SOURCE: 3 Tier Logic

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February 23, 2016 08:30 ET

3TL Signs License Agreement to Provide Platform3 for Leading Pork Products Brand

VANCOUVER, BC--(Marketwired - February 23, 2016) - 3TL Technologies Corp. (TSX VENTURE: TTM) (OTCQB: TTMZF) (the "Company" or "3TL") announced today that it has signed a license agreement to provide Platform3  to promote the consumer packaged pork products of a leading pork products brand. The shopper marketing promotion will commence on February 28, 2016 and run for one month.

Under the license agreement, the Company's proprietary Platform3 Optical Character Recognition (receipt scanning) technology will be used in to enable mobile digital rewards for consumers who purchase the pork products in a retail locations across the U.S.

Consumers who purchase three participating products in one transaction during the promotion period will have the opportunity to submit an image of their receipt online for validation. Once their receipt is validated, they will receive a reward code via email, valid for a $9 movie certificate to see any movie. While there is a limit of two rewards per person, the promotion provides for an unlimited supply of reward codes.

"Platform3 is gaining traction across consumer packaged goods categories. Consumer brands and their agencies are looking for ways to connect directly with consumers via mobile devices and influence their purchasing behaviour with rewards. Platform3 does that and also enables brands to reward consumers to share brand friendly content with their social networks while collecting valuable demographic data," said Rob Craig, CEO of 3TL Technologies. "Since launching our shopper marketing solution last year we have signed license agreements to provide Platform3 to leading brands in meat products, soft drinks, vitamins, video games, confectionary, household products and childcare products."

Platform3 is 3TL's proprietary software-as-a-service (SaaS) 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. 

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