VANCOUVER, June 8, 2017 /CNW/ - 3tl Technologies Corp. (TSXV: TTM)(OTCQB: TTMZD) (the "Company" or "3tl") announced an agreement to provide PLATFORM3, its Software as a Service (SaaS) consumer marketing platform, to host a promotion for a leading soft drink brand (the "Brand").
PLATFORM3 will be used as the mobile platform for a shopper marketing promotion to promote the Brand in retail locations across a regional market in the U.S. The promotion is expected to commence in June 2017 and run for two months. The first one thousand consumers of the Brand who purchase a qualifying amount of the Brand's products and validate their purchase receipts with their mobile devices on PLATFORM3 will be rewarded with valuable prizes.
"This is the first time we have provided our mobile platform for this brand," said Rob Craig, CEO of 3tl. "Based on our track record with 38 license agreements last year, short-term promotions on PLATFORM3 tend to result in repeat business with a trend to longer-term and larger licenses. Leading brands are gaining confidence with our ability to connect directly with consumers on mobile devices in retail stores and influence purchasing decisions with rewards while collecting valuable consumer data. For longer term licenses, our artificial intelligence modules enable brands to monetize data collected by PLATFORM3 to automatically target consumers based on their purchasing and demographic profiles."
About 3tl Technologies Corp.
PLATFORM3 is a Software as a Service (SaaS) consumer marketing platform. It enables Consumer Packaged Goods (CPG) companies and consumer brands to engage shoppers through their mobile device and influence their purchasing decisions. PLATFORM3 encompasses proprietary consumer engagement strategies and technology modules including optical character recognition (purchase receipt scanning), digital promotions, purchase data mining, loyalty and rewards. CPG companies and major retail brands use PLATFORM3 to influence and incentivize shoppers to interact with their brand and make purchases in-store and online.
For more information, visit 3tltechcorp.com.
For additional information about the company please visit www.sedar.com. The TSX Venture Exchange Inc. has in no way passed upon the merits of the 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 the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectation. Important factors - including the availability of funds and the results of financing efforts, - that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE 3tl Technologies Corp.
For further information: 3tl Technologies Corp., Robert Craig, Chief Executive Officer, (604) 639-5441, [email protected]