DigitalTown Announces Acquisition of Congo Ltd. Assets

SEATTLE and AUSTIN, Texas, Oct. 11, 2017 -- DigitalTown, Inc. (OTC PINK:DGTW) and Congo, Ltd., have entered into an agreement for DigitalTown to acquire technology, expertise, and other assets of Congo.  Congo’s flagship product is JustLegal.com, an online service for legal service provider discovery. The combined capability powers a global platform for connecting people with service providers online, such as lawyers, accountants, and doctors, through geo-targeted web and mobile portals for transacting in real-time.

A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/31c78788-f2ba-415a-8aa2-42bac8bd0e2e

DigitalTown is transforming how the citizens of the world discover and consume local goods and services. From restaurants in Miami to hotels in London, DigitalTown’s platform connects buyers and sellers seamlessly online via web and mobile devices. The Congo acquisition expands DigitalTown’s footprint in the legal industry, making it easy for citizens to find the right attorney, schedule a free initial consultation, and choose to connect in person or online through secure video chat. The same technology is designed to work across other service categories where one to one live consults are desirable, including the ability to do on-demand video consults and the ability to pay by the minute through the DigitalTown SmartWallet or other payment methods.

Rob Monster, CEO of DigitalTown, explained the logic of the deal: “The Congo team has built a robust platform for managing online services procurement.  Service platforms like Angie's List, Houzz, Porch, ServiceMaster and Thumbtack attempt to lump all service provider discovery in one bucket.  Niche platforms like Avvo and ZocDoc cater to specific niches. DigitalTown is using the new web extensions such as .LAW, .SHOP,.CITY and more to put the consumer at the center of the experience in a way that is intuitive, personalized, real-time and secure through an integrated network of digital portals that cater to specific geo-targeted verticals and which can be operated in cooperation with local partners.”

Concurrent with the acquisition, DigitalTown, a leading provider of smart city portal solutions, announced the hiring of Congo’s CTO, Frank R. Robles. Mr. Robles, a prolific technology executive with a history of tackling large and complex projects, joins as President of the newly-established Service Provider Business Division and VP of Global Operations for DigitalTown.

The hiring of Mr. Robles and the acquisition of certain assets from Congo Ltd. will be leveraged to help accelerate DigitalTown’s online service provider business. Initially with the legal vertical leveraging DigitalTown’s 1,668 City.LAW domain names  (e.g. Austin.Law) and then moving on to other verticals such as accounting, medical and other professional services as well as other service categories where live consults are standard practice.

“I am excited to join the DigitalTown team and to build upon the work we have done to date, using technology to reinvent how consumers procure services in the Digital Age,” said Frank R. Robles. “Given the great foundation DigitalTown has created, the opportunity looks enormous.”

Founded in 2013, Congo’s innovative and award-winning platform has changed the way people and lawyers connect online. Consistently recognized as one of the top legal technology companies in the world, Congo has pioneered the adoption of cloud technologies such as intake, scheduling, and videoconferencing in the legal industry, in addition to being the first website to seamlessly integrate these features into an online marketplace for legal services.

“With their robust platform and global domain network, DigitalTown is leading the proliferation of smart cities around the world,” said Congo’s Founder and CEO, Willy Ogorzaly. “Our team believes strongly in the DigitalTown vision, and we see this opportunity as furthering the mission of increasing direct access to reputable service providers.”

The asset purchase transaction is expected to close on or before December 5, 2017 with integration of operations already in progress.

About DigitalTown
DigitalTown, Inc. (DGTW) powers Smart Cities to succeed in the Digital Age. The company provides turn-key hosted solutions to power "Digital Towns", which improve Quality of Life for residents and visitors through integrated solutions for economic development, civic engagement and digital inclusion for cities around the world. For more information about the company, please visit www.digitaltown.com.

Safe Harbor Language: Any statements contained herein related to future events are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act 1995. Readers are cautioned not to place undue reliance on forward-looking statements. DigitalTown, Inc. undertakes no obligation to update any such statements to reflect actual events.

Media Contact:                                               
Rob Monster, Chief Executive Officer                        
DigitalTown, Inc.
(425) 295-4564; [email protected]