IT News Online – Snipp Interactive Inc. Says Record Third Quarter Sales Bookings at US $ 5.7 Million, Highest in History
VANCOUVER, BC / ACCESSWIRE / October 6, 2021 / Snipp Interactive Inc. (“Snipp”, the “Company”) (TSXV: SPN) (OTC PINK: SNIPF), a global provider of digital marketing promotions, discounts and loyalty solutions, is pleased to announce another historic and successful quarter. For the first time in its history, the company achieved total sales of over US $ 5.7 million. This beats our second quarter which was the quarter where we had previously achieved record all-time sales. In addition to breaking that record, this quarter marks the second consecutive quarter of Snipp’s sales bookings breaking the US $ 5 million mark. Closing this very successful quarter, the company last week executed 12 contracts valued at US $ 1.68 million. Sales bookings have been made in the United States, Latin America and EMEA and across all components of the Company’s modular SnippCARE (Customer Acquisition, Retention and Engagement) platform.
“We couldn’t be happier with our sales bookings in the third quarter. things are progressing for the company as we execute on our growth strategy, ”said Atul Sabharwal, Founder and CEO.
Snipp is a global loyalty and promotions company with a single goal: to develop disruptive engagement platforms that generate information and drive sales. Our solutions include buyer marketing promotions, loyalty, rewards, discounts, and data analytics, all of which are seamlessly integrated to provide a one-stop-shop 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 in receipt-based purchase validation; SnippLoyalty is the industry’s only unified loyalty solution 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 in the United States, Canada, Ireland, Europe and India. The company is listed on the Toronto Venture Exchange (TSX-V) in Canada and is also listed on the OTC Pink market under the symbol SNIPF.
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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”, “intention”, “plan”, “anticipate”, “believe”, “estimate”, ” expect ”and similar phrases 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. There are many factors that could cause our actual results to differ materially from statements made, including factors discussed in documents we have filed with Canadian securities regulators. If one or more of these risks and uncertainties, such as changes in demand and prices for the company’s products or the materials needed to manufacture such products, labor relations issues, currency fluctuations and interest rates, increased competition and factors, occur or if the assumptions underlying forward-looking statements prove to be incorrect, actual results may differ materially from those described herein as expected, planned, anticipated or expected. We do not intend and assume no obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to place undue reliance on these forward-looking statements.
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