Ackroo adds 350th automotive location

OTTAWA, March 20, 2018 (GLOBE NEWSWIRE) -- Ackroo Inc. (TSX-V:AKR) AKRFF ("Ackroo" or the "Company"), a gift card, loyalty and rewards technology and services provider, today announced they have added another automotive dealer group putting the total amount of automotive locations they support at more than 350.  The Company has also further advanced their offering by adding more automotive specific reporting, more tools and templates to better support their email marketing efforts, and continue to expand integrations into various DMS solutions.  With over 21,000 automotive dealers across North America the Company is eager to continue to develop this aspect of their offering to better penetrate this important business segment for Ackroo.

"Automotive continues to be a very important, growing segment for Ackroo," said Steve Levely, chief executive officer at Ackroo. "Our platform provides important financial and marketing information and tools to help automotive businesses reduce discounting, increase margins and revenues while boosting customer retention. All challenges that automotive businesses of all sizes face. With most automotive dealerships choosing to setup multiple departments (sales, service, F&I, parts etc.), which for Ackroo also acts as multiple billing locations, and since the bulk of these customers use the full breadth of our product and service offering it is clear that both from a revenue and product fit perspective we need to continue to further invest and focus on this large retail business segment."

About Ackroo

Ackroo provides gift card and loyalty processing solutions to help retail and hospitality merchants of all sizes attract, retain and grow their customers and their revenues. Through a SaaS based business model Ackroo provides an in-store and online automated solution to help merchants process gift card & loyalty transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their gift card and loyalty accounts. Ackroo also provides important marketing services to assist their merchants with utilizing Ackroo's technology solution. Ackroo is headquartered in Ottawa, Canada. For more information, visit: www.ackroo.com.

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Forward Looking Statements

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