Engagement Labs Releases FY 2018 Audited Results, Launches Prospectus Offering of approximately $1,800,000 in Units Led by Gravitas Securities, Proposes Debt Reorganization for approval by Debentureholders and 2:1 Share Consolidation

  • 113% year-over-year growth in TotalSocial revenue

  • Growth based on increase in number of clients to 20 (up from 9) and expansion of sectors served to 11 (up from 6)

  • Total company revenue growth of 15% year-over-year

  • Gross profit increased by 25% for 2018, and gross margin improved from 42% to 46% for 2018

  MONTREAL, Quebec — May 2, 2019 – Engagement Labs Inc. (TSXV: EL) (OTCQB: ELBSF) released results for its fiscal year ended December 31, 2018. Audited consolidated Financial Statements and Management Report are available on SEDAR’s website at www.sedar.com.   Fiscal Year 2018 Audited Results Released
  • TotalSocial® revenue increased by 113% from year ended December 31, 2017 to year ended December 31, 2018.
  • The number of brands using TotalSocial® increased to 20 during 2018, up from 9, and the number of industry sectors increased from 6 to 11. New sectors include Sports, Retail/Apparel, Beverage, Agency and Travel, to go along with Media, Beauty, Telecom, Software, Food and Financial.
  • Total revenue, including both TotalSocial® and the Company’s legacy products, was $3,973,704 for the year ended December 31, 2018, an increase of 15% compared to $3,469,767 for the year ended December 31, 2017. In the US, year-over-year growth was 26%, while the UK saw a decline for the year.
  • Gross profit increased by 25%, from $1,457,485 for the year ended December 31, 2017 to $1,818,527 for the year ended December 31, 2018. As a percentage of revenue, the gross margin increased by 4%, from 42% for the year ended December 31, 2017 to 46% for the year ended December 31, 2018.
  • Non-GAAP Adjusted EBITDA loss increased by 20%, from -$2,684,152 for the year ended December 31, 2017 to -$3,228,681 for the year ended December 31, 2018. Operating expenses before extraordinary items increased by 18%, from $5,514,535 for the year ended December 31, 2017 to $6,533,005 for the year ended December 31, 2018.
  • The net loss before income taxes for the year ended December 31, 2018 increased to -$5,628,884, up 26% or -$1,170,877 from -$4,458,007 for the year ended December 31, 2017. Basic and diluted loss per share was -$0.03 for the year ended December 31, 2018, compared to -$0.05 for the year ended December 31, 2017.
  Fourth Quarter Financial Highlights
  • TotalSocial® Revenue of $1,109,923 for Q4 2018 represents a 137% increase vs Q4 2017 of $467,908, and a 34% increase vs Q3 2018 of $829,739.
  • Total revenue, including both TotalSocial® and the Company’s legacy products was $1,139,156 for Q4 2018, an increase of 29% from $883,342 in Q3 2018, and an increased of 15%, from $989,553 for Q4 2017.
  • Gross margin increased to 54% in Q4 2018, from 40% in Q3 2018 and from 39% in Q4 2017.
  • Operating expenses, before extraordinary items, have increased to $1,774,244 in Q4 2018, up 21% or $301,912 from $1,472,332 in Q3 2018, and up 5% or $83,644 from $1,690,600 in Q4 2017. The increase from 2017 reflects management’s commitment to invest in sales and marketing to drive TotalSocial® technology sales growth, including the hiring of a Chief Revenue Officer in late December 2017.
  • Excluding extraordinary items and future income taxes, the net loss has increased to -$1,411,297 in Q4 2018, up 5% or -$61,745 from -$1,349,552 in Q3 2018, and down 9% or -$138,746 from -$1,550,043 in Q4 2017.
  • EBITDA loss of -$1,012,039 for Q4 2018, representing an increase of $30,190, from -$981,849 for Q3 2018, and an increase of -$465,427, from -$546,612 for Q4 2017.
  • Non-GAAP Adjusted EBITDA loss of -$735,594 for Q4 2018, representing an improvement of $11,838, from -$747,432 for Q3 2018, and an improvement of $313,613, from -$1,049,207 for Q4 2017.
  • Operating expenses increased 17% or $212,074 from Q3 2017. The increase from 2017 reflects management’s commitment to invest in sales and marketing to drive TotalSocial® technology sales growth, including the hiring of a Chief Revenue Officer in late December.
  • Basic and diluted income per share was -$0.01 for Q4 2018 compared to -$0.01 for Q4 2017 and Q3 2018.
  • As at December 31, 2018, the Company had cash (excluding restricted cash) of $906,455, compared to $2,677,049 as of December 31, 2017.
  “I said a year ago that 2018 is shaping up to be a transformative year for Engagement Labs as TotalSocial is now resonating with clients and prospects,” said Ed Keller, CEO.  “Our year end results show the amount of progress we have made.  We grew our number of clients and our range of sectors served.”   Corporate Restructuring   Proposed Share Consolidation and Amendment to Terms of Outstanding Debentures Engagement Labs has mailed a Notice of Special Meeting of Shareholders providing for the proposed consolidation of the common shares of the Company on a two-for-one basis effective on or about May 27, 2019.  The Meeting Materials also contemplate the approval of the issue of approximately 6,000,000 common shares on a post-consolidation basis at a price of $0.06 per share for fees owing to directors for 14 months of services for the period ended December 31, 2018.  The payment in shares is to conserve cash of Engagement Labs and is subject to approval of the TSX Venture Exchange.   Engagement Labs has mailed a Notice of Meeting and Management Information Circulars (“Meeting Materials”) to holders of the 1% Debentures, and separate Meeting Materials to 2% Debentures, both of which series are due September 28, 2020.  Engagement Labs is proposing to holders of 1% Debentures, of which there are approximately $4.23 million outstanding, and holders of 2% Debentures, of which there are approximately $1.6 million outstanding, to amend the terms of their debentures, subject to approval of 90% of the debentures outstanding of each series of debentures at a meeting or in writing, providing for the conversion of all of their outstanding debentures at a price of $0.11 per share for the 1% Debentures and $0.06 per share for the 2% Debentures, effective on or about May 27, 2019. These amendments, if approved, would cause all outstanding debentures to be cancelled and would substantially improve the Company’s financial position.  The pricing of the conversion of the debentures is subject to final approval of the TSX Venture Exchange.     Prospectus Offering The Company has entered into an agreement with Gravitas Securities Inc. (the “Agent”), pursuant to which the Agent has agreed to  sell on a commercially reasonable efforts basis by short form prospectus, up to 30,000,000 units of the Company (the “Units”) at a price of $0.06 per Unit for aggregate gross proceeds to the Company of up to $1,800,000. Each Unit will be comprised of one common share of the Company, one-half of one common share purchase warrant (each such whole common share purchase warrant, a “$0.10 Warrant”) and a second one-half of one common share purchase warrant (each such whole common share purchase warrant, a “$0.12 Warrant”). Each $0.10 Warrant will be exercisable into one common share at an exercise price of $0.10 per share for a period of 6 months after the Closing Date (as defined herein). Each $0.12 Warrant will be exercisable into one common share at an exercise price of $0.12 per share for a period of 2 years after the Closing Date. The offering is subject to a minimum offering amount of $1,500,000. The Company has also agreed to grant the Agent an over-allotment option to purchase up to an additional 4,500,000 Units at the offering price, exercisable in whole or in part, for a period ending 30 days from and including the Closing Date. In the event the over-allotment option is exercised in full, the aggregate gross proceeds of the offering will be $2,070,000. The Units will be offered in each of the provinces of British Columbia, Alberta, Manitoba and Ontario by short form prospectus. The offering is expected to close on or about May 27, 2019 (the “Closing Date”) and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange, the consolidation of the common shares of the Company on a two-for-one basis having occurred, the conversion of certain outstanding debentures of the Company in accordance with their terms and the issuance of a receipt for a final short form prospectus. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.   NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities of Engagement Labs Inc. in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been and will not be registered under the United States Securities Act of 1933, as amended, or any U.S. state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the United States Securities Act of 1933, as amended, and applicable state securities laws or unless an exemption from such registration is available. ###   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   About Gravitas Securities Inc. Gravitas Securities Inc. is a leading and prominent capital markets and wealth management firm comprised of tactical individuals known for their sophisticated sector expertise, commitment to excellence, and a global platform committed to integration and innovation. Gravitas provides a wide range of investment services for retail and corporate clients globally with offices in Toronto and Vancouver, and is represented in the United States through its FINRA representative, Gravitas Capital International, in New York. Gravitas Securities Inc. is a member of IIROC and CIPF.   Disclaimer in regard to Forward-looking Statements Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities laws. Such forward-looking statements include, without limitation, the completion of the Offering, the timing of the Closing Date, the gross proceeds of the Offering, regulatory approval of the Offering, the use of the net proceeds, if any, of the Offering, completion of the proposed share consolidation and the amendment to the terms of the outstanding debentures. 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. Additional risks and uncertainties regarding Engagement Labs are described in its publicly-available disclosure documents, filed by Engagement Labs on SEDAR (www.sedar.com) except as updated herein. The forward-looking statements contained in this news release represent the Company’s expectations as of the date of this news release, or as of the date they are otherwise stated to be made, and subsequent events may cause these expectations to change. 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, VP of Marketing / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Provides Grant of Options

MONTREAL, Quebec — January 16, 2019 – Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) announces that the Company, in accordance with its Stock Option Plan granted 415,000 stock options to two officers of the Company. The stock options have an exercise price of $0.05 per share and a term of five years.   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, VP of Marketing / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Reports Q3 2018 Results

Quarterly Revenue growth of 44% for TotalSocial® platform year-over-year  

  MONTREAL, Quebec — November 22, 2018 – Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) released results for its third quarter ended September 30, 2018. Condensed interim consolidated Financial Statements and Management Report are available on SEDAR’s website at www.sedar.com. Third Quarter Financial Highlights
  • TotalSocial® Revenue of $727,316 for Q3 2018 represents a 44% increase vs Q3 2017 of $506,204. For the comparative quarters the number of brands using TotalSocial® increased from 6 to 14, and the number of industry sectors increased from 6 to 10. New sectors include Sports, Retail/Apparel, Beverage and Agency, to go along with Media, Beauty, Telecom, Software, Food and Financial.
  • Total revenue, including both TotalSocial® and EL legacy products was $883,342 for Q3 2018 compared to $878,953 for Q3 2017.
  • In Q3, the increase in amortization of TotalSocial® software development led to a decrease of gross margin to 40% in Q3 2018, from 51% in Q3 2017. Without the amortization, the gross margin remained stable at 51% for the comparative quarters.
  • Operating expenses increased 17% or $212,074 from Q3 2017. The increase from 2017 reflects management’s commitment to invest in sales and marketing to drive TotalSocial® technology sales growth, including the hiring of a Chief Revenue Officer in late December.
  • Net loss before income taxes increased 24% or $260,080 from -$1,089,472 for Q3 2017 to -$1,349,552 for Q3 2018.
  • Non-GAAP Adjusted EBITDA loss of $747,432 for Q3 2018, representing an increase of $362,597 compared to $384,835 for Q3 2017.
  • Basic and diluted income per share was ($0.01) for Q3 2018 compared to ($0.01) for Q3 2017.
  • As at September 30, 2018, the Company had cash (excluding restricted cash) of $1,646,785, compared to $2,677,049 as of December 31, 2017.
  “2018 is a shaping up to be a transformative year for Engagement Labs as TotalSocial is now resonating with clients and prospects,” said Ed Keller, CEO.  “Our +44% revenue growth for TotalSocial from Q3 2017 to Q3 2018 is just the beginning, and our growing pipeline is expected to yield continued growth for the remainder of the year and into 2019. Further, our partnership with Kantar Analytics UK, announced in October, is expected to drive enhanced UK revenue given their large client base to sell into, and accompany our sales efforts in the US.”   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com  

Engagement Labs’ Releases TotalSocial® Version 3.2 Providing Powerful New Predictive Analytics for Brand Equity, Expands Social Media Coverage and Improves Diagnostic Tools

TotalSocial® Now Includes First-of-its-Kind Advanced Analytics for Predicting Brand Equity, Full Reddit Content for Brands and YouTube Video Shares, while Increasing Versatility of Diagnostic Analysis to Guide Better Marketing ROI for Brands

  New Brunswick, NJ/Montreal, QC — November 5, 2018 — Engagement Labs Inc. (TSX VENTURE: EL) (OTCQB: ELBSF) today announced a major development in its TotalSocial® platform with the release of Version 3.2 which enables marketers to predict movements in their brand equity metrics months in advance, taking advantage of the predictive power of consumer conversations on long term brand equity. This is a first-of-its-kind capability that quantifies the relationship of conversations, both offline and online, with long-term business results and provides strategic guidance on how to drive performance improvement.   “We have already proven the unique ability of our TotalSocial data platform to predict sales trends up to eight weeks in advance. Now we can go further to give marketers a tool to help them build long-term brand value through social performance,” said Ed Keller, CEO of Engagement Labs. “Half of the business impact comes from offline conversations, and half from social media. This combination, which Engagement Labs uniquely measures, is central to our unique selling proposition.”   In addition to predicting brand equity, TotalSocial has expanded media coverage by including all consumer brand conversations that occur on the Reddit platform, and adding YouTube video shares to its brand sharing metric. Reddit is a platform that attracted 44 million mentions of leading US brands in the first half of 2018, adding substantially to the scope of online conversation coverage in the US.   The TotalSocial product has four online and four offline social metrics, including online and offline “brand sharing” associated with the frequency with which a brand’s marketing content is talked about face-to-face or shared online. With the addition of YouTube video shares, brands will be able to monitor their performance relative to competitors in producing online video content that consumers want to share with each other. In the first half of 2018, consumers shared videos from leading US brands 15 million times.   Besides the US, Engagement Labs presently monitors conversations about client brands in 10 other countries where Reddit and YouTube data are available.   Engagement Labs also enhanced the power of time series analysis in its Diagnostics module by increasing the speed with which analysts can pinpoint the causes of recent changes in TotalSocial performance. If a brand sees a major uptick in conversation in Q2 2018 versus a year earlier, the tools will identify which demographic groups, social media platforms, and traditional media channels that are responsible for the improvement.   “The new version of TotalSocial delivers on our promise to continually improve the marketers’ ability to raise their revenues by tapping the power of social influence. No other data source provides such a comprehensive system for leveraging the entire social ecosystem,” Mr. Keller said.   In May 2018, the company announced new artificial intelligence (AI) and machine learning tools to enable clients to more quickly and accurately plan growth strategies based on unique social data and analytics. This release extends those capabilities further.   The TotalSocial platform continues to lead the market, adding AI and machine learning to an impressive list of firsts—including being the first and only platform to combine online and offline data, and the first and only with predictive analytics. The TotalSocial platform was awarded the “Best Practitioner Paper of 2017” by the Advertising Research Foundation and was lauded for its innovation regarding its approach towards data and analytics in the social ecosystem. ###   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs’ Doubles Existing TotalSocial® Annual Contract Size with Leading U.S. Telecom

Multi-year Contract Increases Value to CAD $879,000

  New Brunswick, NJ /Montreal, QC— October 24, 2018 — Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) (the “Company”) announced today that it continues to execute on their growth strategy with a major upsell to a leading Fortune 500 US telecom client. The deal represents a significant commitment to Engagement Labs by doubling the contract for the remaining 27 months. The new contract increases the existing agreement by 100 percent, bringing the new contract value to CAD $879,000 (USD $674,325). The expansion of the relationship builds on the Company’s existing work with the Client. With multiple brands in the Client’s portfolio, the scope of work grew over the relationship from one brand at launch, expanded to two brands, and now TotalSocial® includes four key brands. The new upsold capabilities include expanded access to the TotalSocial dashboard, additional social media platforms, customized diagnostics, more reporting for the expanded portfolio of brands that are part of the relationship.  The platform has been critical to the Client’s aggressive expansion strategy. “This latest contract confirms that our customers continue to entrust Engagement Labs to enhance their marketing strategy, help increase sales and brand loyalty with the use of our TotalSocial platform,” said Ed Keller, CEO of Engagement Labs. “A major priority of Engagement Labs growth strategy includes upsells to existing customers,” adds Steven Brown, President and Chief Revenue Officer of Engagement Labs. “We continue to see our clients build on their successes and increase their use of our platform.”   ###   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Secures Multi-year TotalSocial® Contract Renewal with National U.S. Sports League

Multi-year Contract Valued CAD $652,000

  New Brunswick, NJ/Montreal, QC— October 15, 2018 — Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) is pleased to announce another contract renewal with a major U.S. Sports League to utilize its TotalSocial® data and analytics platform for social intelligence. Valued at a total of CAD $652,000, the two-year deal represents a deeper commitment from one the largest sports leagues in the U.S. Over the original contract, the league grew the business in several phases.   Initially, Engagement Labs’ TotalSocial provided the league with a comprehensive and continuous view of consumers and its brand by tracking both online and offline data and conversations. The scope of work expanded to include providing team-level data as well as well as providing the sponsorship team with sponsor-level metrics and insights about the impact of their investment with the league on the quantity and quality of consumer engagement. The new agreement extends this additional reporting and analysis in a comprehensive way.   “This renewal demonstrates the power and breadth of the TotalSocial platform in providing clients with a comprehensive understanding of consumer conversations about sports and entertainment, and the insights it provides about ways to drive enhanced fan engagement and engagement with sponsors,” said Ed Keller, CEO of Engagement Labs. “Sports properties want tools that help them maximize revenues by better understanding their fans and creating better fan experiences.”   “A key component to Engagement Labs’ growth strategy is to grow our business with our clients and renewing their contracts,” adds Steven Brown, President and Chief Revenue Officer of Engagement Labs. “We are extremely excited by this renewal as it is a great example of a client seeing the value of our platform across the organization and supporting their growth.  The ultimate expression of this is their renewing with a long-term commitment.”  

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  About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients.   To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Inks Multi-Year Deal with Kantar’s Analytics Practice in UK, unit of WPP

Kantar taps Engagement Labs as partner to bring innovative social intelligence and analytics to UK marketplace

  New Brunswick, NJ / Montreal, QC— October 9, 2018 — Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF), the industry-leading data and analytics firm that specializes in social intelligence for leading brands and companies, has announced a new partnership with Kantar Analytics Practice, a unit of WPP, the £15 billion British advertising and public relations conglomerate. The partnership includes a multi-year licensing agreement for the exclusive rights to sell Engagement Labs’ TotalSocial® platform in the United Kingdom. Through these initiatives, Engagement Labs will look to grow the Kantar partnership, as well as to explore additional corporate developments deals in other geographies in the coming months. These deals are part of the overall growth strategy of the company to accelerate its client base and revenues. Kantar announced of the partnership earlier today.   Beyond the TotalSocial license agreement, Kantar and Engagement Labs will also work together to create advanced analytics that will be part of Kantar’s growing AI toolkit (known as STAN) to help brands understand how best to maximize the impact of their marketing spend.  Additionally, Kantar plans to use TotalSocial data for digital targeting of consumers who are most likely to be engaged in conversation about brands or public issues.   The Kantar Group within WPP is the second-largest data, insight, and consultancy company in the world, after Nielsen. The company employs 30,000 people and works for over half of the Fortune 500 companies, in 100 countries around the world.  Kantar entered into the partnership with Engagement Labs based on a thorough assessment of TotalSocial and found it to be the most innovative and highly differentiated platform in the marketplace.   “I have long been impressed with the innovative work from the Engagement Labs team, and find TotalSocial to be the best solution to incorporate into Kantar Analytics’ toolkit. I’m excited to be working with Engagement Labs on behalf of Kantar and its clients,” according to Matt Dodd, Managing Partner of Kantar Analytics Practice. “It’s important for businesses to understand how they are discussed and represented online but we shouldn’t be blind to other data sources. Good performance online doesn’t mean that your product is the one being talked about around the kitchen table. Brands need to build a complete picture and this partnership will help our clients to integrate both their online and word of mouth strategies.”   “The Kantar partnership is validation of the power of the data assets we have built and the TotalSocial platform. Partnering with a company of the scale and reputation of Kantar is a game-changer for Engagement Labs,” said Engagement Labs CEO Ed Keller. “Kantar is one of the largest and most prestigious market research firms in the UK, indeed the world. They have strong existing relationships with the top brands and companies and we are excited about growing our client base and revenue through this partnership.”   ###     About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients. To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   About Kantar Kantar is one of the world’s leading data, insight and consultancy companies. Working together across the whole spectrum of research and consulting disciplines, its specialist brands, employing 30,000 people, provide inspirational insights and business strategies for clients in 100 countries. Kantar is part of WPP and its services are employed by over half of the Fortune Top 500 companies. For further information, please visit us at www.kantar.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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Signs New TotalSocial® UK Contract with Leading Global Beverage Brand

Three-Year Contract Valued at CAD $167,000

  New Brunswick, NJ/Montreal, QC — September 27, 2018 — Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) (the “Company”) is pleased to announce progress with its growth strategy with the signing of a key new client in a new industry. The Company has secured a multi-year contract with one of the leading global non-alcoholic beverage brands to utilize TotalSocial® as its proprietary data and analytics platform for social intelligence. The new client chose Engagement Labs’ TotalSocial platform to be a key tool in launch of major new brand this year. The total value of the contract is CAD $167,000 over the three years. 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 industries and sectors including: telecom, beauty/personal care, retail/apparel, media, sports, software, food, financial and agencies. With the addition of the new client in the beverage industry, the TotalSocial platform spans across 10 major industries and sectors. “We are very pleased and excited to add this prominent global beverage brand to our roster of clients.” said Ed Keller, CEO of Engagement Labs. “We are confident that other beverage companies will also find our TotalSocial offering to be an important resource for strategic guidance.” “We believe that this contract can grow in size as we build a stronger relationship with this brand” said Steven Brown, President & Chief Revenue Officer of Engagement Labs. 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) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients. To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Announces Grant of Options and RSAs

MONTREAL, Quebec — September 25, 2018 – Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) announces that the Company, in accordance with its Stock Option Plan and RSA Plan, granted a combination of 5,000,000 RSAs and 4,000,000 stock options in aggregate exercisable at $0.05 per share for a period of five years to two senior officers of the Company.   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients. To learn more visit www.engagementlabs.com / www.totalsocial.com. About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com

Engagement Labs Provides Corporate Update and Grant of Options

MONTREAL, Quebec — September 14, 2018 – Engagement Labs Inc. (TSXV: EL) (OTCQB:  ELBSF) announces, in accordance with a requirement of the TSX Venture Exchange, that the shareholders of the Company approved, on February 21, 2018, the increase of common shares reserved for issuance under the Restricted Share Unit Plan (“RSU Plan”), from 6,860,926 common shares to 14,242,440 common shares. The increased number of common shares proposed to be reserved for issuance equals 10% of the issued and outstanding common shares as of the Record Date. They also approved the new Restricted Share Award Plan (“RSA Plan”) of the Company. The aggregate number of common shares issuable under RSU and RSA plans together can’t exceed 14,242,440 common shares. The Exchange has provided final approval of these plans. The Company also granted today 1,000,000 stock options to a director of the Company. The stock options have an exercise price of $0.05 per share and a term of five years.   About Engagement Labs Engagement Labs (TSXV: EL) (OTCQB: ELBSF) is an industry-leading data and analytics firm that provides social intelligence for Fortune 500 brands and companies. The Company’s TotalSocial® platform focuses on the entire social ecosystem by combining powerful online (social media) and offline (word of mouth) data with predictive analytics. Engagement Labs has a proprietary ten-year database of unique brand, industry and competitive intelligence, matched with its cutting-edge predictive analytics that use machine learning and artificial intelligence to reveal the social metrics that increase marketing ROI and top line revenue for its diverse group of clients. To learn more visit www.engagementlabs.com / www.totalsocial.com.   About TotalSocial® TotalSocial® is a premier data and analytics platform that provides brands with unique insights, improved marketing ROI and strategies to grow revenue. Fueled by actionable online and offline data, TotalSocial is the only platform that encompasses and listens to the entire social ecosystem. TotalSocial offers unique, proprietary data about brands, its industry and competitors. With cutting-edge diagnostics, patent-pending predictive analytics and machine learning, TotalSocial identifies business opportunities and provides recommendations and a roadmap to grow revenue and achieve business and marketing goals.   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, Marketing Director / Ed Keller, CEO Engagement Labs 732-846-6800 vanessa.lontoc@engagementlabs.com / ed.keller@engagementlabs.com