Snipp Interactive, Inc.

Snipp Interactive, Inc.

June 14, 2016 07:00 ET

Snipp Signs a $US200,000+ Promotions and Rebates Deal With a World Leader in Premium Spirits

WASHINGTON, DC--(Marketwired - June 14, 2016) - Snipp Interactive Inc. (TSX VENTURE:SPN)(OTCQX:SNIPF) ("Snipp"), an international provider of marketing promotions, rebates and loyalty solutions listed on the OTCQX and the TSX Venture Exchange, is pleased to announce that it has signed a $US200,000+ promotions and rebates deal with a leading producer of wines and spirits. The company is a world leader in the Wines and Spirits industry and has a comprehensive portfolio of well-known premium brands. It operates globally and also produces distilled beverages, energy drinks and non-alcoholic malt beverages.

At the core of SnippRebates is Snipp's market leading purchase validation platform, SnippCheck. Shoppers who buy qualifying products can submit a picture of their receipt via MMS, e-mail or through a dedicated website. Post validation, they receive a rebate via check or PayPal. The programs are age and state-gated to meet the requirements of alcohol industry regulations. SnippRebates is designed to reduce costs for manufacturers while providing consumers with a faster, streamlined experience.

"We are glad to have added another CPG SnippRebates program to our growing portfolio. Our sophisticated suite of shopper-marketing programs is helping brands and marketers engage with consumers while making it more convenient for consumers to save money through rebates and promotions," says Atul Sabharwal, co-founder and CEO of Snipp.

Visit the Snipp website at for examples of Snipp programs.

About Snipp:

Snipp is a global loyalty and promotions company with a singular focus: to develop disruptive engagement platforms that generate insights and drive sales. Our solutions include shopper marketing promotions, loyalty, rewards, rebates and data analytics, all of which are seamlessly integrated to provide a one-stop marketing technology platform. We also provide the services and expertise to design, execute and promote client programs. SnippCheck, our receipt processing engine, is the market leader for receipt-based purchase validation; SnippLoyalty is the only unified loyalty solution in the market for CPG brands. Snipp has powered hundreds of programs for Fortune 1000 brands and world-class agencies and partners.

Snipp is headquartered in Washington, DC with offices across the United States, Canada, UK, Ireland, Europe, the Middle East and India. The company is publicly listed on the OTCQX, the highest tier of the OTC market in the United States of America, and on the Toronto Stock Venture Exchange (TSX) in Canada. Snipp was selected to the TSX Venture 50®, an annual ranking of the strongest performing companies on the TSX Venture Exchange, in 2015 and 2016.

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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