WASHINGTON, DISTRICT OF COLUMBIA–(Marketwired – June 29, 2016) – Snipp Interactive Inc. (“Snipp”) (OTCQX:SNIPF)(TSX VENTURE:SPN), an international provider of marketing promotions, rebates and loyalty solutions listed on the OTCQX and the TSX Venture Exchange, is pleased to announce a deal with a leading North American refreshment beverage company for a digital rewards campaign on Snipp’s enhanced rewards platform. The six-month contract (as part of a previously signed MSA) is worth a minimum of $95,000 with potential upside based on participation. The beverage company produces the oldest soft drink in the United States and is a subsidiary of a corporation that owns more than 50 brands. Currently, 13 of 14 of their leading brands are No. 1 or No. 2 in their flavor categories.
“In today’s mobile-first world, digital rewards are a great incentive to promote loyalty and encourage shoppers to engage with a brand. The SnippRewards platform offers seamless brand integration and an easy and user-friendly redemption process while providing shoppers a variety of exciting digital rewards to choose from. This partnership is a testament to our robust technology and rewards offerings,” said David Hargreaves, Chief Client Officer at Snipp.
The promotion will run for 6 months starting in August 2016 in partnership with a leading targeted marketing company. Consumers who make a qualifying brand purchase at a participating retailer will receive a download code printed on their receipt along with a url of a Snipp-built microsite to enter the codes and collect points. They can redeem their points on the SnippReward Store for digital rewards, brand swag and football items and tickets.
Visit the Snipp website at www.snipp.com for examples of Snipp programs.
About Snipp:
Snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. Our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. We also provide the services and expertise to design, execute and promote client programs. SnippCheck, our receipt processing engine, is the market leader for receipt-based purchase validation; SnippLoyalty is the only unified loyalty solution in the market for CPG brands. Snipp has powered hundreds of programs for Fortune 1000 brands and world-class agencies and partners.
Snipp is headquartered in Washington, DC with offices across the United States, Canada, UK, Ireland, Europe, the Middle East and India. The company is publicly listed on the OTCQX, the highest tier of the OTC market in the United States of America, and on the Toronto Stock Venture Exchange (TSX) in Canada. Snipp was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange, in 2015 and 2016.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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