SOURCE: 3 Tier Logic

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January 27, 2016 08:30 ET

3TL Signs License Agreement to Provide Digital Marketing Technology for Leading Dietary Supplement & Vitamin Brand

VANCOUVER, BC--(Marketwired - January 27, 2016) - 3TL Technologies Corp. (TSX VENTURE: TTM) (OTCQB: TTMZF) (the "Company" or "3TL") announced today that it has signed an agreement to provide Platform3 to a leading dietary supplement and vitamin company. Platform3 will be used for a promotion, which will take place in all retail stores that offer the applicable products in the U.S.

Under the agreement 3TL's proprietary Optical Character Recognition (receipt scanning) module of Platform3 will enable a campaign where consumers who purchase a qualifying amount of the products will have the opportunity to upload their receipt to a branded website for validation. Once their receipt is validated, they can register for an entry to a sweepstakes for a chance to win valuable prizes including a spa weekend getaway.

Consumers who register for the sweepstakes can earn additional entries for sharing the promotion with their friends and followers through Facebook or Twitter using the consumer-to-consumer content sharing module of Platform3. The promotion also uses the gamification module of Platform3 to enhance the consumer experience and the data mining and rewards modules to collect and analyze consumer demographics.

"This promotion illustrates the power of Platform3's integrated modules to first influence purchasing decisions at the point-of-sale and then reward consumers for promoting brands they love and products they buy through social channels," said Rob Craig, CEO of 3TL Technologies. "Platform3 was built from the ground up to be a robust, integrated digital marketing solution for major brands. The multiple license agreements we have signed for promotions in 2016 give us further confidence that 2016 will be a breakthrough year for 3TL. "

Platform3 is 3TL's proprietary SaaS-based digital marketing platform, which includes integrated modules for, optical character recognition (receipt scanning), consumer-to-consumer content sharing, rewards and loyalty, data mining and customer relationship management. Platform3's optical character recognition mobile shopper marketing technology enables the promotion to take place by 'reading' the uploaded receipts, verifying proof-of-purchase, and awarding rewards on a consumer-specific basis.

About 3TL Technologies Corp.

Platform3 is a Software as a Service (SaaS) consumer marketing platform. It enables Consumer Packaged Goods (CPG) companies and consumer brands to engage shoppers through their mobile device and influence their purchasing decisions. Platform3 encompasses proprietary consumer engagement strategies and technology modules including optical character recognition (purchase receipt scanning), digital promotions, purchase data mining, loyalty and rewards. CPG companies and major retail brands use Platform3 to influence and incentivize shoppers to interact with their brand and make purchases in-store and online. 

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For additional information about the company please visit 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 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