Demand for Ackroo's gift card and loyalty rewards solution continues to
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
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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