MANALAPAN, N.J, July 17, 2018 (GLOBE NEWSWIRE) -- Street Smart Outdoor Corp, a wholly owned subsidiary of Manalapan based Sun Pacific Holding Corp. (OTCQB: SNPW), today announced that as part of its strategy to expand its local focused advertising outreach program of its outdoor furniture portfolio in the Northeast, it has partnered and executed a three year performanced based representative agreement with Premier Outdoor Media.
Premier Outdoor Media is a locally-based, boutique out-of-home company, with geographic footprint that covers the New Jersey, Philadelphia and Baltimore DMA's. Sun Pacific’s premium inventory - which includes static and digital signage-allows local and regional advertisers to connect with their target audience while on the move.
“As we entered 2018 our initial milestone was on being awarded a number of new locations to manage under long-term relationship for outdoor bus shelters and furniture. As we entered our mid-year our current focus has accordingly shifted to optimizing the advertising of those location with a milestone of up achieving global adverstising utlization rates of greater then 50% for all locations, said Nicholas Campanella, CEO of Sun Pacific Holding Corp. “Premier Outdoor Media’s local communitity reach and efficient model we believe is tailor made to optimize our sales and marketing outreach strategy for our inventory and will be a key component of allowing us to reach our milestone goal.”
Dominick Vastino, CEO of Premier Outdoor Media, continued “We are looking forward to working with Sun Pacific’s team to continue to expand Premier Outdoor Media’s foot print in the Mid-Atlantic and Northeast to better serve our client base and in driving their brands to success.”
The Global Outdoor Advertising Market Report & Forecast 2017-2022 stated that the global outdoor advertising market reached a value of around $37.7 Billion in 2016, exhibiting a CAGR of around 5.4% during 2009-2016. This year, marketers will spend more than $400 million to put their messages on bus shelters and street benches alone.
About Sun Pacific Holding Corp.
Sun Pacific Holding Corp. (SNPW) uses management's knowledge and experience to serve its customers and now its shareholders through quality service and equipment, working to keep customers satisfied, and by doing our part in protecting the environment with smart green technology. For more information, visit www.sunpacificholding.com.
About Premier Outdoor Media.
Premier Outdoor Media is an outdoor advertising and media company with a focus on providing local reach and expertise in optimizing our customers static and digital bulletins and premier panels. For more information, visit www.premieroutdoormedia.com.
Safe Harbor and Forward-Looking Statements
This news release contains statements that involve expectations, plans or intentions (such as those relating to future expansion or financial results) and other factors discussed from time to time in the Company's OTC Markets filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these forward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.