Mr. Atul Sabharwal reports

SNIPP PROVIDES NEW GIFTCARD & LOYALTY PLATFORM FOR LEDER & SCHUH, ONE OF THE LARGEST SHOE RETAILERS IN EUROPE

Snipp Interactive Inc. has launched a new gift card and loyalty platform for the Leder & Schuh Group in partnership with Swiss Post Solutions. This is the first implementation of Snipp's new SnippLoyalty platform, the customer loyalty platform that Snipp had purchased from Swiss Post Solutions earlier this year.

The Leder & Schuh Group is one of Europe's largest shoe retailers, generates over 500 million euros in revenues and employs over 3,500 people in more than 340 locations. The company has a presence in 10 countries across Central and Eastern Europe, including Austria, Germany, Slovenia, Slovakia, Croatia, Czech Republic, Poland, Hungary, Romania and Bulgaria, and owns four different brands including Humanic, Jello, Shoe4You and Stiefelkonig.

The first phase of the platform implementation had focused on the launch of gift cards for all Leder & Schuh brands, starting with Austria in July, 2014, and rolling out to more countries since. In February, 2015, the existing loyalty platform of Stiefelkonig was replaced with the new SnippLoyalty solution.

The implementation for Leder & Schuh was designed to support the currency, regulatory and language requirements specific to the company. Program members who make a purchase abroad will earn a bonus in their local currency. The SnippLoyalty back-office administration platform and the customer-facing member portals support 10 different languages to ensure that program administrators and participating members are able to interact with the program in their local languages. Further, the SnippLoyalty promotion and voucher engine is also able to handle the various financial restrictions specific to each country the program is deployed in.

"We built the SnippLoyalty platform to be flexible enough to meet the complex cross-boundary requirements of today's businesses -- to be able to support multiple languages, currencies, regulations and brands, all at the same time," said Frank Sweeney, Snipp's managing director for Ireland. "Launching this program with the Leder & Schuh Group is a real validation of the solution and reinforces our platform."

"This is the first new client on the SnippLoyalty platform we recently acquired and a vindication of our ongoing strategy," said Atul Sabharwal, chief executive officer of Snipp. "The platform's real-time integration with points of sale and the flexibility with which it can be configured are real market differentiators, and we expect to continue to add new retailer-based clients in developed and developing markets. Further, by integrating SnippLoyalty with SnippCheck, our receipt processing solution, we will be able to offer brands a true soup-to-nuts loyalty platform, specifically targeted to their needs. This is a completely new market space and one that has tremendous potential in the future."

We seek Safe Harbor.