Snipp Interactive, Inc.
TSX VENTURE : SPN

Snipp Interactive, Inc.

August 17, 2015 07:00 ET

Snipp Interactive Signs A 2 Year Master Services Agreement With Fortune 500 Cosmetics and Fragrance Products Company

BETHESDA, MARYLAND--(Marketwired - Aug. 17, 2015) - Snipp Interactive Inc. (TSX VENTURE:SPN) ("Snipp"), an international provider of marketing promotions, rebates and loyalty solutions listed on the TSX Venture Exchange, has signed a two year Master Services Agreement (MSA) with a leading Fortune 500 company and a manufacturer and marketer of quality skin care, makeup, fragrance and hair care products. The company's products are sold in over 150 countries and territories under a number of brand names through high-end department stores, specialty stores and online.

The signed agreement formally establishes Snipp as a loyalty technology and solution provider for a number its brands.

According to Snipp CEO Atul Sabharwal, "We are pleased to announce this relationship with another large player cosmetics and beauty products sector. We have always believed that beauty and cosmetics are perfect segments for incentive marketing programs, and we have already launched a number of successful programs in the category. We look forward to applying our expertise to create sophisticated promotions solutions for their portfolio of brands."

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp's technology platform enables brands to drive customer engagement and purchase. Our solutions include loyalty, rebates, receipt processing, rewards, promotions, and data analytics. We provide our clients with a full spectrum of services including creative, program conceptualization, technology, legal, rewards provisioning, fulfillment and reporting. We have created hundreds of cutting-edge programs for Fortune 500 brands and world-class agencies.

Snipp is headquartered in Washington DC, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange. In June, 2015, Snipp acquired Hip Digital Media Inc., a leading digital rewards platform.

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.

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