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NIS Holdings Corp. (OTC: NISC)announced today that the Earn IQ business team has successfully completed theSite Acceptance Test (SAT) of the web site, rewards platform and the iPhonemobile application.
The next step for Earn IQ is thePilot testing phase which starts officially today. During this period, the EarnIQ team will test the rewards program for both the online and in-store services, in a realenvironment with a number of Earn IQ restaurants. Pre-registered members ofEarn IQ will be able to collect points on their total bill purchases in-store,by ordering online and through the Earn IQ mobile app for iPhone devices.Telephone orders are also eligible for collecting points.
The Earn IQ rewards program features includes:
Through the Earn IQ commercialwebsite, registered members are able to activate their cards to begin earningand using their rewards points; with no cap on points collection. Those peoplewithout cards, they can register with Earn IQ and request for a card. Thewebsite serves as a hub for downloading the Earn IQ On-The-Go mobileapplication and as a search engine for Earn IQ restaurant partners. Also, theEarn IQ website offers its users special capabilities for placing andprocessing online orders and account management; with features such as addingadditional members under one account, managing saved addresses and paymentmethods, reviewing points balance and detailed transaction history for eachmember.
With the Earn IQ system, a real-timedata connection is provided to both members and merchants. Through their uniqueaccount, B2B and B2C members are able to see their transactions, order history,and analytical balance – that is, rewards collected and spent both online andin-store.
For the in-store transactions, EarnIQ places its own tablet in all participating stores. The cardholders are ableto collect and redeem their points by simply scanning the QR code of theircard, key tag or their mobile phone onto the Earn IQ tablet.
The Earn IQ integrated system is installed on dedicatedservers to help avoid connectivity problems and enable users to have a smootherand more seamless online experience. A series of updates of the Earn IQwebsite, including improvements and bug fixes with each iteration, is currentlyon track during the Earn IQ pilot phase. The Company plans to release thefinal version on March 1, 2013.
"This is truly a historic dayfor NIS Holdings and for all of the shareholders. We are very excited about thepilot phase of the Earn IQ rewards program. I'm confident that everything will go fineand people will embrace Earn IQ the same way as we did", stated President ofNIS Holdings Corp., Nikolaos Mangas.
AboutNIS Holdings Corp.
NIS Holdings Corp. is a publicholding company with its common stock currently traded on the over-the-counter(OTC) markets, under the ticker symbol NISC. It is registered in Carson City,Nevada and headquartered in the City of New York. The Company specializes inthe acquisition of firms in profitable markets with high-potential and capableof achieving sustainable growth. NIS Holdings provides professional support forits consolidated subsidiaries through operational business management,financing, and controlling activities. The Company targets three key businesssectors: the customer loyalty management market, the gift card industry and themarketing consulting industry.
Earn IQ Inc., a subsidiary of NISHoldings, is a provider of loyalty marketing solutions focused on the retailindustry which helps businesses better understand the needs of their targetgroups by mapping the entire chain of customer loyalty activities from accountmanagement and management of redemption processes, to the implementing ofadvertising campaigns.
Issued by NIS Holdings Corp.
For further information in thisrelease please contact Mrs. Vasiliki Anagnostou at NIS Holdings, Corp. on tel.:212-6881007, e-mail: investors@nisholdings.com
This document was produced by andthe opinions expressed are those of NIS Holdings Corp. as of the date ofwriting and are subject to change without obligation to update. It has beenprepared solely for information purposes and for the use of the recipient. Itdoes not constitute an offer or an invitation by or on behalf of NIS HoldingsCorp. to any person to buy or sell any security. Any reference to past performanceis not a guide to future performance. The information and analysis contained inthis publication have been compiled or arrived at from sources believed to bereliable, but NIS Holdings Corp. does not make any representation as to theiraccuracy or completeness and does not accept liability for any loss arisingfrom the use hereof.
This release may containforward-looking statements, including, without limitation, statementscontaining the words "believes", "anticipates","expects", "intends", "plans", "seeks","estimates", "may", "will", "could","stands to" and "continues", as well as similarexpressions. Such forward-looking statements may involve known and unknownrisks, uncertainties and other factors which might cause the actual results,financial condition, performance or achievements of NIS Holdings Corp., orindustry results, to be materially different from any historic or futureresults, financial conditions, performance or achievements expressed or impliedby such forward-looking statements. Given these uncertainties, the reader isadvised not to place any undue reliance on such forward-looking statements.These forward-looking statements speak only as of the date of publication ofthis document. NIS Holdings Corp. expressly disclaims any obligation to updateany such forward-looking statements in this document to reflect any change inits expectations with regard thereto or any change in events, conditions orcircumstances on which any such statement is based, unless required by law orregulation.
