CST: 30/05/2016 11:25:52   

Snipp Signs USD 350K+ Deal With Two Portfolio Brands of an Existing Fortune 500 Multi-Brand Client

76 Days ago

WASHINGTON, DC--(Marketwired - Mar 15, 2016) - Snipp Interactive Inc. (TSX:SPN)(OTCQX:SNIPF) ("Snipp"), an international provider of marketing promotions, rebates, loyalty solutions and rewards listed on the OTCQX and the TSX Venture Exchange, is pleased to announce it has received an order of over $350,000 USD from a Fortune 500 corporation that produces consumer personal care products.

According to David Hargreaves, Chief Client Officer at Snipp, "We are extremely pleased to announce the continued growth of this relationship and look forward to growing into more brands within the portfolio. We are market leaders in doing purchase-based promotions in the CPG space and are seeing more and more brands looking for a digital solution for their promotions, with the aim of further driving customer engagement and sales. We look forward to applying our expertise to create sophisticated promotion and loyalty solutions for their extensive range of products."

The programs are slated to run nationally from March to the end of the year at Walmart.

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp's incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp's unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Washington, DC with offices across the United States, Canada, UK, Ireland, the Middle East and India. The company is publicly listed on the OTCQX, the highest tier of the OTC market in the United States of America, and on the Toronto Stock Venture Exchange (TSX) in Canada. In 2015, Snipp was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange.

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.

Snipp Interactive Inc.
Press Enquiries:
Atul Sabharwal
CEO
415-595-7151
atul@snipp.com
Snipp Interactive Inc.
Investor Relations:
Jaisun Garcha
CFO
1-888-99-SNIPP
investors@snipp.com