Generative AI streamlines translation of member communications and documents for Medicare Advantage Organizations

TORONTO--(BUSINESS WIRE)--Messagepoint announced today that it has been named a winner for the second consecutive year in the 2025 BIG Innovation Awards, presented by the Business Intelligence Group, in the software category. The Healthcare Touchpoint Exchange, a SaaS solution designed to support Medicare Advantage Organizations (MAOs) in preparing health plan materials, was recognized for its groundbreaking new AI-powered translation capabilities.

“The demand for translated Medicare Advantage materials has surged in the last few years due to regulatory changes and growing recognition of diverse member needs. For years, MAOs have relied on fragmented, expensive and time-consuming translation services for member materials, frequently rushing to meet the stringent deadlines of the Centers for Medicare and Medicaid Services,” said Sohail Malik, vice president, Healthcare Solutions at Messagepoint. “Messagepoint’s AI-powered translation and translation accuracy checks enable translation of these complex materials faster, more affordably and with greater accuracy than ever before. We’re honored to be recognized by the Business Intelligence Group for this innovation.”

The Healthcare Touchpoint Exchange leverages Messagepoint’s no-code content authoring environment to automate and streamline the preparation of complex, regulated documents—including the Annual Notice of Change (ANOC), Evidence of Coverage (EOC) and Summary of Benefits (SB)—as well as other communications, such as pre- and post-enrollment materials and marketing materials.

This award centers on the platform’s innovative AI-powered translation and translation accuracy capabilities, powered by Messagepoint’s proprietary AI engine, MARCIE, which include:

• AI-powered translation into 60+ languages up to 20 times faster than humans
• AI-powered accuracy checks that validate semantic meaning, formatting, variables and named entities are consistent across all language versions of a communication, significantly reducing quality assurance time and preventing translation errors
• Integrated glossaries that align AI translations with corporate and industry-specific terminology

In preparation for the 2025 Annual Enrollment Period, the Healthcare Touchpoint Exchange helped teams reduce translation workloads by 50%, reduce translation costs by over 60% and save thousands of hours in quality assurance.

“Humanity relies on innovation to improve our lives and the planet,” said Russ Fordyce, CEO of the Business Intelligence Group. “We’re thrilled to spotlight Messagepoint as a shining example of innovation making a profound impact globally.”

The 2025 BIG Innovation Awards celebrate organizations and individuals pushing boundaries and advancing their industries. Winners are evaluated by a panel of seasoned business leaders and executives who consider creativity, measurable results and overall impact in their selections.

About Messagepoint

Messagepoint is a leading provider of customer communications management software. Only Messagepoint harnesses AI-powered Content Intelligence to automate and simplify the process of migrating, optimizing, authoring and managing complex customer communications for non-technical (business) users. Customers rely on its award-winning platform to consistently deliver exceptional, highly personalized customer communications across all platforms and channels. For more information, visit www.messagepoint.com.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and rewards those companies whose achievements stand above those of their peers.

Media Contact:
Patricia Kilgore
Sterling Kilgore
630-567-9379

Caruso instinctually renders AI voice content perfectly—the first time—and is 30% faster on average than previous models.

SEATTLE--(BUSINESS WIRE)--WellSaid, the industry’s most trusted AI voice platform for businesses, today announced the upcoming launch of its highly anticipated “Caruso” model. As the company’s fastest and most performant model yet, Caruso offers the highest audio quality available in the industry to date, and is set to redefine the way creators work. Coming Q1 2025, Caruso will be available in WellSaid Studio and equipped with new features like AI Director, which leverages patented technology to enable users to adjust emotional intonation and performance just as a human director would in a professional recording studio. Caruso improves first-take capabilities and, unlike competitors, limits the need for re-rendering content. With Caruso, users can expect WellSaid voices to say it right the first time.

“We’re excited to introduce Caruso, with new architecture built from the ground up that’s designed to deliver faster speeds, the highest quality audio in the market, and a more intuitive product to give our business users a competitive edge,” said Brian Cook, CEO of WellSaid. “With these upgrades, users can enjoy AI voices that say it right the first time, drastically reducing the time and effort that goes into re-rendering audio clips, setting us apart from competing platforms. Not only will Caruso help organizations streamline workflows, but it will help them improve their bottom line.”

With the launch of Caruso, customers can expect the following updates:

• Ultra-High Quality and Speed: Caruso sets a new standard for high-fidelity AI voices and studio-quality voice narration with the highest quality audio output in the market to date – ready for any type of prime-time coverage. Additionally, users will see reduced latency, with Caruso rendering audio 30% faster.
• Improved Control with WellSaid’s AI Director: Pitch, pace, and emotional intonation adjustments allow users to precisely instruct each script to get the most engaging performance every time, making AI voice narration feel like working with a real voice actor.
• Improved Pronunciation: Caruso’s intelligent engine, combined with Oxford phonetic spelling data, reduces the need for users to modify or store mispronounced words. Where other AI Voice platforms fail in pronunciation, Caruso eliminates the need for users to spend time tweaking their scripts by saying it right the first time.
• Enterprise Capabilities: Increased team collaboration features allow companies to integrate WellSaid seamlessly into existing workflows. Additionally, in line with the EU AI Act, WellSaid actively employs responsible AI practices that support transparency, consent, and privacy.

The new Caruso model builds on WellSaid’s flagship AI voice platform that optimizes audio content creation for corporate training, advertising and marketing, product and customer education, and more. Unlike competitors, WellSaid’s closed-source platform uses exclusive voice data from professional voice actors who have consented and are compensated for their work. This approach ensures WellSaid customers have commercial usage rights for any voice content they create on the WellSaid platform. WellSaid is trusted by over 50 percent of Fortune 500 brands, including LinkedIn, T-Mobile, ServiceNow, Accenture, and more.

For additional information, please visit wellsaid.io/caruso.

About WellSaid

WellSaid is an advanced AI voice platform. The company’s Text-to-Speech (TTS) technology leverages proprietary AI models, which are trained on exclusive and licensed voice data, to generate natural sounding voice overs. WellSaid’s TTS system can produce unique dialects, accents, and languages to optimize audio content creation for corporate training, advertising, products, experiences, video production, publishing, audiobooks, and more. Built with ethics at its core, WellSaid’s responsible AI platform is trusted by 50 percent of leading Fortune 500 brands including LinkedIn, T-Mobile, ServiceNow, and Accenture. For more information, visit wellsaid.io.

PR
Devan West
wellsaid@bigfishpr.com

TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three months ended November 30, 2024.

“The results of our first quarter signal a positive start to the 2025 fiscal year and demonstrate meaningful progress, with total revenue growing compared to this time last year,” said Andrew MacLeod, Postmedia President and Chief Executive Officer.

“I am particularly encouraged by the trajectory of our advertising revenue stream, which is showing positive year-over-year growth. This, combined with strong performance in our circulation and parcel divisions, reflects the successful execution of our strategic initiatives and the increasing value we deliver to our partners,” said MacLeod. “As we move forward, we remain focused on sustainable growth and operational excellence across all our business segments."

First Quarter Operating Results

Revenue for the quarter was $110.3 million as compared to $104.6 million in the same period in the prior year, representing an increase of $5.7 million (5.4%). The revenue increase was primarily due to increases in advertising revenue of $5.6 million (11.1%), circulation revenue of $3.3 million (10.3%) and parcel revenue of $0.4 million (2.8%), partially offset by decreases in other revenue of $3.6 million (43.8%). Excluding the impact of the Saltwire asset acquisition, advertising revenue for the quarter increased by 1.4%. As such, excluding the impact of any acquisition related activity, advertising revenue has increased in comparison to the same quarter in the prior year for the first time since the third quarter in 2022.

Total operating expenses excluding depreciation, amortization and restructuring increased $6.1 million, or 6.1%, for the quarter ended November 30, 2024, relative to the same period in the prior year. The increase relates to increases in compensation, distribution and other operating expenses, partially offset by a decrease in newsprint and production expense.

Operating income before depreciation, amortization and restructuring in the quarter was $5.5 million, a decrease of $0.4 million relative to the same period in the prior year. The decrease in operating income before depreciation, amortization and restructuring is due to an increase in operating expenses excluding depreciation, amortization and restructuring, partially offset by an increase in total revenue. Excluding the impact of the Saltwire asset acquisition, operating income before depreciation, amortization and restructuring in the quarter was $3.1M.

Net loss in the quarter ended November 30, 2024 was $24.5 million, as compared to a net loss of $10.6 million in the same period in the prior year. The increase in net loss was primarily the result of an increase in restructuring expenses, interest expense, loss on disposal of right-of-use assets, foreign currency exchange losses and a decrease in operating income before depreciation, amortization and restructuring, partially offset by a decrease depreciation, amortization, and net financing expense.

Additional Information

Additional information, including financial statements and management’s discussion and analysis can be found on the Company’s website at www.postmedia.com or on SEDAR+ at www.sedarplus.ca.

Note: All dollar amounts are expressed in Canadian dollars unless otherwise specified.

About Postmedia Network Canada Corp.

Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com, www.postmediasolutions.com and www.postmediaparcelservices.com.

Forward-Looking Information

This news release may include information that is “forward-looking information” under applicable Canadian securities laws. The Company has tried, where possible, to identify such information and statements by using words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance. Forward-looking statements in this news release include statements with respect the implementation and results of the Company’s transformation initiatives, continued benefits of historical results into future periods, the realization of anticipated cost savings, the identification and undertaking of ongoing cost savings initiatives. By their nature, forward-looking information and statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties include, among others: competition from digital and other forms of media; the effect of economic conditions on advertising revenue; the ability of the Company to build out its digital media and online businesses; the failure to maintain current print and online newspaper readership and circulation levels; the realization of anticipated cost savings; possible damage to the reputation of the Company’s brands or trademarks; possible labour disruptions; possible environmental liabilities, litigation and pension plan obligations; fluctuations in foreign exchange rates and the prices of newsprint and other commodities.

For a complete list of our risk factors please refer to the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2024 and 2023. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.

For more information:
Media Contact
Communications
inquiries@postmedia.com

Investor Contact
John Bode
Executive Vice President, Chief Financial Officer and Chief Transformation Officer
investors@postmedia.com

AdvertisingHealth’s World Top 10 List names Klick Agency of the Year with nine campaign award distinctions, including #1 overall campaign, #1 Health & Wellness campaign, and #1 Pharma campaign

NEW YORK & TORONTO--(BUSINESS WIRE)--Klick Health kicked off 2025 on another high note – taking top honors on the 2024 AdvertisingHealth World Top 10 list, released earlier today. The large global independent agency was crowned Agency of the Year, after winning nine of the biggest campaign accolades for excellence in health advertising and becoming the world’s #1 most-awarded health agency.

“Being recognized as the most-awarded health agency in the world — with three campaigns on the list — is a testament to our team’s boundless talent, passion, and purpose-driven creativity,” said Chief Creative Officer Rich Levy. “This recognition reflects the power of creativity to make a real difference in people’s lives. Thank you to AdvertisingHealth for this humbling recognition, and to every Klickster who pushes boundaries and redefines what’s possible each and every day.”

AdvertisingHealth ranked ‘47,’ the inspirational animated short Klick co-created for Café Joyeux with Zombie Studio, Canja Audio Culture, and the Down syndrome community, as its #1 overall campaign, #1 Health & Wellness campaign, and #1 North American campaign (marking the second consecutive #1 Health & Wellness campaign win for Klick after ‘The Bridge’ took the top spot last year). Earlier this week, production industry trade magazine SHOTS included ‘47’ on Monday’s Top 100 of 2024 list.

AdvertisingHealth also named ‘Voice 2 Diabetes,’ Klick’s smartphone app that turns voice samples into an equitable life-saving tool by using AI to detect Type 2 diabetes, its #1 Pharma campaign, #4 North American campaign, and #5 overall campaign. It further recognized 'American Cancer Story,' the emotional coming-of-age short film Klick created for Change the Ref (co-written and directed by José Padilha and produced by Taking Over Films, with original score by Maroon 5's James Valentine and VFX by Pierre Buffin) as its #3 North American campaign, #4 overall campaign, and #4 Health & Wellness campaign. Additionally, Café Joyeux and Zombie Studio won Client of the Year and Production Company of the Year, respectively for ‘47.’

"We are incredibly proud of the groundbreaking creativity and innovation that our people continue to bring to life as new standards in health advertising," said Klick Co-Founder and Chairman Leerom Segal. "The dedication to crafting work that not only resonates with but helps drive healthy change makes these achievements all the more rewarding."

In 2024, Klick’s work was lauded with a whopping number of Grand, Gold, Silver, and Bronze trophies, including eight Cannes Lions, 52 Clios, 30 The Creative Floor Bricks, 45 LIAs, four The One Show Pencils, and four D&AD Pencils.

AdvertisingHealth’s annual World Top 10 showcases the world’s most-awarded health & wellness and pharma campaigns, and the agencies that created them. Scores are based on the health accolades won at Cannes Lions, Clio Health, The One Show, The Creative Floor Awards, D&AD Awards, and London International Awards (LIAs).

About Klick Health

Klick Health is the world’s largest independent commercialization partner for life sciences, focused on hacking the boundaries of health by developing, launching, and supporting life sciences brands to achieve their full potential. The agency provides best-in-class marketing and advertising, media strategy and purchasing, medical affairs and medical communications, value and market access services, as well as enterprise omnichannel enablement among its specialized offerings. Klick’s client service is rooted in deep medical and scientific understanding, enabled by nearly 250 post-graduate, in-house medical experts; unrivaled decision sciences capabilities; and innovative, results-driven creative.

One of the most-awarded advertising agencies on the planet, Klick was named 2024 Clio Health Independent Agency of the Year, London International Awards Global (and Regional) Independent Health & Pharma Agency of the Year, as well as Cannes Lions #2 Healthcare Agency and #2 Healthcare Network for the second year running. Cannes Lions also recognized Klick as the 2024 #3 Independent Agency of the Year. In 2024, Klick won over 140 top creative honors, including the coveted Cannes Lions Innovation Grand Prix, and eight agency distinctions from the most respected advertising awards shows. Klick has also been ranked a Best Managed Company, Great Place to Work, Best Workplace for Women, Best Workplace for Inclusion, Best Workplace for Professional Services, Most Admired Corporate Culture, and a FORTUNE Best Workplace in Advertising.

Established in 1997, Klick Health (including Klick Katalyst and btwelve) has offices in New York, Philadelphia, Saratoga Springs, Toronto, London, São Paulo, and Singapore. It is part of the Klick Group of companies, which also includes Klick Media Group, Klick Applied Sciences (including Klick Labs), Klick Consulting, Klick Ventures, and Sensei Labs. Follow Klick Health on LinkedIn and for more information on joining Klick, go to careers.klick.com.

Press Contact
For more information, please contact Klick PR at pr@klick.com or (416) 214-4977

Award-winning independent agency continues to stack global talent roster with accomplished healthcare marketing veterans in Client Services, Creative, Growth, Media, Medical, Strategy, and new Managing Director, APAC

TORONTO & NEW YORK--(BUSINESS WIRE)--#AI--Klick Health today announced the addition of 22 seasoned healthcare marketing leaders across its Client Services, Creative, Growth, Media, Medical, and Strategy teams in North America, Singapore, and the UK. Today’s announcement reinforces Klick’s ongoing growth and momentum as the world’s largest independent commercialization partner in life sciences.

“We’re energized by the solid growth we’ve continued to see this year across the business and are beyond excited about the accomplished marketing leaders who have made their move to Klick,” said CEO Lori Grant. “It’s very clear that there’s something different about joining an independent agency that has a people-centric culture, hacker roots, plays the long game, and prioritizes client outcomes. With the additions we’re announcing today, the strongest team in the industry just became even stronger.”

CLIENT SERVICES EXPANSION + NEW LEADERSHIP IN APAC

Klick Health President Ari Schaefer said, “The growth of our Client Services team and Managing Director cohort around the globe reflects our commitment to client-centricity and their outcomes. Senior hires like Fred and Graeme bring decades of experience navigating the most complex challenges of the life sciences industry, both in North America and Asia Pacific, and we couldn’t be happier to welcome them to Klick.”

Graeme Read, Managing Director, APAC

With a passion for life-changing ideas that improve the health of humanity, Read's 37-year career spans the life sciences and health and wellness industries in sales and marketing, advertising and communications, and digital health. He has held senior regional and global positions client and agency-side in New Zealand, Australia, Singapore, China, India, and the UK.

Read joins Klick with strong credentials in both the strategic and commercial sides of the business. He has led markets, regions, and disciplines, bringing commercial acumen, senior client relationships, strategic thinking, integrated communications expertise, and deep APAC and EMEA experience. Previously, as President, McCann Health Asia-Pacific, Read led a team of 600 professionals across 12 offices in Japan, China, Korea, Singapore, Philippines, India, and Australia. Under his leadership, the agency was named Campaign Asia’s Specialist Agency of the Year multiple times and won numerous creative and strategic awards across all major global and APAC awards shows. Prior to joining Klick, Read held a leadership role at Hello Health Group, the leading digital health company in Emerging Asia.

“I’m thrilled to join Klick at a time when Asia-Pacific is experiencing rapid transformation in healthcare communications and digital innovation, driven by evolving patient expectations and the growing demand for integrated, data-driven approaches,” said Read. “Pharma and consumer health companies are seeking a fresh approach, and APAC is ready for an agency like Klick to disrupt the status quo. Klick’s unique model, powered by a single global P&L and seamless regional collaboration, stands apart by delivering client-focused solutions at scale, more innovation, and better value for clients across this diverse and dynamic region.”

Fred Hickman, SVP, Group Account Director

Hickman has 18 years of experience in pharmaceutical marketing, working with major pharma companies, as well as clinical-stage companies and biotechs launching their first assets. Previously in senior client service roles at agencies like 21GRAMS and Grey Group, he has worked across a wide range of therapeutic areas (including autoimmune diseases, emergency hospital products, diabetes, medical devices, neurological conditions, and rare diseases) and has the innate ability to simplify business challenges and orchestrate collaboration across teams, with expertise across HCP and consumer marketing. Hickman thrives on brand building, strategic planning, and understanding the buying journey to identify where brands can intersect most appropriately and effectively to drive customer demand.

"I’m thrilled to join Klick and be part of a leading global agency, where excellence and innovation are at the core of everything it does,” Hickman said. “Klick’s commitment to constantly learn and evolve perfectly aligns with my personal vision of growth and striving for impactful, forward-thinking solutions. This is exactly the kind of dynamic environment where I want to be, contribute, collaborate, and thrive."

CREATING EVEN MORE MOMENTUM IN CREATIVE

Klick’s Chief Creative Officer Rich Levy called out four new senior creative professionals who joined his growing award-winning team, saying “As both our creative reputation and that of the healthcare industry continue to resonate with more people around the world, we’ve been attracting brilliant creative leaders – many of them from outside of traditional healthcare, who’ve been seeking more purpose in what they do. We’re thrilled to welcome Jan, David, Chuck, and Samantha to Klick as we prepare to ring in another invigorating year of awe-inspiring, results-driven work for our clients.”

Jan Franks, VP, Creative Director

With over 20 years of experience in healthcare advertising and a mission to make great healthcare creative possible, Franks has developed a reputation for translating powerful strategic thinking into highly visible creative. Before joining Klick, she served as SVP, Group Creative Director at McCann Health, working on leading brands in cardiovascular, diabetes, renal, and women’s health. Previously, she held copywriting roles at Saatchi Healthcare and Y&R (now VM). Franks’ work has been recognized with Clio Health, The Creative Floor, The One Show, and other awards. She has served on Clio Health juries and has given talks about creativity at industry events, like the DTC National Conference.

Franks said, “Klick’s burgeoning creative reputation is something everyone in the industry is noticing. I was curious to discover the ‘secret sauce’ that makes Klick so special, and now that I’m here, I’m starting to understand. It’s a culture where being different isn’t merely tolerated, it’s actively encouraged – and that’s what makes creativity thrive.”

David S. Newton, VP, Creative Director

Newton also brings more than two decades of healthcare marketing experience to Klick’s Creative team. A screenwriter and playwright in college, he has brought his love of storytelling to pharma blockbusters and rare disease treatments alike, helping launch both household names and brands that count their patients by the dozen. His career has taken him across ‘Medicine Avenue’ and back, working on a myriad disease states and branded campaigns. Most recently, he spent over 12 years as a senior creative at FCB Health after roles at CDM, Medicus, Gray Worldwide, and The Bloc. Newton is particularly proud to have had one of his commercials parodied by The Tonight Show and to have contributed to a Times Square billboard.

“I’m so chuffed to join Klick’s amazing team of storytellers,” Newton said. “As inventive and hyper-targeted as technology allows us to be, as creatives, we’re still searching for that one magical truth we can use to create a connection that moves and motivates people, and this is a great place to do just that.”

Chuck Pagano, VP, Creative Director

Pagano joins Klick with 15+ years of award-winning healthcare advertising and PR experience, most recently helping run the Haleon business at Weber Shandwick, leading brands like TUMS, Nicorette, and Breathe Right, while also overseeing the creative work for Anheuser-Busch and Mondelez. Previously, he helped launch and lead health and life sciences specialty shop Team Life JWT, creating groundbreaking work for Coppertone, Lotrimin, and Berocca, among other brands. He’s held past creative roles at other agencies, including TBWA\Chiat\Day, Saatchi & Saatchi, DDB, McCann, and Hill Holliday. Pagano claims he’s been lucky enough to have his work recognized by all the awards shows that matter…and quite a few that don’t. (But don’t tell him that.) He also serves as an adjunct professor at Montclair State University, where he teaches Brand Storytelling and Copywriting to the next generation of creatives.

“Creatively speaking, the health and wellness space is booming — and Klick is at the forefront of it, doing precisely the type of work I aspire to do. Klick’s creative work is not only winning awards, it’s challenging systemic and societal issues and offering real-world solutions — having a deep and lasting impact on patients’ lives,” Pagano explained.

Samantha Ha, Creative Director, APAC

Ha joins Klick’s Singapore team with over 13 years of experience as a copy-based creative. She has held senior copywriter roles at several Singapore agencies, including Mediabrands Content Studio, MRM, Tag, and Grey Group Singapore. Through the years, she has worked across industry sectors that include automotive, CPG, health, and hospitality, having contributed to global and regional accounts for top-tier brands like, Disney, FrieslandCampina, Honda, P&G, Starbucks, and Unilever. Ha started her career as a copywriter in the Philippines.

“I feel very fortunate at this stage in my career to focus on creative work that is also fulfilling,” said Ha. “The more I’ve learned about Klick’s culture, tools, and capabilities, the more thrilled I’ve become — not to just create outstanding work, but to make a difference in people’s lives while I’m at it.”

NEW ADDITIONS TO KLICK MEDIA

Klick Media President Ray Rosti commented on the agency’s thriving Media practice in welcoming three proven digital healthcare marketers to the team. "Our focus on digital innovation and delivering impactful results for our clients is driving our rapid growth. Erica, Chris, and Brian are proven leaders in the pharma landscape and we know their diverse experiences and expertise will have a positive impact on the strategies we bring to life for our clients."

Chris Bannan, VP, Media Strategy & Planning

With almost two decades of digital marketing expertise, both on the agency and client side, Bannan has led and mentored teams of high-performing, collaborative marketers and planners and is dedicated to driving customer centricity and delivering measurable business outcomes. He started his career hand-coding websites in 2004 before expanding into SEO, paid search, analytics, programmatic, and other media. At AstraZeneca, he led a team of in-house digital channel experts, collaborating with media agencies to architect a successful pilot of an innovative media approach for the cardiovascular, renal, and diabetes business units. The effort drove a positive ROI and was recognized with an internal transformation award. Bannan has also held key media roles at digital agencies within global media holding companies (Publicis, Omnicom, WPP), as well as independent shops.

According to Bannan, “I started thinking about joining Klick after running into a former colleague, who was so excited to be a Klickster. When I researched the company, their ‘hacker roots’ really resonated with me, along with initiatives like its $1,000,000 Klick Prize for game-changing AI ideas. The people at Klick are brilliant, humble, and kind — and now I’m the one sharing how excited I am to be a Klickster!”

Brian Brophy, VP, Media Strategy & Planning

Brophy brings a passion for working at the intersection of audience insights, commercialization strategy, and the ever-evolving media publisher and tech landscape. His 15 years of experience includes senior roles with Real Chemistry (most recently as Senior Group Director, Integrated Media) and Publicis Health Media, where he led strategic media planning and activation for a wide range of pharma and consumer health clients, including Amazon Health, Dexcom, and Galderma.

"Throughout my career, I’ve had the opportunity to partner with dozens of life sciences agencies, and Klick has always stood out. I've found the work they do to be exceptional, driven by really thoughtful people who have been a pleasure to partner with. I couldn’t be more excited and proud to join the Media team at Klick."

Erica Gusler, VP, Media Strategy & Planning

Gusler returns to Klick's growing Media practice with her 11+-year background in healthcare media. She most recently served as VP, Media at Avalere Health with a focus on delivering meaningful patient and HCP experiences on behalf of her clients. Prior, Gusler spent over three years at Klick, most of that time as Director of Media Strategy & Planning. In addition to her work on helping launch and support blockbuster drugs, she has led client campaigns across therapeutic areas that include neurology, oncology, and rare diseases.

"As a returning Klickster, I can vouch that there truly is something different here,” Gusler stated. “Every craft is best-in-class. The level of expertise at Klick allows us to deliver better business outcomes for clients and more impactful interactions between patients and brands. I am really energized about being able to contribute to that again through Klick’s strategic Media offering!"

REINFORCING EXCELLENCE ACROSS THE KLICK MEDIVERSE

Chief Medical Officer Holly Henry, who has assembled one of the largest agency medical teams on the planet (called the Klick Mediverse), welcomed four new industry veterans, “to support our evolving specialty medical business. We are excited about how Brian, Robert, Steve, and Quentin complement our Mediverse and can’t wait to see what 2025 brings!”

Brian Raineri, PharmD, EVP, Medical Communications Business Strategy

A pharmacist by training with over 25 years of healthcare communications experience, Raineri has worked across all facets of the healthcare communications industry — including advertising and medical communications — as a medical strategist, account lead, and managing director. His true passion lies in medical communications, particularly in the commercial medical communications space. He joins Klick after an 18-year tenure at IPG, where he spent the last eight years as Co-Managing Director of the Trio office. Known for his ability to partner with clients and cross-functional stakeholders to elevate medical communications, Raineri has a proven track record of building high-performing teams and fostering a culture that inspires both innovation and growth.

“I have admired Klick for years — from their innovation and creativity to their people-first philosophy and culture,” explained Raineri. “Growing Klick’s commercial medical communications capabilities and offerings, while building on the incredible work they’ve done in medical affairs, is a natural next step and an exciting opportunity. I’m thrilled to be a part of the Klick Mediverse as we take medical communications to the next level for our clients and the patients and HCPs they serve.”

Robert Groebel, SVP, Strategic Stakeholder Engagement

Groebel joins Klick’s thriving medical team with over 25 years of experience in healthcare innovation and strategy, defined by a deep commitment to advancing healthcare engagement, digital transformation, and data-driven decision-making. A recognized leader in driving transformative solutions, he has held pivotal positions, including Global VP of Medical Affairs Strategy at Veeva Systems, as well as global leadership roles at Boehringer Ingelheim and Shire. Over the years, Groebel has led efforts to optimize commercial and medical strategies across a wide range of therapeutic areas, including immunology, neurology, oncology, and rare diseases.

"I am inspired to be part of a truly unique organization that sits at the intersection of health, technology, and communications,” said Groebel. “With an unparalleled focus on innovation and a culture driven by collaboration, we are uniquely positioned to deliver transformative solutions that drive patient outcomes and accelerate clinical adoption. It’s this bold vision and commitment to making a real impact that energizes me every day."

Steven Candela, PhD, VP, Scientific Strategy

Dr. Candela joins Klick after more than two decades working across the pharmaceutical industry in CR&D, medical affairs, scientific communications, and advertising. Besides running his own “virtual agency” for years, he has held senior management positions at agencies, like Health and Wellness Partners and 21GRAMs, consistently delivering valued scientific analysis and sophisticated educational, promotional, and clinical strategies. Candela has specialized in neurology, oncology, and psychiatry throughout his career, but is well-versed in multiple therapeutic areas and has led a wide range of disease state and therapy-related projects supporting compounds in early clinical development, high-profile launch brands, and established products. He holds a PhD in psychology from Harvard University, and was named a 2022 Elite Master Educator by PM360 magazine.

Said Candela, “I joined the Klick team because I feel that innovation is a genuine part of the company’s DNA and not a buzzword here. As team members, we not only have latitude to pursue new ideas and new approaches, consistently looking to optimize internal processes and maximize our clients’ success, but we are actively encouraged to do so and ask, ‘What really is the most efficient approach? How do we cut to the heart of this matter? So what if this is how it’s always done — what is actually the best way to do this?’ It’s been a very satisfying reorientation towards work for me.”

Quentin O’Brien, MPH, VP, Scientific Strategy, Medical Communications & Innovation

A 2024 MM+M 40 Under 40 honoree with nearly a decade of experience in medical communications, O’Brien takes on a new role within Klick’s Medical Communications & Innovation team, leveraging both her in-house medical affairs expertise and agency background working across a wide variety of therapeutic areas, including immunology, neurology, psychiatry, and rare disease. Previously, O’Brien served as VP, Scientific Director at Health and Wellness Partners, as well as Scientific Communications Manager and Medical Science Liaison at pharmaceutical companies like Mallinckrodt and Orexo. Additionally, her clinical knowledge as an EMT and her lived experience as a rare disease patient and advocate give her a unique point of view that she uses to elevate medical communications for all of her clients.

“As a medical communicator, I am always looking for innovative and more effective ways to educate healthcare providers, patients, and every other stakeholder who touches the healthcare system,” O’Brien explained. “Given Klick’s focus on digital and creative innovation, joining its Medical Communications & Innovation team was a no-brainer. And as a values-driven individual, I am excited to join an organization that puts people first and is committed to not only doing amazing work, but also to improving people’s lives through that work.”

STRATEGY TEAM ADDS SIX INDUSTRY PROS

The agency’s Chief Strategy Officer Carl Turner also grew his global team, welcoming six seasoned strategy leaders from the US, UK, and Asia-Pacific region. In highlighting what makes Klick so different in the world of healthcare marketing strategy, he said, “We're blending unexpected expertise and untamed curiosity to modernize pharma marketing. This is ‘hybrid strategy’ — where we break silos and hack boundaries. Our strategists are mavericks, which is why Amanda, Stephen, Elizabeth, Cara, Dhillon, and Stephanie complement our incredible team so well.”

Amanda Kleinberg, SVP, Strategy

Kleinberg joins Klick’s Strategy team with a special focus on integrating an earned-first perspective to the brand experience. An accomplished award-winning communications, corporate reputation, and advertising professional, she spent the last 12 years in senior strategy and planning roles at Weber Shandwick and Edelman — supporting a diverse range of clients by creating work that drives business, builds brands, grows reputation, fights stigmas, compels action, and sparks conversation. Kleinberg has worked extensively in mental health, rare diseases, women’s health, and health areas that have a disproportional impact on LGBTQ+ and Black communities.

“I’m excited to join Klick because I see it as a company that recognized the opportunity to do things in a different way and decided to disrupt the agency world accordingly. Klick's ever-evolving capabilities are essential in today's media landscape, where capturing our audience's attention requires a unique mix of data-driven intelligence and creativity like never before,” Kleinberg explained.

Stephen Troncoso, SVP, Strategy

Troncoso brings to Klick 15 years of experience in marketing and advertising, with an excellent reputation for leading strategy for clients with expertise addressing a range of healthcare challenges. Focused on commercial planning, brand development, omnichannel experience, and the integration of cutting-edge technologies, previously he served as VP, Strategy at VML and led the strategy team at Wunderman Thompson’s DC office. He is passionate about driving innovative strategies that make meaningful differences in the lives of patients and achieve transformative growth for client partners.

“I’m thrilled to join Klick for so many reasons — from the opportunity to work on groundbreaking health products to collaborating with some of the most intelligent, thoughtful, and compassionate people I’ve ever met,” he said. “Most importantly, I was drawn to Klick’s philosophy and values, and the leadership team’s genuine commitment to living them, which was clear to me from our very first conversation.”

Elizabeth Chambers, VP, Group Director, Strategy, EMEA

Chambers joins Klick with nearly 20 years of proven industry experience working with 80 percent of top pharma companies and providing strategic counsel in support of transforming their brands. She was previously Healthcare Strategist at independent creative agency woolleypau, as well as a public governor for her local hospital’s NHS Foundation trust. She began her career as a cell biologist specializing in cancer and epigenetics. She also spent over 13 years at Langland, where she served in a number of roles, including Director of Planning and Global Business Partner. With expertise spanning a wide range of therapeutic areas (including cardiovascular, infectious disease, neurology, oncology, rare diseases, and transplant), Chambers has helped shape numerous creative and effectiveness award-winning campaigns, focusing on pre-launch disease engagement through to end-of-lifecycle and portfolio management.

Chambers said, “I chose to join Klick because I love that it is an independent with scale, intelligent creative, trailblazing activations, and so many industry leaders to collaborate with in-house. I am excited by Klick’s commitment to global, the impact that having a single P&L model makes in being able to work seamlessly across the agency, and the opportunity we have to build and implement global brands that make a difference in people’s lives.”

Cara Lane, VP, Group Director, Strategy

Lane has spent over a decade helping shape how regulated industries approach social media, most recently in senior social strategy roles at H4B Chelsea and FCB Health for the last eight years.

Sheryl Steinberg
PR@klick.com
(416) 214-4977

2024’s ‘Holiday Hugs’ clinches top spot as agency provides a quindecennial look at how its festive videos showcase creativity, connection, and kindness

TORONTO & NEW YORK--(BUSINESS WIRE)--#KlickHealth--To celebrate 15 years of its heartwarming tradition, Klick Health invited staff to rank their all-time favorite holiday videos — which have brought joy to millions over the years — with this year’s production, ‘Holiday Hugs,’ topping the list.

“The world has changed since we uploaded our first holiday video in 2010 to a relatively new phenomenon called YouTube, but our values remain the same,” said Chief People Officer Glenn Zujew. “We love that Klicksters are so passionate about creating and starring in our annual holiday video and it’s clear from their rankings that they are committed to celebrating human connection with creativity, kindness, and even a little humor.”

Klicksters’ Top 4 All-Time Favorite Klick Holiday Videos

#1. 2024: ‘Holiday Hugs,’ spotlights the agency using AI and other magic to orchestrate a series of surprise reunions for Klicksters. One Creative Director said the video “is as innovative as it is evocative. It perfectly combines technology and AI, delivers on an emotional insight, features Klicksters authentically, and gives all the holiday feels.”

#2. 2021: ‘#SpreadJoy,’ the feel-good video shows hundreds of Klicksters using the $100 bills the agency gave them to spread joy. One Project Manager commented, “It’s heartwarming to see how small acts of kindness can brighten someone else’s day. I loved seeing all the creative ways people used the money to spread cheer.”

#3. 2018: ‘Meet Klickmas, the World’s First Year Round Christmas Agency’ transforms Klick into Klickmas, the world’s first all-Christmas all-the-time ad agency. A Strategist said it made them feel good about joining, “an agency that liked to have a laugh, poke fun at themselves, and really just embrace some of the silliness of the holiday season.”

#4. 2014: ‘Klick Epic Office Remix with Andrew Huang’ shows the YouTube sensation turning Klick’s office sounds into a must-see (and hear) remix of a holiday classic. A Communications team member said, “It was fun for so many Klicksters to star in the video and work with Andrew to create the coolest version of Jingle Bells we'd ever heard. People said they watched our video over and over because it was so fascinating!"

“We are extremely proud of this beloved tradition,” said Chief Creative Officer Rich Levy. “With over 60 million views, Klick’s holiday videos continue to inspire joy and connection among clients, partners, and the public. This tradition not only celebrates the agency’s culture, but also supports meaningful causes — like the Foundation for Social Connection (F4SC).

Indie Agency News recently called ‘Holiday Hugs’ “what may be the most wholesome imaginable use of AI-generated imagery,” while Ad Age showcased it in “Campaigns to Know About Today.” Jillian Racoosin Kornmeier, Executive Director of F4SC said that the organization, “is proud to partner with Klick Health to bring loved ones closer and promote the transformative power of a hug.”

Klick is donating $1 to F4SC for every view of ‘Holiday Hugs’ (up to $10,000). Visit YouTube to watch ‘Holiday Hugs’ and Klick’s ‘Quick Guide to Creating the Perfect A.I. Hug.’

About Klick Health

Klick Health is the world’s largest independent commercialization partner for life sciences, focused on hacking the boundaries of health by developing, launching, and supporting life sciences brands to achieve their full potential. The agency provides best-in-class marketing and advertising, media strategy and purchasing, medical affairs and medical communications, value and market access services, as well as enterprise omnichannel enablement among its specialized offerings. Klick’s client service is rooted in deep medical and scientific understanding, enabled by over 185 post-graduate, in-house medical experts; unrivaled decision sciences capabilities; and innovative, results-driven creative.

One of the most-awarded advertising agencies on the planet, Klick was named 2024 Clio Health Independent Agency of the Year, London International Awards Global (and Regional) Independent Health & Pharma Agency of the Year, as well as Cannes Lions #2 Healthcare Agency and #2 Healthcare Network for the second year running. Cannes Lions also recognized Klick as the 2024 #3 Independent Agency of the Year. In 2024, Klick won over 140 top creative honors, including the coveted Cannes Lions Innovation Grand Prix, and eight agency distinctions from the most respected advertising awards shows. Klick has also been ranked a Best Managed Company, Great Place to Work, Best Workplace for Women, Best Workplace for Inclusion, Best Workplace for Professional Services, Most Admired Corporate Culture, and a FORTUNE Best Workplace in Advertising.

Established in 1997, Klick Health (including Klick Katalyst and btwelve) has offices in New York, Philadelphia, Toronto, London, São Paulo, and Singapore. It is part of the Klick Group of companies, which also includes Klick Media Group, Klick Applied Sciences (including Klick Labs), Klick Consulting, Klick Ventures, and Sensei Labs. Follow Klick Health on LinkedIn and for more information on joining Klick, go to careers.klick.com.

Press
For more information, please contact Marisa McWilliams at pr@klick.com or (416) 214-4977

BRAMPTON, Ontario--(BUSINESS WIRE)--DATA Communications Management Corp. (TSX: DCM; OTCQX: DCMDF) (“DCM” or the "Company"), a leading Canadian provider of print and digital solutions that help simplify complex marketing communications and workflow, today celebrated the 20th anniversary of its listing on Toronto Stock Exchange (“TSX”) by participating in today’s market-opening ceremony.

To mark the occasion, DCM President & CEO Richard Kellam, CFO James Lorimer and members of DCM’s leadership team joined representatives of TSX to ring the opening bell, symbolizing 20 successful years as a public company.

“We are pleased to be recognized by TSX for reaching this 20-year milestone as a public company and to reflect on the progress we have made transforming our business to meet the evolving needs of our clients and leveraging technology and innovation to enhance our product and service offerings,” said Kellam.

Added Kellam: “We are particularly proud of the strong and enduring client relationships we have built over the last two decades with leading Canadian companies across a broad range of industries including financial services, transportation, retail, government, healthcare and lottery. We look forward to continuing to serve these clients and to driving the growth of our business and creating value for all our stakeholders over the next two decades and beyond.”

About DATA Communications Management Corp.

DCM is a leading Canadian tech-enabled provider of print and digital solutions that help simplify complex marketing communications and operations workflow. DCM serves over 2,500 clients including 70 of the 100 largest Canadian corporations and many leading government agencies. Our core strength lies in delivering individualized services to our clients that simplify their communications, including customized printing, highly personalized marketing communications, campaign management, digital signage and digital asset management. From omnichannel marketing campaigns to large-scale print and digital workflows, our goal is to make complex tasks surprisingly simple, allowing our clients to focus on what they do best.

Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on SEDAR+ at www.sedarplus.ca.

FORWARD-LOOKING STATEMENTS

Certain statements in this press release constitute “forward-looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of DCM, or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward-looking statements. When used in this press release, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, and other similar expressions are intended to identify forward-looking statements. These statements reflect DCM’s current views regarding future events and operating performance, are based on information currently available to DCM, and speak only as of the date of this press release.

These forward-looking statements involve a number of risks, uncertainties, and assumptions. They should not be read as guarantees of future performance or results and will not necessarily be accurate indications of whether or not such performance or results will be achieved. Many factors could cause the actual results, performance, objectives or achievements of DCM to be materially different from any future results, performance, objectives or achievements that may be expressed or implied by such forward-looking statements. Additional factors are discussed under the headings "Liquidity and capital resources" and “Risks and Uncertainties” in DCM’s Management Discussion and Analysis and in DCM’s other publicly available disclosure documents, as filed by DCM on SEDAR+ (www.sedarplus.ca).

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, estimated or expected. Unless required by applicable securities law, DCM does not intend and does not assume any obligation to update these forward-looking statements.

For further information
Mr. Richard Kellam
President and Chief Executive Officer
DATA Communications Management Corp.
Tel: (905) 791-3151

Mr. James E. Lorimer
Chief Financial Officer
DATA Communications Management Corp.
Tel: (905) 791-3151
ir@datacm.com

University of Toronto Press is pleased to represent Bristol University Press on campuses in North America, increasing access to international educational materials.

TORONTO--(BUSINESS WIRE)--University of Toronto Press (UTP), Canada’s largest university press and leading academic publisher, is pleased to announce it is now representing Bristol University Press, a UK-based academic publisher, across college and university campuses in Canada and the U.S. This collaboration marks an expansion of UTP's sales representation in the region.

UTP's sales team will represent Bristol University Press titles alongside its own as well as titles published by other university presses, including Hopkins University Press. This includes textbooks, digital content, and other resources designed to support university and college-level teaching and learning. This initiative enriches the diversity of academic resources available to educators and students and underscores UTP's commitment to broadening its sales offerings for academic institutions.

“We are seeing growing demand for diverse, high-quality resources that directly enhance the educational experience. As we continue to expand strategic partnerships to meet this demand, we are thrilled to work with Bristol University Press to represent its internationally respected scholarship,” says Antonia Pop, Vice President, Publishing at UTP. “Our team has strong, personal relationships with universities and colleges across North America, ensuring direct and meaningful presence in the region.”

“We are delighted to work with UTP to represent our authors in the higher education community in Canada and the U.S.,” says Alison Shaw, CEO of Bristol University Press. “Many of our titles address the social, economic, political and environmental challenges the world faces and will be impactful additions to universities and colleges where these discussions are already taking place.”

Leveraging its unique position as an academic publisher with a dedicated campus sales team, UTP continues to foster global connections and contribute to a more vibrant and sustainable educational landscape in North America.

About Bristol University Press
Winner of the IPA Independent Academic and Professional Publisher of the Year 2024 award, Bristol University Press, along with its imprint Policy Press, is a UK-based academic publisher committed to publishing high-quality international scholarship in the social sciences and aligned disciplines, with a focus on global social challenges. For more information, please visit https://bristoluniversitypress.co.uk/.

About the University of Toronto Press
The University of Toronto Press (UTP) is one of the largest university presses in North America, publishing landmark scholarship since 1901. Each year UTP releases over 250 new scholarly, course, and general interest books in both print and ebook format and over 80 journals. In addition, UTP manages the distribution for over 200 publishers and imprints in Canada, the US, and around the world, with warehouses in Toronto, Ontario and Buffalo, New York. UTP also runs all of the University of Toronto Bookstores across the three main campuses, serving over 95,000 students and 15,000 faculty. For more information, please visit utorontopress.com.

MEDIA
Anne-Marie Tremble, Senior Account Manager, Talk Shop Media
annemarie@talkshopmedia.com | 613-914-3551

MISSISSAUGA, Ontario--(BUSINESS WIRE)--VIQ Solutions Inc. (“VIQ”, “VIQ Solutions” or the “Company”) (TSX: VQS), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, today announces the retirement of Susan Sumner as Chief Operating Officer and President of the Company. Ms. Sumner will continue as a part-time advisor to the Company until January 31, 2025. In connection with her retirement, Ms. Sumner has informed the Company that she will resign from her director position on the board of directors of the Company (the “Board”) as of January 31, 2025.

Ms. Sumner has served as Chief Operating Officer of VIQ since July 2018, President of VIQ since February 2021, and has been a member of the Board since April 2022.

Sebastien Pare, Chief Executive Officer and Director of VIQ stated: “It has been an honor and a privilege to have worked with Susan over the last number of years. Over the years, Susan has offered a lot of time, effort and encouragement while performing her roles at the Company and has been part of moving VIQ forward throughout her time with us. All of us at VIQ thank Susan for her contributions to our success over the years.”

For more information about VIQ, please visit viqsolutions.com.

About VIQ Solutions

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

Forward-looking Statements

Certain statements included in this press release constitute forward-looking statements or forward-looking information (collectively, “forward-looking statements”) under applicable securities legislation. Such forward- looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

Forward-looking statements (typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words, including negatives thereof, suggesting future outcomes or that certain events or conditions “may” or “will” occur). These statements are only predictions. Forward-looking statements in this press release include but are not limited to statements with respect to finding a replacement for Susan Sumner.

Forward-looking statements are based on several factors and assumptions which have been used to develop such statements, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because VIQ can give no assurance that such expectations will prove to be correct.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors described in greater detail in the “Risk Factors” section of the Company’s annual information form and in the Company’s other materials filed on SEDAR+ at www.sedarplus.ca.

These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Such estimates and assumptions may prove to be incorrect or overstated. The forward-looking statements contained in this press release are made as of the date of this press release and the Company expressly disclaims any obligations to update or alter such statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Jacob Manning VIQ Solutions
Email: marketing@viqsolutions.com

TORONTO--(BUSINESS WIRE)--Messagepoint Inc. announced it has been named a Leader in the IDC MarketScape: Worldwide Intelligent Customer Communications Management 2024 Vendor Assessment (Doc #US51359124, December 2024) and the IDC MarketScape: Worldwide Automated Document Generation 2024 Vendor Assessment (Doc #US52111324, December 2024).

Messagepoint is positioned in the Leaders Category in both of these reports which focus on solutions for managing personalized customer communications. The IDC MarketScape for Intelligent Customer Communications Management evaluates vendors that natively own or integrate forms technology and artificial intelligence, or generative AI (GenAI) features for the enhancement of automation in content creation, management or insights and discusses the shift from traditional document generation to a more intelligent communication platform. The IDC MarketScape for Automated Document Generation examines the automated generation of documents and communications for multichannel delivery while highlighting the shift of document generation to a more personalized form of communication outside of traditional regulated requirements. Vendor inclusion criteria involved a comprehensive survey and investigation of each vendor to ensure their offerings were qualified by capabilities and strategies related to success in the CCM market. The report provides a comparative evaluation of the criteria that are most valuable to a company when choosing a CCM solution.

We believe recognition as a Leader in intelligent customer communications management applications underscores Messagepoint’s commitment to providing modern approaches and solutions leveraging AI and machine learning (ML) to optimize the way organizations create, deliver and manage customer communications across multiple channels. For the past eight years, Messagepoint has invested in a specialized AI team focused on enhancing the capabilities of the company’s proprietary AI and ML engine, Messagepoint Advanced Rationalization and Content Intelligence Engine (MARCIE), making the platform exceptionally qualified to deliver dynamic digital experiences efficiently at scale. Messagepoint stands alone in its ability to provide a flexible content system that facilitates headless CCM capabilities for supporting digital communications and seamlessly integrate with platforms like Unqork to provide codeless content management and application development hooks for creating comprehensive digital experiences.

“Messagepoint’s AI-powered platform continues to change traditional customer communications management with its ability to incorporate intelligence that makes real-time, contextually relevant experiences possible. Another important element to AI/ML/GenAI is Messagepoint’s AI-based search and content intelligence features for content authors and curators to effectively leverage content snippets as a foundation for creating highly personalized communications across digital channels,” said Marci Maddox, research director, enterprise content strategies at IDC and author of the report.

Messagepoint has pioneered advancements in the industry by being the first to introduce AI-powered Assisted Authoring, content rationalization and migration through its MARCIE platform. The solution provides a no-code platform for business users, offering a modern and comprehensive cloud-based approach that enhances the speed and efficiency of communications management. Messagepoint also provides organizations with the ability to utilize centrally managed and controlled content objects across various digital channels, eliminating redundant content operations that typically come with managing multiple channels. According to the IDC MarketScape for Intelligent CCM, “Messagepoint’s AI-Assisted Authoring tool optimizes content creation by identifying redundancies, improving readability, and suggesting alternative personalized phrasings while ensuring brand consistency, translation and translation accuracy, proactively identifying and addressing potential issues related to sentiment, and reading levels acting as a compliance agent to validate against standards.”

The IDC MarketScape for Intelligent CCM report also noted, “Messagepoint Touchpoint Exchange acts like a communications app store to an intelligent content hub, allowing customers and partners to efficiently create, distribute, and manage content across various channels, with customizable templates and prebuilt touch points to accelerate content development and streamline communication processes.” The solution makes it possible to efficiently create, distribute and manage content across various channels, with customizable templates and pre-built touchpoints to accelerate content development and streamline communication processes.

“We are honored to be recognized as a Leader in two important IDC MarketScape reports for CCM,” said Steve Biancaniello, CEO of Messagepoint. “With the market evolving rapidly, AI is set to play an even more significant role in shaping the future of customer communications, making implementing digital strategies critical to enhancing the customer experience. By staying ahead of the curve, we are able to help organizations capitalize on both of these dynamics by leveraging the power of AI and digital innovation to drive meaningful growth and customer satisfaction.”

To access the IDC Marketscape report, click here.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors, can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Messagepoint

Messagepoint is a leading provider of customer communications management software. Only Messagepoint harnesses AI-powered Content Intelligence to automate and simplify the process of migrating, optimizing, authoring and managing complex customer communications for non-technical (business) users. Customers rely on its award-winning platform to consistently deliver exceptional, highly personalized customer communications across all platforms and channels. For more information, visit www.messagepoint.com.

Patricia Kilgore
Sterling Kilgore
pkilgore@sterlingkilgore.com

Klick Health’s ‘Holiday Hugs,’ produced in support of the Foundation for Social Connection, encourages viewers to “hug someone you love”

TORONTO & NEW YORK--(BUSINESS WIRE)--#AI--When dozens of Klick Health team members said they wouldn’t be able to hug loved ones over the festive season, the company turned to AI and other magic to orchestrate a series of sentimental, surprise reunions captured in its ‘Holiday Hugs’ video, released today. The heartwarming four-minute video, benefitting the D.C.-based Foundation for Social Connection (F4SC), parallels recent findings from a Maru/Blue Public Opinion survey commissioned by Klick.

The poll found 74 percent of Americans and Canadians won’t be able to hug at least one person they wish they could over the holidays. And like those in the video, survey participants cited geographical distance and loved ones having passed away as the leading factors preventing their hugs.

“I just wish I could really squeeze her right now,” says teary-eyed New York Klickster Kari Bocassi watching her AI-generated hug with her sister Marlene, moments before she bursts onto the set for a long in-person embrace. The siblings have spent the past 14 years caring for their mother since her Alzheimer’s diagnosis, but haven’t been together for the holidays since Marlene moved to Virginia. Similarly, Toronto’s Fred Duarte gets the bear hug of his life when his brother Rico, who lives in Brazil, walks into Klick’s production studio for their first holiday reunion in seven years.

Embracing the Health Benefits of Hugs
‘Holiday Hugs’ also taps into the fact that hugs don’t just make people feel better emotionally, they also have numerous health benefits. According to the National Institutes of Health, hugs can lower blood pressure and boost the immune system.

Jillian Racoosin Kornmeier, Executive Director of the Foundation for Social Connection said, “The holidays can often heighten experiences of loneliness and isolation, but hugs offer a simple, meaningful way to foster greater social connection and well-being. This season, the Foundation for Social Connection is proud to partner with Klick Health to bring loved ones closer and promote the transformative power of a hug.”

“There’s nothing quite like the warmth and reassurance of a heartfelt hug,” added Klick’s Chief Creative Officer Rich Levy. “With ‘Holiday Hugs,’ we wanted to celebrate the profound connections that hugs create — even when distance or life circumstances keep us apart. Seeing the joy and tears of our Klicksters reminds us that no technology can truly replace the magic of human connection, but it can help bring us closer in the most surprising ways.”

Key Findings from Public Opinion Survey on Hugs

• Three-in-four (74 percent) of the North Americans polled said there is at least one person they wish they could hug this holiday season, but won't be able to.

• Geographical distance was the reason why about half (48 percent) of respondents were not getting that hug, while about three-in-five (62 percent) said the person they wanted to hug passed away.

• Holidays aside, more than half (52 percent) of those surveyed said they could use at least a few more hugs, while only 31 percent said they get all the hugs they could want.

• Interestingly, more than half (54 percent) of people said they hug about the same as they did before the pandemic, while 34 percent said they hug less and 12 percent said they hug more.

‘Holiday Hugs’ was filmed in Klick’s in-house Studio K production facility, with original soundtrack by Canadian-Screen-Award-winner Antonio Naranjo. The company’s creative production team took Klicksters’ photo submissions and transformed them into life-like hug videos using the Gen-3 Alpha Turbo tool by Runway. Plus, Klick animators created a handy how-to-video for anyone who wants to create their own AI-generated holiday hugs.

For the last 15 years, Klick’s annual holiday videos have inspired millions of people around the world with themes of kindness, creativity, and connection. ‘Holiday Hugs’ can be viewed, liked, and shared on YouTube. For every view, Klick will donate $1 to the F4SC (up to $10,000).

About The Survey
This Maru Public Opinion survey conducted on behalf of Klick Health was undertaken by the sample and data collection experts at Maru/Blue. In the US, 1,519 randomly selected American adults who are Unlock Surveys online panelists were surveyed from October 31st to November 1st, 2024. For comparison purposes, a probability sample of this size has an estimated margin of error (which measures sampling variability) of +/- 2.5%, 19 times out of 20. The results have been weighted by age, gender, race and region to match the population according to Census data which ensures the sample is representative of the entire adult population. Discrepancies in or between totals when compared to the data tables are due to rounding. In Canada, 1,516 randomly selected Canadian adults who are Maru Voice Canada online panelists were surveyed from October 31st to November 1st, 2024. The results of this study have been weighted by education, age, gender, and region (and in Quebec, language) to match the population, according to Census data. This is to ensure the sample is representative of the entire adult population of Canada. For comparison purposes, a probability sample of this size has an estimated margin of error (which measures sampling variability) of +/- 2.5%, 19 times out of 20. Discrepancies in or between totals when compared to the data tables are due to rounding.

About Klick Health
Klick Health is the world’s largest independent commercialization partner for life sciences, focused on hacking the boundaries of health by developing, launching, and supporting life sciences brands to achieve their full potential. The agency provides best-in-class marketing and advertising, media strategy and purchasing, medical affairs and medical communications, value and market access services, as well as enterprise omnichannel enablement among its specialized offerings. Klick’s client service is rooted in deep medical and scientific understanding, enabled by over 185 post-graduate, in-house medical experts; unrivaled decision sciences capabilities; and innovative, results-driven creative.

One of the most-awarded advertising agencies on the planet, Klick was named 2024 Clio Health Independent Agency of the Year, London International Awards Global (and Regional) Independent Health & Pharma Agency of the Year, as well as Cannes Lions #2 Healthcare Agency and #2 Healthcare Network for the second year running. Cannes Lions also recognized Klick as the 2024 #3 Independent Agency of the Year. In 2023, Klick won 160 top creative honors and seven agency distinctions from the most respected advertising awards shows. Klick has also been ranked a Best Managed Company, Great Place to Work, Best Workplace for Women, Best Workplace for Inclusion, Best Workplace for Professional Services, Most Admired Corporate Culture, and a FORTUNE Best Workplace in Advertising.

Established in 1997, Klick Health (including Klick Katalyst and btwelve) has offices in New York, Philadelphia, Toronto, London, São Paulo, and Singapore. It is part of the Klick Group of companies, which also includes Klick Media Group, Klick Applied Sciences (including Klick Labs), Klick Consulting, Klick Ventures, and Sensei Labs. Follow Klick Health on LinkedIn and for more information on joining Klick, go to careers.klick.com.

About The Foundation for Social Connection (F4SC)
The Foundation for Social Connection (F4SC) was founded in 2020 with the vision of a vibrant society where social connection is at the heart of how we live. As the leading US organization focused on addressing our crisis of disconnection, our mission is to advance social connection nation-wide rooted in evidence for our collective well-being. Together with our Scientific Leadership Council, Action Network, and partners, we translate research into practice, create long-lasting partnerships and convening opportunities for field builders, and prioritize social connection as a national value powered by lived experiences.

Press
Marisa McWilliams or Erin O’Sullivan at pr@klick.com or (416) 214-4977

The new journal is dedicated to advancing neonatal care through global collaboration and clinical case reports

TORONTO--(BUSINESS WIRE)--The University of Toronto Press (UTP), Canada’s largest university press and leading academic publisher, today announced its plan to launch the Journal of Clinical Insights in Neonatology. The new publication is dedicated to advancing the field of neonatology through high-quality clinical case reports and research and is developed in partnership with the Toronto Centre for Neonatal Health (TCNH). TCNH is a collaboration among The Hospital for Sick Children (SickKids), Mount Sinai Hospital, St. Michael’s Hospital, and Sunnybrook Health Sciences Centre.

The Journal will serve as a platform for neonatologists, clinicians, and researchers from around the world to share and discuss complex and impactful case studies. The first issue will be published in the spring of 2025.

"The Toronto Centre for Neonatal Health identified a critical need for a dedicated platform for the global community of neonatologists to collaborate and share insights. In line with our mission of connecting ideas for a better world, we are thrilled to partner with the TCNH to develop this essential publication," says Antonia Pop, Vice President, Publishing Division at UTP. "The Journal will deliver important insights to support healthcare professionals and ultimately improve outcomes for newborns worldwide."

"The launch of the Journal of Clinical Insights in Neonatology represents a pivotal moment in neonatal research and care," says Dr. Estelle B. Gauda, Head of Neonatology at SickKids and Director of the Toronto Centre for Neonatal Health. "By focusing on clinical case reports, we are enhancing the exchange of critical knowledge that can lead to innovative treatments and better care for our most vulnerable patients."

About the Toronto Centre for Neonatal Health

A collaboration among The Hospital for Sick Children (SickKids), Mount Sinai Hospital, St. Michael’s Hospital, and Sunnybrook Health Sciences Centre, the Toronto Centre for Neonatal Health (TCNH) is a collective of healthcare professionals and experts striving to provide the best outcomes possible for newborns and families through Community, Advocacy, Research and Education (CARE). For more information, please visit https://torontocentreforneonatalhealth.com.

About the University of Toronto Press

The University of Toronto Press (UTP) is one of the largest university presses in North America, publishing landmark scholarship since 1901. Each year UTP releases over 250 new scholarly, course, and general interest books in both print and ebook format and over 80 journals. In addition, UTP manages the distribution for over 200 publishers and imprints in Canada, the US, and around the world, with warehouses in Toronto, Ontario and Buffalo, New York. UTP also runs all of the University of Toronto Bookstores across the three main campuses, serving over 95,000 students and 15,000 faculty. For more information, please visit utorontopress.com.

MEDIA CONTACT
Anne-Marie Tremble, Senior Account Manager, Talk Shop Media
annemarie@talkshopmedia.com | 613-914-3551

TORONTO--(BUSINESS WIRE)--Everybody Loves Languages Corp. . (“ELL”) (TSX-V: ELL; OTC: LMDCF; FSE: LIMA), www.everybodyloveslanguages.com, an edtech language learning edutainment and content development company announces its financial results for the third quarter ended September 30, 2024. All figures are reported in Canadian Dollars and are in accordance with International Financial Reporting Standards unless otherwise noted.

Q3 2024 Operational Highlights

• Online English Language Learning:
  • ELL’s AcadeMe Junior program:
    • Created 2200 new Disney inspired illustrations which were implemented in the content
    • Developed 8 booklets with 400+ printable worksheets
  • English AcadeMe
    • Delivered 240 new lessons
  • English for Success:
    • Enhanced 600 lessons in the Portuguese world languages
  • Onboarded new distributors in Colombia, Peru, and Uruguay
• Content-Based English Language Learning:
  • Continued to develop content for the latest revision of the PEP books
  • Expanded sales in one additional province in China

Q3 2024 Financial Highlights

• Revenue for the third quarter ended September 30, 2024 totalled $297,273 as compared to $123,866 in Q3 2023.
• Operating and development expenses for the quarter ended September 30, 2024 totaled $496,213 compared to the expenses of $443.975 in Q3 2023. Included as a reduction of selling, general and administrative expenses are government grants of $45,000 as compared to $53,393 relating to the Company's publishing and software projects in Q3 2023.
• Net loss for the quarter ended September 30, 2024 was $(215,757) or $(0.01) loss per share (basic) based on 35.6 million shares and $(0.01) loss per share (diluted) based on 37.6 million shares as compared to a net loss of $(282,532) for Q3 2023 or $(0.01) loss per share (basic and diluted) based on 35.6 million shares.
• Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(198,940) in Q3 2024 compared to the loss of $(320,109) in Q3 2023.

Financial Highlights for the Nine-Month Period Ended September 30, 2024

• Revenue for the nine-month period ended September 30, 2024 totalled $1,438,538 compared to $1,338,660 for the same period in 2023.
• Operating and development expenses for the nine-month period ended September 30, 2024 totaled $1,555,873 as compared to $1,661,786 for the same period in 2023.
• Net loss for the nine-month period was $(165,940) as compared to net loss of $(321,530) for the same period in 2023.
• Loss before amortization, share-based payments, depreciation, finance charges and taxes was $(117,335), as compared to $(323,126) for the same period in 2023.

“We continuously refine our products, leveraging market feedback to drive meaningful enhancements. Currently, we're advancing development to optimize mobile accessibility, with completion targeted for the fourth quarter,” said Gali Bar-Ziv, President & CEO of Everybody Loves Languages.

The unaudited condensed interim financial statements for the quarter ended September 30, 2024 and Management Discussion & Analysis are available at www.sedarplus.ca.

About Everybody Loves Languages Corp. (TSX-V: ELL; OTC: LMDCF; FSE: LIMA):

Everybody Loves Languages Corp. is an edtech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology.

The Company provides online and print-based solutions through two distinct business units: Everybody Loves Languages Inc. and Lingo Learning Inc. Everybody Loves Languages is a state-of-the-art technology platform that delivers personalized learning experiences in classrooms and online. Its programs provide innovative SaaS-based eLearning solutions, including online and offline content, a learning management system, assessments, real-time reports, speech recognition technology, and white-label tools. At the same time, Lingo Learning is the content development arm and co-publishes print-based English language learning materials in China.

Everybody Loves Languages has established successful relationships with key government and industry organizations internationally, with a presence in LATAM and China, and continues to expand its product offerings and extend its market reach.

Follow Everybody Loves Languages on social media:

Facebook: https://www.facebook.com/everybodyloveslanguages
Twitter: twitter@elltechnologies
YouTube: Everybody Loves Languages (ELL)
LinkedIn: https://www.linkedin.com/company/elltechnologies

Portions of this press release may include "forward-looking statements" within the meaning of securities laws. These statements involve known and unknown risks, uncertainties or other factors that could cause actual results to differ materially from the results, performance, or expectations implied by these forward-looking statements. These statements are based on management's current expectations and involve certain risks and uncertainties. Actual results may vary materially from management's expectations and projections and thus readers should not place undue reliance on forward-looking statements. Everybody Loves Languages has tried to identify these forward-looking statements by using words such as "may," "should," "expect," "hope," "anticipate," "believe," "intend," "plan," "estimate" and similar expressions. Everybody Loves Languages’ expectations depend upon general economic conditions, the continued and growth in demand for its products, retention of its key management and operating personnel, its need for and availability of additional capital and other uncontrollable or unknown factors. No assurance can be given that the actual results will follow the forward-looking statements. Except as otherwise required by securities laws, Everybody Loves Languages undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, changed circumstances or any other reason. Certain factors that can affect the Company's ability to achieve projected results are described in the Company's filings with the Canadian securities regulators available on www.sedar.com.

___________________________________________________________________________________________________
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

For further information, contact:
Everybody Loves Languages

Corporate Communications
Khurram Qureshi
Tel: (647) 831-1462
Email: kqureshi@elltechnologies.com

Media Relations
Dwain Schenck
Tel: (203)-223-5230
Email: dwain@schenckstrategies.com

University of Toronto Press is proud to represent Hopkins Press books in the North American campus market, increasing access to international scholarly works and course materials.

TORONTO--(BUSINESS WIRE)--University of Toronto Press (UTP), Canada’s largest university press and leading academic publisher, is proud to announce a new partnership with Hopkins Press, one of the largest university presses in the United States. This collaboration marks a significant expansion of UTP's campus representation services, offering an expanded catalogue of highly esteemed course materials to North American college and university students and faculty.

UTP has a long history of serving scholarly and professional societies with publishing and sales services, as well as supporting book publishers with distribution services. The new partnership with Hopkins Press marks an expansion to also offer representation for international publishers into North American higher education. As the first publisher to partner with UTP in this area, UTP's sales team will now represent Hopkins Press titles alongside its own when visiting US and Canadian campuses.

“We are thrilled to build on our long-standing relationship with Johns Hopkins University Press, a publisher we have proudly collaborated with for many years,” says Lily Bergh, Director of Business Development at UTP. “This partnership enhances the diversity of course materials available to students and faculty and underscores our commitment to supporting global academic discourse.”

“Expanding our partnership with the University of Toronto Press aligns with our shared values of advancing scholarly works and fostering academic excellence,” says Davida Breier, Co-Director, Marketing and Sales at Hopkins Press. “UTP's strong relationships with US and Canadian universities and colleges make them an ideal partner to help us better reach this critical audience. Together, we are empowering educators and students by providing greater access to our publications.”

This collaboration builds upon the successful partnership established in 2022 between UTP Distribution and Hopkins Fulfillment Services (HFS) for the distribution of Hopkins titles in Canada and distribution of UTP titles in the US, as well as the decades-long representation of UTP content within Project MUSE. The continued support and cooperation between the two publishers provide a strong foundation to continue to disseminate great content across trade, academic and higher education audiences.

About Hopkins Press

At Hopkins Press, we publish trusted scholarship and connect people to evidence-based knowledge from leading experts, in alignment with Johns Hopkins University’s mission to bring the benefits of discovery to the world. Our vision—that every person’s life be strengthened by knowledge—serves to energize us every day. Whether through our expansive book collection, broad catalog of scholarly journals, vast and immersive aggregation of humanities and social sciences content with Project MUSE®, or book distribution and sales services via Hopkins Fulfillment Services, we embrace diversity, equity, inclusion, and access as we strive to bring enhanced knowledge to all. For more information, please visit https://www.press.jhu.edu/.

About the University of Toronto Press

The University of Toronto Press (UTP) is one of the largest university presses in North America, publishing landmark scholarship since 1901. Each year UTP releases over 250 new scholarly, course, and general interest books in print, ebook and audio format and over 80 journals. In addition, UTP manages the distribution for over 200 publishers and imprints in Canada, the US, and around the world, with warehouses in Toronto, Ontario and Buffalo, New York. UTP also runs all of the University of Toronto Bookstores across the three main campuses, serving over 95,000 students and 15,000 faculty. For more information, please visit utorontopress.com.

MEDIA CONTACT
Anne-Marie Tremble, Senior Account Manager, Talk Shop Media
annemarie@talkshopmedia.com | 613-914-3551

TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three months and year ended August 31, 2024.

“While we continue to operate in a challenging advertising marketplace dominated by large, foreign media platforms, Postmedia achieved some important milestones during the quarter that give us optimism around the future of Canadian news media. It is clear from our digital audience that Canadians look to us to provide accurate and timely local, provincial, and national news,” said Andrew MacLeod, President and CEO.

“We are appreciative of the Ontario government’s recent policy change to support local media in Ontario. We hope to see similar initiatives from governments and corporate Canada.

We are encouraged by the successful completion of the C-18 negotiations and look forward to the release of funding.

The improving environment gave us confidence to both step into a challenging situation in Atlantic Canada and save local news brands that have operated in those provinces for over 150 years and to invest millions of dollars in a new digital platform with improved capabilities.

While we are seeing successes, this work must be augmented and supported by a renewed commitment from Canadian governments to ensure trusted journalism is delivered for Canadians across the country.”

Fourth Quarter Operating Results

Revenue for the quarter was $93.2 million as compared to $101.3 million in the same period in the prior year, representing a decrease of $8.1 million (8.0%). The revenue decrease was primarily due to decreases in advertising revenue of $3.6 million (7.7%) circulation revenue of $2.3 million (6.7%) and other revenue of $2.8 million (32.8%), partially offset by increases in parcel revenue of $0.6 million (5.1%).

Total operating expenses excluding depreciation, amortization and restructuring decreased $18.5 million, or 18.6%, for the quarter ended August 31, 2024, relative to the same period in the prior year. The decrease relates to decreases in compensation, newsprint, production and other operating expenses, partially offset by an increase in distribution expense.

Operating income before depreciation, amortization and restructuring in the quarter was $12.2 million, an increase of $10.3 million relative to the same period in the prior year. The increase in operating income before depreciation, amortization and restructuring is due to a decrease in operating expenses excluding depreciation, amortization and restructuring, partially offset by a decrease in total revenue.

Net loss in the quarter ended August 31, 2024 was $3.1 million, as compared to a net loss of $11.0 million in the same period in the prior year. The decrease in net loss was primarily the result of an increase in operating income before depreciation, amortization and restructuring, an increase in foreign currency gains, and a decrease in restructuring expenses, partially offset by an increase in interest expense, loss on disposal of property, plant and equipment, right-of-use assets, and assets held-for-sale.

Fiscal 2024 Operating Results

Revenue for the year ended August 31, 2024 was $395.9 million as compared to $448.5 million in the same period in the prior year, a decrease of $52.6 million or 11.7%. The revenue decrease was primarily due to decreases in advertising revenue of $35.9 million (16.2%), circulation revenue of $16.9 million (11.5%) and other revenue of $7.6 million (20.4%), partially offset by increases in parcel revenue of $7.8 million (17.9%).

Total operating expenses excluding depreciation, amortization and restructuring decreased $56.7 million or 13.0% for the year ended August 31, 2024, relative to the same period in the prior year. The decrease relates to decreases in compensation, newsprint, production and other operating expenses, partially offset by an increase in distribution expense.

Operating income before depreciation, amortization and restructuring of $14.8 million in the year ended August 31, 2024 represents an increase of $4.2 million relative to the same period in the prior year. The increase is due to a decrease in operating expenses excluding depreciation, amortization and restructuring, partially offset by a decrease in total revenue.

Net loss in the year August 31, 2024 was $49.7 million, as compared to a net loss of $72.6 million in the same period in the prior year. The decrease in net loss is primarily the result of an increase in operating income before depreciation, amortization and restructuring, an increase in gain on derivatives and financial assets and foreign currency gains, and a decrease in interest expense, partially offset by an increase in interest expense, an increase in loss on disposal of property and equipment, right-of-use assets, and assets held-for-sale.

Acquisition of The Halifax Herald Limited and Saltwire Network Inc.

On August 25, 2024, PNI Maritimes LP completed the purchase (the “Saltwire Asset Purchase Transaction”) of certain businesses and assets of Saltwire Network Inc. and The Halifax Herald Limited (collectively, “Saltwire”), pursuant to an Asset Purchase Agreement dated July 25, 2024 (the “Saltwire Purchase Agreement”). Postmedia intends to continue operations of certain Saltwire publications, leveraging existing Postmedia newsmedia back-office resources and operational infrastructure to ensure there continues to be reliable and high-quality local news provided to the affected communities. The acquisition included Saltwire’s daily and weekly papers, and parcel delivery business. The purchase price consisted of $1 million of cash consideration and $3.1 million of estimated contingent consideration.

Additional Information

Additional information, including financial statements and management’s discussion and analysis can be found on the Company’s website at www.postmedia.com or on SEDAR+ at www.sedarplus.ca.

Note: All dollar amounts are expressed in Canadian dollars unless otherwise specified.

About Postmedia Network Canada Corp.

Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print and digital platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. Our expertise in home delivery and expanding distribution network powers Postmedia Parcel Services. For more information, visit www.postmedia.com, www.postmediasolutions.com and www.postmediaparcelservices.com.

Forward-Looking Information

This news release may include information that is “forward-looking information” under applicable Canadian securities laws. The Company has tried, where possible, to identify such information and statements by using words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance. Forward-looking statements in this news release include statements with respect the implementation and results of the Company’s transformation initiatives, continued benefits of historical results into future periods, the realization of anticipated cost savings, the identification and undertaking of ongoing cost savings initiatives. By their nature, forward-looking information and statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties include, among others: competition from digital and other forms of media; the effect of economic conditions on advertising revenue; the ability of the Company to build out its digital media and online businesses; the failure to maintain current print and online newspaper readership and circulation levels; the realization of anticipated cost savings; possible damage to the reputation of the Company’s brands or trademarks; possible labour disruptions; possible environmental liabilities, litigation and pension plan obligations; fluctuations in foreign exchange rates and the prices of newsprint and other commodities.

For a complete list of our risk factors please refer to the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2024 and 2023. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.

Media Contact
Communications
inquiries@postmedia.com

Investor Contact
John Bode
Executive Vice President, Chief Financial Officer and Chief Transformation Officer
investors@postmedia.com