Engagement Labs (TSXV:EL) Formerly Parta Dialogue Changes Name, Symbol, Board and Announces Financing - Video News Alert Summary on InvestmentPitch.com
(Thomson Reuters ONE Via Acquire Media NewsEdge)
Vancouver, BC, January 10, 2014 - Engagement Labs Inc. (TSXV:EL) made some
announcements this week that are sure to create some social media buzz. With
Engagement Labs being a leader in social media optimization, they will certainly
be in a position to analyze the resulting social media activities across all
online channels including social media sites, forums, news and blogs.
InvestmentPitch.com has produced a "video news alert" discussing this news. If
this link is not enabled, please visit www.InvestmentPitch.com and enter
"Engagement" in the search box.
Engagement Labs offers a software-as-a-service ("SaaS") integrated suite of
modules, branded #esuite(TM), which measure real-time brand efficiency in
generating engagement on a company's owned and earned social properties, in
areas such as social monitoring, social publishing, social analytics and social
You can be excused if you've never heard of the company, as prior to its
December 30th annual and special shareholders' meeting it was known as Parta
Dialogue Inc. In addition to the name change, the shareholders also approved a
share consolidation of 1 new share for 10 old shares, which leaves the company
with only 7.3 million shares outstanding.
Starting this week with a capitalization of less than $2.2 million, the company
has, arguably, one of the strongest Board of Directors of any company we've seen
listed on the TSX Venture Exchange.
G Scott Paterson, who currently sits on the boards of several TSX and TSX
Venture companies, joined Engagement Labs' board yesterday and will assume the
role of non-Executive Chairman.
Mr. Paterson is no stranger to the venture markets having previously served as
Chairman of the Venture Exchange and Vice Chairman of the Toronto Stock
Exchange. He was previously the Chairman and CEO of Yorkton Securities, where he
led Yorkton to be Canada's leading underwriter of technology, internet, film &
He joins a board of heavy weights, which includes Ed King, currently Chairman of
Caldwell Partners International, and the Former Chairman & CEO of Wood Gundy
Ltd. Mr. King, along with Engagement Labs' other directors, sits on an
impressive number of other boards.
The company has engaged D & D Securities to complete a private placement of
secured convertible debenture units, of between $1 million and $10 million, on a
"best efforts" basis. Mr. Paterson has agreed to subscribe for $500,000 of this
For more information, please visit the company's website www.engagementlabs.com
or contact Paul Allard, President and CEO at 514-831-4245 or by email at
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Barry Morgan, CFO
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Source: InvestmentPitch via GlobeNewswire
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