Sales and marketing services company Life Clips, Inc (OTCQB:LCLP) said early Tuesday morning that it has penned a new sales representative agreement with Pebblebee, granting Life Clips exclusive rights to promote and sell Pebblebee products across its network of sales channels.
Pebblebee's product portfolio, according to its website, is comprised of three small bluetooth devices and three related accessories. Bluetooth trackers, little gadgets that can be attached to keys, remote controls, phones or anything for that matter, have grown in popularity in recent years since the "Tile" brand emerged on the scene in 2013.
Pebblebee's products are two tracking devices called "Finder" and "Honey" and a smart button device called the "Stone." The company trumpets the Finder as "the longest range tracker ever," with a range of up to 200 feet and a replacable battery.
Thanks to a mobile application, the Finder can be integrated with Amazon.com's (NASDAQ:AMZN) Alexa product as well.
Doing a little name-dropping, Life Clips says it intends to market the Pebblebee products to specialty customers like Best Buy (NYSE:BBY), Target (NYSE:TGT), Staples (NASDAQ:SPLS) and more.
Life Clips has been aggressive in its growth strategy this year, including acquiring Ascenda International, inking distribution deals for Japan, Thailand and Taiwan markets and forming new divisions for government and cannabis inititatives, to little fanfare. Shares are muddling around an all-time low at $0.0017 heading into Wednesday's trading session, equating to a market cap around $300,000, according to data from Quote Media.
