RCS - Fadel Partners Inc. - New Contract Wins

Fadel PartnersAnnouncement

25/09/2024 07:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240925:nRSY5109Fa&default-theme=true

RNS Number : 5109F  Fadel Partners Inc.  25 September 2024

25 September 2024

Fadel Partners, Inc.

('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')

New Contract Wins

FADEL, the developer of cloud-based brand compliance and rights and royalty
management software, is pleased to announce three new contract wins across
various industries highlighting the range of go-to-market software
applications and use cases.

The Company has secured deals with L'Oréal US, the American Hospital
Association (AHA), and Wow! Stuff totalling $0.4m. These new deals highlight
the market demand across FADEL's entire portfolio, from licensing to brand
compliance.

L'Oreal US will be using Brand Vision - Content Tracking to monitor 2,500
digital assets monthly across 128 direct-to-consumer brand websites,
e-retailer platforms, and social media channels. This will help maintain brand
compliance by identifying assets requiring takedown, renewal, or replacement
and provide evidence and reporting for internal compliance audits, ensuring
consistency across all digital platforms.

On the licensing side, FADEL has also finalized a deal with the American
Hospital Association (AHA). AHA will use IPM Suite to automate the management
of 200-300 licensees, streamline royalty accounting, and improve operational
efficiency.

Highlighting the momentum of its new SaaS offering, the Company has won a
LicenSee deal with Wow! Stuff, an award-winning, growing licensee focusing on
high-quality, high-tech toys. Wow! Stuff has strategic licensing partnerships
with industry leaders like Disney and Universal, and has selected LicenSee to
transition from manual, spreadsheet-based royalty calculations to FADEL's
fully automated licensing and royalty management SaaS platform.

Tarek Fadel, Chief Executive Officer of FADEL, commented:

"These new contract wins reflect the demand for our licensing compliance
solutions across industries, from healthcare to consumer brands. We're excited
to help clients like L'Oréal, Wow! Stuff, and the AHA unlock greater
efficiency through our technology and services offerings".

 

For further information please contact:

 Tarek Fadel, Chief Executive Officer                                Via Alma

 Ian Flaherty, Chief Financial Officer
 Cavendish Capital Markets Limited (Nomad & Broker)                  Tel: +44(0)20 7220 0500
 Jonny-Franklin Adams, Abigail Kelly, Rory Sale (Corporate Finance)
 Tim Redfern, Sunila De Silva (ECM)
 Alma Strategic Communications                                       Tel: +44(0)20 3405 0205
 Josh Royston, Andy Bryant, Sam Modlin, Robyn Fisher                 fadel@almastrategic.com

 

About FADEL Partners Inc.

FADEL is a developer of cloud-based brand compliance and rights and royalty
management software, working with some of the world's leading licensors and
licensees across media, entertainment, publishing, consumer brands and
hi-tech/gaming companies. The Group combines the power of rights management
and content compliance with sophisticated content services, AI-powered visual
search and image and video recognition.

FADEL has two main solutions, being IPM Suite (for rights and royalty
management for publishing and licensing) and Brand Vision (an integrated
platform for Brand Compliance & Monitoring that includes Digital Asset
Management, Digital Rights Management, AI-Powered Content Tracking, and a
Content Aggregation platform with over 100 million Ready-to-License Images).

The Group's main country of operation is the United States, where it is
headquartered in New York, with further operations in the UK, France, Lebanon,
Jordan and India.

For more information, please visit the Group's website at: www.fadel.com
(http://www.fadel.com/) .

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRABIGDCLBDDGSS