SOURCE: 3 Tier Logic

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August 23, 2016 08:49 ET

3tl Signs $86,000 Agreement to Provide PLATFORM3 for Leading Meat Products Company

VANCOUVER, BC --(Marketwired - August 23, 2016) - 3tl Technologies Corp. (TSX VENTURE: TTM) (OTCQB: TTMZF) (the "Company" or "3tl") announced today that it has signed a license agreement with a leading meat products company to provide its Software as a Service (SaaS) based PLATFORM3 for a mobile shopper marketing promotion. The Company has licensed a two month subscription to PLATFORM3 for the months of September and October 2016. 3tl will be paid US$66,000 ($86,000) for the subscription.

Under the SaaS license agreement model, the Company's proprietary PLATFORM3 technology will be used to enable mobile digital rewards for consumers who purchase meat during the promotion. Consumers who purchase qualifying quantities of the meat products during the promotion period will have the opportunity to submit an image of their receipts online for validation. Once their receipts are validated they will receive a voucher redeemable for movie tickets and coupon that can be used for their next purchase of certain meat products.

"We are very encouraged that another leading brand has selected PLATFORM3 to connect directly with consumers through mobile devices and influence their purchasing decision at the point of sale. In addition, the brand managers are collecting valuable data about who is purchasing their products and the time and location of the transaction." said Rob Craig, CEO of 3tl Technologies. "We are building a track record successful promotions which is leading to larger license agreements and repeat business and positioning 3tl to provide value to our consumer packaged goods companies, while generated high margin SaaS revenues."

About 3tl Technologies Corp.
3tl Technologies Corp. owns 3 tier logic and its proprietary PLATFORM3, Software-as-a-Service (SaaS) consumer marketing platform. PLATFORM3 is used by consumer packaged goods (CPG) companies and their marketing agencies to engage shoppers through their mobile devices, to influence their purchasing decisions, to activate mobile and online promotions, to verify proof-of-purchase, and to gather in-depth data about consumer purchase behaviours.

PLATFORM3 encompasses proprietary consumer engagement strategies and technology modules including Digital Promotions, Receipt Scanning and Validation, Rewards and Gamification, Loyalty, Consumer-to-Consumer Sharing, Coupon Distribution, Product Recommendation Engine, Data Capture and Analytics.

For more information, visit 3tltechcorp.com.

For additional information about the company please visit www.sedar.com. The TSX Venture Exchange Inc. has in no way passed upon the merits of the transaction and has neither approved nor disapproved the contents of this press release. Neither 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. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds and the results of financing efforts, - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact Information

  • For further information, please contact:

    3tl Technologies Corp.
    Robert Craig
    Chief Executive Officer
    (604) 639-5441
    rcraig@3tierlogic.com