snippe

These are the Kiers and as far as I know we aren’t related. But they lived in the town of Smilde at around the same time as my great grandfather.

My summer project is going to be to try and trace my genealogy back as far as I can in all four directions (not sure how scientific this is, there must be some rule, like you’re only supposed to trace the fathers or some bullshit like that, but since this project is out of personal interest I’m going to forget that).

I found it incredible that my Dad didn’t know the names of either of his grandmothers when I started talking genealogy a few weeks ago. Must rectify this.

OH! I just had a thought. Maybe I’ll make a separate Tumblr where I update my progress on this project so that I’m not boring all of you with it all the time.

Snipp Interactive Signs Receipt-Processing Deal for Leading Retail Property Company's Loyalty Program

BETHESDA, MARYLAND–(Marketwired - Sept. 2, 2015) - Snipp Interactive Inc. (TSX VENTURE:SPN) (“Snipp”), an international provider of marketing promotions, rebates and loyalty solutions listed on the TSX Venture Exchange, has won a six-figure receipt-processing contract with a leading retail property developer.

The company is one of the largest, privately-held real estate companies in the United States, with a portfolio of retail and mixed-use properties. It is recognized around the world as the most innovative and successful developer of retail complexes. Under the agreement, Snipp will be integrating its receipt processing capability into the company’s existing loyalty experience.

The company has a complimentary loyalty program that rewards guests when they shop, dine and see their favorite movies at its mall retail complexes. Building on the success of the existing program, Snipp’s SnippCheck receipt processing solution will enable guests to submit a receipt for any purchase from any store within the property via email, SMS or web upload and receive points. Guests will also be able to submit their receipts through a new concierge app, delivering the best possible user experience.

David Hargreaves, Chief Client Officer at Snipp, believes that this agreement is strategically significant. According to Mr. Hargreaves, “Our new client is recognized as the innovation leader among retail developers. This is a new space for us and we see a huge opportunity to leverage the combination of our loyalty platform and receipt processing in the broader shopping mall sector.”

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp’s incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp’s unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Bethesda, Maryland, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange. We have closed two acquisitions in the past year, the most recent being the acquisition of Hip Digital Media, Inc., a leading digital rewards platform in June 2015.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive Signs Receipt-Processing Deal for Leading Retail Property Company's Loyalty Program

BETHESDA, MARYLAND–(Marketwired - Sep 2, 2015) - Snipp Interactive Inc. (TSX VENTURE:SPN) (“Snipp”), an international provider of marketing promotions, rebates and loyalty solutions listed on the TSX Venture Exchange, has won a six-figure receipt-processing contract with a leading retail property developer.

The company is one of the largest, privately-held real estate companies in the United States, with a portfolio of retail and mixed-use properties. It is recognized around the world as the most innovative and successful developer of retail complexes. Under the agreement, Snipp will be integrating its receipt processing capability into the company’s existing loyalty experience.

The company has a complimentary loyalty program that rewards guests when they shop, dine and see their favorite movies at its mall retail complexes. Building on the success of the existing program, Snipp’s SnippCheck receipt processing solution will enable guests to submit a receipt for any purchase from any store within the property via email, SMS or web upload and receive points. Guests will also be able to submit their receipts through a new concierge app, delivering the best possible user experience.

David Hargreaves, Chief Client Officer at Snipp, believes that this agreement is strategically significant. According to Mr. Hargreaves, “Our new client is recognized as the innovation leader among retail developers. This is a new space for us and we see a huge opportunity to leverage the combination of our loyalty platform and receipt processing in the broader shopping mall sector.”

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp’s incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp’s unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Bethesda, Maryland, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange. We have closed two acquisitions in the past year, the most recent being the acquisition of Hip Digital Media, Inc., a leading digital rewards platform in June 2015.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive Inc. Reports 639% Q2 Revenue Growth Year-Over-Year and Positive EBITDA

BETHESDA, MARYLAND–(Marketwired - Sept. 1, 2015) - Snipp Interactive Inc. (“Snipp” or the “Company”), an international provider of promotions marketing, rebates and loyalty solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), is pleased to announce its second quarter fiscal 2015 results for the quarter ending June 30, 2015. All results are reported under International Financial Reporting Standards (“IFRS”) and in both Canadian dollars and US dollars. Snipp reports Q2 2015 revenue of CAN$3.3 million (US$2.7 million), adjusted EBITDA of CAN$0.6 million (US$0.5 million) and net income of CAN$1.6 million (US$1.3 million). A copy of the complete unaudited financial statements and management’s discussion and analysis are available on SEDAR (www.sedar.com).

Q2 2015 Financial Summary

(Refer to Non-GAAP Measures, EBITDA/Adjusted EBITDA and Gross Margin discussion below)

  • Revenue of CAN$3.3 million, a 639% increase over the same quarter last year and the 14th consecutive quarter where revenue has grown when compared to the same period of the previous year.
  • Revenue growth was driven by a significant increase in the total number of campaigns executed as well as a growth in the average campaign size and the revenues from new product lines such as loyalty and rewards.
  • Gross Margin of 89.1%, a 14.5% increase over the same quarter last year. The Company defines Gross Margin as revenue less campaign infrastructure costs.
  • Positive EBITDA of CAN$0.4 million (US$0.3 million).
  • EBITDA profitability was driven by high margin promotions and the realization of earlier investments in campaign infrastructure costs.
  • Positive adjusted EBITDA of CAN$0.6 million (US$0.5 million) which excludes one-time charges from the acquisition of HIP Digital Media Inc. (“Hip Digital”), a CAN$1.8 million (US$1.5 million) increase over the Q1 2015.
  • Net income of CAN$1.6 million (US$1.3 million) due to non-cash fair value accounting revaluations.
  • CAN$11.7 million (US$9.4 million) of cash and equivalents, with no outstanding bank debt.

Corporate Highlights

  • Launched 44 new programs and signed 4 New Master Service Agreements with increasing average campaign values in Q2 2015.
  • Record sales pipeline of CAN$22 million.
  • 848% revenue growth in the first half of 2015 versus the comparable period in 2014.
  • Completed the acquisition of HIP Digital.
  • Strengthened management team with the appointment of Ritesh Bhavnani (former Chairman) to President, Baris Karadogan (former CEO of HIP Digital) to Chief Operating Officer and John Fauller (former COO) to EVP of Product and Innovation.
  • Strengthened Snipp’s board of directors by appointing Ram Ramkumar as independent Chairman of the board.
  • Powered both the Gold and Silver winners for Best Mobile Campaign at the Chief Marketer PRO Awards.

“Q2 was an excellent quarter. Snipp was able to demonstrate profitability, an extremely high margin and strong sales growth. The integration of our two acquisitions earlier in the year have proceeded extremely smoothly and have started to generate considerable value for the Company. We have a record sales pipeline today in excess of CAN $22 million, the majority of which is loyalty-related work, practically all of which utilizes our SnippCheck receipt processing solution - a great testament that both our strategy and execution for our acquisitions was on the money. We expect to continue to build on our sales momentum for the rest of the year and further accelerate our growth,” stated Atul Sabharwal, CEO of Snipp.

Non-GAAP Measures

Snipp uses certain performance measures throughout this document that are not recognizable under Canadian generally accepted accounting principles or IFRS (“GAAP”). These performance measures include EBITDA, adjusted EBITDA, and Gross Margin. Management believes that these measures provide supplemental financial information that is useful in the evaluation of the Company’s operations.

Investors should be cautioned, however, that these measures should not be construed as alternatives to measures determined in accordance with GAAP and IFRS as an indicator of Snipp’s performance. The Company’s method of calculating these measures may differ from that of other organizations, and accordingly, these may not be comparable.

EBITDA / Adjusted EBITDA

EBITDA, defined as earnings before interest, taxes, stock-based compensation, depreciation and amortization, is not a financial measure that is recognized under GAAP. Investors should be cautioned that EBITDA should not be construed as an alternative measure to net earnings determined in accordance with GAAP. Adjusted EBITDA removes one time legal expenses associated with the acquisition of Hip Digital (the “Hip Digital Acquisition”) that closed on June 10, 2015.

The following is a reconciliation of operating income (loss) to EBITDA and adjusted EBITDA:

Notes:

(1)The Company defines operating income (loss) as net income (loss) before interest income, foreign exchange, loss on marketable securities, change in fair value of derivative liability, change in fair value of acquisition consideration payable in equity.

Gross Margin

Snipp defines Gross Margin as revenue less campaign infrastructure. The Company’s calculation of Gross Margin is not a financial measure that is recognized under GAAP. Investors should be cautioned that the Company’s defined Gross Margin should not be construed as an alternative measure to other measures determined in accordance with GAAP.

The following is a calculation of Gross Margin:

Exchange rates used for USD to CAD based on Bank of Canada rates:

For More Information

In conjunction with this announcement, Snipp management will be holding a conference call on Tuesday September 1, 2015, at 10:00 A.M. Eastern Standard Time to discuss the Company’s results for Q2 fiscal 2015.

Q2 2015 CONFERENCE CALL DETAILS:

About Snipp:

Snipp’s technology platform enables brands to drive customer engagement and purchase. Our solutions include loyalty, rebates, receipt processing, promotions, and data analytics. We provide our clients with a full spectrum of services including creative, program conceptualization, technology, legal, rewards provisioning, fulfillment and reporting. We have created hundreds of cutting-edge programs for Fortune 500 brands and world-class agencies.

Snipp is headquartered in Washington, DC, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the Company or the materials required to produce those products, labor relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive Inc. Reports 639% Q2 Revenue Growth Year-Over-Year and Positive EBITDA

BETHESDA, MARYLAND–(Marketwired - Sep 1, 2015) - Snipp Interactive Inc. (“Snipp” or the “Company”), an international provider of promotions marketing, rebates and loyalty solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), is pleased to announce its second quarter fiscal 2015 results for the quarter ending June 30, 2015. All results are reported under International Financial Reporting Standards (“IFRS”) and in both Canadian dollars and US dollars. Snipp reports Q2 2015 revenue of CAN$3.3 million (US$2.7 million), adjusted EBITDA of CAN$0.6 million (US$0.5 million) and net income of CAN$1.6 million (US$1.3 million). A copy of the complete unaudited financial statements and management’s discussion and analysis are available on SEDAR (www.sedar.com).

Q2 2015 Financial Summary

(Refer to Non-GAAP Measures, EBITDA/Adjusted EBITDA and Gross Margin discussion below)

  • Revenue of CAN$3.3 million, a 639% increase over the same quarter last year and the 14th consecutive quarter where revenue has grown when compared to the same period of the previous year.
  • Revenue growth was driven by a significant increase in the total number of campaigns executed as well as a growth in the average campaign size and the revenues from new product lines such as loyalty and rewards.
  • Gross Margin of 89.1%, a 14.5% increase over the same quarter last year. The Company defines Gross Margin as revenue less campaign infrastructure costs.
  • Positive EBITDA of CAN$0.4 million (US$0.3 million).
  • EBITDA profitability was driven by high margin promotions and the realization of earlier investments in campaign infrastructure costs.
  • Positive adjusted EBITDA of CAN$0.6 million (US$0.5 million) which excludes one-time charges from the acquisition of HIP Digital Media Inc. (“Hip Digital”), a CAN$1.8 million (US$1.5 million) increase over the Q1 2015.
  • Net income of CAN$1.6 million (US$1.3 million) due to non-cash fair value accounting revaluations.
  • CAN$11.7 million (US$9.4 million) of cash and equivalents, with no outstanding bank debt.

Corporate Highlights

  • Launched 44 new programs and signed 4 New Master Service Agreements with increasing average campaign values in Q2 2015.
  • Record sales pipeline of CAN$22 million.
  • 848% revenue growth in the first half of 2015 versus the comparable period in 2014.
  • Completed the acquisition of HIP Digital.
  • Strengthened management team with the appointment of Ritesh Bhavnani (former Chairman) to President, Baris Karadogan (former CEO of HIP Digital) to Chief Operating Officer and John Fauller (former COO) to EVP of Product and Innovation.
  • Strengthened Snipp’s board of directors by appointing Ram Ramkumar as independent Chairman of the board.
  • Powered both the Gold and Silver winners for Best Mobile Campaign at the Chief Marketer PRO Awards.

“Q2 was an excellent quarter. Snipp was able to demonstrate profitability, an extremely high margin and strong sales growth. The integration of our two acquisitions earlier in the year have proceeded extremely smoothly and have started to generate considerable value for the Company. We have a record sales pipeline today in excess of CAN $22 million, the majority of which is loyalty-related work, practically all of which utilizes our SnippCheck receipt processing solution - a great testament that both our strategy and execution for our acquisitions was on the money. We expect to continue to build on our sales momentum for the rest of the year and further accelerate our growth,” stated Atul Sabharwal, CEO of Snipp.

Non-GAAP Measures

Snipp uses certain performance measures throughout this document that are not recognizable under Canadian generally accepted accounting principles or IFRS (“GAAP”). These performance measures include EBITDA, adjusted EBITDA, and Gross Margin. Management believes that these measures provide supplemental financial information that is useful in the evaluation of the Company’s operations.

Investors should be cautioned, however, that these measures should not be construed as alternatives to measures determined in accordance with GAAP and IFRS as an indicator of Snipp’s performance. The Company’s method of calculating these measures may differ from that of other organizations, and accordingly, these may not be comparable.

EBITDA / Adjusted EBITDA

EBITDA, defined as earnings before interest, taxes, stock-based compensation, depreciation and amortization, is not a financial measure that is recognized under GAAP. Investors should be cautioned that EBITDA should not be construed as an alternative measure to net earnings determined in accordance with GAAP. Adjusted EBITDA removes one time legal expenses associated with the acquisition of Hip Digital (the “Hip Digital Acquisition”) that closed on June 10, 2015.

The following is a reconciliation of operating income (loss) to EBITDA and adjusted EBITDA:

Notes:

(1)The Company defines operating income (loss) as net income (loss) before interest income, foreign exchange, loss on marketable securities, change in fair value of derivative liability, change in fair value of acquisition consideration payable in equity.

Gross Margin

Snipp defines Gross Margin as revenue less campaign infrastructure. The Company’s calculation of Gross Margin is not a financial measure that is recognized under GAAP. Investors should be cautioned that the Company’s defined Gross Margin should not be construed as an alternative measure to other measures determined in accordance with GAAP.

The following is a calculation of Gross Margin:

Exchange rates used for USD to CAD based on Bank of Canada rates:

For More Information

In conjunction with this announcement, Snipp management will be holding a conference call on Tuesday September 1, 2015, at 10:00 A.M. Eastern Standard Time to discuss the Company’s results for Q2 fiscal 2015.

Q2 2015 CONFERENCE CALL DETAILS:

About Snipp:

Snipp’s technology platform enables brands to drive customer engagement and purchase. Our solutions include loyalty, rebates, receipt processing, promotions, and data analytics. We provide our clients with a full spectrum of services including creative, program conceptualization, technology, legal, rewards provisioning, fulfillment and reporting. We have created hundreds of cutting-edge programs for Fortune 500 brands and world-class agencies.

Snipp is headquartered in Washington, DC, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the Company or the materials required to produce those products, labor relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive Announces New Loyalty Program With Leading Education Publisher and Media Company

BETHESDA, MARYLAND–(Marketwired - Aug. 31, 2015) - Snipp Interactive Inc. (TSX VENTURE:SPN) (“Snipp”), an international provider of marketing promotions, rebates and loyalty solutions listed on the TSX Venture Exchange, announced a new loyalty program for a leading worldwide education publisher and media company.

This is the first green-field deployment of Snipp’s SnippLoyalty solution since the acquisition and integration of the platform earlier this year. The deal is global in scope, with the first deployment happening in Australia and New Zealand, followed subsequently by implementations in the EU, Asia, Canada and the US regions.

According to Snipp’s EVP of Loyalty Solutions, Frank Sweeney, “This implementation checks many firsts for us: it is the first truly global program we will be rolling out; it is the first program for us in the education and media space; and it is the first program we have implemented post the acquisition. The integration of receipt processing with loyalty creates a unique solution in the marketplace for multichannel brands. We continue to believe that loyalty will contribute a significant portion of our overall revenues in the future, and already see that a majority of our future pipeline is in loyalty and related solutions.”

The term of the deal with this client is three years and the program has already contributed to Snipp’s recurring revenue base (in Q2, 2015 the program contributed 8% of revenues). The client is currently utilizing the SnippLoyalty Points Engine and Promotions Modules, but opportunities to further expand the scope also exist.

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp’s incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp’s unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Bethesda, Maryland, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange. We have closed two acquisitions in the past year, the most recent being the acquisition of Hip Digital Media, Inc., a leading digital rewards platform in June 2015.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive Announces New Loyalty Program With Leading Education Publisher and Media Company

BETHESDA, MARYLAND–(Marketwired - Aug 31, 2015) - Snipp Interactive Inc. (TSX VENTURE:SPN) (“Snipp”), an international provider of marketing promotions, rebates and loyalty solutions listed on the TSX Venture Exchange, announced a new loyalty program for a leading worldwide education publisher and media company.

This is the first green-field deployment of Snipp’s SnippLoyalty solution since the acquisition and integration of the platform earlier this year. The deal is global in scope, with the first deployment happening in Australia and New Zealand, followed subsequently by implementations in the EU, Asia, Canada and the US regions.

According to Snipp’s EVP of Loyalty Solutions, Frank Sweeney, “This implementation checks many firsts for us: it is the first truly global program we will be rolling out; it is the first program for us in the education and media space; and it is the first program we have implemented post the acquisition. The integration of receipt processing with loyalty creates a unique solution in the marketplace for multichannel brands. We continue to believe that loyalty will contribute a significant portion of our overall revenues in the future, and already see that a majority of our future pipeline is in loyalty and related solutions.”

The term of the deal with this client is three years and the program has already contributed to Snipp’s recurring revenue base (in Q2, 2015 the program contributed 8% of revenues). The client is currently utilizing the SnippLoyalty Points Engine and Promotions Modules, but opportunities to further expand the scope also exist.

Visit the Snipp website at www.snipp.com for examples of Snipp programs.

About Snipp:

Snipp’s incentive marketing technology platform enables brands and retailers to drive customer engagement and purchase. Our solutions include loyalty, rebates, promotions, rewards and data analytics. SnippCheck, Snipp’s unique receipt processing engine is now the market leader for receipt-based purchase validation, having powered several hundred programs for leading Fortune 500 brands and world-class agencies and partners. 99% of all households in the United States have been exposed to our programs.

Snipp is headquartered in Bethesda, Maryland, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange. We have closed two acquisitions in the past year, the most recent being the acquisition of Hip Digital Media, Inc., a leading digital rewards platform in June 2015.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labour relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive to Announce Q2, 2015 Results on August 31, 2015

BETHESDA, MARYLAND–(Marketwired - Aug. 20, 2015) - Snipp Interactive Inc. (“Snipp”), an international provider of promotions marketing, rebates and loyalty solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), announced that it will release its 2015 Second Quarter results on Monday August 31, 2015 after market close. A conference call to discuss Snipp’s financial results will be held on Tuesday September 1, 2015 at 10:00 A.M. Eastern Time.

Q2 2015 CONFERENCE CALL DETAILS:

About Snipp:

Snipp’s technology platform enables brands to drive customer engagement and purchase. Our solutions include loyalty, rebates, receipt processing, promotions, and data analytics. We provide our clients with a full spectrum of services including creative, program conceptualization, technology, legal, rewards provisioning, fulfillment and reporting. We have created hundreds of cutting-edge programs for Fortune 500 brands and world-class agencies.

Snipp is headquartered in Washington DC, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange.

Please visit our website at www.snipp.com for more information.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labor relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.

Snipp Interactive to Announce Q2, 2015 Results on August 31, 2015

BETHESDA, MARYLAND–(Marketwired - Aug 20, 2015) - Snipp Interactive Inc. (“Snipp”), an international provider of promotions marketing, rebates and loyalty solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), announced that it will release its 2015 Second Quarter results on Monday August 31, 2015 after market close. A conference call to discuss Snipp’s financial results will be held on Tuesday September 1, 2015 at 10:00 A.M. Eastern Time.

Q2 2015 CONFERENCE CALL DETAILS:

About Snipp:

Snipp’s technology platform enables brands to drive customer engagement and purchase. Our solutions include loyalty, rebates, receipt processing, promotions, and data analytics. We provide our clients with a full spectrum of services including creative, program conceptualization, technology, legal, rewards provisioning, fulfillment and reporting. We have created hundreds of cutting-edge programs for Fortune 500 brands and world-class agencies.

Snipp is headquartered in Washington DC, with offices across the United States, Canada, Ireland, the Middle East and India. We are a publicly listed company and were selected to the TSX Venture 50® for 2015, a collection of the strongest companies on the TSX Venture Exchange.

Please visit our website at www.snipp.com for more information.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as changes in demand for and prices for the products of the company or the materials required to produce those products, labor relations problems, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. The reader is cautioned not to put undue reliance on such forward-looking statements.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright Snipp Interactive Inc. All rights reserved. All other trademarks and trade names are the property of their respective owners.