SOURCE: E-Rewards Network, Inc.

August 25, 2013 19:04 ET

e-Rewards Network Issues Updated Report on Current Operations

BROOKLYN, NY--(Marketwired - Aug 25, 2013) - e-Rewards Network Inc. (OTC Pink: ERNI) issues an operational update on the implementation of the Earn IQ rewards program in New York.

e-Rewards Network is excited to announce that as of August 26, 2013, Earn IQ has officially launched its rewards program with an adequate number of participating restaurants in selected areas of Brooklyn, Queens, Manhattan, and Long Island. The program, which had been in its pilot phase since February 2013, has garnered 2,000 registered members since its start -- a number that expects to grow to around 10,000 over the next few months. During the pilot phase, the Earn IQ team had the opportunity to test the rewards program for both the online and in-store services in a real environment and restore critical technical issues. The company has also conducted several in-store and online marketing campaigns for its members. Throughout this period, Earn IQ has substantially grown and strengthened its revenue projections and asset valuation based on real results.

"We are pleased with the progress we made within the last 6 months and look forward to achieving explosive growth via dining rewards for our members and other retail-related businesses. As with almost all startups, any growth is significant. Undoubtedly, e-Rewards Network and its subsidiaries are expecting the characteristic of rapid growth in the initial phases of the startup process," stated Nikolaos Mangas, President and Treasurer of e-Rewards Network Inc.

The Earn IQ program at a glance
At Earn IQ, we have created a rewards program that has the capability to make society's dining experience better than ever. We offer what we like to call Endless Rewards, with the flexibility and freedom our competitors have yet to match. We give diners the ability to earn back 5%-9% of their total bill WHENEVER, HOWEVER, and WHEREVER they want from our Earn IQ partners. Whether they order food online, order from their Smartphones with the Earn IQ app, pick up their food or dine out at a restaurant, either way, they get rewarded instantly EVERY TIME. There are no limits on how much they can earn back, no deadlines or blackout dates and no membership fees. The best part is, people earn back points even when they pay with Earn IQ points.

Visit us and register now for free at

About E-Rewards Network Inc.
E-Rewards Network Inc. -- formerly NIS Holdings Corp. -- is a public company with its common stock currently traded on the over-the-counter (OTC) markets, under the ticker symbol ERNI. It is registered in Carson City, Nevada and headquartered in the City of New York. The Company specializes in building and implementing key strategies for firms with high-potential and capabilities of achieving sustainable growth. E-Rewards Network Inc. provides professional support for its consolidated subsidiaries through operational business management, financing, and controlling activities. The Company targets the following business sectors: the customer loyalty management market, the gift card industry, the online food ordering industry and the marketing consulting industry.

About Earn IQ Inc.
Earn IQ Inc. is a B2B and B2C company offering a consumer loyalty platform coupled with marketing and advertising services for various industries. The company is currently running an innovative -first of its kind- rewards program in the US serving restaurants in the New York area with combined services of online food ordering and in-store dining rewards. In addition, it provides consumers with unique opportunities to interact and engage with flexible online and mobile products.

Issued by E-Rewards Network Inc.
For further information in this release please contact Mrs. Vasiliki Anagnostou at E-Rewards Network Inc. on tel.: 212-6881007, e-mail:

This document was produced by and the opinions expressed are those of E-Rewards Network Inc. as of the date of writing and are subject to change without obligation to update. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of E-Rewards Network Inc. to any person to buy or sell any security. Any reference to past performance is not a guide to future performance. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable, but E-Rewards Network Inc. does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

This release may contain forward-looking statements, including, without limitation, statements containing the words "believes", "anticipates", "expects", "intends", "plans", "seeks", "estimates", "may", "will", "could", "stands to" and "continues", as well as similar expressions. Such forward-looking statements may involve known and unknown risks, uncertainties and other factors which might cause the actual results, financial condition, performance or achievements of E-Rewards Network Inc., or industry results, to be materially different from any historic or future results, financial conditions, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, the reader is advised not to place any undue reliance on such forward-looking statements. These forward-looking statements speak only as of the date of publication of this document. E-Rewards Network Inc. expressly disclaims any obligation to update any such forward-looking statements in this document to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based, unless required by law or regulation.

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