Snipp Signs $100,000+ in New Agreements With Two New Clients

Snipp Interactive (TSXV:SPN) announced that it has received orders valued at over C$100,000 from two new clients in Canada.

The company said that one of these is a leading multinational fast food restaurant known for its coffee and donuts while the other is an American multi-national consumer goods corporation.

As quoted in the press release:

Both of these clients witnessed the success of Snipp’s programs in the U.S. and subsequently approached the Company to pilot their services in Canada.

Both clients will be using Snipp’s market-leading solution SnippCheck to run programs in retail locations throughout the country. One of the programs will run in Canada’s leading coffee chain nationwide and the other program will run at a leading chain of membership-only warehouse clubs.

“We are very excited to sign these new clients who can experience our industry-leading tools via these initial programs,” said Atul Sabharwal, CEO of Snipp. “We are confident that these relationships will bloom over time as these clients recognize the benefits of working with our solutions to drive their customer acquisition and retention programs. The Canadian market is a great example of the type of market we want to focus on in the coming year. We have many long-term Fortune 500 clients looking to expand beyond their work with us in the United States to other jurisdictions overseas. We are very encouraged that our organic growth with these multinationals is coming from two distinct sources, geographic expansion into new countries and regions (such as today’s announcement); and a migration from promotions to our full suite of products. This is a familiar trend that is proving to be a reliable path for increasing engagement with our largest customers.”

Click here for the full text release.