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SurgePays is establishing a next-generation supply chain network for merchants in the United States.
FREMONT, CA: SurgePays, Inc., a blockchain financial technology company developing a next-generation supply chain network for convenience stores, mini-marts, tiendas, bodegas, and gas stations in the United States, appoints Anthony P. Nuzzo, Jr., the Company's President, and a seasoned financial services executive, as Chief Executive Officer of the company's wholly-owned subsidiary, LogicsIQ, Inc.
The executive move follows the Company's May 2021 statement that it will begin examining the best available options for delivering shareholder value through the spin-off or public offering of its LogicsIQ subsidiary, as outlined in the Company's August 2, 2021 Registration Statement on Form S-1. Mr. Nuzzo will remain with SurgePays for the duration of the transfer.
Mr. Nuzzo joined SurgePays in August 2017 as a seasoned financial services executive and entrepreneur with a track record of success as a CEO, CFO, and financial consultant. Throughout his career, he has established several organizations that have been recognized by Inc. 500 as the fastest-growing financial institution. He has led the development of LogicsIQ's SaaS platform and oversaw the company's growth during his stint at SurgePays.
LogicsIQ is a customer relationship management (CRM) software-as-a-service (SaaS) provider for organizations. Intake Logics, the company's primary CRM technology, assists law firms in generating high-quality sales leads and converting them to signed retained clients. Additionally, LogicsIQ provides full-service business process outsourcing (BPO), including sales and contract processing, email and live chat assistance, social media management, and data processing and programming.
Mr. Nuzzo will oversee a seasoned management team that powered the business's growth before the pandemic and has a strategy for future expansion both organically and through acquisitions as CEO of LogicsIQ. LogicsIQ is establishing a position as the leading corporate software solution supplier for marketing intelligence, client creation, case management, and vertically integrated services for law firms and other industry verticals.
“Anthony has led LogicsIQs evolution from a lead generation business to a full-service software development enterprise and BPO provider with significant potential for future growth,” says Brian Cox, CEO of SurgePays. “He knows the business, and its software platform, and has the leadership skills, experience, and passion to propel its future growth and deliver shareholder value.”
“LogicsIQ is at a critical inflection point in its growth and future prospects,” says Mr. Nuzzo. “SurgePays has provided us with the capital, management, and resources to expand our portfolio of solutions and focus on business expansion.”