Ackroo Announces Issuance of Stock Options

OTTAWA, Dec. 9, 2013 /CNW/ - Ackroo Inc. (TSXV: AKR) (the "Company"), today announced pursuant to the requirements of the TSX Venture Exchange, that it has granted options to purchase 3,145,542 common shares of Ackroo to directors, officers and consultants of the Company at a price of $0.20, for a period of ten years.  In addition, an aggregate of 2,208,023 existing options have been cancelled.

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.

About Ackroo

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:

SOURCE: Ackroo Inc.

For further information:

John Chapman
Chief Financial Officer | Ackroo
Tel: 613-599-2396 x714

Andrew Mugridge
President | Network IR
Tel: 604-559-5573

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. 

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