Verb Announces LOI with Getty Images for Upcoming
Post# of 32635
Ecosystem
HOLLYWOOD, CA – February 27, 2019 – Verb Technology Company, Inc. (OTCQB: FUSZD)
(formerly nFusz, Inc.), a leader in business-focused interactive video, and the pioneer of
Augmented Sales Intelligence software, announces today that it has entered into a letter of intent
with Getty Images, a world leader in visual communications, to form a partnership, pursuant to
which Getty Images will license part of its video library to Verb for inclusion in Verb’s
forthcoming Tagg Video Store. The Tagg Video Store, accessible from within Verb’s interactive
tagg video applications, is the central component of Verb’s eco-system strategy. This allows
users to select, license, and use a video from among a vast library of professional quality videos,
to which they can then add their own personalized clickable ‘taggs’ right in the videos for
customized interactive sales and marketing initiatives.
Verb’s clickable ‘taggs’ allow viewers to simply click a tagg in the video to purchase a product
or service, access the sender’s calendar to schedule an appointment, download tickets or a
brochure, make a donation, among many other specialized taggs available for users to choose
from in their tagg applications. Adding Verb’s clickable taggs to a video is fun, simple, intuitive,
and fast – it takes less than 3 minutes on any mobile device. The tagg’d videos can then be
shared via email or text messaging or posted directly to popular social media quickly and easily
from mobile devices. The tagg applications automatically notify the sender when the videos were
viewed, how long, how many times, and what was clicked-on, accelerating the sales process,
among many other features and functionality.
While Getty Images and Verb are currently working toward finalizing a definitive agreement,
they have begun working on the technological integration of the Getty Images API into the Verb
platform in advance of Verb’s planned launch of its in-app Tagg Video Store. The API
integration into Tagg Video Store will allow end users to search for and download royalty-free
video content directly into the tagg applications. Verb and Getty Images will share revenue
derived from video purchase proceeds.
“Getty Images is the industry leader and we’re proud to welcome them into the exciting future of
interactive tagg video sales and marketing tools that are creating meaningful value for our clients
and customers,” states Rory J. Cutaia, CEO of Verb. Getty Images will provide enormous value
for users hesitant to get in front of the camera, or those who don’t have the budget to engage a
video production house. Getty Images videos combined with Verb’s innovative technology will
yield content that takes video as we know it to an entirely new level.”