Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. Viewhere

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBIDS.L Regulatory News (BIDS)

  • There is currently no data for BIDS

Bidstack turns on first DSP with Avocet

4 Mar 2019 07:00

RNS Number : 6781R
Bidstack Group PLC
04 March 2019
 

Certain information contained within this Announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 ("MAR"). Upon publication of this Announcement, this information is now considered to be in the public domain. 

 

4 March 2019

 

 

Bidstack Group PLC ("Bidstack or "the Group")

 

Bidstack turns on first DSP with Avocet

 

Bidstack Group plc (AIM: BIDS.L), the native in-game advertising group, is pleased to announce that it has successfully passed a significant technical milestone in its development having now gone live with its first full integration with a demand side platform ("DSP"), Avocet Systems Limited ("Avocet").

 

This is the first time Bidstack's advertising inventory, which sits naturally within a 3D video game environment, has been available to buy programmatically on a DSP. A DSP integration enables Bidstack to take bids direct and control the pricing of its advertising space.

 

A DSP is a system that allows buyers of digital advertising space to programmatically buy, through multiple advertising exchange and data exchange accounts, through one interface.

 

Avocet and other DSPs enable advertisers, either direct or via an agency, to target advertising inventory that fits their campaign demographics e.g. age, gender, location etc. and allows the media buyer to trade and optimise campaigns, with real-time reporting.

 

This new development follows on from Bidstack's integration with Pubmatic, Inc. a publisher focused sell-side platform ("SSP") in late 2018. Pubmatic effectively acts as a reseller allowing advertisers to access a wholesale type of media purchase.

 

Bidstack is also in discussions with the Interactive Advertising Bureau ("IAB"), the trade group setting technical standards and best practices for the digital advertising industry, to create a recognised advertising category for native in-game advertising. Bidstack will be sponsoring the IAB's Gaming Seminar event in November 2019.

 

James Draper, CEO, said, "This is a major milestone for the business. It is testament to our technology and offering that Avocet have committed time and resource to overcome the challenges of getting our inventory into a DSP environment - a system originally designed for traditional display and mobile non-native advertising.

 

I'm delighted that advertisers can now buy Bidstack's in-game inventory, through Avocet's platform.

 

While there are still a number of hurdles before this development is likely to result in a material impact on revenues, I believe that getting our inventory onto an innovative DSP is a substantial achievement for our business.

 

In addition, we are working with some of the finest minds in advertising - from a technical, educational and accreditation standpoint. We are also working to ensure that our media space is available to buy on DSP platforms and we are educating media buyers on how they can report on campaign success and independently track their advertising spend."

 

Kenneth Kulbok, MD of Avocet, said "Avocet's focus as a business is delivering technology that helps advertisers capture people's attention. Our Bidstack partnership enables advertisers to leverage DSP media buying technology to communicate with their target audience in one of the most engaging digital environments in existence: in-game.

 

Working with Bidstack to make in-game inventory available to media buyers in real-time presented some challenges but our teams have together managed to overcome these and make real-time, in-game media buying an exciting new reality. Gaming continues to expand the virtual world and now advertisers and agencies are able to access, target and optimize their campaigns in-game using the same technology they're using to buy traditional digital media."

 

Contacts

 

Bidstack Group PLC

 

James Draper, CEO +44 (0) 7850 341 885

 

Spark Advisory Partners

 

Mark Brady/Neil Baldwin/James Keeshan +44 (0) 203 368 3550

 

Peterhouse Capital Limited

 

Eran Zucker/Lucy Williams/Duncan Vasey +44 (0) 20 7409 0930

 

Alma PR

 

Josh Royston/ Sam Modlin +44 (0) 203 405 0205

 

 

Notes to editors

 

Bidstack is an advertising technology company which provides dynamic, targeted and automated native in-game advertising for the global video games industry across multiple platforms. Its proprietary API technology is capable of inserting adverts into natural advertising space within video games across multiple video games platforms (mobile, PC and console).

 

Bidstack's customers are games publishers and developers and advertising agencies, brands and programmatic advertising platforms. Bidstack contracts exclusive access to the native in-game advertising space within video games from their developers or publishers and sells that advertising space either direct to specific brands and their agencies or through programmatic advertising platforms.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
MSCKMGGFZFKGLZZ
Date   Source Headline
11th Feb 20202:06 pmRNSSecond Price Monitoring Extn
11th Feb 20202:00 pmRNSPrice Monitoring Extension
11th Feb 202011:05 amRNSSecond Price Monitoring Extn
11th Feb 202011:00 amRNSPrice Monitoring Extension
11th Feb 20207:15 amRNSAppointment of Andrew House to Advisory Committee
11th Feb 20207:00 amRNS2019 Year End Trading Update
10th Feb 20202:06 pmRNSSecond Price Monitoring Extn
10th Feb 20202:00 pmRNSPrice Monitoring Extension
3rd Jan 20204:40 pmRNSSecond Price Monitoring Extn
3rd Jan 20204:35 pmRNSPrice Monitoring Extension
23rd Dec 20199:35 amRNSBlock listing Interim Review
20th Dec 20196:06 pmRNSConfirmation regarding Trading Update
19th Dec 20197:00 amRNSMilestone Advertising Trading Agreement
18th Dec 20197:00 amRNSTrading Update
17th Dec 20192:06 pmRNSSecond Price Monitoring Extn
17th Dec 20192:00 pmRNSPrice Monitoring Extension
4th Nov 201910:17 amRNSGrant of Share Options
29th Oct 201911:34 amRNSAppointment of Bryan Neider to Advisory Committee
28th Oct 20193:21 pmRNSExercise of Options and Total Voting Rights
28th Oct 201911:05 amRNSSecond Price Monitoring Extn
28th Oct 201911:00 amRNSPrice Monitoring Extension
28th Oct 201910:25 amRNSDirectors' dealings
30th Sep 20197:00 amRNSInterim results for the six months ended 30 June
27th Sep 20195:24 pmRNSStrategic Partnership with Dentsu Aegis Network
26th Sep 20197:00 amRNSExtension of Football Manager Agreement
17th Sep 201912:13 pmRNSNotice of Results
30th Aug 201911:03 amRNSTotal Voting Rights
29th Aug 20194:01 pmRNSNew contract with The Trade Desk
22nd Aug 20192:35 pmRNSChange of Broker
19th Aug 201911:45 amRNSCollaboration with Epic Games' Unreal Engine
13th Aug 20192:06 pmRNSSecond Price Monitoring Extn
13th Aug 20192:00 pmRNSPrice Monitoring Extension
12th Aug 20195:09 pmRNSBidstack signs contract with AppNexus
1st Aug 20197:00 amRNSAcquisition of Pubguard
31st Jul 20197:00 amRNSTotal Voting Rights
11th Jul 20194:40 pmRNSSecond Price Monitoring Extn
11th Jul 20194:35 pmRNSPrice Monitoring Extension
11th Jul 20192:05 pmRNSSecond Price Monitoring Extn
11th Jul 20192:00 pmRNSPrice Monitoring Extension
2nd Jul 20197:00 amRNSAppointment of Derek Wise and other Board changes
24th Jun 20193:42 pmRNSResults of Independent Study by Lumen Research
11th Jun 20198:09 amRNSBlock Listing Application
11th Jun 20197:00 amRNSExercise of Warrants and Total Voting Rights
7th Jun 20197:00 amRNSIssue of Equity and Total Voting Rights
6th Jun 201910:01 amRNSExercise of Warrants and Total Voting Rights
6th Jun 20197:00 amRNSExercise of Warrants and Total Voting Rights
3rd Jun 20197:00 amRNSExercise of Warrants and Total Voting Rights
31st May 20195:04 pmRNSAppointments to Advisory Board
28th May 20199:05 amRNSSecond Price Monitoring Extn
28th May 20199:00 amRNSPrice Monitoring Extension

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.