VANCOUVER, Dec. 14, 2018 /CNW/ - Venzee Technologies Inc. (TSXV: VENZ) ("Venzee" or the "Company") the most advanced platform for the distribution of consumer-relevant product information, is pleased to announce the addition of a NYSE publicly traded global e-commerce service provider to its Channel Partner Program.
Venzee's Channel Partner Program was created to leverage Venzee's Mesh API platform for high volume product manufacturers, large retailers, and global distributors to integrate their existing content systems with an increasingly challenging retail landscape. With today's announcement, Venzee's technology is now available to serve more than 100,000 manufacturers, distributor and retailers served through our announced partnerships. This represents an addressable market greater than $50M USD per year.
"The Channel Partner Program has resulted in a handful of previously announced contractual engagements", says Peter MacKay, President and CEO of Venzee. "These agreements are being executed to drive our revenue for Venzee and its shareholders. Venzee has a unique technology that is clearly being recognized by the leading providers of online content distribution."
Launched in February, the Venzee Channel Partner Program offers brands, manufacturers, retailers, and distributors an open, API-based, system-agnostic content distribution platform. Venzee's workflow technology complements and extends utility for Content Management Systems, ERP's and other platforms common in complex product organizations.
"Consumer demand for useful, detailed, and relevant product information has been the primary driver behind the growth of Venzee and our partner program in particular," stated John Abrams, Vice President for Partner Development at Venzee. "Brands need to optimize their investment in content management to remain consumer relevant - integrating Venzee's content distribution tools with existing management solutions helps connect brand content to demanding consumers."
Venzee's intense focus on using modern technology to automate process and remove content distribution friction aligns with, and supports, the objective of providing "end-to-end" content availability made by traditional content management platforms serving the vast majority of enterprise-class manufacturers, retailers, and distributors.
With this agreement, Venzee has 4 signed partners from our funnel of 34 partners in discussion to utilize our technology, of which 9 more are in active negotiations.
To learn more about Venzee and its Channel Partner Program, visit https://venzee.com.