The Pulse Network announces merger and increased market presence
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The Pulse Network Inc.
Feb 06, 2017, 09:20 ET
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NORWOOD, Mass., Feb. 6, 2017 /PRNewswire/ -- The Pulse Network, Inc. (TPNI), a digital marketing platform company and GTE Sales Consulting, Inc. (GTE), a New York and London-based consulting organization, announce their merger. StarTrack, Inc. is the name of the newly formed company. This name was chosen to reflect StarTrack's solid commitment to helping companies obtain stellar results and achieve trackable metrics from their investment in training. Together the two companies offer the most comprehensive solution set available to help clients make their sales and marketing strategies work.
GTE is comprised of two separate companies, GTE/US and GTE/Europe. TPNI has completed merger agreements with GTE/Us and signed a letter of intent with GTE/Europe. The European merger is expected to be finalized in early June and will strengthen StarTrack's ability to serve clients in European countries. Combined 2016 revenues for TPNI and GTE, including both US and European operations, exceeds $40 million, making StarTrack one of the largest sales training and consulting firms in the world.
Newly formed StarTrack will also offer services for the legal cannabis industry starting in Massachusetts, Colorado and California. With increased competition in the industry StarTrack will help to differentiate their clients through branding, online awareness and lead generation through existing proprietary programs. StarTrack has also targeted marijuana distributors with proven solutions for: 1) Winning Major Sales Opportunities 2) Managing Enterprise Accounts 3) Managing Sales Territories and 4) Growing Sales through Channels and Alliances.
"Our decision to merge with GTE was based on their strong channel sales expertise and European presence," said Mr. Sabor.
The Pulse Network
The Pulse Network provides a cloud-based platform focused on content marketing and event solutions. The Company helps clients ranging from Fortune 500 companies, to small and mid-size companies, boost awareness, drive lead generation, and enhance client engagement through content marketing, campaign management, and event registration with social and digital backbone.
Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to The Pulse Network, Inc. or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. Any forward-looking statements speak only as of the date on which they are made, and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release. Information on The Pulse Network, Inc.'s website does not constitute a part of this release.
SOURCE The Pulse Network Inc.
