance sector and I am particularly encouraged by our recent momentum in the UK, which is a strong harbinger for further growth for the company.” ###     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 TSX Venture Exchange nor IIROC 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