Noting significant declines in foot traffic in U.S. malls, Grey Cloak Tech (OTC: GRCK) recently announced that ecommerce solutions provider ShareRails has successfully implemented O2O (Online-To-Offline) solutions for brick-and-mortar stores and mall operators across the U.S., facilitating over 10 million product searches per month in over 80,000 locations. Most purchases begin with online searches; the software enables brick-and-mortar retailers to increase foot traffic by providing a spreadsheet of product information to automatically make their store’s product inventory searchable and discoverable online to interested shoppers. “In the last 6 months both Facebook and Google launched add products specifically for local retailers. We are certain that 90% of retailers will need ShareRails to help set-up a dynamic product catalogue required to use Facebook and Google’s most effective add products. Our goal over the next 12 months is to onboard as many offline local retailers onto our platform as possible,” says William Bossung, director and cofounder of Grey Cloak.
To view the full press release, visit: http://nnw.fm/mW9MF
About ShareRails and Grey Cloak Tech
Grey Cloak Tech and ShareRails announced the signing of a binding Letter of Intent on September 15th, 2016. The Letter of Intent details the acquisition of ShareRails by Grey Cloak Tech, including obligations and conditions as required by Regulation S-X of the Securities Exchange Act. In addition to the e-commerce tools spearheaded by ShareRails, Grey Cloak offers industry-leading click-fraud detection software. Click fraud, or bot fraud, is projected to cost unsuspecting advertisers approximately $18.5 billion annually. For more information on Grey Cloak, visit http://www.greycloaktech.com
About NetworkNewsBreak
NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW is uniquely positioned to best serve private and public companies who need to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
For more information, visit https://www.networknewswire.com.
Please see full disclaimers on the NetworkNewsWire website: http://nnw.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.net
