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Location Sciences Group offering new 'Verify' solution to tackle advertising fraud

Location Sciences Group PLC (LON:LSAI) CEO Mark Slade and CFO David Rae tell Proactive Investors that there is enormous international demand for the functions fulfilled by the mobile location data specialist's new Verify solution.

"Advertising fraud is a big thing globally, roughly $50 million per day gets wasted on ad fraud, so we've developed a product that solves a little bit of that. It's a scalable global product... it's where we see the big growth to come for our business so that's our focus at the minute... we've only been live with the product for three or four months, we're already live in three continents, we've got lots of big brands starting to test the product so it's being really well received by the market" says Slade.

Rae elaborates on the company's financial position and projected revenues for the short to medium term.

 

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