WASHINGTON, DISTRICT OF COLUMBIA--(Marketwire - Nov. 13, 2012) - Snipp Interactive Inc., an international provider of mobile marketing solutions listed on the TSX Venture Exchange (TSX VENTURE:SPN), and MDB Communications ("MDB"), an independent, full-service advertising and marketing communications firm, are pleased to announce that they have signed a Memorandum of Understanding ("MOU").
Based in Washington, DC, MDB Communications is a full-service, media-neutral agency that is powered by experienced leaders, innovators and problem solvers. MDB has three decades of financial stability, a proven track record and some of the top people in the industry. Their mission is to build a brand, advocate for a product, service, or cause and meet a client's objectives with inspired creative thinking. MDB's impressive client base includes Fannie Mae, National Geographic, the D.C. Lottery and The International Spy Museum.
Both companies will promote each other's services and solutions to existing and potential customers, benefiting from collaborative contracts and shared revenues. MDB's impressive clientele will be introduced to Snipp's 'Mobilize Me' Platform and innovative mobile technology solutions.
"Our focus on increasingly accountable marketing programs that leverage creative ideas has fueled our mobile channel practice. We're delighted to work with Snipp to enhance customer engagement and demonstrate ROI in a meaningful way," said Cary Hatch, MDB's CEO & Brand Advocate.
Atul Sabharwal, Co-Founder and CEO of Snipp, said of the partnership, "We look forward to continuing to brainstorm and create innovative campaign solutions together. We are excited to work with MDB's clients, both present and future, and introduce them to our 'Mobilize Me' technology platform."
About MDB Communications
Founded in 1981, MDB Communications, Inc. (www.mdbcomm.com) is focused primarily on consumer branding, social media and developing advanced SEM programs and contextual targeting initiatives for national and international companies, associations and non-profits. The firm has won more than 187 awards for client work and is headquartered in Washington, with affiliate firms in Asia/Pacific and Europe.
About Snipp Interactive Inc.
Snipp Interactive Inc. (www.snipp.com) provides print publishers, advertising agencies and corporate/consumer brands, including Fortune 500 companies, with a full suite of mobile marketing services in North America, and generates revenue by designing, constructing, implementing and managing these mobile marketing services for its customers. Snipp Interactive Inc. is headquartered in Washington, D.C. with international operations in Canada, Mexico and India.
Disclaimer for Forward-Looking Information
This press release contains forward-looking statements and information that are based on the beliefs of management and reflect Snipp Interactive Inc.'s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. The forward-looking statements and information in this press release include information relating to the closing of the Qualifying Transaction. Such statements and information reflect the current view of Snipp Interactive Inc. with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and Snipp Interactive Inc. undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking statements.
Snipp Interactive Inc. cautions that the foregoing list of material factors is not exhaustive. When relying on Snipp Interactive Inc.'s forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Snipp Interactive Inc. has also assumed that material factors will not cause any forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors.
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