VERB’s commitment to ESG excellence in the Nasdaq case

NEWPORT BEACH, Calif. and SALT LAKE CITY, Jan. 25, 2022 (GLOBE NEWSWIRE) — Verb Technology Company, Inc. (Nasdaq: VERB) (“VERB” or the “Company”)the leading provider of interactive, video-based sales-enablement applications, including livestream eCommerce and shoppable interactive video, webinar, CRM and marketing applications for businesses and entrepreneurs, today announced that the company has participated in a Nasdaq Environmental, Social , and Governance (ESG) case study highlighting VERB’s efforts and achievements in evaluating and implementing ESG programs, particularly in relation to gender representation.

Nasdaq recently published a case study on VERB’s ESG program and the company’s use of the Nasdaq OneReport. The case study, found here, underscores VERB’s commitment to becoming a leader in ESG initiatives among small-cap companies. Because VERB is a software company, many of the issues companies in other sectors might face when implementing ESG do not apply to VERB, requiring the company to identify ESG initiatives that are relevant and applicable to its business. Using Nasdaq OneReport’s ESG framework, assessment questionnaire and other platform tools, VERB was able to effectively analyze data that helped it identify how it could improve gender equality across its organization. Nasdaq’s One Report also helped VERB plan and implement best practices, including the promotion of women to leadership and non-executive positions.

“Even as a smaller technology company, we have never lost sight of our greater ethical and social responsibilities to our employees and the communities in which we operate,” said Denise Butler, VERB’s Chief Operating Officer. “As a result, we have embraced ESG and aligned our initiatives with our corporate values. Nasdaq OneReport helped us tackle what we initially thought was a daunting task of ESG reporting by facilitating our analysis and helping us understand how to view and systematically approach sensitive issues. As part of our ESG initiatives, we have also increased our projects with various charities to give back to our communities through our Verb for Humanity program.”

“ESG is not purely a large-cap company – and we are pleased to see VERB becoming a leader among small and micro-cap companies in implementing ESG,” said Randall Hopkins, vice president, Nasdaq. “We are excited to support VERB through our Nasdaq OneReport platform, which aims to make it easier for companies of all sizes to realize and implement their core values ​​through ESG, by providing them with an efficient way to assess their data and think about solutions social and Governance issues that matter to them.”

About CONB

Verb Technology Company, Inc. (Nasdaq: VERB), the leader in interactive video-based sales applications, is changing the way businesses attract and retain customers. The Company’s software-as-a-service, or SaaS, platform is powered by its proprietary interactive video technology and consists of a suite of business enablement software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 60 countries and in more than 48 languages. VERB’s customers include both large distributors and small business sales teams, including the sales and marketing departments of professional sports teams. Of note is the upcoming MARKET, a multi-vendor, multi-presenter and livestream social shopping platform at the forefront of the convergence of e-commerce and entertainment. The company, which employs approximately 200 people, is headquartered in American Fork, Utah, with additional offices in Newport Beach, California.

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This release contains “forward-looking statements” as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statements that predict, predict, indicate or imply future results, performance or achievements and may include words such as “anticipate”, “expect”, “project”, “plan” or contain words or phrases of similar meaning. The forward-looking statements contained in this press release relate to, among other things, the Company’s projected financial and operating results, including recurring SaaS revenues, and statements regarding the Company’s progress toward achieving its strategic objectives, including the successful integration and future execution of acquisitions . Forward-looking statements are based on current expectations, projections and assumptions that involve risks and uncertainties, including but not limited to the COVID-19 pandemic and related public health measures, with respect to our business, customers, markets and the global economy; our plans to attract new customers, retain existing customers and grow our annual sales; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to complete, integrate and realize the benefits of acquisitions; fluctuations in our quarterly operating results and other operating measures; increasing competition; general economic, market and business conditions. If any of these risks or uncertainties materializes, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. Investors are referred to our filings with the Securities and Exchange Commission, including our annual reports on Form 10-K and quarterly reports on Form 10-Q, for additional information about the risks and uncertainties that could cause actual results to be material differ from those indicated in each forward-looking statement. All forward-looking statements in this press release are based on information available to us as of the date of this release, and we undertake no obligation to update the forward-looking statements provided to reflect events or circumstances after the date they were made, unless not required by law.

Investor Relations:
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Media contact:
855.250.2300, extension 107
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