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Snipp Interactive Announces US$800,000 Renewal with Leading Roofing Products Company to Enhance their Channel Loyalty Program
VANCOUVER, BC / ACCESS Newswire / March 31, 2025 / Snipp Interactive Inc. ("Snipp" or the "Company") (TSX-V:SPN)(OTCPK:SNIPF), a Platform-as-a-Service (PaaS) leader in the global loyalty and promotions sector, today announced the renewal of its contract with a leading high-performing roofing products company. Building on a successful three-year collaboration, the new agreement extends the partnership for another three years, with an initial contract value of over US$800,000, with the potential to double this through variable fees.
Through this partnership, Snipp will continue to power the company's tiered channel loyalty program, which provides contractors with an array of benefits, including rebates, marketing funds, lead generation, educational tools and events, co-branded marketing materials and other exclusive partner program benefits.
Snipp's technology enables sophisticated and seamless receipt, invoice, and image validation to ensure accurate and efficient claims processing. Additionally, Snipp provides advanced fraud detection and management capabilities, helping to maintain the integrity of the program while delivering a smooth user experience. The program also leverages robust data analytics, gathering insights on customer behavior, channel performance, and purchase preferences to optimize engagement strategies.
"We are thrilled to continue our partnership with this industry-leading roofing products company and enhance their B2B contractor loyalty program," said Atul Sabharwal, CEO of Snipp Interactive Inc. "Our sophisticated validation technology, combined with data-driven insights, allows us to drive measurable value for both our client and their contractor network."
"This contract renewal underscores our commitment to delivering innovative, results-driven loyalty solutions for our clients. By leveraging our advanced transaction validation technology and analytics, we are helping businesses enhance customer engagement, optimize channel performance, and drive long-term loyalty. We look forward to further strengthening our partnership and expanding the impact of this program."
As Snipp continues to innovate in the loyalty and rewards space, this renewed partnership reflects the growing demand for intelligent, data-driven solutions that empower brands and their partners.
For more information about Snipp and its suite of loyalty and promotions solutions, visit www.snipp.com.
About Snipp:
Snipp Interactive Inc. (TSX-V: SPN; OTCPK: SNIPF) is a leading Platform-as-a-Service (PaaS) company in the global loyalty and promotions sector. Snipp's proprietary and modular SnippCARE (Customer Acquisition, Retention & Engagement) Platform allows its marquee list of Fortune 500 clients and world-class agencies and partners to use various modules of the Platform to run long-term and short-term programs and promotions, while continually generating and capturing unique zero party data that is invaluable in providing insights to drive sales. SnippCHECK, the Platform's Receipt Processing Module has established itself as an industry leader and standard by powering a large majority of all receipt-based promotions in North America. SnippLOYALTY, the Platform's full scale modular loyalty engine allows clients the flexibility of deploying any/all aspects of a standard loyalty program on a case-by-case basis. SnippREWARDS, the Platform's modular catalogue of digital and physical rewards provides clients with global and easily deployable access to an extensive catalogue of digital and physical rewards. SnippWIN, the Platform's gaming module solves for the implementation and compliance difficulties of offering games of chance and skill on a global basis and allows for the global deployment and administration of legally compliant games of chance and skill. For more information, visit Snipp's website at www.snipp.com and its profile on SEDAR+ at www.sedarplus.ca.
Snipp is headquartered in Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. Snipp is publicly listed on the TSX Venture Exchange in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.
FOR FURTHER INFORMATION PLEASE CONTACT:
Snipp Interactive Inc.
Richard Pistilli
Chief Financial Officer (Interim)
[email protected]
1-888-99-SNIPP
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.
SOURCE: Snipp Interactive Inc.
View the original press release on ACCESS Newswire
P.Silva--AMWN