Fobi AI Inc. announced the signing of a Reseller partnership with ShopperBridge. Fobi will generate new line revenue by way of a mutual reseller partnership, whereby ShopperBridge will resell the Qples by Fobi coupon platform to their current and future customers, and Fobi will resell the ShopperBridge media platform to their current and future customers. ShopperBridge provides in-store mobile advertising solutions built specifically to drive new product awareness, amplifying in-store promotions and enhancing coupons.

This powerful digital advertising solution targets consumers in store, in real time and at scale for Tier-1 CPG (Consumer Packaged Goods) brands and retailers. For CPGs ShopperBridge drives measured sales at brick and mortar locations for brands that include 7-Up, Colgate, Clorox, Dove, Rubbermaid and Tyson. For Retailers ShopperBridge drives measured foot traffic to store locations for retailers such as Walmart, Costco, Kroger, Home Depot, 7-Eleven, Petco, Ralphs and Target.

This deal now gives Fobi access to these large brands and retailers both from a platform sales and revenue perspective, as well as from a coupon channel distribution aspect. Success stories relevant to Qples include: 233% Increased redemption of an IRC (Instant Redeemable Coupon) for a major cereal brand at Publix stores Implementation of a mobile coupon at CVS for a women's beauty brand. The combination of Fobi and ShopperBridge elevates the power of media with ads and retargeting online and driving shopper activation in-store with a hyper-focused localized mobile activation capability.

Together it will be able to deliver the right offer, to the right person, at the right time based on their location, online or in-store. This agreement also once again expands the strong value and positioning of Qples and the new 8112 digital universal coupons that are launching shortly. These new digital coupons that can be redeemed on customers' mobile phones are a perfect complement to the ShopperBridge platform both online and in-store.

This partnership provides the next evolution of digital location-based programmatic advertising at scale, combining the power of insights with ROI measurement and attribution. Mobile location and proximity marketing enables improved media activation and makes coupon and voucher clickthroughs more actionable. This deal will also expand the Qples by Fobi distribution network for coupons through the ShopperBridge mobile distribution channels.