Logiq Sets First Quarter 2021 Earnings Conference Call for Monday, May 17, 2021 at 1:00 p.m. ET

| Press Release
Logiq Sets First Quarter 2021 Earnings Conference Call for Monday, May 17, 2021 at 1:00 p.m. ET

NEW YORK, May 07, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, will hold a conference call on Monday, May 17, 2021 at 1:00 p.m. Eastern time to discuss results for the first quarter ended March 31, 2021. The financial results will be issued in a press release prior to the call.

Logiq management will host the call, followed by a question-and-answer period.

Date: Monday, May 17, 2021

Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

Toll-free dial-in number: 1-866-548-4713

International dial-in number: 1-323-794-2093

Conference ID: 5852958

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 4:00 p.m. Eastern time on the same day through Monday, May 31, 2021, as well as available for replay via the Investors section of the Logiq website at

www.logiq.com/ir

.

Toll-free replay number: 1-844-512-2921

International replay number: 1-412-317-6671

Replay ID: 5852958


About Logiq




Logiq, Inc.


(OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s


PayLogiq


™ offers mobile payments, and


GoLogiq


™ offers hyper-local food delivery services.

For more information about Logiq, go to


Logiq.com


.


Company Contact


Brent Suen, President

Logiq, Inc.


Email contact


Media & Investor Contact


Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566


Email contact




Primary Logo


Logiq Receives Conditional Approval to List on the NEO Exchange

| Press Release
Logiq Receives Conditional Approval to List on the NEO Exchange

NEW YORK, April 06, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has received Conditional Approval to list its common stock on the NEO Exchange (NEO) in Canada in connection with its previously announced proposed initial public offering. Final Approval is subject to Logiq fulfilling all remaining conditions and listing requirements.

Upon completion, Logiq’s common stock will be listed on a senior Canadian exchange enabling increased exposure to retail and institutional investors. Logiq’s common stock will continue to trade in the U.S. on the OTCQX market.

“This conditional approval confirms we are moving closer to our listing on the NEO,” stated Brent Suen, executive chairman and president of Logiq. “As a Tier 1 Canadian exchange, NEO exemplifies how state-of-the-art exchange trading technology can help increase investor confidence and visibility, improve liquidity, and elevate our company’s global profile.”

Since January of last year, Logiq acquired three leading eCommerce platforms and expanded its global presence. Its product offerings now extend from mobile commerce and fintech solutions for small-to-medium-sized businesses (SMBs) to AI-powered customer acquisition for major enterprises and brands.

Logiq’s customer relationships now range from hundreds of thousands of SMBs around the world to publicly traded Fortune 1000 companies. Among the company’s notable customers are QuinStreet (a marketing technology company), Purple (the creator of the renowned Purple mattress) and Sunrun (a solar company).

Logiq recently engaged Toronto-based Mackie Research Capital Corporation, one of Canada’s largest and long-established independent full-service investment firms, as its Canadian capital markets advisor.

There can be no assurance that Logiq will satisfy all remaining applicable requirements for listing its common shares on NEO, that its application for listing will be approved or that a receipt for its final prospectus will be issued.

About Logiq
Logiq, Inc.
(OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services.

For more information about Logiq, go to Logiq.com.

Forward-Looking Disclaimer
This press release contains certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This news release also contains forward‐looking statements and forward‐looking information within the meaning of Canadian securities legislation that relate to Logiq’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward‐looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward‐looking statements. No assurance can be given that these expectations will prove to be correct and such forward‐looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward‐looking statements regarding Logiq’s proposed NEO listing and its initial public offering of Units.

Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Logiq’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the failure to complete the initial public offering, the failure to receive final approval from NEO, the impact and progression of the COVID‐19 pandemic and other factors set forth under “Forward‐Looking Statements” and “Risk Factors” in the Preliminary Prospectus, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. Logiq undertakes no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Logiq to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward‐looking statement. Any forward‐looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.


Company Contact

Brent Suen, President
Logiq, Inc.
Email contact

Media & Investor Contact
Ronald Both or Grant Stude
CMA Investor & Media Relations
Tel (949) 432-7566
Email contact


Primary Logo

Logiq Reports 2020 Revenue up 9.4% to $37.9 Million

| Press Release

New York, NY – March 30, 2021 – Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, reported results for the fourth quarter and full year ended December 31, 2020. All quarterly and yearly comparisons are to the same year-ago period unless otherwise noted.

Financial Highlights

Q4 2020 Operational Highlights

Management Commentary

“Despite the impact of the pandemic on our AppLogiq business, we increased revenue by 9.4% to $37.9 million in 2020 thanks to our new DataLogiq subsidiary that we acquired at the start of the year,” commented company president, Brent Suen. “Consolidated gross profit for the full year also increased 2.0% to $6.4 million or 16.8% of consolidated revenue. Most remarkably, we saw gross margins for our AppLogiq business improve despite the pandemic, from 11.8% in Q2 to 12.4% in Q3, and then to 25.6% in Q4. This was the result of eliminating low margin, white label partnerships that were impacted by the pandemic, and turning our focus on the most profitable segments we serve with this mobile app business enablement platform.

“While the margin improvement is encouraging, we are actually more excited about our future margin prospects, particularly for our e-commerce business of DataLogiq and our recent strategic acquisitions. Over the past year, we have acquired three leading e-Commerce platforms as we expanded our global presence, including Rebel AI that we announced this morning. Our product offerings now extend from mobile commerce and fintech solutions for small-to-medium-sized businesses or SMBs, to AI-powered customer acquisition for major enterprises and brands.

“As an innovator in digital marketing solutions, Rebel AI delivers strong e-commerce growth to brands and agencies. Rebel complements our new Fixel AI unit that we acquired in the fourth quarter. Fixel added simplified marketing and critical privacy features to our AI-powered consumer intent engine which is used by major brands and premium publishers. Through these key acquisitions, we have now become a global leader in data-driven, consumer intelligence and automated marketing technology.

“The Rebel AI platform, which we have already relaunched under the name of Logiq Digital Marketing, enables SMB businesses to more effectively compete for new customers against larger enterprises – leveling the playing field like never before. Our value proposition with Logiq Digital Marketing is now so strong, we have already signed up new clients on this platform. We are planning for the full integration of Rebel AI with Fixel and DataLogiq to be completed within six months.

“Early in the second quarter, we expect Fixel’s audience scoring and segmentation feature will be available to customers who have been using Rebel AI. Then by the end of Q3, we expect Fixel to be fully and seamlessly integrated within our Rebel AI technology deployment.

“As global e-commerce sales now reach upwards of $4.2 trillion in a more than $26 trillion retail industry, it’s predominantly the largest brands that are capitalizing on their fullest potential. In the U.S. alone, the top 10 e-commerce players account for 63% of online sales. We believe that a market dominated by so few players is not really a healthy marketplace. Our platform is designed to change all this, to level the playing field for SMBs to better complete for media spend and customer acquisition.

“In preparation for the market opportunity ahead, over the past year we strengthened our corporate governance and expanded our management team, bringing on ad tech veterans like Steven Hartman, appointing Josh Jacobs and Lea Hickman to our board, and we’re now adding Manny Puentes from Rebel AI to our executive team.

“Earlier this month, we joined forces with Comviva, a global leader in digital financial solutions, to offer digital wallet and payment services to millions of mobile users and SMBs across Indonesia. The services will be based on our PayLogiq digital wallet and powered by Comviva’s mobiquity Pay platform. We see the potential for this opportunity to eventually generate tens of millions in annual fees for Logiq over time.

“We believe we have arrived at a pivotal moment in our growth and development where everything will begin to accelerate. We’ve now brought together the technologies to create a superior digital marketing solution, and have assembled the best minds in the industry to bring it to market.

“Despite a year of unexpected challenges and setbacks, we have been able to transform Logiq into a global provider of a full-range of e-commerce solutions for companies of all sizes. This has put us on course for strong growth in 2021 and into 2022, with diversified, high-margin revenue streams derived from the strongest segments of our industry. Given the strong industry tailwinds at our back, we believe that we are on track to end 2021 with record revenue at more than $40 million with stronger margins across all of our business segments.”

Q4 2020 Financial Summary

Revenue decreased 34.3% to $6.6 million in the fourth quarter of 2020, as compared to $10.0 million in the same year-ago quarter, with the decrease largely due to the impact of COVID-19.

The company’s AppLogiq mCommerce platform-as-as-service (PaaS) contributed $2.1 million or 32.1% of consolidated revenue in the fourth quarter, which decreased 78.9% from $10.0 million or 100% of consolidated revenue in the same year-ago period. The decrease was primarily due to the impact of COVID-19 lockdowns as well as the transition to lower revenue but higher margin business.

Gross profit decreased 25.6% to $1.4 million or 21.1% of revenue in Q4 2020 from $1.9 million or 18.6% of revenue in the same year-ago quarter. The decrease in gross profit resulted primarily from lower revenues for the quarter. The increase in gross margins was the result of eliminating low margin, white label partnerships that were also impacted by the pandemic, and focusing on the more profitable segments the company serves with its mobile app business enablement platform.

Total operating expenses increased 51.6% to $8.5 million in Q4 2020 from $5.6 million in the same year-ago period. The increase in operating expenses was mainly due to the addition of DataLogiq’s general and administrative expense of $1.3 million, depreciation and amortization expenses of $0.6 million and an increase of AppLogiq’s general and administrative expenses of $0.9 million and sales and marketing of $0.6 million compared to the same period a year ago. This was partially offset by AppLogiq’s research and development expense decreasing by $0.5 million in the fourth quarter.

Net loss was $7.1 million or $(0.51) per basic and fully diluted share in Q4 2020, compared to net loss of $3.8 million or $(0.47) per basic and fully diluted share in the same year-ago period.

At December 31, 2020, cash and cash equivalents totaled $3.5 million, compared to cash and cash equivalents of $4.8 million at September 30, 2020.

2020 Financial Summary

Revenue increased 9.4% to $37.9 million in 2020, as compared to $34.6 million in 2019. The increase is due to the inclusion of the revenues of DataLogiq effective January 8, 2020. AppLogiq revenues declined by 34% as compared to 2019 due to a loss of customers as a result of adverse effects of the COVID-19 pandemic, and from a strategic shift from white label App resellers to higher margin direct marketing to customers.

Gross profit increased 2.0% to $6.4 million or 16.8% of revenue for full year 2020, compared to $6.2 million or 18.0%of revenue in the same year ago period.

Total operating expenses increased 60.9% to $20.6 million for full year 2020 from $12.8 million in the same year-ago period. The increase in operating expenses was primarily due to the inclusion of DataLogiq operating expenses, which totaled $6.9 million.

Net loss was $14.5 million or $(1.14) per basic and fully diluted share in the full year 2020, compared to net loss of $6.5 million or $(1.31) per basic and fully diluted share in the same year-ago period. The increase in the loss is due to increase in research & development costs, legal and professional costs, travelling cost, consultancy fee, stock-based compensation and increase in research & development.

Conference Call

Logiq management will host a conference call, followed by a question-and-answer period.

Date: Tuesday, March 30, 2021

Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

Toll-free dial-in number: 1-800-289-0438

International dial-in number: 1-323-794-2423

Conference ID: 1612917

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 4:00 p.m. Eastern time on the same day through Tuesday, April 13, 2021, as well as available for replay via the Investors section of the Logiq website at  www.logiq.com/ir.

Toll-free replay number: 1-844-512-2921

International replay number: 1-412-317-6671

Replay ID: 1612917

About Logiq

Logiq, Inc. (OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services.

Forward-Looking Disclaimer

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the ability of Logiq to successfully complete the NEO listing process, the fitness of Logiq’s products and services for a particular application or market, the ability to effectively integrate Rebel AI into our business operations, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Company Contact

Brent Suen, President

Logiq, Inc.

Email contact

Media & Investor Contact

Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566

Email contact

LOGIQ INC.

Consolidated Balance Sheets

  December 31 December 31
  2020 2019
ASSETS
Non-current assets
Intangible assets, net 11,736,540 611,598
Property and equipment, net 178,561
Goodwill 5,078,090
Total non-current assets 16,993,191 611,598
Current assets
Amount due from associate 5,673,700 2,825,700
Accounts receivable 2,618,494
Right to use assets – operating lease 364,234
Other amounts recoverable 549,550
Prepayment, deposit and other receivables 206,443 1,641,684
Financial assets held for resale 594,263 2,730,363
Restricted cash 10,889
Cash and cash equivalents 3,478,889 2,972,649
Total current assets 12,946,912 10,719,946
Total assets $29,940,103 $11,331,544
 
LIABILITIES AND STOCKHOLDER’S EQUITY
Current Liabilities
Accounts payable 1,009,204
Accruals and other payables 1,110,732 298,453
Deferred revenue 46,857
Lease liability – operating lease 364,234
Convertible promissory 2,911,000
Amount due to director 77,500 77,500
Total current liabilities 5,519,527 375,953
 
Non-Current Liabilities
Other loan 10,000
Notes payable 507,068
Bank loan 500,000
Total non-current liabilities 517,068 500,000
Total liabilities 6,036,595 875,953
 
STOCKHOLDERS’ EQUITY
Common stock, $0.0001 par value, 250,000,000 shares authorized, 15,557,439 and 8,561,704 shares issued and outstanding as of December 31, 2020 and 2019, respectively* 1,556 11,130
Additional paid-in capital 66,739,895 58,058,118
Capital reserves 19,285,383
Accumulated deficit brought forward (62,123,326) (47,613,657)
Total stockholder’s equity 23,903,508 10,455,591
Total liabilities and stockholders’ equity $29,940,103 $11,331,544
*The number of shares of common stock has been retroactively restated to reflect the 1 for 13 reverse stock-split on February 25, 2020.

LOGIQ INC.

Consolidated Statements of Operations

  For The Years Ended
December 31,
  2020 2019
Service Revenue $37,910,393 $34,648,621
Cost of Service $31,546,948 $28,411,869
Gross Profit $6,363,445 $6,236,752
 
Operating Expenses
Depreciation and amortization 1,966,045 101,933
Research and development $6,244,704 $6,412,998
Sales and marketing $1,423,909 $389,610
General and administrative $10,994,815 $5,918,660
Total Operating Expenses $20,629,473 $12,823,201
 
(Loss) from Operations (14,266,028) (6,586,449)
 
Other Expenses 292,767
Other Income 49,126 72,359
Other Income/(Expenses), net (243,641) 72,359
 
Net (Loss) before income tax (14,509,669) (6,514,090)
Income tax (Corporate tax) 27,596
Net (Loss) for the year $(14,509,669) (6,541,686)
 
Net (loss) profit per common share – basic and fully diluted: (1.1444) (1.3059)
 
Weighted average number of basic and fully diluted common shares outstanding* 12,678,904 5,009,312

Logiq Acquires Rebel AI to Bring E-commerce Growth to Brands and Agencies

| Press Release
Logiq Acquires Rebel AI to Bring E-commerce Growth to Brands and Agencies

NEW YORK and BOULDER, Colo., March 30, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning e-commerce and fintech solutions, has acquired Rebel AI, an innovator in digital marketing solutions.

The Rebel AI platform, which is to be named Logiq Digital Marketing, will enable small and medium-sized businesses (SMB) to more effectively compete against larger businesses for new customers. Through a simplified, easy-to-use platform, marketers will be able to advertise across popular websites and connected TV media destinations to attract more consumers to their online stores. Coupled with advanced audience targeting, artificial intelligence algorithms and blockchain-based security, this platform will also lower the costs of customer acquisition.

“Rebel AI’s approach to addressing the needs of e-commerce brands and agencies fully aligns with our strategic focus, and we expect the addition of their proprietary technology to dramatically accelerate the time-to-market of the launch of our holistic digital marketing strategy,” stated Logiq CEO, Tom Furukawa. “Combining our respective strengths and capabilities puts us years ahead in terms of delivering a uniquely powerful platform geared for our SMB agency and brand clients.”

Logiq Digital Marketing is an open AI platform that not only provides flexibility for future development and integrations, but also allows clients to embed their own unique customizations for their business while remaining forward compatible with future enhancements.

“Logiq shares our vision of simplifying the marketing workflow for small and medium businesses,” said Rebel AI’s founder and CEO, Manny Puentes. “By combining Rebel AI’s data management and media buying capabilities, Fixel’s engagement-based AI-segmented audiences, and DataLogiq’s comprehensive consumer profiles into a single platform, we’re laying the foundation for marketers to reach their consumers in an easier and more cost-effective way.”

In the U.S. alone, the top 10 e-commerce players will account for 63.2% of online sales. Along with rising digital media costs, hidden marketing technology fees, and fast-evolving laws and regulations surrounding consumer data and privacy, SMBs have been underserved by the fragmented marketing technologies available to them to date. Logiq Digital Marketing was built specifically to address these challenges.

Further details of the transaction can be found in the company’s current report on Form 8-K filed with the Securities and Exchange Commission and available at sec.gov  and from the investor section of the company’s website at ir.logiq.com.


About Logiq

Logiq, Inc.

(OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features. Logiq Digital Marketing is an end-to-end digital marketing platform for brands and agencies.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services.

For more information about Logiq, go to Logiq.com.


Forward-Looking Disclaimer

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the ability of Logiq to successfully complete the NEO listing process, the fitness of Logiq’s products and services for a particular application or market, the ability to effectively integrate Rebel AI into our business operations, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.


Company Contact

Brent Suen, President

Logiq, Inc.


Email contact


Media & Investor Contact

Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566

Email contact


Primary Logo

Logiq Partners with Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users Across Indonesia

| Press Release
Logiq Partners with Comviva to Offer Digital Wallet and Payment Services to Millions of Mobile Users Across Indonesia


NOT FOR DISTRIBUTION IN CANADA

NEW DELHI, India and NEW YORK, March 22, 2021 (GLOBE NEWSWIRE) —


Logiq, Inc.


(OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has joined forces with


Comviva


, a global leader in digital financial solutions, to offer digital wallet and payment services across Indonesia. The services based on Logiq’s

PayLogiq

digital wallet will be powered by Comviva’s


mobiquity® Pay


platform.

Logiq also recently partnered with

Yabx

, a fintech venture of Comviva to offer credit-based financial services such as cash advance for merchants and ‘buy now, pay later’ (BNPL) options for consumers.

mobiquity Pay is one of the world’s largest digital wallet solutions, powering over 70 digital financial services across more than 50 countries and will play an essential role in Logiq’s new partnership with

Koperasi Mona Santoso Berjaya (KMSB)

.

Together with KMSB, Logiq is providing micro-lending services to members of

Badan Perlayanan Jaminan Sosial Ketenagakerjaan (BPJSTK)

, the social security agency that provides retirement and pension plans on behalf of Indonesian government entities.

The new micro-lending services will benefit BPJSTK’s 48 million members and 600,000 small-and-medium sized businesses (SMBs). The partnership with Comviva will allow Logiq to extend swift, convenient and secure digital wallet services to BPJSTK members and SMBs.

Using Logiq’s digital wallet, BPJSTK members and SMBs will be able to perform multiple financial transactions quickly and securely, including money transfers, receiving and repaying loans, accessing insurance, buying airtime or data, paying bills or merchants—all on their mobile phone, anytime, anywhere.

“Our partnership with Comviva enables us to provide best-in-class digital wallet services to thousands of individuals and SMBs in Indonesia,” said

Matthew Brent, chief strategy officer at Logiq

. “Digital is quickly becoming the preferred method for transactions, and the global pandemic has only accelerated that transition. By providing digital access to an array of financial services instantly from the convenience of a mobile device, we see our combined platform enhancing the lives of many people, helping to grow their businesses and boosting the country’s economic activity.”


Srinivas Nidugondi, COO and EVP of Digital Financial Solutions at Comviva

, commented: “Our mobiquity Pay is a feature-rich, scalable and flexible digital wallet platform that has been deployed across five continents. We will bring our global expertise in digital wallets to this deployment with Logiq. The platform will enable Loqiq to accelerate the growth of digital wallets in Indonesia by introducing innovative digital financial services to transform the way Indonesians save, borrow, transfer and make payments.”


About Comviva Technologies Limited

Comviva is the global leader in digital solutions catering to The Business of Tomorrows. The company is a subsidiary of Tech Mahindra and a part of the $21 billion Mahindra Group. Its extensive portfolio of solutions spans digital financial services, customer value management, messaging and broadband solution and digital lifestyle services. It enables service providers to enhance customer experience, rationalize costs and accelerate revenue growth. Comviva’s solutions are deployed by over 130 mobile service providers and financial institutions in over 95 countries and enrich the lives of over 2 billion people to deliver a better future. For more information, please visit

www.comviva.com


About mobiquity® Pay

Comviva’s mobiquity Pay is a one-stop solution for digital money, e-wallets, and mobile payments. It provides financial services to over 130 million consumers globally and processes more than 7 billion transactions that total more than $130 billion annually.

mobiquity Pay is a holistic platform that serves consumers, service providers and partners, and it facilitates digital payments for all customer segments banked or unbanked through all form factors and modes, including USSD, mobile applications, IVR, Web, QR codes and NFC.

For financially underserved consumers who need a digital wallet, mobiquity Pay offers a stored value account in the form of a prepaid digital wallet. This solution can facilitate multiple financial transactions, including money transfers, bill and merchant payments, salary payments, financial-aid disbursements, business to business payments and more. It also provides access to micro-financial services, like savings, loans and insurance. For banked and carded consumers, mobiquity Pay provides the option to make payment using a credit card, debit card or bank account.


About Logiq



Logiq, Inc.


(OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s


PayLogiq


™ offers mobile payments, and


GoLogiq


™ offers hyper-local food delivery services.

For more information about Logiq, go to


Logiq.com


.


Forward-Looking Disclaimer

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the fitness of Logiq’s products and services for a particular application or market, the successful launch and development of Logiq’s partnership with KMSB, including the related pilot programs, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

mobiquity® is registered trademark in India only.

For further enquiries, please contact:


Comviva Technologies Ltd.


PR & Corporate Communications

Sundeep Mehta

Tel +91- 124-481 9000


[email protected]


Logiq Contact


Brent Suen, President

Logiq, Inc.


Email contact


Logiq Media & Investor Contact


Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566


Email contact




Primary Logo


Logiq Sets Fourth Quarter and Full Year 2020 Earnings Conference Call for Tuesday, March 30, 2021 at 1:00 p.m. ET

| Press Release
Logiq Sets Fourth Quarter and Full Year 2020 Earnings Conference Call for Tuesday, March 30, 2021 at 1:00 p.m. ET

NEW YORK, March 17, 2021 (GLOBE NEWSWIRE) — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, will hold a conference call on Tuesday, March 30, 2021 at 1:00 p.m. Eastern time to discuss results for the fourth quarter and full year ended December 31, 2020. The financial results will be issued in a press release prior to the call.

Logiq management will host the call, followed by a question-and-answer period.

Date: Tuesday, March 30, 2021

Time: 1:00 p.m. Eastern time (10:00 a.m. Pacific time)

Toll-free dial-in number: 1-800-289-0438

International dial-in number: 1-323-794-2423

Conference ID: 1612917

Please call the conference telephone number five minutes prior to the start time. An operator will register your name and organization. If you have any difficulty connecting with the conference call, please contact CMA at 1-949-432-7566.

A replay of the call will be available after 4:00 p.m. Eastern time on the same day through Tuesday, April 13, 2021, as well as available for replay via the Investors section of the Logiq website at

www.logiq.com/ir

.

Toll-free replay number: 1-844-512-2921

International replay number: 1-412-317-6671

Replay ID: 1612917


About Logiq




Logiq, Inc.


(OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s


PayLogiq


™ offers mobile payments, and


GoLogiq


™ offers hyper-local food delivery services.

For more information about Logiq, go to


Logiq.com


.


Company Contact


Brent Suen, President

Logiq, Inc.


Email contact


Media & Investor Contact


Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566


Email contact




Primary Logo


Small and Microcap Company Investor Presentations Now Available for On-Demand Viewing

| Press Release



<br /> Small and Microcap Company Investor Presentations Now Available for On-Demand Viewing<br />


Canada NewsWire


Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations


NEW YORK

,

Feb. 8, 2021

/CNW/ – Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the

February 4


th

Small and Microcap Showcase are now available for on-demand viewing.


REGISTER OR LOGIN NOW TO VIEW THE PRESENTATIONS:


https://bit.ly/3pPZeWX

The company presentations will be available 24/7 for 90 days. Investors, advisors and analysts may download shareholder materials from the “virtual trade booth” for the next three weeks.


Participating Companies:



Full Company

Legal Name – Presentation Name



Ticker


Keynote Presentation: Investing 101: Evaluating a Public

Company’s Corporate Communications Efforts


Skyline Corporate Communications Group, LLC


Lleidanetworks Serveis Telematics S. A.


(

OTCQX: LLEIF

| BME: LLN | EPA: ALLLN)


Mirriad Advertising plc


(

OTCQB: MMDDF

| LON: MIRI)


Alvopetro Energy Ltd.


(

OTCQX: ALVOF

| TSX-V: ALV)


Genprex, Inc.


(

NASDAQ: GNPX

)


BioSig Technologies, Inc.


(

NASDAQ: BSGM

)


VolitionRx Limited


(

NYSE AMERICAN: VNRX

)


Earthasia International Holdings Ltd.


(

OTCQX: ETIHY

| HKEx: 6128)


Citius Pharmaceuticals, Inc.


(

NASDAQ: CTXR

)


VERB Technology Company, Inc.


(

NASDAQ: VERB

)


Logiq, Inc.


(

OTCQX: LGIQ)


Clean Energy Technologies, Inc.


(

OTCQB: CETY

)


Slinger Bag Inc.


(

OTCQB: SLBG

)


Skye Bioscience, Inc.


(

OTCQB: SKYE

)


Experion Holdings Ltd.


(

OTCQB: EXPFF

| TSX-V: EXP)


BIGG Digital Assets Inc.


(

OTCQB: BBKCF

| CSE: BIGG)


NexTech AR Solutions


(

OTCQB: NEXCF

| NEO: NTAR.NE | CSE: NTAR)

To facilitate investor relations scheduling, for more information about the program and to view a complete calendar of Virtual Investor Conferences, please visit

www.virtualinvestorconferences.com

.


About Virtual Investor Conferences


®


Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

SOURCE VirtualInvestorConferences.com

Cision
View original content:

http://www.newswire.ca/en/releases/archive/February2021/08/c5124.html


Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th

| Press Release
Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th



<br /> Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th<br />


Live Investor Conference & Webinar: Small and Microcap Company Showcase on February 4th

Company executives will share vision and answer audience questions at VirtualInvestorConferences.com

PR Newswire


NEW YORK

,

Jan. 28, 2021

/PRNewswire/ — Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Small and Microcap Showcase.  Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 8:45 AM ET on

Thursday, February 4


th

with the first live webcast at 9:00 AM ET.


REGISTER NOW AT

https://bit.ly/2KEhljn

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. There is no cost to log-in, attend the live presentations or ask questions.

“We are pleased to highlight a diverse array of companies participating in the Small and Microcap Virtual Investor Conference,” said

Jason Paltrowitz

, Executive Vice President of Corporate Services at OTC Markets Group. “We appreciate the collaboration of our co-sponsor Skyline Corporate Communications.”

“Skyline Corporate Communications Group, LLC is honored to again be invited as the event sponsor, and to deliver the keynote presentation. This virtual conference includes an exciting line-up of public company presentations across a diverse array of sectors. We would like to offer our sincere thanks to our partners at the OTC Markets Group for this opportunity, and look forward to hearing presentations from company executives as they inform us about their businesses and their Company’s competitive advantages,” said Scott Powell, President & CEO of Skyline Corporate Communications Group, LLC.



February 4


th

Agenda:



Eastern

ET

NYC



Full Company

Legal Name – Presentation Name



Ticker



9:00 AM


Keynote Presentation: Investing 101: Evaluating a Public Company’s Corporate Communications Efforts


Skyline Corporate Communications Group, LLC



9:30 AM


Lleidanetworks Serveis Telematics S. A.


(

OTCQX: LLEIF

| BME: LLN | EPA: ALLLN)



10:00 AM


Mirriad Advertising plc


(

OTCQB: MMDDF

| LON: MIRI)



10:30 AM


Alvopetro Energy Ltd.


(

OTCQX: ALVOF

| TSX-V: ALV)



11:00 AM


Genprex, Inc.


(

NASDAQ: GNPX

)



11:30 AM


BioSig Technologies, Inc.


(

NASDAQ: BSGM

)



12:00 PM


VolitionRx Limited


(

NYSE AMERICAN: VNRX

)



12:30 PM


Earthasia International Holdings Ltd.


(

OTCQX: ETIHY

)



1:00 PM


Citius Pharmaceuticals, Inc.


(

NASDAQ: CTXR

)



1:30 PM


VERB Technology Company, Inc.


(

NASDAQ: VERB

)



2:00 PM


Logiq, Inc.


(

OTCQX: LGIQ)



2:30 PM


Clean Energy Technologies, Inc.


(

OTCQB: CETY

)



3:00 PM


Slinger Bag Inc.


(

OTCQB: SLBG

)



3:30 PM


Skye Bioscience, Inc.


(

OTCQB: SKYE

)



4:00 PM


Experion Holdings Ltd.


(

OTCQB: EXPFF

| TSX-V: EXP)



4:30 PM


BIGG Digital Assets Inc.


(

OTCQB: BBKCF

| CSE: BIGG)

To facilitate investor relations scheduling, for more information about the program and to view a complete calendar of Virtual Investor Conferences, please visit

www.virtualinvestorconferences.com

.


About Virtual Investor Conferences


®


Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

Cision
View original content to download multimedia:

http://www.prnewswire.com/news-releases/live-investor-conference–webinar-small-and-microcap-company-showcase-on-february-4th-301217214.html

SOURCE VirtualInvestorConferences.com



Logiq Files Preliminary Prospectus for Proposed Initial Public Offering of Units in Canada

| Press Release

Logiq Files Preliminary Prospectus for Proposed Initial Public Offering of Units in Canada

New York, NY – January 27, 2021 – Logiq, Inc. (“Logiq” or the “Company”) (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has filed a preliminary prospectus (the “Preliminary Prospectus”) with the securities regulatory authorities in each of the provinces of Canada (other than Quebec) for a proposed initial public offering (the “Offering”) of units of the Company (the “Units”).  The number of Units to be sold, the offering price of the Units and the terms of the Warrants (including the exercise price and expiry term) will be determined in the context of the market.

Each Unit will consist of one common share (a “Unit Share”) and one common share purchase warrant of the Company (each, a “Warrant”). Each Warrant is exercisable to acquire one common share of the Company (a “Warrant Share”).

The Offering is being led by Mackie Research Capital Corporation as the sole agent and sole bookrunner.

Logiq recently submitted its application to list its common shares (including the Unit Shares and Warrant Shares) on the NEO Exchange (the “NEO”) in Canada, with the approval subject to Logiq fulfilling the listing requirements of NEO. Upon listing on the NEO, Logiq’s common shares would continue to be traded in the U.S. on the OTCQX Market as LGIQ.

“We are fortunate to have the assistance of Mackie’s experienced and capable team as we take this major step towards completing our NEO listing process,” stated Logiq’s executive chairman and president, Brent Suen. “As a senior exchange, the NEO platform exemplifies how state-of-the-art exchange trading technology can help increase investor confidence, improve liquidity, and elevate a company’s global profile.”

Over the past year, Logiq acquired two leading e-Commerce platforms and expanded its global presence. Its product offerings now extend from mobile commerce and fintech solutions for small-to-medium-sized businesses (“SMBs”) to AI-powered customer acquisition for major enterprises and brands.

Logiq’s customer relationships now range from hundreds of thousands of SMBs around the world to publicly traded Fortune 1000 companies. Among the company’s notable customers are QuinStreet (a marketing technology company), Purple (the creator of the renowned Purple mattress) and Sunrun (a solar company).

The Preliminary Prospectus contains important information relating to Logiq and the Units. The Preliminary Prospectus remains subject to completion or amendment. There will not be any sale or any acceptance of an offer to buy the Units until a receipt for the final prospectus has been issued by the relevant securities regulatory authorities in Canada. A copy of the Preliminary Prospectus can be obtained under Logiq’s corporate profile on SEDAR at www.sedar.com. There can be no assurance that Logiq will satisfy all applicable requirements for listing its common shares on the NEO, that its application for listing will be approved or that a receipt for its final prospectus will be issued.

About Logiq

Logiq, Inc. (OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.

Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services.

For more information about Logiq, go to Logiq.com.

Forward-Looking Disclaimer

This press release contains certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections.   This news release also contains forward‐looking statements and forward‐looking information within the meaning of Canadian securities legislation that relate to Logiq’s current expectations and views of future events. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, through the use of words or phrases such as “will likely result”, “are expected to”, “expects”, “will continue”, “is anticipated”, “anticipates”, “believes”, “estimated”, “intends”, “plans”, “forecast”, “projection”, “strategy”, “objective” and “outlook”) are not historical facts and may be forward‐looking statements and may involve estimates, assumptions and uncertainties which could cause actual results or outcomes to differ materially from those expressed in such forward‐looking statements. No assurance can be given that these expectations will prove to be correct and such forward‐looking statements included in this news release should not be unduly relied upon. These statements speak only as of the date of this news release. In particular and without limitation, this news release contains forward‐looking statements regarding Logiq’s proposed NEO listing and its initial public offering of Units.

Forward‐looking statements are based on a number of assumptions and are subject to a number of risks and uncertainties, many of which are beyond Logiq’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, failure to complete the initial public offering, the impact and progression of the COVID‐19 pandemic and other factors set forth under “Forward‐Looking Statements” and “Risk Factors” in the Preliminary Prospectus, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. Logiq undertakes no obligation to update or revise any forward‐looking statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for Logiq to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward‐looking statement. Any forward‐looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.

Company Contact

Brent Suen, President
Logiq, Inc.
Email contact

Media & Investor Contact

Ronald Both or Grant Stude
CMA Investor & Media Relations
Tel (949) 432-7566
Email contact


Primary Logo

GlobeNewswire
January 27, 2021 – 7:52 AM PST
News by QuoteMedia
www.quotemedia.com

Logiq Appoints Tech Industry Veteran, Lea Hickman, to Board of Directors

| Press Release

New York, NY – January 7, 2021 – Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has appointed Lea Hickman to its board of directors. As an independent director, her appointment increases the board to eight members, with five serving independently.

Hickman is a seasoned technology product strategist with more than 25 years’ experience building and executing go-to-market strategies. She brings to Logiq an extensive record in successful strategy execution while serving in several senior level positions at top technology companies.

She presently serves as a partner at Silicon Valley Product Group, a global product consulting firm where she advises major tech companies and executives. She was previously vice president of product at InVision, a digital product design platform for creating superior customer experiences. She was responsible for establishing the product management structure and best practices for the collaborative design platform.

Before InVision, Hickman was the vice president of consumer business at Adobe Systems, where she was responsible for more than $200 million in business and 20 million Adobe users. At Adobe, she also led product management for all design, web and interactive tools, including Dreamweaver, Flash, InDesign and Illustrator. These products comprised a portfolio totaling $1.2 billion. She developed Adobe’s Creative Cloud concept, which became the driving force that transformed Adobe from a boxed software to one of the industry’s most successful SaaS business models.

“We believe Lea’s wealth of knowledge and global industry experience working with Silicon Valley companies will prove to be extremely beneficial to Logiq as we further develop and execute our go-to-market strategies,” noted Logiq’s CEO, Tom Furukawa. “We have arrived at a critical inflection point in our evolution, especially after acquiring Fixel AI and recently launching a major state-backed micro-lending program in Indonesia. We expect Lea to play an instrumental role in guiding our go-to market strategies as we continue to evolve into a leading global innovator of data-driven consumer intelligence and marketing technology platform. I’m excited to have her on board.”

Prior to Adobe, Hickman was as a senior director of market development at Macromedia and assisted the company in defining go-to market strategies for its emerging, high growth businesses. She also served as vice president of marketing at Catapulse, which was later acquired by Rational Software, where she was responsible for all corporate and marketing functions. She earlier served as the director of product management at Netscape, where her successful repositioning of the product drove annual revenue growth from $12 million to $32 million in one year.

“I’m excited to join Logiq at this pivotal time in its growth and product development,” said Hickman. “The company’s current transition to a data-driven consumer and intelligence marketing company allows it to address the challenges facing the continuously changing landscape of the digital marketing industry. I have served several innovative technology and digital marketing companies, and have assisted with their rollout and structure of a variety of product offerings.

“Logiq’s platforms are uniquely capable of delivering a superior digital marketing solution to providers and consumers alike, and Tom has assembled some of the best minds in the industry to bring it to market. I hope to share my technical experience establishing essential product management structures to Logiq’s innovative eCommerce and fintech solutions.”

Hickman began her career at IBM Corporation as a consultant for its subsidiary, Integrated Systems Solutions Corporation, which provides a broad range of outsourcing services. Hickman was awarded the Technology Excellence Award for the Disney Epcot Innovations Exhibit in Orlando, Florida for her outstanding performance and achievements.

Hickman received her B.A. in Sociology and Social Psychology from Lehigh University and completed the Executive Program for Growth Companies at Stanford University.

About Logiq

Logiq, Inc. (OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia.

The company’s subsidiary, DataLogiq, provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services. For more information about Logiq, go to Logiq.com.

Forward-Looking Disclaimer

This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq ‘s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the fitness of Logiq’s products and services for a particular application or market, the successful launch and development of Logiq’s partnership with KMSB, including the related pilot programs, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading “Risk Factors” in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Company Contact

Brent Suen, President

Logiq, Inc.

Email contact

 

Media & Investor Contact

Ronald Both or Grant Stude

CMA Investor & Media Relations

Tel (949) 432-7566

Email contact