Datable Technology Corporation announce that it signed three agreements (the "Agreements") on September 6th and 7th, 2022 with a leading health, hygiene and nutrition company and a leading advertising agency on behalf of a global consumer good company. The agreements are contracted to generate over $140,000 in revenues starting September 2022 and ending in January 2023 with gross margin expected to be consistent with Datable's gross margin of 42% for the six months ending June 30, 2022. The leading health, hygiene and nutrition company first licensed PLATFORM3 in late 2021 for a consumer marketing program that ran in early 2022.

The new Agreement is for a consumer marketing program that rewards consumers for buying products in two national retailers across the U.S. while collecting valuable first-party opt-in consumer data. The advertising agency is the digital division of a global advertising agency that has been licensing PLATFORM3 since 2019 to host its loyalty and consumer data programs on behalf of global consumer goods companies that accounted for over $1 million in revenues for Datable in 2021. The end-user is a global consumer goods company that has used PLATFORM3 to implement marketing campaigns and collect consumer data for three of its 65 brands in 2021, accounting for over $500,000 in revenues for Datable in 2021.

Datable now has close to $5 million in revenue under contracts for 2022 and future periods, of which over $3.8 million is expected to be recognized as revenue in 2022. This includes over $4.5 million in contracted revenues and close to $400,000 in expected program fees from customers. Datable expects gross margin to be between 40% and 50% in 2022, depending on the product mix.