Demand for Ackroo's loyalty solutions continues to grow
OTTAWA, Dec. 5, 2013 /CNW/ - Ackroo Inc. (TSX-V: AKR), a leading gift card and loyalty rewards solution
provider, announces that it has signed its first sports franchise. The
selection of Ackroo by a Canadian football franchise adds to Ackroo's
growing revenue and provides a catalyst for expansion into major league
sports franchises in North America.
"Sports franchises are a large and sophisticated component of the retail
economy that continuously demonstrates huge growth and brand
awareness," said Eamonn Garry, chief executive officer at Ackroo.
"Sports franchises understand and are acting on the need for revenue
increase and customer retention solutions with direct relevance to all
consumers. The deployment of our first sports franchise 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. This press release contains statements that
constitute forward looking statements. These statements include, among
others, statements about commercial deployment following pilot
deployment.. Readers are cautioned not to place undue reliance on such
forward looking statements. Such statements are based on current
expectations and assumptions and involve a number of risks and
uncertainties which could cause actual results to differ materially
from those anticipated by Ackroo Inc.
SOURCE: Ackroo Inc.
For further information:
Chief Financial Officer | Ackroo
Tel: 613-599-2396 x714
President | Network IR