Intouch Insight wins major contract with large U.S. vaping manufacturer
OTTAWA, Jan. 15, 2019 /CNW/ - Intouch Insight Ltd. ("Intouch") (TSXV: INX) (OTCQB: INXSF) today announced that it has signed an agreement with one of the largest vaping manufacturers in the United States to provide age verification audits regarding the sale of their vaping product lines. The agreement starts immediately and has the potential to be worth $1.8M USD per year.
Intouch will use its independent mystery shoppers to evaluate the processes being followed by retailers selling its client's vaping products, to ensure adherence to state and federal regulations as well as the policies established by the client.
"At Intouch we understand how important it is to ensure that adult-oriented products do not wind up in the hands of our youth. Partnering with such a large and respected manufacturer was a natural fit for us given our expertise in alcohol and tobacco age verification compliance audit programs and our recently announced cannabis compliance programs," said Cameron Watt, President & Chief Executive Officer, Intouch Insight. "We won this contract under a competitive bid situation and our success clearly demonstrates once again the power of our new technology. This client is an innovative market leader and we are very pleased to have been selected to work with them," said Watt.
About Intouch Insight
Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Through its flagship SaaS product, LiaCXTM, Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America's most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, and event marketing automation solutions. For more information, visit intouchinsight.com.
Certain statements included in this news release contain forward looking statements, which by their nature are necessarily subject to risks and uncertainties and other factors that may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such statements reflect the Company's current views with respect to future events and are based on information currently available to the Company and on hypotheses which it considers to be reasonable; however, management warns the reader that hypotheses relative to future events which are beyond the control of management could prove to be false, given that they are subject to certain risks and uncertainties.
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.
SOURCE Intouch Insight Ltd.
For further information: George Aizpurua, Vice President, Communications, First Canadian Capital Corp., Tel: 647-500-2389/416-742-5600, [email protected]; George Pretli, Chief Financial Officer, [email protected], 613-270-7916
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