Inc. (TSX:PER) (" Perk" or the " Company"), a leading cloud-based mobile rewards platform provider, today announced the release of version 3.0 for the Viggle App, a mobile and tablet application that uses incentives to make content consumption and discovery more rewarding for media companies, brands and consumers.

With Viggle App 3.0, Viggle users will now earn Perk Points and receive greater value toward rewards. Viggle App 3.0 users will have access to Perk's Reward Platform, which includes users being able to convert their Perk Points into real money with Perk Plastik, a prepaid debit card that runs via the Discover Network. The Company completed the acquisition of the Viggle App and its related assets on February 8, 2016.

Ted Hastings, Chief Executive Officer of Perk, stated: "We continuously strive to improve the apps we offer to our users and in less than ten days, we have successfully re-platformed the Viggle App so users can begin earning Perk Points and receive higher value toward their rewards. When we acquired the Viggle App and assets, we also acquired a direct sales team to build our relationships with well-known brands across the Perk ecosystem. The brands that we partner with can now reach their targeted users not only when they are using the Viggle App to watch TV, but when they are using the broader Perk platform of apps to watch popular videos, shop, search the web, or play games. In addition, brands can now sponsor engagements with users across our 3 rd party platform in Appsaholic, SuperRewards, and Corona Labs. We are thrilled at how quickly we have been able to integrate the Viggle App into our operations and to be able to pass on to our Viggle users the many benefits of Perk's Points and Perk's Reward Platform."

About the Viggle App

The Viggle App is an award-winning cloud based advertising platform that works on mobile phones and tablets allowing users to earn rewards by watching TV and listening to music. After downloading and creating an account, consumers are able to play games along with TV shows, share comments through social media, answer trivia questions and discover more about the show. Users can also discover new music through the Viggle App.

Viggle App 3.0 is available for download via iTunes (for Apple devices) and the Google Play Store (for Android devices) by searching "Viggle 3.0."

About Perk

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 acquisitions of SuperRewards, a rewards and alternative payments platform for publishers and developers as well as Corona Labs, an app development platform that allows developers to develop apps for both iOS & Android.

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: the anticipated benefits of the Acquisition; the anticipated effect of the Acquisition on Perk's strategy, operations and financial performance; 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 before and following the Acquisition; 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 the acquired business from Viggle; 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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