Snipp Signs Three Year US$650,000+ B2B Loyalty Agreement With a Leading Global Provider and Manufacturer of Firearms
July 05 2018 - 7:00AM
Snipp Interactive Inc. ("Snipp" or the “Company”) (OTCQB:SNIPF)
(TSX-V:SPN), a global provider of digital marketing promotions,
rebates and loyalty solutions, today announced that it has received
a six figure contract from a leading manufacturer of firearms (the
‘Customer’), a new Snipp client. The Customer is a leading provider
and manufacturer of firearms and is known for their
industry-leading quality and innovation. Their world renowned
products are the weapons of choice for many of the premier global
military, law enforcement and responsible commercial users.
The signed agreement, formally establishes Snipp
as a preferred B2B Loyalty solutions and reward fulfillment
services supplier for the Customer. Under the terms of the
agreement, Snipp will develop a highly customized B2B loyalty
program, aimed at encouraging trade engagement and loyalty, on its
SnippLoyalty enhanced platform, for store associates to be able to
earn points to redeem branded merchandise. The agreement marks the
first of two phases, with a B2C platform to be planned and launched
in 2019.
“We are very pleased to have signed an agreement
with this new Customer, recognized as the leader in their segment,
are proud to have been selected based on our experience and ability
to incorporate many of their custom requirements and workflows, a
testament to the performance and efficiency of our technology
platform and marketing solutions,” commented Atul Sabharwal, CEO
and founder of Snipp. “Snipp has successfully run multiple programs
in the B2B segment and this agreement marks the second deal we’ve
signed in this industry segment, another validation of the Snipp
suite of solutions. We will continue to build on our platform and
look forward to incentivize, drive engagement and built loyalty for
the client through this program.”
Visit the Snipp website at http://www.snipp.com/
for Snipp’s full suite of solutions and 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 Toronto, Canada with
offices across the United States, Canada, Ireland, Europe, and
India. The company is publicly listed on the OTCQB, 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. SNIPP IS
RANKED AMONGST THE TOP 500 FASTEST GROWING COMPANIES IN NORTH
AMERICA On Deloitte’s 2017 Technology Fast 500™ List, for the
second year in a row.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Snipp Interactive Inc. Jaisun Garcha Chief Financial Officer
investors@snipp.com
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actual results to differ materially from the statements made. When
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increased competition and general economic and market factors,
occur or should assumptions underlying the forward looking
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their respective owners.
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