Ackroo Selected as Loyalty Provider for a Canadian Sports Franchise

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.

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: 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]