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Snipp Launches Innovative Augmented Reality Campaign for National Bank of Kuwait

V.SPN

Marketwire

Snipp Launches Innovative Augmented Reality Campaign for National Bank of Kuwait

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwired - Aug. 6, 2013) - Snipp Interactive Inc., an international provider of mobile marketing solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), today announced the launch of an augmented reality sweepstakes campaign for the National Bank of Kuwait (NBK).

Using the SnippAR app (http://ar.snipp.com), branded as SnippKhayal in the Middle East, customers can scan posters, which promote the sweepstakes, to experience a virtual 360° tour of the luxury grand prize of NBK's Summer Campaign, an Azimut yacht.

The tour delivers an innovative, immersive experience to NBK customers and can be viewed on Apple and Android devices. Snipp designed and developed the app as well as provided strategic advice and support around content and creative assets.

This is the second augmented reality campaign that Snipp has conducted in the Middle East in the past month, with a few more set to launch shortly. SnippAR allows marketers to create seamless and immersive augmented reality experiences for their customers.

Brands can use SnippAR to deliver a host of branded mobile experiences to consumers including virtual visits, 360º product tours, store/location finders, interactive maps, product catalog activations and commerce, virtual gaming experiences and more.

Mazin Al Nahedh, General Manager, Consumer Banking Group at National Bank of Kuwait, said, "Every year, NBK rewards its customers with valuable and unrivaled prizes. This summer, all NBK cardholders have the opportunity to win the remarkably elegant Azimut Yacht. With Snipp's Augmented Reality, our customers can now experience a 360º interactive tour of the yacht. We are excited to introduce this new and innovative technology, as our strength lies in continuously astonishing our customers, whether they are nautical enthusiasts or otherwise."

Atul Sabharwal, Snipp CEO & Co-Founder, said, "Augmented reality creates the most interactive and engaging link between the physical and digital world. The National Bank of Kuwait's AR experience is also deeply immersive - you actually feel like you are inside of the boat. We are thrilled that National Bank of Kuwait chose SnippAR to promote their sweepstakes and look forward to growing our relationship with the bank over the coming months."

Aya Kabbara, Managing Director of Snipp Middle East, said, "NBK has used Snipp's AR technology and expertise to deliver an impressive interactive experience for its customers. This campaign is a testament to the power of mobile augmented reality technology."

To see demos, examples and more information, please visit http://ar.snipp.com.

About Snipp Interactive Inc.

Snipp Interactive Inc. (www.snipp.com) builds mobile solutions for brands to engage and interact with their customers. Snipp provides print publishers, advertising agencies and corporate/consumer brands, including Fortune 500 companies, with three main solution sets:

  • Response: Mobile activations that make offline campaigns more interactive.

  • Infrastructure: Tools to create scalable mobile destinations and experiences.

  • Validation: Mobile workflows to validate purchases and other customer actions.

Snipp generates revenue by designing, constructing, implementing and managing these mobile solutions for its customers. Snipp is headquartered in Washington, D.C. with international operations in Canada, Mexico and India.

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.

Press Enquiries
Snipp Interactive Inc.
Casey Cavanagh
Marketing Manager
202-417-2007
casey@snipp.com

Snipp Middle East
Aya Kabbara
Managing Director, Middle East
+965.22273769
mena@snipp.com

Investor Relations
Snipp Interactive Inc.
Jaisun Garcha
CFO
1-888-99-SNIPP
jaisun@snipp.com

Snipp Interactive Inc.
Anthony Durkacz
Director
1-416-720-4360
investors@snipp.com