NEW YORK and VIENNA, Va.,
Oct. 28, 2021 /PRNewswire/
-- Kaleyra, Inc. (NYSE: KLR) (NYSE
American: KLR WS) ("Kaleyra" or the "Company"), a
rapidly growing cloud communications software provider delivering a
secure system of application programming interfaces (APIs) and
connectivity solutions in the API/Communications Platform as a
Service (CPaaS) market, has appointed Gateway Investor
Relations, a leading strategic financial communications and
capital markets advisory firm, to manage its expanded investor
relations program initiatives, including providing corporate
messaging and other consulting services to the Company.
Gateway has begun working closely with Kaleyra management to
develop and deploy a comprehensive outreach and communications
program. Activities will continue to include but are not limited
to: refining overall company and investment-oriented messaging and
corporate positioning, strategic advisory services, and
introductions to institutional investors, sell-side analysts and
other key influencers in the broader financial community. Gateway
will also assist in organizing roadshows and securing invitations
to select financial conferences, including its recently held
annual Gateway Conference.
"Over the past several quarters, we've taken major steps toward
realizing our long-term vision of becoming the trusted
global CPaaS platform, and we believe Kaleyra is now at an
inflection point in that transformation," said Dario Calogero, Company Founder and Chief
Executive Officer. "The CPaaS market, led by worldwide video
conferencing adoption and innovation across the A2P messaging
market, is poised to more than triple over the next five years.
After our recent strategic acquisitions of Bandyer and mGage,
respectively, we are positioned to take advantage of these
tailwinds and can now offer a complete suite of tools for
omnichannel customer engagement.
"Recognizing our company story has evolved over time, we believe
the Kaleyra investment thesis requires a reassessment. We've
partnered with Gateway because of their extensive experience in
assisting emerging growth companies like ours to fully realize
their underlying value and to more effectively communicate their
stories to broader, relevant audiences. With our recent NYSE
uplisting, we'll be looking to take advantage of our elevated
platform to expand our institutional shareholder base and access to
capital as well. We look forward to partnering closely with the
Gateway team over the coming months to deploy a comprehensive
investor relations program."
About Kaleyra
Kaleyra, Inc. (NYSE: KLR) (NYSE
American: KLR WS) is a global group providing mobile communication
services to financial institutions, e-commerce players, OTTs,
software companies, logistic enablers, healthcare providers,
retailers, and other large organizations worldwide.
Kaleyra today has a customer base of 3800+ companies spread
around the world. Through its proprietary platform and robust APIs,
Kaleyra manages multi-channel integrated communication services,
consisting of messaging, rich messaging and instant messaging,
video, push notifications, e-mail, voice services, and
chatbots.
Kaleyra's technology makes it possible to safely and securely
manage billions of messages monthly with over 1600 operator
connections in 190+ countries, including all tier-1 US
carriers.
About Gateway Investor Relations
Gateway is a leading
strategic financial communications and capital markets advisory
firm. For more than 20 years, Gateway has delivered superior
performance in strategic consulting, corporate messaging and
positioning, investor awareness, and analyst and financial press
coverage. Gateway executives have extensive experience in capital
markets and financial communications, and represent clients in a
wide range of industries, including technology, consumer,
industrials, financial services, and business services. To learn
more, please visit www.gateway-grp.com. Make sure to also
follow us
on Twitter, LinkedIn and Facebook.
Forward-Looking Statements
This press
release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. Such
forward-looking statements include, but are not limited to,
statements regarding the repurchase of the warrants and Kaleyra's
long—term financial and operational outlook. Any statements
contained herein that are not statements of historical fact may be
deemed to be forward-looking statements. In addition, any
statements that refer to projections, forecasts or other
characterizations of future events or circumstances, including any
underlying assumptions, are forward-looking statements. The words
"anticipate," "believe," "continue," "could," "estimate," "expect,"
"intends," "may," "might," "plan," "possible," "potential,"
"predict," "project," "should," "would" and similar expressions may
identify forward-looking statements, but the absence of these words
does not mean that a statement is not forward-looking. The
forward-looking statements contained in this press release are
based on certain assumptions and analyses made by the management of
Kaleyra in light of their respective experience and perception of
historical trends, current conditions and expected future
developments and their potential effects on Kaleyra as well as
other factors they believe are appropriate in the circumstances.
There can be no assurance that future developments affecting
Kaleyra will be those anticipated. These forward-looking statements
involve a number of risks, uncertainties (some of which are beyond
the control of the parties) or other assumptions that may cause
actual results or performance to be materially different from those
expressed or implied by these forward-looking statements, including
but not limited to: (i) risks that the mGage and Bandyer
transactions disrupt current plans and operations of mGage and
Bandyer, respectively and potential difficulties in mGage or
Bandyer employee retention as a result of the transaction, (ii) the
price of Kaleyra's securities may be volatile due to a variety of
factors, including changes in the competitive and highly regulated
industries in which Kaleyra, including mGage and Bandyer, operates,
variations in operating performance across competitors, changes in
laws and regulations affecting the Kaleyra's, including mGage's and
Bandyer's, business and changes in the combined capital structure,
(iii) the ability to integrate mGage and Bandyer into Kaleyra and
implement business plans, forecasts, and other expectations after
the completion of the transaction, and identify and realize
additional opportunities, (iv) the risk of downturns and a changing
regulatory landscape in the highly competitive healthcare industry,
(v) the size and growth of the market in which mGage operates, (vi)
the mix of services utilized by Kaleyra's customers and such
customers' needs for these services, (vii) market acceptance of new
service offerings, (viii) the ability of Kaleyra to expand what it
does for existing customers as well as to add new customers, (ix)
that Kaleyra will have sufficient capital to operate as
anticipated, and (x) the impact that the novel coronavirus and the
illness, COVID-19, that it causes, as well as governmental
responses to deal with the spread of this illness and the reopening
of economies that have been closed as part of these responses, may
have on Kaleyra's operations, the demand for Kaleyra's products,
global supply chains and economic activity in general. Should one
or more of these risks or uncertainties materialize or should any
of the assumptions being made prove incorrect, actual results may
vary in material respects from those projected in these
forward-looking statements. We undertake no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as may be required
under applicable securities laws.
Investor Contact:
Tom
Colton or Matt Glover
Gateway Investor Relations
949-574-3860
KLR@gatewayir.com
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SOURCE Kaleyra