March 24, 2023 08:00 ET | Source: Xalles Holdings Inc.
LSS Provides Expanded Shopping Capabilities That Complement our Existing Global Savings Network
WASHINGTON, DC, March 24, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – Xalles Holdings Inc. (OTC: XALL), a fintech holding company providing technology and financial services solutions, today announced that it has executed an acquisition agreement with Florida-based Loyalty Superstore, Inc. (“LSS”) to become a wholly owned subsidiary under Xalles Financial Services Inc.
Loyalty Superstore encompasses 3 unique loyalty, rewards and customer acquisition platforms including the highly customizable National Mall, National Mall Plus and Local Thanks. They provide online shopping experiences directly to consumers and through white-labeled solutions to small and medium sized businesses, membership clubs and non-profits that include consumer cash rebates and discount coupons. The National Mall contains over 1200 major national retailers and Local Thanks provides links to thousands of local merchant coupons.
Martin Berns, CEO of Loyalty Superstore, commented, “Xalles is the perfect match for us. Their Global Savings Network, Artificial Intelligence capabilities and Fintech Solutions will allow us to provide a complete marketing and communication toolbox that has previously been unavailable to the SMB marketplace.”
“We are pleased to announce that the LSS team is joining Xalles at this time as we are assembling a unique combination of consumer shopping experiences,” stated Xalles Holdings CEO Thomas Nash.
LSS was previously a participant in the Xalles Studio. The LSS acquisition is contracted to be completed on or before March 31, 2023.
About Xalles Holdings Inc. (OTC: XALL)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. The company actively seeks acquisition targets in which it can invest and accelerate growth, targeting companies with solid management teams and business models, large total attainable markets (TAM), and lucrative exit opportunities. The company places emphasis on leveraging blockchain and other technologies to provide industry-leading financial reconciliation and auditing solutions, which, over time, will allow for the capture of recurring revenue streams. For more information visit: Xalles.com
ABOUT LOYALTY SUPERSTORE
Loyalty Superstore® (www.loyaltysuperstore.com). and its management team have over 20 years of experience in the incentive industry and in building rewards/rebates web based loyalty shopping mall platforms that showcase over 1200 national merchants. Our one of a kind technology allows clients to customize the platform instantaneously with their own graphics, videos, text and information.
Additionally, the company offers its Local Thanks (http://merchant.localthanks.com) local business to consumer outreach marketing program of marketing designed to bring existing customers back more often and attract new ones.
