World’s Largest E-Commerce B2C Vaporizer Company
October '17 Sales of C$1.3m Representing a 174% Year-On-Year Increase
Message: Namaste Signs Marketing Agreement With Peeks Social to Promote and Sell Vaporizers in Peeks Platform
VANCOUVER, BRITISH COLUMBIA--(May 17, 2017) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES
Namaste Technologies Inc. ("Namaste" or the "Company") (CSE:N)(CSE:N.CN)(CNSX:N)(FRANKFURT:M5BQ)(OTCQB:NXTTF) is pleased to announce that it has signed a marketing agreement (the "Agreement") with Peeks Social Ltd. ("Peeks") (TSX VENTURE:PEEK)(OTCQB:KEEKF) in order to promote Namaste's product offering as a preferred vendor on its iOS and Android Apps. Namaste and Peeks will work with strong social influencers actively involved in the network and supportive of the medical cannabis industry to promote certain brands of products selected by Namaste. Namaste products will be promoted through these influencers and available for sale on Peeks' platform. Peeks is a high growth social media platform that appeals to Namaste's target demographic of consumers.
- Peeks will provide a marketing & sales program through multiple social influencers on Peeks
- Peeks will include Namaste within featured categories on Peeks
- Namaste will provide samples to high traffic social influencers in the Peeks platform
- Namaste will participate in Peeks Offer Box Program
- Namaste will set up and operate its own Peeks channels
- Namaste will share the Peeks platform through Namaste's social media channels
- Namaste will add the Peeks logo to its website (with call-to-action)
- Namaste will set up intro videos on the main Namaste Peeks channels
Peeks is a publicly traded company listed on the TSX Venture Exchange under the symbol "PEEK" and on the OTCQB under the symbol "KEEKF". Its principal activity is the development of social media and social commerce products and services for use by consumers and businesses, with a focus on mobile (iOS and Android) products. The Peeks head office is located at 184 Front Street East, Suite 701, Toronto, Canada, M5A 4N3.
Sean Dollinger, President and CEO of Namaste comments: "We are very happy to have signed this agreement with Peeks Social. We have seen an overwhelming response from strong social influencers in the platform that are wanting to get involved with promoting Namaste products. We are working closely with the Peeks management and operations team to build out the Namaste channel and scheduling for promotional videos in the platform."
About Namaste Technologies Inc.
Namaste Technologies Inc. is an emerging leader in vaporizer and accessories space. Namaste has 26 ecommerce retail stores in 20 countries, offers the largest range of brand name vaporizers products on the market and is actively manufacturing and launching multiple unique proprietary products for retail and wholesale distribution. The Company is currently focused on expanding its product offering, acquisitions and strategic partnerships, and entering new markets globally.
On behalf of the Board of Directors,
Sean Dollinger, Chief Executive Officer
Further information on the Company and its products can be accessed through the links below:
FORWARD LOOKING INFORMATION This press release contains forward-looking information based on current expectations. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, Namaste assumes no responsibility to update or revise forward looking information to reflect new events or circumstances unless required by law. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedar.com. This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The CSE has neither reviewed nor approved the contents of this press release.
Namaste Technologies Inc.
Chief Executive Officer
+1 (786) 389 9771
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