“An exclusive and worldwide partnership agreement has been entered into that allows AdFlare to use Eva’s artificial intelligence technology to increase revenues across AdFlare’s full publisher networks which has proven to generate profits for both companies. A win for both companies, our clients, their customers, and our shareholders. By moving quickly, constantly innovating, and solving critical marketing-technology problems we are pushing to lead and dominate the AI-driven digital media buying space,” states Dave Boulette, CEO of Eva.
Eva is an Artificial Intelligence-driven digital media buying platform. Beyond programmatic, it is the next generation of digital media buying, with a deeper contextual and predictive understanding of each consumer. Eva AI continually learns, eliminating ad fraud, lag, and error to produce unmatched digital advertising optimization and results.
AdFlare is an industry leader in the specialized online media industry of header bidding, also known as pre-bidding, a technology whereby publishers offer their inventory to multiple ad exchanges, advertisers, and agencies simultaneously, allowing them to place inventory in real-time, driving more consumer conversions for advertisers and revenue for publishers. AdFlare currently boasts over 40 partner networks, 7,500 publishers directing over $110 million in client media spends.*
The partnership agreement advances the due diligence and operation of the Term Sheet, previously announced on February 1, 2022, whereby Eva may acquire 100% of the issued and outstanding shares of AdFlare, including all clients, technology, IP, brands, and revenue in exchange for two million (2,000,000) common shares of Eva.
The Partnership Agreement allows Eva exclusive access to AdFlares full publisher, partnership, and network, full header bidding solutions under a transparent and equal 50/50 revenue split by the Companies.
Since Eva’s inception in 2015, the Company has grown from a start-up in Los Angeles to an international powerhouse of the digital advertising world, covering 192 countries, processing 29 billion US searches per month, and over 11 billion local searches.
Through Eva’s distribution partners and agencies, it currently directly or indirectly serves 40 of Fortune’s top 100 companies, 70 of Advertising Age’s 100 leading national advertisers, and 10,000 local as well as 5,000 national ad agencies as customers. Eva provides advertisers with a single, managed platform to deliver all forms of search, text, display, in-game, audio, and CTV/video ads across all devices and through all channels including Google, Facebook, Amazon, AOL, MSN, and through relationships with thousands of online publishers.
About AdFlare Inc.
AdFlare was established in 2014, and today is based in the UK, USA, and Dubai. A leader in the specialized field of Header Bidding, behind the scenes are digital monetization experts with decades of experience driving exceptional returns for publishers, advertisers, and network partners. With a deep contextual understanding in an array of ad technologies spanning search, display and video across mobile and desktop, we provide solutions to help all publishers drive revenue. A track record of delivering over 1 billion ad impressions a month and increasing AdX over Adsense CPM of over 30% with an average fill-rate of 99.9% in the U.S. market, AdFlare is a leader in the global header bidding market. * For additional information please visit www.adflare.com.
About Eva Live Inc.
Eva is headquartered in Los Angeles, California, USA and is publicly traded on the OTC Markets under the symbol GOAI. You can access additional information about Eva on the Company’s website: www.eva.live.
Contact Us
Emily Ward
Communications Manager
Tel: 1.310.229.5981
Email: emily@shinepr.ca
Forward-Looking Statements
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SOURCE: Eva Live Inc.