Proactiveinvestors recommends
Additional Information
Market: TSX-V
Sector: Mobile Communications
EPIC: SPN
Latest Price: 0.09  (0,00%)
52-week High: 0.22
52-week Low: 0.06
Market Cap: 4.08M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Snipp Interactive
www.snipp.com

Snipp Interactive Inc., formerly Alya Ventures Ltd., (www.snipp.com) provides print publishers, advertising agencies and corporate/consumer brands, with a range of mobile marketing services in the United States and Canada

Full Snipp Interactive profile here
Pdf

Snipp Interactive inks marketing deal with Intertainment Media

19th Sep 2012, 11:31 am by Brad Lemaire
Intertainment's customer base will be introduced to Snipp's platform as it seeks to leverage its Ortsbo real-time chat translation application and its 212 million monthly users. Intertainment's customer base will be introduced to Snipp's platform as it seeks to leverage its Ortsbo real-time chat translation application and its 212 million monthly users.

Mobile marketing firm Snipp Interactive (CVE:SPN) said Wednesday it signed a tentative sales and marketing deal with Intertainment Media Inc. (CVE:INT).

Both companies signed a memorandum of understanding. The tentative deal would see each company promote their products and services to existing and potential customers. As a result, both companies would earn referral fees if new contracts are signed. 

Financial terms of the deal were not disclosed in today's release.

Intertainment's customer base will be introduced to Snipp's platform as it seeks to leverage its Ortsbo real-time chat translation application and its 212 million monthly users.

Ortsbo is a real-time chat translator which can be used with other social media sites like MSN, Google (NASADAQ:GOOG), Facebook (NASDAQ:FB) and Twitter.

Meanwhile, Snipp plans to introduce Intertainment's products and services to Fortune 500 clients to create licensing models for agencies in Mexico and India to boost the presence of Ortsbo.

"Intertainment's relationship with Snipp is the next step in the company's strategy to provide revenue-centric platforms to our clients," said David Lucatch, Intertainment's chief executive officer.

"With our recent launch of our mobile and online social hub, Snipp provides us with the ability to add further value and monetization deliverables to a growing global mobile audience in 66 languages."

Snipp provides print publishers, advertising agencies and corporate brands with a full suite of mobile marketing services in North America.

Intertainment is a media applications provider, which operates in two divisions: new media as well as graphic and print services.

Atul Sabharwal, CEO of Snipp added: "We see this relationship with Intertainment as a critical step to continue to move into global markets that are in need of mobile technology in their native languages."

"We will leverage Intertainment's great relationships and develop business opportunities that will allow financial benefit in addition to our current revenue model and technological growth to both of us."

Shares of Intertainment Media traded at 21.5 cents each on the TSX Venture Exchange. Snipp's stock jumped 5.56 per cent to hit 19 cents.

No investment advice


Proactive Investors North America Inc, trades as "Proactiveinvestors USA & Canada".


You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.


You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.


From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.


You understand that we may be providing advertising and/or marketing services to companies mentioned on the site. A full list of companies that are paying for services from us, or our affiliated companies in the UK and Australia can be viewed here