Inc. (TSX:PER) ("Perk" or "the Company"), a leading cloud-based mobile rewards platform provider, announced today the launch of Perk Plastik, a new prepaid debit card that runs via the Discover Network, allows users to convert Perk Points into money available to be used at any retail or online establishment. Perk has issued the card in partnership with globally recognized company, Marqeta.

Perk members can enroll in Perk Plastik using the latest version of Perk Wallet, which is available through the Android Play Store or iOS App Store. The card will be linked directly to the member's account where Perk Points can then be directly transferred into funds that are accessible through the card. Members can use Perk Plastik anywhere Discover is accepted.

Ted Hastings, CEO of Perk, stated: "We are very pleased to launch Perk Plastik. Since the roll-out of the program on July 16, thousands of members have selected the Plastik option. We have received overwhelmingly positive feedback from our members in this relatively short period of time about the ease of use and accessing more avenues to spend their rewards. With Perk Plastik, we provide our members with greater personal financial flexibility and versatility when it comes to redeeming their Perk Points. Providing options in the form of rewards we offer a competitive advantage over any rewards platform with a defined set of rewards in a catalog, this drives user engagement and entices new members to utilize our apps."

Mr. Hastings continued: "Perk Plastik is also aligned with our long-term strategy with our advertising partners as we can provide even more value and insights to our advertisers looking to understand whether their advertising is having an effect on in-store purchases. Perk Plastik is better for our consumers, better for advertisers and as a result increases the adoption of our platform. We are proud to partner with Marqeta and Discover in this endeavor and will continue to seek additional opportunities to expand our network and improve the Perk brand."

Omri Dahan, CRO of Marqeta, commented: "We have found that merchants today are not looking to change their point of sale to accept reward points as payment. Marqeta is able to convert points in real time helping Perk to provide its members with greater options for spending their rewards. We look forward to a long business relationship with Perk and are proud to be a part of Perk Plastik."

About Marqeta

Founded in 2010 Marqeta was developed with the express purpose of speeding up commerce innovation. Marqeta is an all API-based, dynamic issuer processor platform that enables companies to build, issue and deploy innovative payment products with enormous control over what, where, and how purchases are authorized at the point of sale (POS) through Open APIs Current clients include some of the largest e-commerce, social media, financial services and traditional retail brands in the world, as well as some of the most forward thinking, developer-led startups in financial services, banking and retail. Learn more at

About Inc.

Perk provides a rewards platform targeting consumers primarily by rewards for people's every day mobile and internet activities. Perk offers Perk Points, a digital reward which can be redeemed for gift cards and cash. Members can earn Perk Points through a wide variety of activities including shopping, watching videos, and playing social games.

Perk currently owns and operates 12 mobile applications allowing members to earn Perk Points. Perk also operates numerous owned websites. In addition to offering Perk Points through its own mobile applications and websites, Perk launched its Appsaholic Software Development Kit which allows mobile and desktop publishers to reward their users with rewards, such as gift cards, for engaging with the publisher's applications and websites.

Additional information about Inc. can be found at the Company's corporate website:

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements, including with respect to Perk's business, Perk's ability to grow its active consumer base; the proposed used of proceeds with respect to the funds raised from the private placement; user and advertiser engagement; Perk's ability to establish new marketing partnerships; Perk's ability to expand into new markets; and Perk's ability to acquire and integrate new businesses and technologies. Such forward-looking statements reflect Perk's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. These statements include but are not limited to statements regarding the intended terms of the offering and the closing of the offering. When used herein, the words "anticipate, " "believe," "estimate," "upcoming," "plan," "target", "intend" and "expect" and similar expressions, as they relate to Perk or its management, are intended to identify such forward-looking statements. These forward-looking statements are based on information currently available to Perk and are subject to a number of risks, uncertainties, and other factors that could cause Perk actual results, performance, prospects, and opportunities to differ materially from those expressed in, or implied by, these forward-looking statements, including, but not limited to: maintenance by Perk of relationships with advertising network providers; maintenance by Perk of its agreement with Yahoo!; successful development of the "Perk" brand; Perk's ability to keep up with rapid technology developments in Perk's markets; Perk's ability to avoid defects in products and services delivered by Perk; Perk's ability to attract app and website developers to its Appsaholic SDK; and Perk's ability to successfully enter new business areas and geographic markets; success of new products developed by Perk and Perk's ability to retain key members of its management team.

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