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Locafy Limited Announces Operations Update June 2022Key Highlights
PERTH, AUSTRALIA, June 21, 2022 (GLOBE NEWSWIRE) -- Locafy Limited (NASDAQ: LCFY, LCFYW) (“Locafy” or “the Company”) today provides an operations update for the month of May. “In the last few months, we have seen some significant updates by one of the largest search engine providers globally, the latest being in May,” said Locafy CEO Gavin Burnett. Pleasingly our patented platform has not only quickly adapted to these changes but lifted overall customer ranking results. We’re now seeing in all the global markets that we operate in, our customers appear on the crucial Page 1 of search results over 60% of the time, with more than 43% in Top 3 positions. While we are one of the few search engine optimization (SEO) companies globally to publicly publish our customer outcomes, we believe these results are at the high end of the $700 billion optimization sector,” said Mr Burnett. Locafy customers globally had their websites updated in minutes as search engines shifted their focus. “When changes occur, we are able to adapt and upgrade our entire client base’s published landing page solutions centrally, rather than individually updating each one,” said Mr Burnett. “Our clients are busy businesses who care about outcomes rather than being taken through a laborious manual process.” Locafy grew its reseller base by more than 20% from April to the end of May, to reah 125 global resellers. Growth in resellers is a key endorsement in Locafy’s cost-effective and patented technology as many are selling the product across their existing client relationships. About Locafy Limited Founded in 2009, Locafy’s (NASDAQ: LCFY, LCFYW) mission is to revolutionize the US$700 billion SEO sector. We help businesses and brands increase search engine relevance and prominence in a specific proximity using a fast, easy, and automated approach. Safe Harbor Statement This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “subject to”, “believe,” “anticipate,” “plan,” “expect,” “intend,” “estimate,” “project,” “may,” “will,” “should,” “would,” “could,” “can,” the negatives thereof, variations thereon and similar expressions, or by discussions of strategy, although not all forward-looking statements contain these words. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements. Contacts
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