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Leading Movie Ticketing and Promotions Company Signs 12 Month Sales Agreement With Snipp Interactive Inc.(Marketwire (Canada) Via Acquire Media NewsEdge) BETHESDA, MARYLAND--(Marketwired - Sept. 30, 2014) - Snipp Interactive Inc. ("Snipp"), an international provider of marketing promotions solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), announced today that it has signed a sales agreement with a leading movie ticketing and promotions company. The company, which is owned by one of the largest entertainment companies in the world, began working with Snipp 12 months ago and has run several campaigns per quarter on the SnippCheck receipt processing platform. Based on the success of these promotions, the company decided to commit to a formal partnership with Snipp. The 12-month contract includes a minimum revenue commitment by the company to Snipp that is to be adjusted against the campaigns the company plans to run for its clients on Snipp's platform of promotion solutions. For confidentiality and competitive reasons, names and dollar amounts of the contract have been withheld. Atul Sabharwal, Snipp CEO, said, "We are always happy to see clients return and are thrilled to see how our relationship has grown over the past year. We look forward to continuing to work together on consumer promotions and further strengthen our market-leading position in mobile receipt processing and promotions delivery. Increasingly our clients are becoming our long-term partners, and relationships such as this one allow us to create turnkey solutions and an industry-leading ecosystem for promotions marketing." About Snipp: Snipp Interactive Inc. (www.snipp.com) builds cross-device shopper marketing solutions for brands to engage and interact with their customers. We provide a full spectrum of services including campaign conceptualization, rules and legal, design, execution, rewards provisioning and fulfillment. We have four main solution sets: - Mobile Promotions and Contests: A turnkey contesting platform that provides a full range of mobile-based contests, from simple sweepstakes to instant win programs to tiered, multi-level games. - Purchase Promotions / Receipt Processing: Snipp's unique SnippCheck mobile receipt processing solution allows brands to execute customized purchase-based promotions. We support any qualification criteria, work across all retailers and all devices. - Loyalty Programs: Snipp's white-label loyalty engine allows clients to deploy anything from simple punch-card programs to sophisticated, full-fledged points-based loyalty programs with rewards stores attached. - Augmented Reality and Apps: Snipp produces cutting edge augmented reality campaigns and apps for leading brands around the world. 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. FOR FURTHER INFORMATION PLEASE CONTACT: Press Enquiries: Atul Sabharwal CEO 415-595-7151 [email protected] Investor Relations: Jaisun Garcha CFO 1-888-99-SNIPP [email protected] www.snipp.com Source: Snipp Interactive, Inc. |