TORONTO, ONTARIO — (Marketwired) — 05/10/16 — UpSnap Inc. (CSE: UP) (“UpSnap” or the “Company”), a leading provider of mobile advertising solutions, has signed agreements with a major U.S. retailer and two large U.S. service providers to provide its proprietary mobile advertising product for a total contract value of over CAD $260,000.
“We are pleased to continue providing mobile advertising campaigns for both of these organizations. Additionally, we are excited to welcome aboard a new client and look forward to delivering a strong mobile advertising campaign for them,” said Bruce Howard, CEO of UpSnap Inc. “Consecutive contracts with such renowned organizations as this major U.S. retailer continue to prove that our campaigns are both unique and effective. As well, we continue to develop our own brand and reputation as evident by the addition of new clients and recurring business from prior ones.”
About UpSnap
UpSnap provides highly-targeted, data-driven mobile advertising to attract the ideal audience for brands big and small. Utilizing real-time analytics, UpSnap goes beyond location to deliver app-agnostic and results-driven campaigns that produce qualified, engaged customers. UpSnap tailors each campaign to align with unique business goals, delivering the right customers for more meaningful exposure and better business results.
Caution Regarding Forward Looking Information
Certain information set out in this News Release constitutes forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as “seek”, “anticipate”, “hope”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “should”, “scheduled”, “believe” and similar expressions. The forward- looking information set out in this News Release relates to future events or our future performance and includes: (i) information concerning the positive effect of new leadership on revenue growth; (ii) the effect of broadening the Company–s revenue streams on revenue growth and predictability; (iii) the Company–s ability to succeed in the mobile advertising market by focusing on the underserved small and medium sized business market.
Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions on the date of this news release, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. Forward-looking statements involve substantial known and unknown risks, uncertainties and other factors which cause actual results to vary from those express or implied by such forward looking statements. These statements should not be read as guarantees of future performance or results, and they will not necessarily be accurate indications of whether or not such results will be achieved.
The forward-looking statements contained in this press release are made as of the date hereof and based on what management of the company believes are reasonable assumptions. The Company disclaims any intention or obligation to update or publicly revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws. Furthermore, the Company does not assume responsibility for the accuracy and completeness of the forward looking statements set out in this news release. The Company–s forward looking statements are expressly qualified in their entirety by the foregoing cautionary statements.
The CSE has not reviewed, approved or disapproved the content of this press release.
Contacts:
UpSnap Inc.
Alex Pekurar, CPA, CA
Chief Financial Officer
416-619-3903
Virtus Advisory Group Inc.
Babak Pedram
Investor Relations
416-644-5081
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