Locafy Limited LCFY shares traded higher on Thursday after the company announced an agreement with a U.S.-based media publisher to utilize "entity-based" Keystone SEO technology among its portfolio of media assets.
What To Know: The technology specializes in optimizing clients' websites to rapidly rank highly for competitive, national keywords.
The media organization has the ability to assist Locafy to promote Keystone through its considerable media asset reach and sizable sales team presence. Management anticipates that the partnership will create outstanding customer volume and revenue tailwinds for Locafy.
"Keystone helps our clients rise above the increasing volume of AI-generated content on a national scale, unlocking new potential customer and market opportunities for Locafy," said Locafy CEO Gavin Burnett.
"Our customer trials show our brands' carefully curated and valuable content achieving prominence in search for targeted national level keywords faster than any products of which we're aware that are available on the market today."
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LCFY Price Action: Shares of LCFY closed Thursday up 6.86% at $7.48, according to Benzinga Pro.
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