01 October 2015

PetLynx Corporation Launches Search for Partner

PetLynx Corporation has selected CrunchBase.com to launch the public search for a partner.

"As we move into the next chapter of our emergence, a partner that adds strong operating and financial management to the world class marketing, program development and disruptive business model already owned by PetLynx will secure a strong future for our shareholders", said Larry R. Evans, Managing Director, PetLynx Corporation.

According to Evans, the focused acceleration provided by national partnerships with Canada's largest logistics company CDMV and Associated Veterinary Clinics Canada's largest provider of animal health services will support PetLynx subscriber growth in the Canadian market.

The next chapter of PetLynx development involves an investment of 12 million $CAN and five years to deliver:
  1. PetLynx 2.0, a simple mobile interface with more services that PetLynx subscribers own and manage;
  2. A North American market penetration of 7% (8 million subscribers); and, 
  3. A privacy compliant monetization strategy to serve the largest pool of active residual subscribers in this market.
"Investors understand the subscriber model and the value of subscriber companies like Verizon and Netflix", said Thomas R. Trifaux, Chair, Board of Directors, PetLynx Corporation. "Early involvement in digital communications allowed Evans to understand how human/animal relationships in urban municipalities could be improved with PetLynx subscriber services. Achieving 10% of the Canadian market proved up the PetLynx model. The value of the PetLynx subscriber pool will grow as they use PetLynx online services to manage their human/animal experience", said Trifaux.

Information about PetLynx and the search for a partner is updated regularly in the PetLynx CrunchBase. Interested parties can "follow" PetLynx to receive automatic updates.

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