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CloudCommerce Signs Agreement with Starr Insurance Companies

Tuesday, October 15, 2019 — 14:07:26 (EDT)

SAN ANTONIO, Oct. 15, 2019 (GLOBE NEWSWIRE) -- via NetworkWire - CloudCommerce, Inc. (CLWD), a leading provider of audience-driven business intelligence and digital marketing solutions, today announced that it signed an extensive marketing services agreement with Starr Insurance Companies (“Starr”), one of the world’s fastest-growing insurance providers.

Starr is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to businesses around the world. Starr engaged CloudCommerce to help drive incremental sales growth by leveraging digital marketing channels.

This agreement for data, messaging, and digital marketing services will be delivered over the next 12 months. CloudCommerce will leverage core capabilities from its wholly owned subsidiaries, including its creative arm, Giles Design Bureau.

About CloudCommerce

CloudCommerce is a leading provider of audience-driven business intelligence and marketing solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to motivate them to take meaningful action. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for any business activity. With applications, such as marketing, brand perception, customer relationship management, human resources management and operational logistics, SWARM delivers powerful audience-driven business intelligence to convert opportunities into business success.

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements are included in our filings with the Securities and Exchange Commission, including the “Risk Factors” section of our annual report on Form 10-K for the year ended December 31, 2018. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

Press Contact: CloudCommerce, Inc. Tel: (800) 673-0927 communications@cloudcommerce.com

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Source: Company press release.