VANCOUVER, BC, CANADA - Snipp Interactive Inc. (“Snipp”, the “Company”) (TSX-V: SPN; OTCPK: SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, is pleased to announce it has entered into a renewal agreement for a leading American multinational beverage corporation (the “Beverage Company”) through its partnership with a Top 5 global research and consulting firm (“Client”). Pursuant to a successful pilot deployment of the Company's SnippREWARDS platform for this leading Beverage Company, the Client has deployed SnippREWARDS for this Beverage Company across nine (9) countries in the past 12 months, while working on a plan that would include the launch of several additional countries over the next year.
SnippREWARDS is one of the components of the Company’s SnippCARE Platform a modular Customer Acquisition & Retention Platform. The SnippREWARDS Platform enables clients to implement multiple omni-channel, objectives-led, ROI driven programs to incentivize and engage customers. The SnippREWARDS Platform has over 3,500 rewards as part of its catalogue available in over 45 countries/currencies.
“We are excited by the progress we have made over the past year with this leading American multinational beverage company and our Client in the marketing research space. The renewal order today is evidence that we are solving a problem for global brands who are showing increasing confidence in our ability to grow with them. Our strategy to land and expand with this Client’s end customers over time is providing to be very successful, and one we look forward to communicating more frequently on in the near future”, said Atul Sabharwal, Founder of Snipp.
More information about our platform can be found at https://www.snipp.com/
About Snipp
Snipp Interactive Inc (TSX-V: SPN; OTCPK: SNIPF) is a Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp’s proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 1000 Clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform’s Receipt Processing Module has established itself as the clear industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform’s full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform’s modular catalogue of digital and physical rewards provides Clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform’s gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit the Company’s website at www.snipp.com
Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. The company is publicly listed on the Toronto Stock Venture Exchange (TSX-V) in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.
FOR FURTHER INFORMATION PLEASE CONTACT:
Snipp Interactive
Jaisun Garcha
investors@snipp.com
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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.
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