Wishpond Launches Beta Program for SalesCloser AI and Announces Kevin Ho as General Manager of SalesCloser

Wishpond launches Beta Program for SalesCloser, the Company’s AI powered virtual sales agent.
Kevin Ho, Wishpond’s General Manager of Brax and Viral Loops, has been appointed General Manager of SalesCloser AI to lead the future growth of the AI powered sales platform.

Vancouver, BC – February 7, 2024 – Wishpond Technologies Ltd. (TSXV: WISH, OTCQX: WPNDF) (the “Company” or “Wishpond”), a provider of marketing-focused online business solutions, is pleased to announce the beta launch (the “Beta”) of its proprietary AI-powered sales platform, SalesCloser AI (“SalesCloser”), that the Company anticipates will be able to deliver personalized, round-the-clock sales calls and product demos without the need for human intervention. The SalesCloser Beta program is an eagerly anticipated event, with several hundred businesses already signed up for its launch. Wishpond is inviting businesses of all sizes and industries to continue signing up for the program.

Ali Tajskandar, CEO of Wishpond, commented, “We are thrilled to launch the Beta program for SalesCloser, which we believe will be a very exciting product for both new and existing customers. We believe that SalesCloser solves the problem of accelerating sales and scaling businesses of all sizes and industries in a cost-effective manner. It is a constantly learning sales agent that works tirelessly, closing deals 24×7. We are excited with the potential of the platform and eager to see how our partners utilize SalesCloser during this Beta program.”

SalesCloser is an AI-powered sales platform that can work 24×7 to engage leads, close deals, and deliver insights in ten different languages. SalesCloser can be fed a knowledge base to provide custom-fit AI sales presentations tailored to any business and can manage the entire sales process from discovery to close. As a result, the platform is anticipated to allow businesses to reduce hiring costs, automate tasks, and scale to dominate global markets – all with detailed analytics to fuel continuous improvement.

Wishpond plans to adapt SalesCloser for a diverse range of industries such as software/SaaS, professional services, financial services, education, travel & hospitality, insurance, and more. Some other potential uses for SalesCloser include AI products designed to function as sales development representatives, product trainers, customer support agents, product onboarding specialists or customer success representatives.

Wishpond is also pleased to announce that SalesCloser will be led by Wishpond’s General Manager of Brax and Viral Loops, Kevin Ho, who joined Wishpond in 2015 and has since held various senior roles in sales, marketing and customer success. As the General Manager of Brax and Viral Loops, Mr. Ho is responsible for the individual operations of both business units. He also oversaw the implementation of Braxy.io, an AI-powered ads solution. Under Mr. Ho’s guidance and leadership, Wishpond continued to maximize synergies and integration between its product offerings, including with its next generation marketing platform, Propel IQ. Mr. Ho was also previously Wishpond’s Vice President of Sales and Marketing where he was responsible for all aspects of the Company’s growth including lead generation, strategic partnerships and public relations.

To sign up for the SalesCloser Beta Program or for more information, please visit: www.salescloser.ai

Wishpond Technologies Ltd.

Per: “Ali Tajskandar”

Founder, Chairman and Chief Executive Officer

Wishpond Technologies Ltd.

About Wishpond Technologies Ltd.

Based out of Vancouver, British Columbia, Wishpond is a provider of marketing-focused online business solutions. Wishpond is a leading provider of digital marketing solutions that empower entrepreneurs to achieve success online. The Company’s Propel IQ platform offers an “all-in-one” marketing suite that provides companies with marketing, promotion, lead generation, ad management, referral marketing, sales conversion, and outbound sales automation capabilities on one integrated platform. Wishpond replaces disparate marketing solutions with an easy-to-use product, for a fraction of the cost. Wishpond serves over 4,000 customers who are primarily small and medium-sized businesses (SMBs) in a wide variety of industries. The Company has developed cutting-edge marketing technology solutions, including an AI powered website builder, an AI email automation tool, an AI Sales Agent and continues to add new AI enabled features and applications. The Company employs a Software-as-a-Service (SaaS) business model where most of the Company’s revenue is subscription-based recurring revenue which provides excellent revenue predictability and cash flow visibility. Wishpond is listed on the TSX Venture Exchange under the ticker “WISH”, and on the OTCQX Best Market under the ticker “WPNDF”. For further information, visit: www.wishpond.com.

Cautionary & Forward-Looking Statements

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain certain forward-looking information and statements (“forward-looking information”) within the meaning of applicable Canadian securities legislation, that are not based on historical fact, including, without limitation, statements relating to the potential operations and business results of SalesCloser and the appointment of Mr. Kevin Ho as General Manager of SalesCloser, and statements containing the words “believes”, “anticipates”, “plans”, “intends”, “will”, “should”, “expects”, “continue”, “estimate”, “forecasts”, “schedule” and other similar expressions. Readers are cautioned not to place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements. The Company undertakes no obligation to comment analyses, expectations or statements made by third-parties in respect of the Company, its securities, or financial or operating results (as applicable). Although the Company believes that the expectations reflected in forward-looking information in this press release are reasonable, such forward-looking information has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, the risk factors discussed in the public disclosure documents of the Company which such risk factors are incorporated herein by reference and are available through SEDAR+ at www.sedarplus.ca. The forward-looking information contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.

For Further information:

Pardeep S. Sangha

Investor Relations, Wishpond Technologies Ltd.

Email: investor@wishpond.com

Phone: 604-572-6392