Zonetail Forges an Integration and Strategic Partnership with MRI Software
The agreement enables MRI clients to better connect with residents and extends the reach of Zonetail's Residential Mobile Platform in the North American multifamily market
Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) ("Zonetail" or the "Company") is pleased to announce an integration and strategic partnership agreement with MRI Software ("MRI"), a global leader in real estate solutions. The integration will enable MRI Living clients to efficiently leverage Zonetail's residential mobile platform to connect people with products, amenities, and services in their community.
"The agreement with MRI represents a major milestone for Zonetail," said Mark Holmes, President and CEO of Zonetail. "By becoming a member of the MRI Partner Connect program, we will significantly increase our addressable market across North America, creating new opportunities for growth."
The integration will help MRI clients improve communication and resident engagement in a cost-effective manner. Through Zonetail's mobile platform, residents can access building amenities and services, interact with property management, and create and track maintenance requests. In addition, the 'Zonetail Home' platform connects building residents with neighboring services and businesses, such as home services, grocery, food delivery, local retail, restaurants, entertainment, and much more through its marketplace.
"Our partnership with Zonetail enhances MRI's offering to clients that want to improve their resident engagement and work more efficiently in the process," said Sean Slack, Vice President of Partnerships at MRI. "Zonetail's mobile platform and unique marketplace, which includes the businesses and services in the local community, will be a valuable tool for property managers."
"The partnership with MRI provides a huge opportunity for Zonetail to expand its addressable North American market in both new user acquisition and new revenue. When you couple the existing revenue streams from Zonetail's marketplace, the upcoming payment processing, and the potential revenue from the agreement with MRI, the building blocks are certainly in place for large and sustainable growth," said Brian Davies, EVP Sales, Zonetail.
MRI's clients include prominent multifamily property firms in North America, including nearly 90 percent of the top 50 apartment managers and all ten of the top ten property managers on the 2022 NMHC 50 list.
Zonetail Inc. (TSXV: ZONE) (OTCQB: ZTLLF) is a mobile platform and market network. Our Mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Our Vision is to build a critical mass of users in the hard-to-reach, high rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. We are the search engine to optimize your home. Zonetail is partnered with Yardi, Shiftsuite and now MRI Software which together account for an estimated 50 million households across North America.
Please visit https://www.zonetail.com.
For more information, please contact:
President and CEO
Telephone: (416) 994-5399
Legal Disclaimer and Forward-Looking Statements
This press release contains forward-looking statements that relate to Zonetail's current expectations and views of future events. In some cases, these forward-looking statements can be identified by words or phrases such as "may", "will", "expect", "anticipate", "aim", "estimate", "intend", "plan", "seek", "believe", "potential", "continue", "is/are likely to" or the negative of these terms, or other similar expressions intended to identify forward-looking statements. Certain matters discussed in this announcement contain statements, estimates and projections about the growth of Zonetail's business, potential distribution partnerships and/or clients, and related business strategy. Such statements, estimates and projections may constitute forward-looking statements within the meaning of the federal securities laws. Factors or events that could cause our actual results to differ may emerge from time-to-time. Zonetail undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The recipient of this information is cautioned not to place undue reliance on forward-looking statements. Forward-looking statements are based on certain assumptions and analysis made by Zonetail in light of its experience and perception of historical trends, current conditions and expected future developments and other factors Zonetail believes are appropriate and are subject to risks and uncertainties. Although Zonetail believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, prospective purchasers should not place undue reliance on these forward-looking statements.
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