Stran & Company Secures Major Contract With Leading North American Infrastructure Services Company; Projected To Generate Over $1M Annually

Quincy, MA, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Stran & Company, Inc. ("Stran" or the "Company") (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, "We 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."