25 September 2024
Fadel Partners, Inc.
('FADEL', the
'Company' or, together with its subsidiaries, the
'Group')
New Contract Wins
FADEL, the developer of cloud-based brand
compliance and rights and royalty management software, is pleased
to announce three new contract wins across various industries
highlighting the range of go-to-market software applications and
use cases.
The Company has secured deals with L'Oréal US,
the American Hospital Association (AHA), and Wow! Stuff
totalling $0.4m. These new deals highlight the market demand
across FADEL's entire portfolio, from licensing to brand
compliance.
L'Oreal US will be using Brand Vision - Content
Tracking to monitor 2,500 digital assets monthly across 128
direct-to-consumer brand websites, e-retailer platforms, and social
media channels. This will help maintain brand compliance by
identifying assets requiring takedown, renewal, or replacement and
provide evidence and reporting for internal compliance audits,
ensuring consistency across all digital platforms.
On the licensing side, FADEL has also finalized
a deal with the American Hospital Association (AHA). AHA will use
IPM Suite to automate the management of 200-300 licensees,
streamline royalty accounting, and improve operational
efficiency.
Highlighting the momentum of its new SaaS
offering, the Company has won a LicenSee deal with Wow! Stuff, an
award-winning, growing licensee focusing on high-quality, high-tech
toys. Wow! Stuff has strategic licensing partnerships with industry
leaders like Disney and Universal, and has selected LicenSee to
transition from manual, spreadsheet-based royalty calculations to
FADEL's fully automated licensing and royalty management SaaS
platform.
Tarek Fadel,
Chief Executive Officer of FADEL, commented:
"These new contract wins reflect the demand for
our licensing compliance solutions across industries, from
healthcare to consumer brands. We're excited to help clients like
L'Oréal, Wow! Stuff, and the AHA unlock greater efficiency through
our technology and services offerings".
For further
information please contact:
|
Tarek Fadel, Chief Executive Officer
Ian Flaherty, Chief Financial Officer
|
Via Alma
|
|
Cavendish
Capital Markets Limited (Nomad & Broker)
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Tel: +44(0)20 7220 0500
|
|
Jonny-Franklin Adams, Abigail Kelly, Rory Sale
(Corporate Finance)
|
|
|
Tim Redfern, Sunila De Silva (ECM)
|
|
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Alma Strategic
Communications
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Tel: +44(0)20 3405 0205
|
|
Josh Royston, Andy Bryant, Sam Modlin, Robyn
Fisher
|
fadel@almastrategic.com
|
About FADEL
Partners Inc.
FADEL is a developer of cloud-based brand
compliance and rights and royalty management software, working with
some of the world's leading licensors and licensees across media,
entertainment, publishing, consumer brands and hi-tech/gaming
companies. The Group combines the power of rights management and
content compliance with sophisticated content services, AI-powered
visual search and image and video recognition.
FADEL has two main solutions, being IPM Suite
(for rights and royalty management for publishing and licensing)
and Brand Vision (an integrated platform for Brand Compliance &
Monitoring that includes Digital Asset Management, Digital Rights
Management, AI-Powered Content Tracking, and a Content Aggregation
platform with over 100 million Ready-to-License Images).
The Group's main country of operation is the
United States, where it is headquartered in New York, with further
operations in the UK, France, Lebanon, Jordan and India.
For more information, please visit the Group's
website at: www.fadel.com.