Ackroo Increases Automotive Dealer Group Market Share

Demand for Ackroo's DealerCard solution continues to grow

OTTAWA, Dec. 3, 2013 /CNW/ - Ackroo Inc. (TSX-V: AKR), a loyalty and rewards technology and services provider, announced that it has been selected by two major Canadian automotive dealer groups and a US-based automotive dealer group to power their dealer group loyalty programs. The addition of these new dealer groups brings the total number of dealerships supported by Ackroo to 74 across North America.

Ackroo's DealerCard program is a turn-key loyalty program specifically designed for the automotive industry to allow independent car dealerships and dealer groups to reward customer loyalty, boost customer retention and create new revenue streams.

"Automotive dealerships make up a very large, sophisticated and underserved market in which revenue increase and customer retention is top of mind," said Eamonn Garry, chief executive officer at Ackroo. "Ackroo's DealerCard provides the ideal solution for this market by focusing on the dealers themselves with immediate, proven return on investment."

"The auto dealer market in North America includes more than 20,000 dealerships. Ackroo's signing of these North American dealer groups is further evidence of our ability to sell into this market and provide dealer group wide solutions that are cost effective and easy to deploy."

About Ackroo
Ackroo enables 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.

John Chapman
Chief Financial Officer | Ackroo
Tel: [phone] x714
Email: [email protected]

Andrew Mugridge
President | Network IR
Tel: [phone]
Email: [email protected]