VERB Signs Phoenix Suns in Multi-Year Deal to Provide Interactive Video Technology to Drive Ticket and Merchandise Sales and Increase Fan Engagement

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Verb Technology Company, Inc.

Verb Technologies Corporation, Inc.

The partnership with the Suns is VERB’s very first with an NBA staff

VERB’s video clip-based income alternatives to grow to be crucial component of Suns’ electronic approach

NEWPORT Beach front, Calif. and SALT LAKE Metropolis, March 28, 2022 (World NEWSWIRE) — Verb Technological innovation Organization, Inc. (Nasdaq: VERB) (“VERB” or the “Company”), the chief in interactive video clip-based mostly income enablement programs, like shoppable livestream, today declared that the Business has entered into a partnership with the Phoenix Suns (“the Suns”) of the Nationwide Basketball Affiliation (NBA). The Phoenix, Arizona-based team will leverage VERB’s suite of revenue enablement remedies to push ticket and items product sales and interact with Suns’ supporters by way of interactive, shoppable electronic content material.

“The implementation of VERB’s video clip-centered software program solutions really should assistance us proceed to expand and potential proof our advertising technological know-how stack, supporting elevation of our information strategies for ticket gross sales, merchandise profits, and general manufacturer consciousness,” said Tramon Thomas, VP, Manufacturer Electronic and Social, of the Phoenix Suns. “This technological know-how will also be a considerable addition to the Suns’ new electronic method, which will capitalize on interactive digital material and fortify our electronic assets to get to enthusiasts and supporters. We glimpse forward to advancing our digital redesign initiatives with VERB’s top-edge interactive online video technology.”

“We are thrilled to signal a partnership with the Suns, a group that not only shines on the basketball court but also with their eyesight to deploy effective electronic engineering applications to maximize sales and interact their enthusiasts,” claimed Rory J. Cutaia, CEO of VERB. “Seeing stable advancement in our sports leisure vertical displays the strong and wide use circumstance programs for our video clip-based answers across a variety of businesses and industries to speed up income growth and additional have interaction with clients, shoppers, and enthusiasts who are fast adopting online video as a variety of communication and efficient conversation. We see wonderful matters ahead from our partnership with the Suns and glance ahead to additional increasing our presence in the NBA and other skilled sports activities leagues.”

About VERB

Verb Engineering Organization, Inc. (Nasdaq: VERB), the market place chief in interactive video clip-primarily based gross sales purposes, transforms how companies catch the attention of and engage consumers. The Company’s Software program-as-a-Services, or SaaS, system is dependent on its proprietary interactive video technologies, and is comprised of a suite of sales enablement organization computer software products and solutions presented on a subscription foundation. Its software purposes are used by hundreds of thousands of people in in excess of 60 international locations and in additional than 48 languages. VERB’s purchasers include things like massive product sales-based mostly enterprises as well as compact small business gross sales teams, together with the gross sales and promoting departments of skilled sports activities groups. Of note is its forthcoming Current market, a multi-vendor, multi-presenter, livestream social searching system at the forefront of the convergence of ecommerce and leisure. With close to 200 staff, the Corporation is headquartered in American Fork, Utah, and it also maintains places of work in Newport Seaside, California.

For extra details, you should go to: www.verb.tech.

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Ahead-Wanting STATEMENTS

This interaction consists of “forward-seeking statements” as that phrase is outlined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements entail pitfalls and uncertainties and involve, without having limitation, any statement that may perhaps predict, forecast, suggest or suggest potential success, general performance or achievements, and may possibly have words these as “anticipate,” “expect,” “project,” “plan,” or terms or phrases with related indicating. Forward-wanting statements contained in this press release relate to, among other factors, the Firm’s projected monetary general performance and running benefits, such as SaaS Recurring Profits, as well as statements pertaining to the Firm’s progress to reaching its strategic aims, together with the thriving integration and long term general performance of acquisitions. Forward-wanting statements are primarily based on present anticipations, forecasts and assumptions that involve challenges and uncertainties, like, but not confined to the COVID-19 pandemic and associated public wellbeing actions on our company, shoppers, markets and the worldwide economy our designs to entice new shoppers, retain existing shoppers and improve our once-a-year revenue the advancement and delivery of new merchandise, including verbLIVE our plans and expectations pertaining to computer software-as-a-provider choices our capability to execute on, combine, and know the rewards of any acquisitions fluctuations in our quarterly final results of operations and other operating actions growing levels of competition common economic, sector and enterprise situations. If any of these hazards or uncertainties materialize, or if any of our assumptions demonstrate incorrect, our genuine effects could differ materially from the benefits expressed or implied by these forward-on the lookout statements. Buyers are referred to our filings with the Securities and Exchange Commission, such as our Annual Reviews on Sort 10-K and Quarterly Reviews on Sort 10-Q, for more information and facts pertaining to the risks and uncertainties that may perhaps lead to actual success to differ materially from those people expressed in any ahead-looking statement. All forward-seeking statements in this press release are based on information and facts accessible to us as of the date hereof, and we do not think any obligation to update the ahead-wanting statements provided to mirror events that occur or instances that exist soon after the day on which they were manufactured, except as expected by law.

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