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ZOOMD KNOW MORE , DO MORE . NEWS RELEASE ZOOMD REPORTS 1Q2021 FINANCIAL RESULTS HIGHLIGHTED BY STRONG GROSS MARGINS . MAINTAINS 2021 REVENUE GROWTH GUIDANCE OF 30 % TO 40 % Key Highlights & Outlook • • • Maintains 2021 revenue growth guidance of 30 % to 40 % , reflecting the strong post - pandemic market recovery , the on - boarding of new clients , the launch of new product lines , and strategic M & A activity . Gross profit margin increased roughly 17 % from 30 % to 35 % , primarily due to focusing on more profitable customers . Over the past 9 months , the Company has diversified its customer base with the onboarding of customers operating in industries to areas such as fintech , entertainment , and Ecommerce . In addition , sectors that were shut down during the pandemic and are reopening , such as sports , are benefiting existing customers . Beginning to see the positive impact of " Performance Revenues " acquisition . - VANCOUVER , BRITISH COLUMBIA , June 1 , 2021 Zoomd Technologies Ltd. ( TSXV : ZOMD ) ( OTC : ZMDTF ) ( https://www.zoomd.com ) and its wholly - owned subsidiary Zoomd Ltd. ( collectively , " Zoomd ” or the “ Company ” ) , the marketing tech ( MarTech ) user - acquisition and engagement platform , today reported its financial results for the three months ended March 31 , 2021. The financial statements and MD & A are available on SEDAR under the Company's profile . " We are excited to return to sustainable revenue growth as our clients expand their advertising budgets to pre - COVID levels ” said Ofer Eitan , Zoomd's CEO , adding " Over the last nine months we have been successful in acquiring new customers in growing industries such as fintech and Ecommerce . We expect our new acquired customers to increase their activity with us during 2021 . Our organic growth in the upcoming months , combined with our integration of the Performance Revenues acquisition and ongoing M & A discussions , led us to maintain our 2021 revenue growth guidance . Furthermore , we are proud of the strong gross margins achieved during the first quarter , which are the result of our focus on profitable activities and our efforts to diversify our customer base . " PLATFORM UPDATE During Q1-2021 , Zoomd released self - serve products such as Performance , Premium channels , and DSP . The self - serve products save Zoomd's advertising customers money , time and resources in the ad buying , optimization process and general campaign management , by uniting all of the client's advertising campaigns under a single central dashboard , allocating budget and providing data on the user acquisition capabilities across various digital channels . ACQUISITION OF PERFORMANCE REVENUES On February 9 , 2021 , Zoomd acquired Performance Revenues , a leading international mobile marketing and influencer company , providing a variety of performance - based marketing solutions led by a team of professional marketers , media buyers and account managers . Zoomd believes that it is able to leverage the people , talent , and clients acquired through this acquisition to drive growth in the future by realizing certain synergies between the platforms .