Jerrick Enters Into Material Discussions With Thinkmill
NEW YORK, Jan. 4, 2018 /PRNewswire/ -- Jerrick Media Holdings, Inc., (OTCQB: JMDA) (the "Company" or "Jerrick"), a digital technology company, announced today that it has entered into material discussions with Thinkmill, a digital development company based in Sydney, Australia, that may or may not result in a joint venture, or another form of partnership involving a significant transaction.
Jerrick and Thinkmill began the design and engineering of Vocal, Jerrick's long-form social publishing platform, in Q3 of 2014, leading to a successful launch of the product in Q4 of 2016. Vocal, https://vocal.media, is a platform for the creation of rich media content and its intuitive discovery and navigation by visitors. The platform hosts 30 niche-communities, with over 135,000 content creators and 5.1 million page views in network per month. Vocal is designed to promote maximum SEO exposure and monetization opportunities for creators.
Jeremy Frommer, CEO of Jerrick, commented, "We've spent over three years working closely with Thinkmill and they are world class developers. Given the exponential success of Vocal, the platform we built together, a broader relationship between the two companies makes perfect sense."
Thinkmill is a digital development company focusing on User Experience, Node.js and React. Its team of experienced, full-stack developers and designers are helping leading companies and funded startups build amazing digital products. Thinkmill also leads major open-source projects contributed to and used by developers around the world, including React Boilerplate, and KeystoneJS.
"A deeper collaboration between the Jerrick business model and Thinkmill's design and development team will lead our respective ventures to continued success," stated Jed Watson, co-CEO and founder at Thinkmill. "We're excited to explore a collaboration with Jerrick, as they have a unique perspective on content, publishing, and commerce. From a technology point of view especially, that is a dynamic and particularly interesting problem space. I see our partnership extending to future applications and opportunities."
About Jerrick
Jerrick is a technology company focused on the development of digital communities, and the targeted marketing of branded digital content, and e-commerce opportunities algorithmically derived in relevance for each community.
Core to Jerrick's unique capabilities is Vocal, a proprietary long-form digital publishing and content distribution platform, capable of hosting all forms of rich media content.
Vocal uses a proprietary algorithm which intelligently bridges media-rich long-form creative content with targeted branding and e-commerce monetization opportunities in each niche-community. Each community is also managed by a dedicated team, whose primary focus is on revenue conversion of the published material via digital arbitrage.
For news and more information please visit: https://jerrick.media
For daily updates, please visit: https://twitter.com/JeremyFrommer and https://www.linkedin.com/in/jeremyfrommer/
About Thinkmill:
Thinkmill is an industry-leading digital development company in Sydney and the driving force behind major Open Source projects including the KeystoneJS Content Management Platform, and Elemental UI React Component Framework. The team comprises experienced designers and web and mobile developers, who focus on delivering amazing user experiences backed by powerful technical architecture. To complement its commercial project portfolio, Thinkmill invests heavily in R&D, mentoring and community development and, as a result, is growing a team truly passionate about the work they do.
In the last three years, Thinkmill has successfully partnered on projects in a broad range of problem spaces, including FinTech, retail, publishing and more. Learn more at http://www.thinkmill.com.au/
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
CONTACT: Natasha Sydor, natasha@jerrick.media
View original content:http://www.prnewswire.com/news-releases/jerrick-enters-into-material-discussions-with-thinkmill-300577594.html
SOURCE Jerrick Media Holdings, Inc.
