Ackroo builds joint marketing plan with
Quebec based marketing services
firm
OTTAWA, Oct. 18, 2016 /CNW/ - Ackroo Inc. (TSX-V: AKR)
(OTC: AKRFF) ("Ackroo" or the "Company"), a gift card, loyalty and
rewards technology and services provider, and marketing services
provider iQ724, a wholly owned subsidiary of Mobi724 (CSE: MOS), a
Fintech leader offering all in one fully integrated EMV payment,
card link couponing and digital marketing, announced that the two
companies have signed a joint marketing partnership agreement.
Through this agreement Ackroo will provide its Ackroo Anywhere
solution and iQ724 will provide their customized marketing services
modules as a combined solution for merchants across North
America. The initiative will support upselling Ackroo's gift
card and loyalty platform to iQ724 clients and upselling iQ724's
customized marketing services modules to Ackroo clients as well as
pursing net new opportunities together via each companies channel
partnerships.
"The partnership with iQ724 is a great advancement both solution
and geographic wise for Ackroo" said Steve
Levely, chief executive officer at Ackroo. "From a solution
stand point the custom marketing services products that iQ724
provides will deliver a premium option for Ackroo to offer our
current and prospective clients helping to attract and grow much
larger merchants. Medium to large merchants demand advanced
solutions like what iQ724 offers and so while Ackroo will continue
to develop our core solution to support the small to medium sized
marketplace this partnership will better position the Company to
support large to enterprise accounts as well. The Ackroo base
platform also provides a great advancement for iQ724 clients
primarily around our gift card, mobile and e-com offerings, our
additional point of sale options, plus our self-serve
components. So a technical advancement for both
organizations. Geographically iQ724 has a very strong presence
in Quebec and is beginning to gain
traction in the United States. Both are markets that Ackroo is
looking to expand further into making the partnership even more
valuable. "
"Ackroo will provide a much desired expansion of our digital
marketing, enterprise level loyalty solutions outside of
Quebec while at the same time
offering iQ724 gift card, mobile and e-com offerings to us in
Quebec. Our geographical and technological strengths
complement each other perfectly" said Daniel Tardif, President of iQ724.
About iQ724
iQ724 is based in Montreal and
was founded in 2007. iQ724 provides a customer retention/loyalty
marketing platform to medium and large merchants. iQ724 also
provides professional services, digital marketing, data analytics
and business intelligence solutions as part of their offering. For
more information, visit: www.iq724.com.
About Ackroo
Ackroo provides gift card and loyalty processing solutions to
help small to medium sized businesses attract, retain and grow
their customers and their revenues. Through a SaaS based business
model Ackroo provides an in-store and online automated solution to
help merchants process gift card & loyalty transactions at the
point of sale, provide key administrative and marketing data, and
to allow customers to access and manage their gift card and loyalty
accounts. Ackroo also provides important marketing services to
assist their merchants with utilizing Ackroo's technology solution.
Ackroo is headquartered in Ottawa,
Canada. For more information, visit: www.ackroo.com.
About Mobi724 Global Solutions
Mobi724 Global Solutions Inc. ("Mobi724") (CSE: MOS), a leader
in the Fintech industry based in Montreal (Canada), offers a unique and fully integrated
suite of Payment & Digital Marketing solutions. Mobi724 is
innovating in its market with a combined EMV Payment, Card Linked
Offers, and Digital Marketing platform that works on any card and
any mobile device. Mobi724 pioneered in adding intelligence to all
types of transactions benefiting banks, retailers and cardholders.
For more information visit: www.mobi724globalsolutions.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.
Forward Looking Statements
This release contains forecasts and forward-looking statements
that are not guarantees of future performance and activities and
are subject to risks and uncertainties. The company has based these
forward-looking statements on assumptions and assessments made by
its management in light of their experience and their perception of
historical trends, current conditions, expected future developments
and other factors they believe to be appropriate. Important factors
that could cause actual results, developments and business
decisions to differ materially from those anticipated in these
forward-looking statements include, but are not limited to: the
company's ability to raise enough capital to support the company's
go forward plans; the overall global economic environment; the
impact of competition and new technologies; general market,
political and economic conditions in the countries in which the
company operates; projected capital expenditures and liquidity;
changes in the company's strategy; government regulations and
approvals; changes in customers' budgeting priorities; plus other
factors that may arise. Any forward-looking statements in this
press release are made as of the date hereof, and the company
undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise, except as required by law.
SOURCE Ackroo Inc.
