Ackroo Expands into Quebec Market
Demand for Ackroo's gift card and loyalty rewards solution continues to grow
OTTAWA, Dec. 11, 2013 /CNW/ - Ackroo Inc. (TSXV: AKR), a loyalty and rewards technology and services provider, announced today that it has engaged a major Quebec clothing retailer, with over 30 locations, as its newest client. This is a significant development for Ackroo as it signals the first entry into Quebec, as well as demonstrates the company's growing ability to target medium sized businesses in national and regional settings across a multitude of industries.
"The Quebec market accounts for 20% of the $12 billion gift card and loyalty market in Canada with a large and sophisticated merchant population that understands and are actively pursuing ways to increase revenue with customer retention solutions." said Eamonn Garry, chief executive officer at Ackroo. "The deployment of our first multi-location French solution in Quebec provides Ackroo with an excellent base for expansion into this market and is further evidence of our ability to deploy our cost effective solutions across all segments of the gift card, and loyalty rewards market."
With over 600 customer merchant locations, Ackroo's web-based software platform combines the convenience of a gift card, the customer retention power of a loyalty program and the immediacy of promotional offers in a single, easy-to-use solution enabling businesses of all sizes to launch customer retention programs that drive revenue.
Ackroo provides solutions into the $145 billion North American loyalty and gift card market. We enable businesses, merchants and business networks to increase profitability and build long-term customer relationships through customized gift card and loyalty 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 to launch programs that deliver immediate return on investment. Ackroo is headquartered in Ottawa, Canada. For more information, visit: www.ackroo.com.
The TSX Venture Exchange 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.
SOURCE Ackroo Inc.For further information:
Chief Financial Officer | Ackroo
Tel: 613-599-2396 x714
President | Network IR