Snipp Interactive, Inc.
TSX VENTURE : SPN

Snipp Interactive, Inc.

September 17, 2013 10:20 ET

Quantum Rewards Leverages Snipp's SnippCheck Mobile Receipt Processing Solution for EA Games Madden Video Game Promotion at Walmart

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwired - Sept. 17, 2013) - Snipp Interactive Inc., Snipp Interactive Inc., an international provider of mobile marketing solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), announced today that Quantum rewards is leveraging its SnippCheck mobile receipt processing solution in a unique promotion with Walmart and EA Games for the new Madden Football Game for the Xbox 360.

The promotion, done in conjunction with mobile promotion agency Quantum Rewards, leverages Snipp's unique SnippCheck mobile receipt processing solution to validate the purchases on the receipts sent in to deliver rewards back to the consumers. SnippCheck affords consumers an entirely mobile workflow for rewards redemption, providing greater convenience and much faster turnaround times. At the same time, retailers and brands have infinite flexibility in structuring their promotions, and are able to deploy these programs faster and more cost-effectively.

According to Atul Sabharwal, CEO of Snipp, "We are pleased that our partner Quantum Rewards selected SnippCheck for this campaign. SnippCheck allows brands to easily tap into customers at the point of purchase without the need to set up any type of POS integration and makes purchase-related promotions so much easier for both brands/retailers and consumers. In the past, for a promotion like this, consumers would have to photocopy their receipts and send them in by mail - now they get their rewards back overnight. SnippCheck offers consumers greater convenience and speed, while providing retailers and brands with infinite flexibility and faster deployment at much more cost-effective price points."

"Snipp's mobile receipt validation capabilities opens up many new avenues for our Quantum clients to create in-store promotions," explained Jason Davis, executive vice president of Quantum Rewards. "The ability for our clients to create seasonal promotions featuring our Hollywood Movie Money ticket or other Quantum promotions is more cost efficient and retrieves valuable consumer information. For the customer, the convenience of receiving their rewards simply by using their mobile phone provides instant gratification, not to mention providing state-of-the-art technology right at the consumer's fingertips.

The campaign is currently live in Walmart stores and online and ends on September 18. Participating snack products include Campbell's® Chunky™ soup, SNICKERS® Brand 6.98 oz. bag or larger, Doritos® Nacho Cheese and Cool Ranch 11 oz. Flavored Tortilla Chips, and Pepsi Max® 12 pk.

About Quantum Loyalty Solutions, Inc.

Quantum Loyalty Solutions, Inc., based in Incline Village, Nevada, is recognized as one of the most innovative companies in the promotional incentives and loyalty marketing industry. Its Hollywood Movie Money product is the most widely accepted movie ticket currency worldwide, with more than 1.6 billion tickets issued to date in 28 countries. The company's global reach has helped many of the world's largest brands incentivize customers by using Quantum Rewards products for acquisition, retention and loyalty promotions and gift rewards.

About Snipp Interactive Inc.

Snipp Interactive Inc. (www.snipp.com) builds mobile solutions for brands to engage and interact with their customers. Snipp provides print publishers, advertising agencies and corporate/consumer brands, including Fortune 500 companies, with three main solution sets:

  • Response: Mobile activations that make offline campaigns more interactive.

  • Infrastructure: Tools to create scalable mobile destinations and experiences.

  • Validation: Mobile workflows to validate purchases and other customer actions.

Snipp generates revenue by designing, constructing, implementing and managing these mobile solutions for its customers. Snipp is headquartered in Washington, D.C. with international operations in Canada, Mexico and India.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the 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.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Contact Information

  • Snipp Interactive Inc.
    Press Enquiries
    Atul Sabharwal
    CEO
    415-595-7151
    atul@snipp.com

    Snipp Middle East
    Aya Kabbara
    Managing Director, Middle East
    +965.22273769
    mena@snipp.com

    Snipp Interactive Inc.
    Investor Relations
    Jaisun Garcha
    CFO
    1-888-99-SNIPP
    jaisun@snipp.com

    Snipp Interactive Inc.
    Anthony Durkacz
    Director
    1-416-720-4360
    investors@snipp.com