Adcore Named to Elite Tier of Microsoft’s Advertising Partner Program

TORONTO, ONTARIO – February 7, 2022 – TORONTO, ONTARIO – Adcore Inc. (the “Company” or “Adcore”) (TSX:ADCO) (OTCQX:ADCOF) (FSE:ADQ) (TSX:ADCO-WT), a leading e-commerce advertising management and automation platform to leverage digital marketing in an effortless and accessible way (“Effortless Marketing”), today announced that it has been named an Elite tier partner, the highest partnership level, of the Microsoft Advertising Partner program.

Adcore’s Elite status is a direct result of the Company’s outstanding performance as a channel partner during 2021. During this period, the Company launched the Adcore Marketing Cloud platform that boosted the Company’s ability to drive new advertisers to Microsoft, as well as grow the activity of existing advertisers.

Omri Brill, CEO of Adcore, commented, “Achieving the Microsoft Advertising exclusive Elite status is a clear recognition in our Company’s superior marketing technological solutions and is a testimonial to Adcore’s power to drive new business to Microsoft. We remain focused on growing our customer base by providing effortless marketing solutions for effective digital e-commerce marketing. The new Elite partnership status will further strengthen these efforts.”

“Adcore has been an exceptionally successful Microsoft Advertising partner, and we’re very pleased to recognize their remarkable efforts and significant growth by upgrading them to our Elite tier. As they have attracted new customers to the Adcore Marketing Cloud solution, they have in turn added customers to our platform. We look forward to the continued ongoing growth and success of both platforms,” commented Nigel Leggatt, Director EMEA Partner Sales of Microsoft.

 ABOUT ADCORE

Adcore is empowering entrepreneurs, advertisers, and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising and monitoring and analyzing the performance of their advertising budget to ensure maximum Return on Investment. In addition to being named numerous times on Deloitte’s Fast 50 Technology list, Adcore is a certified Google Premier Partner, Elite Tier Microsoft Partner, Facebook Partner and TikTok Partner.

Established in 2006, the Company employs over fifty people in its headquarters in Tel Aviv, Israel and satellite offices in Toronto, Canada, Melbourne, Australia, Hong Kong and Shanghai, China.

For more information about Adcore, please visit https://www.adcore.com/investors/ or follow us on LinkedIn

FORWARD-LOOKING STATEMENTS

This press release contains certain forward-looking statements, including statements about the Company and the benefits that it may achieve from attaining Microsoft Elite Tier Status. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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ADCORE INC.