SOURCE: 3 Tier Logic

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June 22, 2016 08:00 ET

Fandango Rewards Licenses 3 Tier Logic Technology for Consumer Loyalty Programs

VANCOUVER, BC--(Marketwired - June 22, 2016) - 3TL Technologies Corp. (TSX VENTURE: TTM) announced today that it has entered into a multi-year agreement with Fandango Rewards to license its 3 Tier Logic Platform3 technology (http://3tierlogic.com/company) for use in Fandango Rewards (http://fandangorewards.com) consumer promotion programs throughout the United States.

Fandango Rewards will use multiple modules of Platform3 including Receipt Scanning and Validation (Optical Character Recognition technology), Data Capture and Analytics, and proof-of-purchase tracking, which together will enable consumers to enter retail promotions by taking a photo of retail purchase receipts (and other printed collateral), and uploading the receipt image and other information into an online promotion form, via text or web-based microsite.

"We couldn't be happier than to work with Fandango Rewards on an endeavor such as this and we are looking forward to demonstrating the unique capabilities and differentiation of our technology through this relationship," said Robert Craig, Chief Executive Officer of 3TL Technologies. "We are also looking forward to continue building our working relationship, and our technologies, with Fandango Rewards for many years to come."

About Fandango Rewards

Fandango Rewards is the business-to-business sales and marketing unit of Fandango, a leading digital destination for all things movies. As a rewards and incentives provider, Fandango Rewards programs are customized for each individual brand promotion. Promotional codes from Fandango Rewards enable consumer brands and services to offer their customers and employees incentives for movie tickets, mobile downloads, eGift Cards and Visa Rewards Virtual Accounts accepted at millions of merchant locations, and e-commerce sites nationwide. The Fandango Rewards portfolio begins with the industry's premier promotional movie ticket, with access to seating at more than 36,000 screens nationwide.

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 device, 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 behaviors.

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.

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