VANCOUVER, BC – May 2, 2017 – ZoomAway Travel Inc. (TSX VENTURE: ZMA) FRANKFURT:4ZO) (the “Company”) www.zoomawaytravelinc.com, announced today that its wholly owned Nevada subsidiary, ZoomAway, Inc. (“ZoomAway”) has entered into a Reseller Agreement with Zero8 Studios, Inc. (Zero8) to develop and market gaming products. The terms of the five-year agreement provide for exclusive, worldwide reseller rights and revenue sharing based on an initial 70%/30% adjusted net revenues. ZoomAway will undertake the sales and marketing activities associated with the Zero8 social gaming platform, SpinRUSH™ and their customer acquisition and retention system, Promotional Entertainment System (PES).
“We are elated to create a partnership between ZoomAway and Zero8. This agreement opens many doors for both parties from sales, to marketing and technology. It creates an enormous opportunity that we expect to be mutually beneficial as we work together to develop gamified, white-labeled products focused on the traditional and millennial audience, while growing an ever-expanding suite of products and games that everyone can enjoy,” said Ryan Cullins, CEO of Zero8 Studios, Inc.
ZoomAway and Zero8 both offer “White Label” technology platforms to clients that span the Hotel, Casino, Resort, and activities industries, and the partnership looks to the significant growth opportunities in the crossover between the multibillion-dollar Hospitality and, the emerging, Social Gaming industry.
Both companies understand that clients are looking for direct branding and interaction with customers. Their applications offer seamless integration into existing corporate on-line systems, all while maintaining brand continuity, and offering businesses greater control over their customers’ experience and increasing the client’s revenue streams.
“By combining the sales and marketing of White Label Booking and Packaging Platform with White Label Social and Interactive Gaming, ZoomAway and Zero8 will deliver technology solutions and product suite to their customers that are entertaining in the booking process, skill based and provide social connectivity. We believe that this will deliver to the traditional and millennial customer a significantly enhanced purchase experience,” said Sean Schaffer, CEO of ZoomAway Travel Inc.
About the Zero8 Products
“SpinRUSH®”
A one-of-a-kind, skill-based, millennial centric, social platform that enables casinos, resorts, or any property and business, to have a unique, white-labeled and branded mobile gaming solution in a virtual free-to-play casino & arcade completely outside of regulated gaming space. The SpinRUSH™ platform includes in-game property advertising, branding, integration with property promotions, and connection with the user’s social network identities, as well as a virtual world-wide presence. SpinRUSH™ is monetized via standardized in-game virtual currency system with virtual credits. SpinRUSH™ is designed for the players of tomorrow and today.
“Promotional Entertainment System (PES)”
A large screen kiosk multi-touch interactive display driven by multiple synchronized computing devices which allow players to engage in a “gamified”, non-gambling promotional experience, where they can obtain awards by collecting virtual items from anywhere on compatible properties. PES is designed to replace archaic kiosk ticket systems and appeal to the social gaming market, complete with leveling systems, character upgrades, tournament entries, and a chance to win big prizes, all while maintaining a simple game flow that anyone can enjoy.
NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES FOR IMMEDIATE RELEASE IN CANADA
Or for additional information contact: Sandra Buschau, Corporate Secretary, ZoomAway Inc., at 775-691-8860
About Us
ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real-time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.
Zero8 Studios, based in Reno, Nevada, specializes in new and innovative game development and digital media solutions. With a focus on social gaming via their SpinRUSH™ Platform and Promotional Entertainment System (PES), these products create a seamlessly integrated social gaming experience for businesses on or off the property. With over a decade of experience and countless game titles, promotions, and apps, the Zero8 Studios’ team has assisted dozens of AAA publishers, developers, manufacturers and casinos in the design, production, and delivery of their games to players around the world. Additional information can be found at www.zero8studios.com.
Forward-Looking Statements
This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.
