SinglePoint Enters Into Letter Of Intent To Acquire EnergyWyze, LLC To Streamline, Optimize, And Maximize Solar Industry Lead Generation

- Agreement signifies a key step towards solidifying leadership position in the solar industry

PHOENIX, Jan. 12, 2021 /PRNewswire/ -- SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, announced today it has entered into a letter of intent (the "LOI") with EnergyWyze, LLC, a premiere digital and direct marketing firm focused on customer-centric lead generation in the solar energy industry. Under the terms of the LOI, SinglePoint will acquire the assets and business relationships, including an extensive database of validated leads, of EnergyWyze to form a premier solar lead generation engine. Additionally, three principals of EnergyWyze with extensive experience from lead generation to closed sales will join SinglePoint as employees to bolster the Company's marketing team. EnergyWyze currently operates its leading consumer site at www.energywyze.com and its solar business site at www.solarcxm.com.

SinglePoint Logo (PRNewsfoto/SinglePoint Inc.)

SinglePoint Logo (PRNewsfoto/SinglePoint Inc.)

EnergyWyze is an emerging industry leader providing qualified preset appointments to the nation's leading solar installation companies. Customer acquisition can account for a significant percentage of the spend in solar contractors cost of doing business. SinglePoint aims to reduce those costs and increase the conversion rate of new customers through creating a premium customer experience the solar industry is lacking at this point in time. SinglePoint believes that EnergyWyze's customer-centric focus will bring to market a value-add service for homeowners and solar installation contractors.

"We believe this agreement represents a catalytic moment for SinglePoint and will play an integral piece in our overall business strategy as we work to maximize our online presence and lead generation capabilities. EnergyWyze adds tremendous value and brings with it an extensive database of potential customers who have actively requested solar installation to their home," commented Wil Ralston, President of SinglePoint. "We believe this acquisition, together with our other subsidiaries, will help us to further unlock value and strengthen the launching pad of SinglePoint to our next phase of growth. We are committed to adding companies to our portfolio that will mutually benefit one another to create a network effect and drive economies of scale. The acquisition of EnergyWyze is a critical component as the company that acquires the customers ultimately controls the growth."

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Old Time Investor 6 days ago Member's comment

Big news!