Mr. Mark Quick reports
CONAVI MEDICAL ANNOUNCES MEDIA AND DIGITAL MARKETING AGREEMENTS
Conavi Medical Corp. has entered into media and digital marketing agreements to support increased market awareness of the company.
Media and digital marketing agreements
Conavi Medical has entered into a media service agreement with Market One Media Group. Market One, with offices in Vancouver and Toronto, is a multiplatform media solution for the capital markets operating in editorial, video and digital media. The media message is distributed through broadcast, digital and social media channels, including media platforms such as BNN Bloomberg.
Market One's engagement will be for a term of 12 months. Market One will provide services including editorial and video. The company will pay Market One a fee of $98,000 for the services provided. The company's agreement with Market One is subject to the acceptance of the TSX Venture Exchange.
There are no performance factors contained in the agreement, and Market One will not receive common shares or options as compensation. Further, Market One and the company are unrelated and unaffiliated entities, and, at the time of the agreement, neither Market One, nor any of its principals have an interest, directly or indirectly, in the securities of the corporation.
The company is also entering into a digital marketing service agreement dated as of the date hereof with Winning Media LLC, an arm's-length service provider based in Houston, Tex. Under the terms of the agreement, Winning Media will provide a range of digital marketing services, including programmatic advertising, financial content distribution, influencer outreach, native advertising, podcast placements, e-mail and SMS campaigns, and other on-line marketing initiatives designed to increase market awareness of the company. The agreement is for an initial term of 12 months and is subject to the acceptance of the TSX-V. In consideration for the services, the company will pay Winning Media a total fee of $100,000 (U.S.) over the term of the agreement payable on a monthly basis. No securities will be issued to Winning Media as compensation. Winning Media and its principals are arm's length to the company. Winning Media owns 705,100 common shares of the company.
About Conavi Medical Corp.
Conavi is focused on designing, manufacturing and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its patented Novasight Hybrid platform combines intravascular ultrasound and optical coherence tomography into a single system, enabling simultaneous and co-registered imaging of coronary arteries. Conavi has received U.S. Food and Drug Administration 510(k) clearance for its next-generation hybrid intravascular imaging system, and is advancing preparations for commercialization in the United States.
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