TORONTO, Jan. 17, 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 renewal agreement with a leading motorway service area operator with multiple locations in the US, UK and Ireland. The client is
a major gas retailer with over 200 locations and has been a client of the Company for over three years.
This win is significant for the Company as the client had conducted a broad search to benchmark Snipp’s solution
against the competition and, after carrying out its competitive review, chose to renew its contract due to the flexibility, depth
and overall superiority of Snipp’s platform.
The client’s loyalty rewards program rewards guests when they buy gas and shop at the retail gas centers. Guests
can earn points at any one of their nationwide outlets and redeem points for a variety of rewards and other incentives.
“We are very pleased to renew our relationship with another existing customer, especially after a
competitive renewal process,” said Atul Sabharwal, Chief Executive Officer at Snipp. “We look forward to continue delivering
value-added programs and benefits to this client and hope that the client will consider deploying this solution to their other
markets in the future. This is our second big renewal for 2018 and we are very happy with the way things are kicking off for us
this year.”
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:
MKR Group, Inc.
Todd Kehrli / Mark Forney
snipp@mkr-group.com
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.
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