Ackroo signs partnership agreement with InfoNet Technology Corporation

Ackroo's continues to expand its reach into the fuel retailing and c-store sectors

OTTAWA, March 11, 2014 /CNW/ - Ackroo Inc. (TSXV: AKR), a loyalty and rewards technology and services provider, announced today that it has signed a partnership agreement with InfoNet Technology Corporation. InfoNet is a leading provider of Point of Sale management systems to the retailing fuel, convenience store and unattended fueling industries with over 1,000 locations supported to date. Through this go to market partnership Ackroo will integrate its gift card and loyalty solution into InfoNet's market leading Point of Sale management system in order to provide more solution options to InfoNet's current and prospective customers while also offering  integrated Point of Sale solutions to Ackroo's growing customer base in these segments.

"I'm very excited about the partnership agreement and integration with InfoNet's management system solution." said Steve Levely, executive vice president at Ackroo. "Our partnership provides a great differentiator for both organizations and assists both companies in becoming market leaders in this very large segment of the retail economy."

Ackroo also announces the retirement of current President Mr. Ron Frank.  Ron will continue to support Ackroo in a consultancy role moving forward. The company would like to thank Ron for all of his contributions to date and we look forward to working with him in his consulting role.

About Ackroo

Ackroo provides gift card and loyalty solutions into the $145 billion North American gift card and loyalty market. Their solutions enable businesses, merchants and business networks to increase profitability and build long-term customer relationships through customized gift card and loyalty programs. Ackroo's 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 loyalty programs that deliver immediate return on investment. Ackroo is headquartered in Ottawa, Canada. For more information, visit: www.ackroo.com.

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SOURCE: Ackroo Inc.

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

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