Advantex Announces Extension of Loyalty Marketing Program Agreement and
Listing Update
ADX: TSX
Under the agreement, certain CIBC credit card holders are able to accelerate their earning of rewards through purchases at merchants within the CIBC Advantex Benefit Program.
"We have enjoyed a lengthy and mutually beneficial relationship with CIBC that goes back to 1995 when our companies first agreed to work together on value-added loyalty marketing programs," said
Coinciding with the extension of the CIBC agreement, Advantex is also pleased to announce that it has secured a listing of its common shares on the TSX Venture Exchange ("TSXV") resulting in a seamless transition to the TSXV for its shareholders. Advantex's common shares will be delisted from the TSX effective at the end of trading on
About Advantex Marketing International Inc.
Advantex is a specialist in the marketing services industry, managing white-labeled rewards accelerator programs for major affinity groups through which their members earn bonus frequent flyer miles and/or other rewards on purchases at participating merchants. Under the umbrella of each program, Advantex provides merchants with marketing, customer incentives, and secured future sales through its Advance Purchase Marketing model. Advantex partners include more than 1000 restaurants, online retailers, golf courses, small inns and resorts, and major organizations, including CIBC, United Airlines, Alaska Airlines, and Lufthansa Airlines. Advantex is currently traded on the
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For further information: Mukesh Sabharwal, Vice-President and Chief Financial Officer, Tel: (905) 470-9558 ext. 249, E-mail: [email protected]
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