Inc. (TSX:PER) ("Perk" or "the Company"), a leading cloud-based mobile rewards platform provider, today announced that it has appointed Roj Niyogi, the Company's founder and President, to the position of Chief Executive Officer of its newly acquired subsidiary, Corona Labs Inc. ("Corona Labs"), a leader in 2D mobile game and app development. In addition to his existing responsibilities, Mr. Niyogi will lead this division of the Company.

Ted Hastings, Chief Executive Officer of Perk, commented, "Roj has done exceptional work in his role as President of the Company. He helped create Perk and is the perfect choice to lead this division. We believe his knowledge and expertise will prove invaluable in the acceleration of our rewards model and monetization solution through the Corona Labs platform, and we expect to experience similar success as to the rapid ongoing widespread adoption of our rewards model through our Perk owned and operated mobile applications and websites."

Mr. Niyogi, Founder and President of Perk, stated, "I'm excited to have an opportunity to lead Corona Labs and to build upon its excellent foundation as a leader in 2D mobile game and app development. Building relationships with app developers from day 1 and continuing to partner with them as they operate their businesses is a critical component to our long term strategic plan. Rapid app building through the Corona Labs platform is unmatched in the industry. We are excited to invest in the platform and division and to bring more tools to developers to help build their businesses through app monetization, which has worked extremely well for us with our own Perk brand suite of products."

About Corona Labs

Corona Labs is the leader in 2D game and app development and is reinventing how the world builds apps and games for mobile, connected TV, and desktop platforms. Corona's flagship product, Corona SDK, is the world's most advanced development platform, empowering developers to build apps faster for iOS, Android, tvOS, OS X, and Windows - all with a single code base. Experienced by more than 300,000 developers around the globe and with hundreds more signing up daily, apps built with the Corona Labs platform enjoy a combined total of over 1.6 billion user sessions each month.

About Inc.

As a leading mobile rewards platform, Perk brings together the interests of consumers, advertisers, and publishers by offering consumers rewards such as Perk Points and other digital goods. Perk Points can be redeemed for gift cards, cash, or loaded on to Perk Plastik, a re-loadable branded debit card. Perk works with brands and publishers to reach consumers through truly engaging and innovative formats using rewards as a way to achieve maximum engagement of their brands and products.

Perk currently owns and operates 15 mobile applications that allow members to earn rewards such as Perk Points and digital goods. Perk also operates numerous websites as well as AppTrailers, a leading mobile video rewards app. In addition to offering rewards to members through its own mobile applications and websites, Perk launched its Perk Platform, Appsaholic, which allows mobile and desktop publishers to utilize rewards to engage and entice users through the publisher's own applications and websites. The Perk Platform was further expanded through the acquisition of SuperRewards, a rewards and alternative payments platform for publishers and developers.

Additional information about Perk can be found at its 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; 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. 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's 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 and partners; 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, including integration of acquired businesses; success of new products developed by Perk and Perk's ability to retain key members of its management team. We do not undertake to update any forward-looking statement, except as required by law.

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