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Venzee Technologies (TSXV: VENZ) New Listing

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Venzee’s cloud-based platform uses artificial intelligence to automatically turn product information from suppliers and manufacturers into the requirements of retailers, removing an unnecessary and labour-intensive step in their workflow.

Additional Information:

Company: Venzee Technologies
Website: https://venzee.com
Stock Symbol: TSXV: VENZ
Date Published: Jan 8, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Venzee Technologies is the latest new listing on the TSX Venture Exchange, trading under the symbol “VENZ”, having changed its name from Gold Finder Exploration, following a RTO and change of business.

Venzee’s cloud-based platform uses artificial intelligence to automatically turn product information
from suppliers and manufacturers into the requirements of retailers, removing an unnecessary and labour-intensive step in their workflow.

Companies in various countries including global retailers, household brands and up and coming
retailers selling through Shopify and Amazon have signed up to Venzee to automate their processes.

Kate Hiscox, Founder and President, stated: "Venzee is systematically revolutionizing the way e-commerce does business, saving retailers and vendors time and money. From automatic product feeds to content generation, we're constantly innovating technology that gets products online and into the marketplace fast. 2018 is all about growth and we've made some key changes including to our senior sales team. This allows us to put the right talent and expertise into sales leadership."

Kate, a serial entrepreneur and software developer, has worked in e-commerce and supply chain management for over 18 years.

Venzee is Kate’s sixth startup.

Kate first encountered the inefficiency and cost that spreadsheets represent in the retail industry while building and operating two online stores.

This experience led to the concept for Venzee which was quickly validated by vendors, retailers and investors.

In the past six months, Venzee has raised more than CAD$10 million to expand product development, sales and marketing efforts.

The shares are trading at $1.43, and with 62.3 million shares outstanding, the company is capitalized at $89.1 million.

For more information, please visit the company’s website https://venzee.com or contact Joshua Lebovic, CFO, at 1-888-359-9299 ext 521 or email joshua@venzee.com.

Investor relations is handled by Caleb Jefferies at Kin Communications, who can be reached at 604-684-6730 or email VENZ@kincommunications.com.

Arlen Hansen, President and CEO at Kin Communications, added: “At Kin, we understand that each public company has its unique strengths, challenges and business objectives. We're passionate about the Venzee story and the technology they have developed and can be leveraged for retail supply chain management.”

I’m Samantha Deutscher for Investmentpitch Media