Complaint filed against numerous adtech parties

RNS Number : 7911B

Taptica International Ltd

11 June 2019

 

11 June 2019

Taptica International Ltd 

("Taptica" or the "Company") 

Complaint filed against numerous adtech parties including Taptica Ltd. and Taptica, Inc.

Taptica International Ltd (AIM: TAP), a global leader in advertising technologies for brand advertising and performance-based mobile marketing, has learned that Uber Technologies, Inc. filed a complaint in the Superior Court of the State of California (U.S.), County of San Francisco, against Taptica Ltd. and Taptica, Inc., four unaffiliated companies and numerous (up to a further 100 "John Doe") companies, alleging fraudulent concealment, negligence and unfair competition.

Based on the information available to the Company to date, the claims appear to be without merit; Taptica Ltd. and Taptica, Inc. will aggressively defend against these claims.

For further information please contact: 

Taptica International Ltd Ofer Druker, Chief Executive Officer Yaniv Carmi, Chief Financial Officer	via Vigo Communications
finnCap Ltd (Nominated Adviser) Corporate Finance - Jonny Franklin-Adams, James Thompson, Hannah Boros ECM - Tim Redfern, Richard Chambers	Tel: [phone]
Vigo Communications (Financial Public Relations) Jeremy Garcia Antonia Pollock Charlie Neish [e-mail]	Tel: [phone]

About Taptica

Taptica International Ltd is a global leader in advertising technologies, operating in more than 70 countries. It has three core divisions: Tremor Video DSP (brand advertising), Taptica (performance advertising) and a Media division.

Tremor Video DSP helps advertisers deliver impactful brand stories across all screens through the power of creative video intelligence-innovative video technology combined with advanced audience data and captivating creative. Tremor Video is one of the largest and most innovative video advertising companies in North America, with offerings in CTV, influencer marketing, and private marketplaces.

The Taptica performance business is an end-to-end mobile technology advertising platform that helps the world's top brands reach their most valuable users with the widest range of traffic sources available today. Its proprietary technology leverages big data to target quality media at scale. It works with more than 600 advertisers including Amazon, Alibaba, Bytedance, Netmarble, Stubhub and OpenTable.

Taptica International Ltd is headquartered in Israel and maintains offices in the US and Canada, Asia-Pacific, Europe, India, and Latin America, and is traded on the London Stock Exchange (AIM: TAP).

 

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