Snipp Interactive, Inc.
TSX VENTURE : SPN

Snipp Interactive, Inc.

December 15, 2015 07:00 ET

Snipp Signs a Two Year Master Services Agreement With Leading Global Lifestyle Company

BETHESDA, MARYLAND--(Marketwired - Dec. 15, 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 global lifestyle brand, housing a renowned portfolio of footwear, apparel and accessories.

The company designs, markets and distributes products developed for both everyday casual lifestyle use and high performance activities, which are sold in more than 50 countries and territories through select department and specialty stores, 142 Company-owned and operated retail stores, and select online stores, including Company-owned websites.

According to Snipp CEO, Atul Sabharwal, "We are extremely pleased to announce this relationship with a preeminent player in the lifestyle sector, and we look forward to applying our expertise to create sophisticated loyalty and promotions solutions for their range of products. This sector is particularly well-served by incentive marketing, and over the next two years we expect to launch innovative programs that further nurture the company's relationship with its millions of loyal customers."

The signed agreement formally establishes Snipp as a mobile technology supplier for a range of marketing solutions, beginning with a loyalty-focused campaign whereby consumers who purchased qualifying products from participating retailers can snap, upload and validate their receipts via SnippCheck, Snipp's receipt processing solution, for loyalty points.

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

About Snipp:

Snipp's incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp's unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Bethesda, Maryland, with offices across the United States, Canada, UK, Ireland, Switzerland, 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. We have closed two acquisitions in the past year, the most recent being the acquisition of Hip Digital Media, Inc., a leading digital rewards platform in June 2015.

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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