Electronic Servitor Publication Network Inc. (XESP) Finalizes PhiTech Management, LLC Asset Purchase Including Proprietary Digital Engagement Engine(TM)

 

• The Digital Engagement Engine(TM) allows companies to maintain complete control of their content while creating meaningful relationships with new customers and revenue streams
• XESP focuses on three important digital elements to improve client outcomes – connecting with the audience, relating to the community, and influencing positive customer relationships
• XESP plans to expand business development planning and communications through channel partners and consultants, and fully engage in efforts to create rapid expansion and adoption of its managed service product across multiple verticals

Electronic Servitor Publication Network (OTCQB: XESP), a digital engagement company, recently announced the finalization of its purchase of assets of PhiTech Management, LLC, a digital activation and engagement technology company. PhiTech provides customer and content workflow applications to connect people with customized content through dynamic content provisioning, creating relevant digital relationships (https://nnw.fm/WXO0D).

The December 22, 2023, agreement between XESP and PhiTech included PhiTech’s proven proprietary Digital Engagement Engine(TM). This sophisticated tech stack is built on a microservices architecture that helps companies enhance the reach and lift of their content to new or targeted audiences.

The Digital Engagement Engine(TM) combines automation, unique data management, and a modern workflow to achieve superior reach and lift. Using sophisticated data analysis and smart technology, the Digital Engagement Engine(TM) allows companies to maintain complete control of their content while creating meaningful relationships with new customers and revenue streams. It isn’t just another marketing and technology tool but a way to develop real connections with target markets.

“The asset purchase of PhiTech allows XESP to further automate and enhance our foundational digital activation and engagement technology —the Digital Engagement Engine —while bringing increased value, efficiencies, and growth for our customers,” said Peter Hager, CEO of XESP.

XESP focuses on three important digital elements to improve client outcomes:

1. connecting with the audience
2. relating to the community
3. influencing positive customer relationships

Implementing XESP services is effortless for clients and is managed by XESP’s team. XESP has positioned itself as the go-to company for clients looking for growth through optimizing their digital contact with target audiences in non-face-to-face situations.

XESP previously accessed PhiTech technologies, processes, and support through a licensing agreement signed in October 2021. The agreement provided XESP with rights to use PhiTech technology and services for the eSports and eGaming markets, with the right of first refusal for other industries for additional fees. XESP now owns the technology.

“We are excited about this acquisition that further strengthens our capabilities and enhances shareholder and client value. Over the past two years, we had the opportunity to fully assess the capabilities of PhiTech’s technologies through our licensing agreement and to check their fit with the commercialization of our managed services and with our strategic plans,” said Thomas Spruce, XESP COO and sole director. “It quickly became apparent that the fit was a good one, and we then began to pursue bringing those assets into our company.”

XESP plans to expand business development planning and communications through channel partners and consultants and fully engage in efforts to create rapid expansion and adoption of its managed service product across multiple verticals. Through the company’s “Growth as a Service” offering, clients can focus on their brands, core product offerings, and content creation – while XESP manages the technology and outcome.

For more information, visit the company’s website at www.XESPN.com.

NOTE TO INVESTORS: The latest news and updates relating to XESP are available in the company’s newsroom at https://nnw.fm/XESP

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