Adcore Announces New General Manager for North America

New General Manager Positions Adcore to Accelerate Its North American Growth and Its Relationships with The Local Investment Community

TORONTO, ON / ACCESSWIRE / November 5, 2020 / Adcore Inc. (the "Company" or "Adcore") (TSXV:ADCO)(FSE:ADQ), a leading provider of machine-learning ("ML" and "AI") powered advertising technologies used by digital agencies and advertisers to leverage digital marketing in an effortless and accessible way ("Effortless Advertising"), announced today that it has appointed Mr. Martijn van den Bemd as the new General Manager of Adcore North America.

In his new role, Martijn will oversee Adcore's business development and operations in North America and help continue to grow the region's revenues. Martijn's appointment to the Company's Toronto headquarters is a critical step in Adcore's plan to further develop its relationship with the North American investment community by increasing local presence to better serve the community's needs.

Martijn brings over 14 years of experience to this key role and a proven track record in managing and building digital marketing companies. Martijn was most recently the Managing Director of RIFF APAC, and prior to that he held several management positions at Tribal Internet Marketing.

Martijn van den Bemd, commenting on his new role, added: "It is a great honour to be appointed as General Manager of Adcore North America, especially during such exciting times for the Company, in which Adcore is supporting companies with their digital transformation efforts and adapting to the stay-at-home economy. The passion and commitment that the Adcore team brings to the digital advertising world is inspiring. I'm genuinely thrilled to be growing Adcore's operations in North America and specifically being close to our investors and other stakeholders in Canada."

Omri Brill, Adcore's Chief Executive Officer, commented, "Mr. van den Bemd is an exceptionally enthusiastic and formidable leader. Together with his impressive experience in spearheading global digital marketing operations, he is eager to concentrate his efforts on Adcore's commercial performance in North America. I'm thrilled to have him driving our future growth in the region and fortifying Adcore's relationship with its valued shareholders."

ABOUT ADCORE

Adcore is a leading provider of machine-learning powered advertising technologies used by digital agencies and advertisers to leverage digital marketing in an effortless and accessible way ("Effortless Advertising") with the goal of scaling activity and maximizing ROI.

By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution. In addition to being named numerous times on Deloitte's Fast 50 Technology list, Adcore is a certified Google Premier Partner, Facebook Marketing Partner, Microsoft Partner and TikTok Partner.

Established in 2006, the Company employs over forty people in its headquarters in Tel Aviv, Israel and satellite offices in Melbourne, Australia, Toronto, Canada and Hong Kong, Greater China.

For more information about Adcore, please visit https://www.adcore.com/investors/

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Company. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

For further information please contact:

ADCORE INC.
https://www.adcore.com/investors/

Omri Brill, CEO
Telephone: 647-497-5337
Email: [email protected]

Martijn van den Bemd, GM North America
Telephone: 647-497-5337
Email: [email protected]

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

SOURCE: Adcore Inc.