{"id":686160,"date":"2022-09-16T08:46:30","date_gmt":"2022-09-16T12:46:30","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stran-company-secures-major-contract-with-leading-north-american-infrastructure-services-company\/"},"modified":"2022-09-16T08:46:30","modified_gmt":"2022-09-16T12:46:30","slug":"stran-company-secures-major-contract-with-leading-north-american-infrastructure-services-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stran-company-secures-major-contract-with-leading-north-american-infrastructure-services-company\/","title":{"rendered":"Stran &amp; Company Secures Major Contract with Leading North American Infrastructure Services Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Quincy, MA, Sept.  16, 2022  (GLOBE NEWSWIRE) &#8212; <strong>Stran &amp; Company, Inc. (&#8220;Stran&#8221; or the &#8220;Company&#8221;) (NASDAQ: STRN) (NASDAQ: STRNW)<\/strong>, a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a major contract with a leading North American infrastructure services company to provide promotional products and services. The program is expected to launch in the fourth quarter of 2022 and is projected to generate over $1 million annually.<\/p>\n<p align=\"justify\">Andy Shape, President and CEO of Stran, commented, \u201cWe are pleased to have been selected by this premier infrastructure services company to execute on their promotional marketing program with a goal of increasing their market awareness and customer loyalty. This client came as a referral from an existing customer of ours, which we believe further validates the quality of our service-based offering and clear value proposition. We look forward to working closely with this new customer and anticipate this contract will drive meaningful high margin annual revenue for Stran with potential expansion opportunities.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About Stran<\/strong>\n      <\/p>\n<p align=\"justify\">Over the past 27 years, Stran has grown to become a leader in the promotional products industry, specializing in complex marketing programs to help recognize the value of promotional products, branded merchandise and loyalty incentive programs as a tool to drive awareness, build brands and impact sales. Stran is the chosen partner of many Fortune 500 companies, across a variety of industries, to execute their promotional marketing, loyalty and incentive, sponsorship activation, recruitment, retention, and wellness campaigns. Stran provides world-class customer service and utilizes cutting-edge technology, including efficient ordering and logistics technology to provide order processing, warehousing and fulfillment functions. The Company\u2019s mission is to develop long-term relationships with its clients, enabling them to connect with both their customers and employees in order to build lasting brand loyalty. Additional information about the Company is available at: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3ILl0DBFCnufYeMaN2_LaxqQ5lkw1EmhzQ2TBnAQjNCIYfywYjRh7SU4F8dRA8R7Nd0pDIXNf1VJVNEq5MQ3SQ==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.stran.com<\/u><\/a>. <\/p>\n<p>\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This press release contains \u201cforward-looking statements\u201d that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccontemplate,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cseek,\u201d \u201cmay,\u201d \u201cmight,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201ctarget,\u201d \u201caim,\u201d \u201cshould,\u201d &#8220;will\u201d \u201cwould,\u201d or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company\u2019s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled \u201cRisk Factors\u201d in the final prospectus related to the public offering filed with the SEC and other reports filed with the SEC thereafter. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.<\/em>\n      <\/p>\n<p>\n        <strong>Contacts:<\/strong>\n      <\/p>\n<p>\n        <strong>Investor Relations Contact:<\/strong>\n      <\/p>\n<p>Crescendo Communications, LLC<br \/>Tel: (212) 671-1021<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wdjJ9cmeY4ADMkM4nKifOHIm3hpLsthuqKWwVn9f1nqSTp5D09vKDSGcA9ycJM_7ZlEPvOEyq1_lJSFcd9ixulw_rQFQGYJGEgG10-USJN8=\" rel=\"nofollow noopener\" target=\"_blank\"><u>STRN@crescendo-ir.com<\/u><\/a><\/p>\n<p>\n        <strong>Press Contact:<\/strong>\n      <\/p>\n<p>Howie Turkenkopf <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=FnwAqKMhZl3ij6tXd-KSkdXZylaMX4FscRCzjBEVu9jnwd5jlfA8ubnQldZhpge7Ixt-muMMoSWtaUSEulS6aQ==\" rel=\"nofollow noopener\" target=\"_blank\"><u>press@stran.com<\/u><\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY0Nzc1MyM1MTU2MDg4IzUwMDA4NjQwOQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/Mjg2MjExMzQtMjQ5ZC00YzI5LWEwYjItYmMzNDJmZjJlOWRlLTUwMDA4NjQwOQ==\/tiny\/Stran-Company-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Quincy, MA, Sept. 16, 2022 (GLOBE NEWSWIRE) &#8212; Stran &amp; Company, Inc. (&#8220;Stran&#8221; or the &#8220;Company&#8221;) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a major contract with a leading North American infrastructure services company to provide promotional products and services. The program is expected to launch in the fourth quarter of 2022 and is projected to generate over $1 million annually. Andy Shape, President and CEO of Stran, commented, \u201cWe are pleased to have been selected by this premier infrastructure services company to execute on their promotional marketing program with a goal of increasing their market awareness and customer loyalty. This client &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stran-company-secures-major-contract-with-leading-north-american-infrastructure-services-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stran &amp; Company Secures Major Contract with Leading North American Infrastructure Services Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-686160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stran &amp; Company Secures Major Contract with Leading North American Infrastructure Services Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stran-company-secures-major-contract-with-leading-north-american-infrastructure-services-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stran &amp; Company Secures Major Contract with Leading North American Infrastructure Services Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Quincy, MA, Sept. 16, 2022 (GLOBE NEWSWIRE) &#8212; Stran &amp; Company, Inc. (&#8220;Stran&#8221; or the &#8220;Company&#8221;) (NASDAQ: STRN) (NASDAQ: STRNW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced that it has secured a major contract with a leading North American infrastructure services company to provide promotional products and services. The program is expected to launch in the fourth quarter of 2022 and is projected to generate over $1 million annually. Andy Shape, President and CEO of Stran, commented, \u201cWe are pleased to have been selected by this premier infrastructure services company to execute on their promotional marketing program with a goal of increasing their market awareness and customer loyalty. 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