TORONTO, June 14, 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 from a leading CPG company (the “Customer”). The Customer is a American multi-national consumer goods Fortune
500 company that manufactures personal and household care products and has a portfolio of over 50 brands.
The Customer had launched this program on the Snipp platform last year and under this agreement, has extended
the scope of the program. The Company is currently running a successful multi brand loyalty program for this Customer, where
consumers who purchase $50 worth of qualifying products at a leading retailer get a $10 retailer gift-card in the mail. Consumers
can meet the purchase requirement over a single or multiple transactions. Snipp is handling the receipt validation, fulfillment and
customer service for this program.
“We are very pleased to extend this program for this category leading CPG client. They have run multiple
programs with Snipp and extended the program based on the continued success and adoption of this program as a tool to drive their
marketing objectives at this retailer.” 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 other brands within their portfolio.”
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.
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Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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respective owners.