U.S. Markets open in 4 hrs 29 mins

CAKE's SaaS-Based Marketing Intelligence Platform Continues to Gain Momentum in India's Rapidly Evolving, Mobile-Centric Market

NEWPORT BEACH, CA--(Marketwired - Oct 24, 2017) - Accelerize ( OTCQB : ACLZ ) ( OTCBB : ACLZ ) and its digital marketing software division CAKE today announced that the company continues to gain momentum in India, seeing a 44 percent increase in new clients in the region between 2016 and 2017. With CAKE's Marketing Intelligence platform for multi-channel tracking and attribution, India's top ad networks and ecommerce providers -- including ShopClues.com, Fork Surge, Pointific, AD2Click Media, Profiliad and others -- are equipped with the tools to seamlessly optimize mobile and cookieless campaigns in parallel with all other digital marketing channels.

CAKE operates an office dedicated to clients based in the region to support the growing Indian customer base. Clients rely on CAKE to track more than 10 billion actions -- including impressions, clicks and conversions -- each month. 

According to eMarketer, digital ad spending in India is expected to reach $2.8 billion by 2021. Additionally a June 2017 story in Forbes India, which reviewed findings from the Mary Meeker Internet Trends Report, notes that India has the second largest mobile traffic in the world, and that "80 percent of Internet usage in India happens on smart phones." 

"CAKE's powerful mobile features are especially valuable to this market, as much of India's digital growth can be directly attributed to smart phone usage," said Santi Pierini, CAKE President and Chief Operating Officer of Accelerize. "Our Indian clients rely on the CAKE platform to capture insights about the customer journey so that they can make the best campaign decisions possible, maximize return on ad spend, and in the case of networks, find the most profitable matches between advertisers and affiliates."

In addition to India, CAKE has international clients in over 40 countries worldwide, including the U.K., France, Germany, the Netherlands, Spain, Russia, Poland and many more.

About CAKE by Accelerize

CAKE, a division of Accelerize Inc., provides proprietary cloud-based solutions to collect, attribute and optimize the performance of digital marketing return on investment, in real-time. Bringing clarity to cross-channel marketing campaigns, we empower advertisers, agencies, publishers and networks from more than 40 countries worldwide with the insight to make intelligent marketing decisions. CAKE by Accelerize is headquartered in Newport Beach, Calif. with operations in London and New Delhi. For more information, visit www.getCAKE.com.

About Accelerize

Accelerize Inc. ( OTCQB : ACLZ ) ( OTCBB : ACLZ ) offers marketing technology solutions that revolutionize the way advertisers leverage their digital advertising data. For more information, visit www.accelerize.com.

Use of Forward-looking Statements

This press release may contain forward-looking statements from Accelerize Inc. within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and federal securities laws. For example, when Accelerize describes the growth of its tracked actions per month, the growth of its revenue and customer base in India, the growth of digital ad spending and mobile traffic in India and uses other statements containing the words "believes," "anticipates," "plans," "expects," "will" and similar expressions, Accelerize is using forward-looking statements. These forward-looking statements are based on the current expectations of the management of Accelerize only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: changes in technology and market requirements; our technology may not be validated as we progress further; we may be unable to retain or attract key employees whose knowledge is essential to the development of our products and services; unforeseen market and technological difficulties may develop with our products and services; inability to timely develop and introduce new technologies, products and applications; or, loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of Accelerize to differ materially from those contemplated in such forward-looking statements. Except as otherwise required by law, Accelerize undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting Accelerize, reference is made to Accelerize's reports filed from time to time with the Securities and Exchange Commission.

  • This Is the Average American's Salary. How Does Yours Compare?
    Business
    Motley Fool

    This Is the Average American's Salary. How Does Yours Compare?

    In an age of oversharing, many of us are remarkably tight-lipped when it comes to talking salary. But in reality, knowing where you stand can help you determine whether you're in a good place or whether you should be taking steps to boost your earnings

  • Is This High-Flying Marijuana Stock the Next Tilray?
    Business
    Motley Fool

    Is This High-Flying Marijuana Stock the Next Tilray?

    Since then, Tilray's share price has skyrocketed to well over six times its opening-day level. At one point, Tilray was up a whopping 856% -- in just two months of trading. Now there's another marijuana stock that is beginning to turn heads.

  • Business
    Fox Business

    How much Uber, Lyft drivers really make

    With the rise of the gig economy, many people are turning to ridesharing platforms such as Uber and Lyft to find work. Despite the differences in the platforms, average nationwide earnings for both Uber and Lyft are comparable. A 2015 study by SherpaShare found that an average driver’s gross earnings per trip in New York City was $29.34 for UberX and $28.82 for Lyft, compared with only $11.53 for UberX and $11.36 for Lyft in Los Angeles.

  • Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group
    Business
    Motley Fool

    Better Marijuana Stock: Aurora Cannabis vs. Auxly Cannabis Group

    One is market cap: Aurora's market cap is nearly 18 times bigger than Auxly's. Then there's stock performance. Here's how Aurora Cannabis and Auxly Cannabis Group stack up against each other in the areas that do matter.

  • Read This Before You Sell Your Chinese Tech Stocks
    Business
    Motley Fool

    Read This Before You Sell Your Chinese Tech Stocks

    It's been a tough year for Chinese tech stocks, which were torpedoed by the country's escalating trade war with the U.S. and rising interest rates. Baidu (NASDAQ: BIDU), Alibaba (NYSE: BABA), and Tencent (NASDAQOTH: TCEHY) -- the three high-growth "BAT" stocks, which were often compared to the FANG stocks in the U.S. -- each lost more than 20% of their value over the past 12 months. Investors sitting on those big declines are probably wondering if it's time to sell all their Chinese stocks.

  • Prince Harry and Meghan Markle Arrive in Australia to Start 16-Day Pacific Tour
    News
    Meredith Videos

    Prince Harry and Meghan Markle Arrive in Australia to Start 16-Day Pacific Tour

    A beaming Meghan Markle looked remarkably unfatigued by a 22-hour flight as she walked out of Sydney’s airport with Prince Harry on Monday for a rest day before they officially start a 16-day tour of Australia and the South Pacific.

  • Sears, once a retail titan, files for Chapter 11 bankruptcy
    Business
    Reuters

    Sears, once a retail titan, files for Chapter 11 bankruptcy

    The Chapter 11 filing to reorganize debts of the parent of Sears, Roebuck and Co and Kmart Corp follows a decade of revenue declines, hundreds of store closures, and years of deals by billionaire Chief Executive Officer Eddie Lampert in an attempt to turn around the company he bought in 2004. Lampert had pledged to restore Sears to its glory days, when it owned the tallest building in the world and companies that included a radio station and Allstate insurance.

  • Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'
    Business
    Yahoo Finance

    Here's everyone who has dropped out of Saudi Arabia's 'Davos of the Middle East'

    Prominent members of the world’s business community are dropping out of Saudi Arabia’s Future Investment Initiative, a conference that is widely known as the “Davos of the Middle East,” after the disappearance of journalist Jamal Khashoggi, a columnist at the Washington Post. Turkey has accused Saudi Arabia of sending a large task force to murder him and dismember his body. By Sunday evening, JP Morgan CEO Jamie Dimon had pulled out, along with Ford chair Bill Ford.

  • It’s Official -- These 5 Social Security Changes Are Coming for 2019
    Business
    Motley Fool

    It’s Official -- These 5 Social Security Changes Are Coming for 2019

    For workers, Social Security's maximum taxable earnings are increasing, and more income will be required to earn a Social Security "credit." Beneficiaries who claimed Social Security early and still work will be happy to learn they'll be able to earn more without a benefit reduction in 2019, and for high earners, the maximum possible Social Security benefit is also on the rise. With all of that in mind, here are the recently released details of these five 2019 Social Security changes. As I mentioned, Social Security beneficiaries are getting a 2.8% COLA starting with their January 2019 benefit payment.

  • Better Buy: Aphria Inc. vs. Constellation Brands, Inc.
    Business
    Motley Fool

    Better Buy: Aphria Inc. vs. Constellation Brands, Inc.

    Aphria ranks as one of the top Canadian cannabis growers, a pure-play marijuana stock if there ever was one. Big alcoholic beverage maker Constellation Brands dipped its toes in the water of the cannabis industry last year, buying a 9.9% stake in Canopy Growth (NYSE: CGC).

  • News
    CNBC

    He retired at 34. Here's how many people are enjoying a very early retirement

    Retiring in your 60s and 70s can seem a challenge to pull off. A few early retirees break down how they did it. Retiring comfortably in yours 60s or 70s can seem a high-wire act, so how are some people pulling it off without a wrinkle in their face?

  • Alec Baldwin Urges Voters to 'Overthrow' the Trump Government in Midterm Elections
    News
    Meredith Videos

    Alec Baldwin Urges Voters to 'Overthrow' the Trump Government in Midterm Elections

    Actor Alec Baldwin followed up his latest parody portrayal of President Donald Trump with a serious call Sunday night for voters to use the Nov. 6 midterm elections to peacefully “overthrow” the government.

  • 3 Dividend Stocks That Pay You More Than ExxonMobil Does
    Business
    Motley Fool

    3 Dividend Stocks That Pay You More Than ExxonMobil Does

    It's hard to believe, but not long ago, ExxonMobil was the most valuable company in the world. Below, three Fool.com contributors have highlighted stocks that have even higher payouts: wood pellet producer Enviva Partners (NYSE: EVA), telecom giant Verizon Communications (NYSE: VZ), and REIT Retail Opportunity Investments (NASDAQ: ROIC). Brian Stoffel (Enviva Partners): You've probably never heard of Enviva Partners, but if you're a serious income investor, it should be on your radar.

  • Saudis Vow to Hit Back Against Any Measures Over Khashoggi
    World
    Bloomberg

    Saudis Vow to Hit Back Against Any Measures Over Khashoggi

    Brent crude, the global oil benchmark, earlier this month hit a 4-year high above $85 a barrel. Trump has vowed “severe punishment” should Saudi Arabia be linked to the disappearance of Jamal Khashoggi, who hasn’t been seen since he entered the kingdom’s consulate in Istanbul on Oct. 2 to obtain a document for his upcoming wedding. In an excerpt from an interview with CBS’s “60 Minutes” to be broadcast on Sunday night, Trump said: “It’s being looked at very, very strongly.

  • A Sears liquidation could create some winners and over 100,000 losers
    Business
    MarketWatch

    A Sears liquidation could create some winners and over 100,000 losers

    Sears Holdings Corp.’s seemingly imminent liquidation could create some winners and many losers, according to experts. With major lenders now pressing for liquidation versus reorganization, Sears (SHLD)  could soon be going out of business. The large players in the appliance category, including Lowe’s Cos. (LOW)  , Home Depot Inc. (HD) , and Best Buy Co. Inc. (BBY) , stand to gain shares and scale even if there’s a temporary discounting disruption, according to UBS analysts led by Michael Lasser.

  • Microsoft Earnings: Mark Your Calendar
    Business
    Motley Fool

    Microsoft Earnings: Mark Your Calendar

    Software giant Microsoft (NASDAQ: MSFT) has continued to impress investors in 2018 amid its ongoing progress becoming a more cloud-centric company. Microsoft reports its first-quarter earnings for fiscal 2019 on October 24. Ahead of Microsoft's earnings release, here's an overview of some of the key areas investors will want to watch. Core to Microsoft's momentum recently is the company's rapidly growing commercial-cloud revenue.

  • Netflix, Goldman, and 50 others report earnings — What you need to know in markets for the week ahead
    Business
    Yahoo Finance

    Netflix, Goldman, and 50 others report earnings — What you need to know in markets for the week ahead

    It was a brutal week for investors. The major indexes rallied on Friday with the Dow gaining about 1% and the Nasdaq rising more than 2%, but this move didn’t quite heal the week’s scars as each index fell more than 3%. “After Thursday’s bloodbath, US

  • Better Buy: General Electric Company vs. Boeing
    Business
    Motley Fool

    Better Buy: General Electric Company vs. Boeing

    Boeing (NYSE: BA) and General Electric (NYSE: GE) are two industrial heavyweights that have been moving in opposite directions in recent years. Boeing shares are up 164% during the past three years, while shares of GE are down 52% during the same period. The reasons the stocks have moved the way they have are well-documented: Boeing is benefiting from perhaps the longest-running commercial aircraft order up-cycle in history, while GE has been plagued by its massive debt load and a slowdown in the energy sector.

  • This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning
    Business
    Motley Fool

    This $372 Million Windfall for Aurora Cannabis Could Be Just the Beginning

    Investors have never been more excited about the prospects for marijuana stocks, and many of the best-known first movers in the industry call Canada their home. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) is one of the major companies in the cannabis industry looking to cash in on the impending legalization of recreational marijuana in Canada, and it's put together an impressive set of resources designed to let it take maximum advantage of growing consumer interest in cannabis products. Like most up-and-coming companies, Aurora Cannabis isn't consistently profitable, and the marijuana producer is spending freely to ramp up its production capabilities to stay ahead of competitors.

  • Business
    Benzinga

    Bulls & Bears Of The Week: GE, Netflix, Nike, Twitter And More

    Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included an old-school conglomerate and a social media pair. Bearish calls included an electric car maker and a pharmaceutical firm. Another major hurricane

  • A Google engineer took a 50% pay cut to leave his job and join a startup, and 3 years later, he isn't sorry
    Finance
    Business Insider

    A Google engineer took a 50% pay cut to leave his job and join a startup, and 3 years later, he isn't sorry

    Software engineer Daren Makuck left a high-paying job at Google and took a 50% pay cut to work at a startup called Qwil. An interaction he had with Qwil CEO Johnny Reinsch convinced him it was the right career move. Makuck even refused to increase his salary when the time came, to Reinsch's surprise.

  • Finance
    TheStreet.com

    Jim Cramer Says 'Amazon's Never Been Cheap'

    Jim Cramer held a boot camp for investors Saturday in New York. "One of the biggest themes that we invest on is network effect," said Naomi Shah, an analyst with Union Square Ventures. "Netflix is only focused on the streaming opportunities," he said.

  • 2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?
    Business
    Motley Fool

    2 Hot Marijuana Stocks Listing Soon on U.S. Exchanges -- Are They Buys?

    Two marijuana stocks that are currently listed on Canadian stock exchanges soon plan also to list on U.S. stock exchanges. Aurora Cannabis (NASDAQOTH: ACBFF) (TSX: ACB) expects to trade on the New York Stock Exchange (NYSE) by the end of October and Aleafia Health (NASDAQOTH: ALEAF) should soon trade on the Nasdaq stock exchange. Are these hot marijuana stocks that are coming soon to U.S. stock exchanges smart picks to buy now?

  • Oil prices rise on Saudi tensions; demand outlook drags
    Business
    Reuters

    Oil prices rise on Saudi tensions; demand outlook drags

    Crude oil futures rose on Monday as geopolitical tensions over the disappearance of a prominent Saudi journalist stoked supply worries, though concerns over the long-term demand outlook dragged on prices. Benchmark Brent crude oil (LCOc1) jumped by $1.49 a barrel to a high of $81.92 before slipping to $80.83, up 40 cents, by 0745 GMT. "Growing tensions over the disappearance of journalist Jamal Khashoggi at the Saudi consulate in Istanbul has proved supportive for oil prices," said ING commodities strategist Warren Patterson.

  • If You're Retired, Consider Buying These 3 Stocks
    Business
    Motley Fool

    If You're Retired, Consider Buying These 3 Stocks

    Magellan Midstream Partners, L.P. (NYSE: MMP), PPL Corporation (NYSE: PPL), and ExxonMobil Corporation (NYSE: XOM) are all high yielding dividend payers with long histories of increasing their dividends on a regular basis. Magellan has long been one of the most conservative midstream partnerships, focusing on self-funding as much of its growth as it can to avoid dilutive unit sales -- a model which peer and industry bellwether Enterprise Products Partners L.P. is starting to mimic. This conservative approach, however, doesn't mean the company is skimping on growth.