Superstar Nelly Joins All-Star Lineup at VERB's 3-Day Market Livestream Shopfest

NEWPORT BEACH, Calif. and LEHI, Utah, July 25, 2022 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the leader in interactive video-based sales-enablement applications, including shoppable livestream video, will host Shopfest, a 3-day livestream shopping event taking place July 26, 27 and 28 to mark the launch of MARKET, VERB’s new 24/7 social shopping and livestream commerce platform where shoppers can explore hundreds of livestream shoppable stores, with more added every day.

Today Shopfest announces the addition of NELLY, entrepreneur and superstar rapper who topped the charts with “Dilemma,” “Flap Your Wings,” and “Hot in Herre,” as the latest shoppable store on MARKET and a new participant in Shopfest. Nelly is expected to make a special appearance during Shopfest to address his millions of fans through the hot new livestream shopping site MARKET.live.

Shopfest will be a 3-day social shopping marathon, streamed live on MARKET.live and simulcast on Twitter, YouTube, Facebook Live, and other major social media outlets from studios on the east and west coasts, as well as from other locations all around the country. This fast-paced event will take on a show format featuring emcees based in Los Angeles as well as in New York City, who will direct viewers to one of three simultaneous channels to engage with their favorite vendors, brands, hosts, and influencers.

“We’re thrilled to have Nelly become part of the MARKET ecosystem,” states Rory J. Cutaia, CEO and Founder of Verb. MARKET is so much more than new coolest place to shop, it’s the new place to meet, greet, and engage with your favorite brands, influencers, creators and artists, as well as with other shoppers through a unique, fun shoppable livestream experience. We expect to see many more smart, forward-thinking artists like Nelly drawn to the MARKET experience.”

For the best Shopfest experience, interested shoppers should RSVP at shopfest.market.live for up-to-the-minute inside information about the event, early access to the daily schedule of presentations, and to be registered for giveaways and festival prizes, including a chance to win a $500 shopping spree.

The Shopfest 3-day festival will feature an impressive lineup of some of America's hottest brands set to participate. The current lineup of brands and vendors expected to be featured in Shopfest include:

Brands and content creators interested in participating in Shopfest can register and learn more at https://shopfest.market.live/.

About VERB

Verb Technology Company, Inc. (Nasdaq: VERB), the market leader in interactive video-based sales applications, transforms how businesses attract and engage customers. The Company's Software-as-a-Service, or SaaS, platform is based on its proprietary interactive video technology and is comprised of a suite of sales enablement business software products offered on a subscription basis. Its software applications are used by hundreds of thousands of people in over 100 countries and in more than 48 languages. VERB's clients include large sales-based enterprises as well as small business sales teams, including the sales and marketing departments of professional sports teams. Of special note is its new MARKET.live platform, a 24/7, multi-vendor, livestream shopping platform designed to host simultaneous livestream shopping sessions by consumer brands, big-box stores, boutiques, celebrities, content creators, and influencers selling products and services across numerous categories at the forefront of the convergence of ecommerce and entertainment. With approximately 170 employees, the Company is headquartered in Lehi, Utah, and also maintains offices in Newport Beach, California.

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FORWARD-LOOKING STATEMENTS
This communication contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties and include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain words such as "anticipate," "expect," "project," "plan," or words or phrases with similar meaning. Forward-looking statements contained in this press release relate to, among other things, the Company's projected financial performance and operating results, including its MARKET.live platform and SHOPFEST events, as well as statements regarding the Company's progress towards achieving its strategic objectives, including the successful integration and future performance of acquisitions. Forward-looking statements are based on current expectations, forecasts and assumptions that involve risks and uncertainties, including, but not limited to the COVID-19 pandemic and related public health measures on our business, customers, markets and the worldwide economy; our plans to attract new customers, retain existing customers and increase our annual revenue; the development and delivery of new products, including verbLIVE; our plans and expectations regarding software-as-a-service offerings; our ability to execute on, integrate, and realize the benefits of any acquisitions; fluctuations in our quarterly results of operations and other operating measures; increasing competition; general economic, market and business conditions. If any of these risks or uncertainties materialize, or if any of our assumptions prove incorrect, our actual results could differ materially from the results expressed or implied by these forward-looking statements. Investors are referred to our filings with the Securities and Exchange Commission, including our Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.

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