LCFY - Locafy acquires Citation Boost Technology

2023-07-05 13:41:56 ET

• Locafy ( NASDAQ: LCFY ) has exercised an option from the August 2022 acquisition of Jimmy Kelley Digital to acquire additional SEO technology.
• Citation Boost technologies will work in parallel with Locafy’s existing software suite to increase the online prominence of “local citations,” which are typically found as directory listings.
• Locafy’s Citation Boost and Local Pages solutions are progressing through trials with existing partners, so far displaying what the Company believes to be excellent results. Locafy expects to make this solution more widely available by the end of the 2023 September quarter, or Locafy’s fiscal Q1 2024.
• LCFY is +5.9% to $6.698
• Source: Press Release

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