Snipp Interactive Inc.

TSX VENTURE : SPN


Snipp Interactive Inc.
Deedod Inc.



November 14, 2012 09:15 ET

Snipp Interactive Inc. and Deedod Inc. Sign Strategic Sales and Marketing MOU

WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Nov. 14, 2012) - Snipp Interactive Inc., an international provider of mobile marketing solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), and Deedod Inc., a national provider of digital media solutions, are pleased to announce that they have signed a Memorandum of Understanding ("MOU").

Both companies will sell and promote each other's services and solutions to existing and potential customers, earning referral fees from introductions that result in signed contracts and revenues. In addition, Deedod and Snipp will collaborate to introduce Snipp's 'Mobilize Me' Platform and innovative mobile technology solutions as a prospective value add to Deedod's client-base.

"We are excited to begin this partnership with Deedod. We look forward to sitting down together to brainstorm and develop innovative mobile campaigns and technology solutions together," said Atul Sabharwal, CEO of Snipp. "We will continue to grow our 'Mobilize Me' platform in working with excellent partners like Deedod."

"Working with clients in a host of leading industries, we've identified a significant gap in the eBuisness/eCommerce/Web space, which poses risk to clients as they strive to build and sustain a strategic advantage in a highly competitive marketplace," said Matt Armstrong, Deedod's Managing Director. "Many agencies either provide services to clients on a tactical, execution level or on a strategic, consultative level, but few, however, are providing a comprehensive offering that incorporates both specialties - well. By collaborating with Snipp, Deedod is further substantiating its position as a strategic digital media partner, capable of delivering a streamlined relationship to clients by leveraging its resources to implement a fully-integrated approach to supporting client objectives on a business, design, and technical level from both a tactical and strategic standpoint."

About Deedod

Deedod Inc. (www.deedod.com) delivers digital media solutions to globally recognized brands in sports, news, entertainment, education, and retail. Based in Virginia, Deedod is driven by the passion to create engaging interactive experiences - solutions that generate sustainable ROI for clients. Moreover, Deedod is making large advancements in the mobile space by fusing human ingenuity with time-tested experience to push the boundaries of mobile technology. Deedod's rise is attributable to its commitment to remaining agile, collaborative, and focused on delivering superior, cost effective solutions that create measurable results for clients in the hyperactive global marketplace.

About Snipp Interactive Inc.

Snipp Interactive Inc. (www.snipp.com) provides print publishers, advertising agencies and corporate/consumer brands, including Fortune 500 companies, with a full suite of mobile marketing services in North America, and generates revenue by designing, constructing, implementing and managing these mobile marketing services for its customers. Snipp Interactive Inc. is headquartered in Washington, D.C. with international operations in Canada, Mexico and India.

Disclaimer for Forward-Looking Information

This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Snipp Interactive Inc.'s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include information relating to the closing of the Qualifying Transaction. Such statements and information reflect the current view of Snipp Interactive Inc. with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and Snipp Interactive Inc. undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.

Snipp Interactive Inc. cautions that the foregoing list of material factors is not exhaustive. When relying on Snipp Interactive Inc.'s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Snipp Interactive Inc. has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.

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

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.

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