FOBIF - Fobi signs new $0.12M PulseIR deal with ParcelPal Logistics

2023-03-16 12:41:00 ET

• Fobi AI ( OTCQB:FOBIF ) has announced that the Co.’s wholly-owned subsidiary, PulseIR, has signed a new deal with courier and logistics company, ParcelPal Logistics.
• PulseIR is a platform as a service and Fobi will generate $0.12M in revenue for the one-year contract and this revenue will be recognized in accordance with IFRS policies over the 12 months of the contract.
• The company’s latest deal with ParcelPal adds another key client to PulseIR’s growing customer list as Fobi continues to scale its automated and mobile IR solutions to more public issuers.
• "This agreement will now enable us to leverage cutting-edge artificial intelligence and mobile wallet technology to provide our valued investors with a next-level communications and investor experience.” said Rich Wheeless, CEO of ParcelPal.

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