Receives Renewal Orders for H1 2022 VANCOUVER, BC / ACCESSWIRE / October 20, 2021 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSXV:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates and loyalty solutions, is pleased to announce that it has received a renewal and deployment plan from a global Fortune 50 consumer packaged goods ("CPG") company with over $70B USD in revenue across 65 unique brands in 10 product categories. Billings for this client have crossed USD $2.5MM over the three-year relationship.
This order covers deployments for a subset of brands in the US market. The 2022 plan covers 3 programs running with the NFL, Winter Olympics, and Black History Month for the first quarter of 2022. 4 programs have been confirmed for the second quarter and will be contracted in the next few weeks. Subsequent planning is ongoing for roll outs in the back half of 2022. The client is a veteran user of SnippCHECK the industry-leading receipt processing engine and component of the SnippCARE Platform (Customer Acquisition, Retention and Engagement) and is what powers most of this client's purchase based global promotions.
"As we continue to enter new markets and attract new customers, we are also razor focused on delivering value to our existing clients and growing our relationship with them as is evident from the orders received and planned for the first half of 2022." said Atul Sabharwal, Founder and CEO, "at the same time, we are evaluating how to unlock the value of our equity and are currently exploring various options including exploring/adding to the exchanges we are listed on. Given our exponentially growing topline, debt free capital structure as well as our cash flow profitability, it is evident that the markets are not yet valuing the company for what we believe its potential truly is and we are committed to fixing that. We believe our stock is held to a higher standard than most and are happy to not only meet but exceed our valuable investors expectations. We expect our earnings to be released shortly."
https://www.accesswire.com/668838/Snipp-Interactive-Receives-Renewal-Orders-for-H1-2022-from-Fortune-50-Consumer-Packaged-Goods-Company-over-USD-25MM-Billed-over-3-Year-Relationship