Ackroo Expands its Local Merchant Footprint into Southwestern Ontario

OTTAWA, Feb. 8, 2013 /CNW/ - Ackroo Inc. (TSX-V: AKR), a loyalty and rewards technology provider, announced the expansion of their customer base into Southwestern Ontario with the addition of 25 new local merchant locations.

Ackroo's web-based loyalty and rewards software platform enables small- to medium-sized merchants to launch their own gift card and loyalty program, allowing them to compete with their bigger retail competitors' programs at a fraction of the cost.

"One of our stated objectives is to increase the footprint of our client base into new markets," said Steve Levely, vice president of sales at Ackroo, "The response to our program by local merchants in Southwestern Ontario has been strong with many merchants eager to implement an affordable turn-key gift card and loyalty solution to help drive consumer engagement and retention."

About Ackroo

Ackroo enables small to medium sized businesses, independent merchants and business networks to increase profitability and build long-term customer relationships through customized loyalty and rewards programs. Their web-based solutions provide the power of a massively scalable software platform in a lightweight online tool that works with existing point-of-sale equipment, making it easy and affordable for businesses of any size to design and launch their own five-star loyalty program.Ackroo is headquartered in Ottawa, Canada. For more information, visit: www.ackroo.com.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains statements that may constitute "forward-looking statements" within the meaning of applicable Canadian securities legislation. These forward-looking statements include, among others, statements regarding business strategy, plans and other expectations, beliefs, goals, objectives, information and statements about possible future events. Readers are cautioned not to place undue reliance on such forward-looking statements. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks, which could cause actual results to vary and in some instances to differ materially from those anticipated by Ackroo Inc. and described in the forward-looking statements contained in this press release. No assurance can be given that any of the events anticipated by the forward-looking statements will transpire or occur or, if any of them do so, what benefits Ackroo will derive there-from.


 

SOURCE: Ackroo Inc.

For further information:

John Chapman
Chief Financial Officer | Ackroo
Tel: 613-599-2396 x714
Email: jchapman@ackroo.com

Jennifer Nelson
Vice President, Marketing | Ackroo
Tel: 613‐599‐2396 x705
Email: jnelson@ackroo.com