$BOMO Acquisition News: INTEGRATING INTERVIEW MAST
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NEW YORK, NY, December 20, 2022 – bowmo™, Inc. (OTC: BOMO), a New York City–based HR-Tech company (“bowmo,” “the Company”), has announced that the Company entered into an asset purchase agreement with Interview Mastery to purchase substantially all of the assets, and certain specified liabilities, that are used in connection with Interview Mastery’s video e-Learning platform used by employers, recruiters, and job seekers to enhance hiring and the job search process through the integration of video e-Learning and artificial intelligence (AI). Interview Mastery was founded by Michael R. Neece in 2001.
The road for this transaction between bowmo and Interview Mastery started almost four years ago, in January 2019, when Michael R. Neece began consulting for bowmo on recruiting and hiring processes.
In July of 2021, Michael R. Neece joined bowmo, Inc. as the Company’s Chief Product Officer to lead Company’s design and development of bowmo 2.0 from vision, to testing, and deployment.
The Company’s Board of Directors and Michael R. Neece began discussing this transaction between bowmo and Interview Mastery in the fall of 2021, envisioning InterviewMastery.com as the key pillar of bowmo’s Vertically Integrated Business Model (VIBM), which includes SaaS, Raas, direct placements, and e-Learning.
On Monday, December 19, 2022, bowmo and Michael R. Neece came to final terms beneficial for both parties, where the Company acquired substantially all of Interview Mastery’s assets, and Michael R. Neece joined the company on a full-time basis, now as the Company’s Chief Product Officer, spokesperson, and Board member.
After the acquisition, current subscribers of InterviewMastery.com will continue to use the multiple video programs to confidently hire the best teams, place more people, and get hired faster. In addition, existing and potential customers of bowmo will be able to enjoy all said benefits of InterviewMastery.com.
Presently, bowmo is in the process of integrating Interview Mastery’s video e-Learning programs into bowmo 2.0 in order to deliver the most appropriate e-Learning modules and experience customized for various user groups, while providing the solutions and skills they need at the right time, throughout the employment lifecycle.
Upon execution of the final Asset Purchase Agreement with Michael R. Neece, Eddie Aizman, CEO and Founder of bowmo, Inc., said: “Integrating Interview Mastery while further automating and enhancing the hiring process from start to finish for everyone involved is the very core of bowmo. Providing the proper e-Learning modules and preparing job seekers, and hiring and talent acquisition teams, from the very beginning of the hiring process aims to benefit all stakeholders in the recruiting chain. We are truly excited to kick off this new chapter together with Michael R. Neece and Interview Mastery to further accelerate the Company’s growth and positioning, as the ultimate HR-Tech platform for job seekers and hiring teams!”
Michael R. Neece, Founder and CEO of Interview Mastery, added in his closing remarks: “Combining the strengths of Interview Mastery with the bowmo recruiting platform will deliver unique and expanded value to users and shareholders. This is an exciting growth period for both companies. We’ve been collaborating for four years and are confident that we are much stronger together.”
News Link: https://bowmo.com/wp-content/uploads/2022/12/...astery.pdf
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