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From digital asset management to sales enablement, FISION equips your marketing and sales teams with a full suite of enablement capabilities built to solve your distributed marketing challenges.
MINNEAPOLIS, MN – October 2, 2018 –FISION Corporation (OTCQB: FSSN), a leading sales enablement platform, has been named the #1 software company in Minnesota by Twin Cities Business (TBC) magazine. FISION is the category winner in the publlication’s 2018 Best of Business Reader’s Choice Awards.
According to Adam Platt, executive editor at Twin Cities Business magazine: “Sales and marketing co-workers often don’t speak the same language or take advantage of each other’s capabilities. FISION Corp. in Minneapolis seeks to simplify matters and bring sales and marketing together with cloud-based software for managing and tailoring businesses’ collateral and communications.”
Founded in 2011, FISION now has more than 65,000 users across 21 countries who benefit from more effective collaborations between these two essential disciplines. Some of the company’s Fortune 500 customer base is located in Minnapolis. Last year, the company acquired Minneapolis-based Volerro Corp., adding workgroup content creation capabilities to its platform. In August, it announced plans to merge with Continuity Logic, a leading provider of cloud-based business continuity and risk management solutions.
FISION offers digital asset management, marketing automation, and other sales tools for large companies in health care, hospitality, financial, insurance, software, and technology. It empowers distributed sales teams and local marketers to qu
ickly and easily customize and distribute timely, relevant, multi-channel campaigns without sacrificing brand or legal compliance.
“Workplace decisions have consequences,” noted Platt in the article announcing thewinners.”Deploying your company’s resources requires due diligence—but you can’t rely on online comments (as you do when picking a restaurant) nor your competitor’s opinions. That’s where Best of Business comes in.”
For this year’s winner’s, TCB surveyed its more than 70,000 month readers, asking top executives and decision-makers, which comprise three-quarters of its readership, for vendor recommendations in common business service categories. The results included businesses big and small, “primed to serve companies of all sizes and budgets.”
According to FISION CEO, Mike Brown: “Essential to providing the very best in sales enablement and agile marketing software solutions is our ability to provide an incredible user experience for our customers. We’re very proud of this award and the recongization it brings, as it reflects our success in this endeavor with the business owners and decision makers who know us the best.”
FISION provides the complete digital asset solution, from brand-compliant ideation and creation, to distribution and sales enablement. “Our solution goes beyond traditional sales automatization,” explained Brown, “creating a true agile marketing solution that fully enables our clients to win in the marketplace.”
Several large enterprises from a range of industries have adopted FISION, including a national financial services company, a global provider of aerospace and building systems, a top provider of online higher education, and an operator of the world’s largest business network. Even a Super Bowl-winning National Football League team is now a customer.
Earlier this year, FISION was awarded it second U.S. patent that protect the proprietary systems and methods-of-use surrounding its digital asset management technology. The patents validate the exceptional level of innovation and capability represented in the FISION platform, as well as the unique value proposition its offers enterprise customers and channel partners worldwide.
About Twin Cities Business
Twin Cities Business is Minnesota’s leading provider of business news, insight, and analysis through daily online news stories, e-newsletters, a monthly print magazine and live events. Along with our readers, we get to know the personalities of our region’s most influential leaders, exploring the “how” behind their success, strategies, and solutions. We discuss today’s most pressing issues, examine trends and outlooks, and provide the context, perspective, and information leaders have come to depend upon. For more information, visit www.tcbmag.com.
About FISION Corporation
Founded in 2011, Minneapolis-based FISION is a leading, global provider of agile marketing software that simplifies collaboration across global organizations, and more effectively manages brand and marketing content. FISION’s patented technology, allows marketing and sales teams to work better together by enabling them to more quickly and easily create, distribute and measure the performance of compelling, localized, on-brand communications. FISION brings unrivaled capabilities to clients across more than 20 countries, which include some of the world’s largest corporations in healthcare, hospitality, financial/insurance, software, and technology.
Volerro Corporation, a wholly owned subsidiary of FISION, provides a SaaS platform that simplifies how enterprise teams create, refine and distribute content. By streamlining content production and team coordination, its cloud-based collaboration service eliminates “content chaos” among product, brand, marketing, and creative teams. Volerro’s ReVu.Me cloud app allows team members to work on the same document in real-time with integrated chat and voice conferencing. For more information, visit www.volerro.com.
For additional information, call 1-866-378-2506 or visit www.fisiononline.com
No matter the size of your company, we understand how crucial strengthening the bond between distributed sales and marketing can be for your bottom line. Our sales enablement software is here to help you strike that balance, For Good.
MINNEAPOLIS – January 30, 2018 – FISION Corporation (OTCQB: FSSN) has deployed its cloud-based digital asset management and agile marketing solution for the subsidiary of a Fortune 50 global provider of aerospace and building systems.
“With its more than 50,000 employees serving customers in nearly every country around the globe, this customer turned to FISION to improve their localized communications, increase sales process efficiency and better maintain brand compliance across its business units,” said FISION CEO Mike Brown. “Given the distributed global nature of their organization, the ability of FISION to easily facilitate localization of collateral materials and communications, while also ensuring legal and brand compliance, is a key benefit to their deployment.”
By having sales and marketing communications centralized on the FISION SaaS platform, the company is now able to solve major pain points and realize numerous benefits:
“As a large subsidiary of a Fortune 50 company with more than $50 billion in sales, this customer also presents a phenomenal ‘land and expand’ opportunity for FISION,” added Brown. “We now have a strong foundation to expand the adoption of FISON to its other global divisions that are collectively three times the size.”
FISION was introduced to the new customer through its recently announced channel partner, iris Chicago, which offers major brands a unique range of creative and strategic disciplines, including advertising, digital, retail, social, PR, management consultancy, branded content and CRM.
“Since bringing us this major customer, iris has become one of our key channel partners, introducing us to several potential major enterprise customers that are currently at various stages of engagement,” said Brown. “Our partnership with iris provides us with additional global reach, breadth of skill sets, people and technology, which we expect to contribute significantly to our growth in 2018.”
FISION’s new customer joins the ranks of several other large enterprise companies from a range of industries that have deployed the FISION platform, including a national financial services company, a top provider of online higher education, and an operator of the world’s largest business network.
About FISION Corporation
Founded in 2011, Minneapolis-based FISION is the nation’s leading provider of agile marketing software that simplifies collaboration across global organizations, and more effectively manages brand and marketing content. FISION allows marketing and sales teams to work better together by enabling them to more quickly and easily create, distribute and measure the performance of compelling, localized, on-brand communications. FISION’s patented technology brings unrivaled capabilities to clients across more than 20 countries, which includes some of the world’s largest corporations in healthcare, hospitality, financial/insurance, software, and technology.
Volerro Corporation, a wholly owned subsidiary of FISION, provides a SaaS platform that simplifies how enterprise teams create, refine and distribute content. By streamlining content production and team coordination, its cloud-based collaboration service eliminates “content chaos” among product, brand, marketing, and creative teams. Volerro’s ReVu.Me cloud app allows team members to work on the same document in real-time with integrated chat and voice conferencing. For more information, visit www.volerro.com.
For additional information, call 1-866-378-2506 or visit www.fisiononline.com
To receive future press releases via email, sign up at www.fisiononline.com/ir/email-alerts
Follow FISION on Twitter @fisiononline or on Facebook.
For answers to frequently asked questions, see visit FISION’s FAQ page: www.fisiononline.com/ir/faq/
Important Cautions Regarding Forward-looking Statements
Any statements contained in this press release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to FISION Corporation or (the “Parties”) are intended to identify such forward-looking statements. The Parties undertake no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect future financial results are discussed more fully in the Parties’ respective filings with the U.S. Securities and Exchange Commission (“SEC”), including the their most recent Annual Report on filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
Company Contact:
FISION Corporation
(612) 927-3620
Media Relations:
(800) 992-6299
contact@trendlogicpr.com
Investor Relations:
Ron Both, CMA
(949) 432-7557
FSSN@cma.team
So Uniquely Powerful, its Patented
Strengthening Fundamentals
FISION is ending 2017 with more than 65,000 users across 21 countries, servicing enterprise clients in the healthcare, hospitality, financial/insurance, software and technology industries.
The company’s annualized recurring revenue under contract doubled year-over-year as of January 2018. Recurring revenue now represents more than 70% of its overall revenue, with the one-time setup fees representing the balance.
Gross margins expanded to 82% during the course of the year. FISION’s cloud-based SaaS revenue model is inherently scalable, with low capex requirements that provide strong leverage in its model. Along with a number of major engagements that are entering full deployment, the company expects these healthy margins to support positive cash-flow in the latter half of 2018.
“While our growth is still in the early stages, the foundation we’ve established as a small, Minneapolis-based company in terms of our marquee global customers, industry partners, and patented, award-winning technology is truly phenomenal by any measure,” said Brown. “We are well on course for strong, profitable growth.”
The Year Ahead
Company management anticipates the customer deployments currently underway will keep FISION on track to realize significant gains in recurring revenue in the first quarter of 2018. They see this momentum continuing to build throughout the year as new customers come online, and existing customers expand their deployments of FISION and our new Volerro offerings.
“When I reflect on how far we have come over the last year, and how much further we will go in the next, I couldn’t be more excited and optimistic,” said Brown. “Now that we have successfully transitioned to winning large enterprise customers, we are seeing unprecedented opportunity on a global scale.
“Our active sales pipeline is approaching nearly $16 million in total contract value. Given how we have several major deals in the later stages of contracting, we’re confident we will close a significant portion of this pipeline in 2018. As our momentum continues to build, we see the pipeline being replenished and expanding with new major enterprise prospects as well as intra-customer expansion opportunities.”
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