Thu, 24 Jun 2021

VANCOUVER, BC / ACCESSWIRE / May 5, 2021 / Snipp Interactive Inc. ('Snipp', the 'Company') (TSXV:SPN)(OTC PINK:SNIPF), a global provider of digital marketing promotions, rebates, and loyalty solutions, is pleased to announce it has secured a contract valued at over CAD$ 2,000,000 with the Chambers of Commerce of one of the five largest provinces in Canada (the 'Client').

This contract is focused on providing travel stimulus for this specific province and will run over the summer months later this year. This one-of-a-kind program has been designed by Snipp and the Client to help spur travel to this province as and when restrictions lift up and to also incentivize travelers to participate in fun socially distanced outdoor activities.

'We are pleased to secure this large contract in a new market for our solutions. We look forward to working with this province to help its economy generate more business and improve the financial health of its local businesses by implementing a targeted travel stimulus program. We hope to leverage this program as a showcase with other Canadian provinces and US states for similar stimulus programs targeted at meeting the needs of a variety of diverse sectors given the broad applicability of the Snipp platform,' said Atul Sabharwal, Chief Executive Officer at Snipp.

More information about our platform can be found at https://www.snipp.com/

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 Vancouver, Canada with a presence across the United States, Canada, Ireland, Europe, and India. The company is publicly listed on the Toronto Stock Venture Exchange (TSX-V) in Canada and is also quoted on the OTC Pink marketplace under the symbol SNIPF.

FOR FURTHER INFORMATION PLEASE CONTACT:

Snipp Interactive Inc.
Jaisun Garcha
Chief Financial Officer
investors@snipp.com
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 source version on accesswire.com:
https://www.accesswire.com/644709/Snipp-Announces-Signing-of-CAD-2-Million-Contract-with-Canadian-Province

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