Snipp Receives US$ 200K One-Month Extension Order From North America's Leading Roofing Manufacturer
June 07 2018 - 7:00AM
TORONTO, June 07, 2018 (GLOBE NEWSWIRE) -- 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 secured
a US$200K agreement with a leading roofing manufacturer (the
‘Customer’). The Customer is the number one manufacturer of roofing
material in North America and is part of the largest roofing and
waterproofing business in the world.
The Customer had signed Snipp for a continuity
program last year and renewed the program earlier this year. Under
this agreement, the Customer has extended the scope of the program
for another month.
The continuity program, aimed at encouraging
consumer interaction for extended sales lift allows consumers to
purchase qualifying products over multiple transactions, at a
leading retailer, to earn retailer specific eGift cards. Consumers
submit their purchase receipts via text, email, or a custom branded
microsite and the receipts are processed on SnippCheck, Snipp’s
market-leading receipt processing platform, all without affecting
packaging or requiring any POS integration.
“We are very pleased to once again expand our
relationship with this existing customer, a testament to the
growing value and performance of our technology platform and
marketing solutions,” said Atul Sabharwal, Chief Executive Officer
at Snipp. “As we continue to build our technology platform and
marketing expertise, we look forward to delivering more value-added
benefits to this client and to seeing many more relationships with
existing clients mature into longer-term engagements.”
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
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.
Copyright Snipp Interactive Inc. All rights reserved. All other
trademarks and trade names are the property of their respective
owners.
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