VANCOUVER, British Columbia, Aug. 16, 2017 (GLOBE NEWSWIRE) -- HIT Technologies Inc. (TSX VENTURE:HIT) ("HIT" or the "Company"), designer, manufacturer, and distributor of lifestyle brand HITCASE®; is pleased to announce the agreement to a long term sales incentive program with Crowd and Co to support the company's retail activities, specifically in the USA.
The services will be led by Dan Koziol, founder & CEO of Crowd & Company, who was one of the founding team and SVP of Sales & Marketing for LifeProof from 2010 to 2013, where he led the company to over $300 million in sales in 24 months.
The long term engagement of Crowd & Company, a San Diego based full service strategy, sales, marketing and operational consulting company focused on consumer products is a huge win for the company as we have proven that there is a high level of interest in the company's products over the last few months. The company has had multiple meetings with large retail partners and are planning retail launches for early next year. Crowd & Company brings a team with a proven track record of growth and operational excellence in building one of the industry’s most successful and well-known brands in iPhone cases.
“Dan and his team have proven their drive, creativity and operational strength over the last few months in developing strategy, market plans and packaging, and even more exciting is the synergy we've developed between our teams. We are very excited to continue working with them based on successful market validation with top retailers,” said HIT Technologies CEO, Brooks Bergreen.
Dan Koziol, CEO of Crowd & Company said, “We’ve worked very closely with Hitcase these last few months and have built a solid foundation to attack the retail space. Hitcase has a truly fantastic product offering and we look forward to our continued collaboration and push into large retailers this next year.”
The Company also announces that it has cancelled an aggregate of 882,106 previously granted options.
About Crowd & Company
Founded in 2013, Crowd & Company is an infrastructure company. Crowd builds products and markets from ideas, innovations and intellectual property, with a focus on technology sectors such as Health & Fitness, Mobility, Visual, Audio, and more. Crowd’s full-service infrastructure provides expertise and execution in Manufacturing, Logistics, E-commerce, Social Media, Retail Sales and Marketing – up to and including taking the company to a liquidity event.
About HIT Technologies Inc.
HIT Technologies Inc. (TSX VENTURE:HIT) develops and markets a portfolio of products under the brand HITCASE. Their growing lineup includes the HITCASE® SHIELD, an easy to use IP68 waterproof case which compliments their flagship product, the HITCASE PRO which allows users to capture photo and video content hands-free, using a variety of HIT Technologies' patented Railslide® mounts that attach to virtually any surface. Quick mounting TrueLUX® lenses provide a variety of perspectives otherwise not possible. HIT Technologies is headquartered in the outdoor mecca of Vancouver, British Columbia, Canada.
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