Market Overview

Quotient Technology Teams up With Propel to Bring Digital Coupons to Millions of People on Food Stamps


With the holiday season upon us, helping families in need couldn't be
more important. Today, Quotient
Technology Inc.
(NYSE:QUOT) announced a partnership with Propel,
Inc. that brings digital coupons to food stamp recipients who use
Propel's Fresh EBT app to manage their benefits, increasing their
ability to buy more food for their families.

This press release features multimedia. View the full release here:

Quotient Partners with Propel to Bring Digital Coupons to Food Stamp Recipients (Graphic: Business W ...

Quotient Partners with Propel to Bring Digital Coupons to Food Stamp Recipients (Graphic: Business Wire)

People who receive food stamps benefits can, for the first time, easily
access hundreds of digital coupons through Fresh
, a free smartphone app that allows Electronic Benefit Transfer
(EBT) cardholders to check their balances, transaction history, add to
their digital shopping lists and more. (Fresh EBT is available for
participants in the Supplemental Nutrition Assistance Program, also
known as the food stamp program.)

The Fresh EBT app, first launched in January 2016, is now used by more
than one million people across the country each month.

"Forty-two million Americans - one in seven Americans - rely on food
stamps to feed their families," said Jimmy Chen, CEO and founder of
Propel, which in April raised $4 million from venture firm Andreessen
Horowitz, the Omidyar Network, the Golden State Warriors' Kevin Durant,
and hip-hop artist Nas. "The biggest request we receive from families is
how can we help them save money on groceries. By teaming up with
Quotient, the leader in digital coupons and grocery savings, we're
making it possible for our users to save money through Fresh EBT to feed
their families."

Fresh EBT users can now add digital coupons for groceries and household
items to their loyalty accounts at many grocery retailers across the
country, including Jewel-Osco, Safeway and Stop & Shop, and a range of
others. Shoppers simply enter their account number—typically a phone
number—at checkout and savings are automatically applied.

"This holiday season is the perfect time to launch our partnership with
Propel," said Steven Boal, Founder and Executive Chairman of Quotient,
which runs the popular
app and website. "A big part of our mission has also been to help people
in need as well as to help all shoppers save. Too many families are
living on the edge, and I'm thrilled that Quotient can help Propel's
million — and growing — struggling families save extra money on

The digital coupons are delivered through the Quotient
Retailer iQ™ platform
, which powers the digital savings programs at
most major grocers in the country as well as drug, mass and club stores.
The platform connects into a retailers' point-of-sale system, and uses
purchase history and other proprietary data to personalize and deliver
relevant coupons. Shoppers have access to several hundreds of dollars of
savings a day, and, all told, about 40 percent all U.S. households are
registered to savings programs powered by Quotient.

A recently published Harvard study
showed that Fresh EBT helped its users make their benefits last longer,
underscoring the importance of financial management tools for low income
Americans. Fresh EBT is available in all U.S. states and territories.

For more information, please contact
To download Fresh EBT, please visit the App
or Google

About Quotient

Technology Inc.
 (NYSE:QUOT) is a leading digital promotions, media
and analytics company that delivers personalized digital coupons and
ads—informed by proprietary shopper and online engagement data—to
millions of shoppers daily. Our core platform, Quotient
Retailer iQ™
, connects to a retailer's point-of-sale system and
provides targeting and analytics for consumer packaged goods (CPGs)
brands and retailers. Retailer iQ powers savings programs that reach
about 40% of all U.S. households. Our distribution network also includes
our app and website, thousands of publishing partners and,
in Europe, the Shopmium mobile app. We also operate Crisp
, which creates mobile ads aimed at shoppers. We serve hundreds
of CPGs, such as Clorox, Procter & Gamble, General Mills and Kellogg's,
and retailers like Albertsons Companies, CVS, Dollar
General, Kroger and Walgreens. Founded in 1998, Quotient is based
in Mountain View, California, and has offices across the U.S., in
Bangalore, India; Paris and London. Learn more at,
and follow us on Twitter @Quotient.

About Propel

Propel is a software company that aims to make America's safety net more
user-friendly. Founded by Silicon Valley technologists, Propel deploys
world-class software to fight poverty. Their free smartphone app, Fresh
EBT, empowers families who receive government benefits like SNAP (food
stamps) to manage their benefits and improve their financial health.
Fresh EBT is used by over a million families across the country each
month, and an independent study by Harvard Business School showed that
Fresh EBT prevented one day of extreme hunger per month. Propel is
supported by the Robin Hood Foundation, Andreessen Horowitz, Omidyar
Network, and the Center for Financial Services Innovation. Learn more at,
and follow us on Twitter at @FreshEBT.

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