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BTV.V - BlueRush Inc

J’suis assez nouveau dans le milieu, c’est généralement pour une bonne ou mauvaise nouvelle ?

C’est plus souvent positif que négatif selon mon expérience.

rarement vu un halt aussi long.

BlueRush Announces Multi-Year IndiVideo US$1.17 Million Contract with Major U.S. Financial Services Company

TORONTO, Aug. 11, 2020 (GLOBE NEWSWIRE) – BlueRush Inc. (" BlueRush " or the " Company « ) (TSX-V: BTV), an emerging personalized video Software as a Service ( » SaaS ") company, today announced that it has secured a three-year contract with a US-based multinational insurance provider, valued at approximately US$1,175,025.

« This is a significant win for BlueRush and IndiVideo, and a great way to start the 2021 fiscal year, » said Steve Taylor, CEO of BlueRush. "We are committed to pursuing deals with higher recurring revenue, rather than service ‎revenue, and the introduction of the self-serve capability to the IndiVideo platform ‎continues to drive us towards subscription-based revenue.”‎

The contract includes a base annual subscription of US$250,000 and a consumption ‎element based on the number of video views, with a minimum commitment from the ‎customer on the video views. Recurring revenue, including the minimum subscription and ‎consumption elements, is US$274,510 in year one, US$329,515 in year two and US$421,000 in year three. There is an additional annual services retainer of US$50,000 for advisory ‎services BlueRush will provide to the customer.

Mr. Taylor continued, “We recently announced the release of our ‘Self-Serve’ capability‎, and this customer’s multi-year commitment to IndiVideo demonstrates the power of the self-serve functionality and solidifies our standing as a favoured solution for large and established brands to create secure and scalable personalized interactive video experiences.”

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Il mentionne notamment que la COVID a été positive pour l’entreprise et que ça accélère l’intérêt envers Individeo de la part de clients potentiels.

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BlueRush Announces Strategic Partnership With Chilean Company Percus To Implement Personalized Video Technology In Latin America

BlueRush Inc.

Aug 26, 2020, 08:30 ET

TORONTO, Aug. 26, 2020 /CNW/ - BlueRush Inc. (" BlueRush " or the " Company ") (TSXV: BTV), an emerging personalized video Software as a Service (« SaaS ») company, announced that it has entered into a strategic partnership agreement with Percus, a Chilean based company focused on the implementation of personalization technologies for end customers.

Percus’ team is highly experienced in IndiVideo’s technology, as they have managed several projects through their relationship with Kunder, a former BlueRush partner. Those successful projects have led to the recent creation of Percus and enabled the partnership with BlueRush.

Under the terms of the agreement, Percus will offer BlueRush’s IndiVideoTM platform as the primary service in their portfolio, Percus will generate and lead sales opportunities, and they will manage personalized video projects in the Latin American region.

BlueRush Executive Vice President, Len Smofsky notes, « Percus key personnel were behind some of the biggest successes on the IndiVideo platform, resulting in strong penetration of IndiVideo across Latin America. We are very excited to have Percus in a position to now focus their efforts on building the IndiVideo brand. »

Percus CEO, Manuel Ibáñez, said, « This is an important step for our company. Our teams know each other and understand how to add value to our customers. We look forward to having many more Latin American companies benefit from the engaging customer experience that personalized videos offer. »

About BlueRush

BlueRush develops and markets IndiVideo™, a disruptive, award-winning interactive personalized video platform that drives return on investment throughout the customer lifecycle, from increased conversions to more engaging statements and customer care. IndiVideo enables BlueRush clients to capture knowledge and data from their customers’ video interaction, creating new and compelling data driven customer insights.

For more information visit www.bluerush.com.

About Percus

Percus - which name comes from Personalized Customers - is a company driven by the power of personalization. Percus helps companies in different countries to design and offer an easy, understandable and highly converting digital customer journey through personalization. Their team has years of experience implementing IndiVideo for banks and pension funds.

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Projet pilote de Bluerush avec Realtor
New Pilot Project Brings Your REALTOR.ca Listings to Life

En français
Vidéo de vos inscriptions sur REALTOR.ca – un projet pilote de l’ACI

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Bluerush vient de publier ses résulats pour l’année 2020 (se terminant au 31 juillet 2020):

BlueRush reports strong recurring revenue growth of 157% amid robust demand for personalized video content

En incluant le contrat de 1,17 millions $ US sur 3 ans que l’entreprise a annoncé au mois d’aout, soit après la fin de l’année fiscale, j’estime que le ‹ ‹ run-rate › › de revenus récurrents est de plus de 1,9 millions $ annuellement.

La valorisation est donc d’environ 4,5x les revenus récurrents (EV/ARR). Disons que c’est assez peu dispendieux pour une entreprise qui connait une croissance de 157% de ses revenus récurrents. Le problème demeure que Bluerush ne génère toujours pas de cash flow positifs et n’en générera probablement pas à court terme, ce qui nécessitera d’autres financements dans le futur.

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Pendant que Bluerush n’a aucune considération des investisseurs, cette semaine Quadient à reçu une offre d’achat de 350 millions d’Euro sur sa division « Customer experience management »

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Realtor à mis ceci en ligne hier
Bluerush | Individeo (realtor.ca)
en Français
Bluerush | Individeo (realtor.ca)

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BlueRush Announces Appointment of Chris Rasmussen to Board of Directors

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Hate de voir les résultats du premier trimestre qui sortiront vendredi

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Delivers record Q1 Subscription-Based Revenue up 80% and Committed Annual Recurring Revenue hits $2.4M

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Les fondamentaux remplissent tranquillement l’évaluation. Je les ai à environ 4.6x le ARR et 3.5x les revenus totaux… Ça s’en vient pas cher à 80% de croissance yoy sur IndiVideo!

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Le message à passé

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BlueRush Announces Proposed Non-Brokered Private Placement and Proposed Issuance of Warrants for Debenture Conversions

Excellente nouvelle selon moi. Évidemment, c’est une dilution significative mais c’était nécessaire pour nettoyer le bilan et aller chercher du capital de croissance.

Suite au financement, Bluerush ne devrait avoir pratiquement plus de dette et un fonds de roulement confortable pour continuer de croître rapidement.

C’est Cormark qui est derrière le financement. Pour ceux qui les connaissent moins, Cormark est une banque d’investissement qui travaille principalement avec des clients institutionnels. Je pense que le financement sera rempli assez rapidement avec des investisseurs à long terme de qualité.

Divulgation: Le Fonds Rivemont MicroCap est actionnaire de Bluerush et a signifié son intention de convertir sa débenture convertible 2018 ainsi que participer dans le financement.

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BlueRush Increases Maximum of Proposed Private Placement Due to High Demand

TORONTO, Jan. 18, 2021 (GLOBE NEWSWIRE) – BlueRush Inc. (“ BlueRush ” or the “ Company ”) (TSX-V: BTV), an emerging personalized video Software as a Service (“ SaaS ”) company, is pleased to announce that due to high demand it is increasing the maximum raise of its previously announced proposed non-brokered private placement financing to a maximum of $4,500,000 units (a “ Unit ” or “ Units ”) of the ‎Company (the “ Offering ”).

Accordingly, BlueRush now proposes to raise gross pursuant to the Offering proceeds of a minimum of $2,000,000 and a maximum of $4,500,000 through the issuance of a minimum of 19,047,619 Units and a maximum of 42,857,142 Units at $0.105 per Unit. Each Unit shall consist of (i) one (1) common share of the Company, and (ii) one (1) transferable common share purchase warrant. Each warrant shall ‎‎entitle the holder thereof to acquire one additional common share of the Company ‎at a price of $0.18 ‎per share ‎until the date that is thirty-six (36) months from the closing. The expiry of the warrants may be accelerated by the Company at any time ‎following the four (4) month ‎anniversary of the issuance of the warrant and ‎prior to the expiry date of the warrants if the volume weighted average price of the common shares of the Company on ‎the TSX Venture Exchange (the “ Exchange ”) is greater ‎than $0.22 for any twenty (20) ‎consecutive trading days, at which time the Company may, within ten (10) ‎‎business days, accelerate the expiry date of the warrants by issuing a press ‎release announcing the reduced ‎warrant term whereupon the warrants will ‎expire on the 20th calendar day after the date of such press ‎release‎.

The net proceeds of the Offering will be used by the Company to continue to accelerate growth of its subscription revenue, R&D and for working capital.

In addition, the Company announces that holders of its 2018 Debentures (as defined in the Company’s News Release dated January 15, 2021) will now have until 5:00 p.m. (Toronto time) on January 20, 2021 to accept the Conversion Offer (as defined in the Company’s News Release dated January 15, 2021).

All securities issued pursuant to the Offering will be subject to a four-month hold period.‎ Closing of the transactions are subject to, amongst other things, prior approval of the Exchange.

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Bluerush further increases financing to $5-million

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Entrevue sur Smallcap Discoveries avec Paul Andreola.

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BlueRush Launches Enhanced Functionality for Self-Serve Platform for IndiVideo Interactive Personalized Video Solution