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February 26, 2008
COUPONS, INC. REPORTS STRONG 2007 GROWTH; Key Technology Advancements, Partnerships, Acquisitions, and International Growth Boosted Industry Leader's Momentum Mountain View, Calif. - February 26, 2008 - Coupons, Inc., the world's leading provider of printable coupon marketing and technology solutions, saw strong, continual growth in 2007, further cementing its position as the premier platform for interactive coupon promotions. The momentum from 2007 positions Coupons, Inc. to capture significant market share from offline promotions in 2008. Coupons, Inc. rounded out a year of firsts and record-setting growth in 2007, including advancements in its software and technology, expanded solutions for printable coupon security, strategic acquisitions and partnerships, and new initiatives to support consumers. The company expanded its work with leading CPG and pharmaceutical brands using online promotions to drive measurable in-store sales, and gained new relationships in the retail sector. The company also strengthened its consumer presence by expanding its Digital FSI™ network of over 2,000 websites, led by its own flagship site at Coupons.com, to become the Internet's leading promotional network. "With 7 times year over year growth in coupon distribution we've exceeded our own expectations. Our goal in 2007 was to make printable coupons a 'must have' part of every client's promotional budget," said Steven Boal, CEO, Coupons, Inc. "We're now seeing clients move 10-20% of their promotional spend to this medium, based on proven results. We're expanding our reach, capacity, and offerings to take the business to the next level in 2008."
Growth Internationally, the company saw its fifty-percent stake in Couponstar UK pay dividends, as the market for printable coupons in Europe grew dramatically. The company now runs programs across 9 European countries, and ran four times as many campaigns for brand clients than the year before. Its CouponNET coupon distribution grew over 500% last year and redemption rates rose to 23.5%.
Customer growth
Significant partnerships and acquisitions In one key deal last year, Coupons, Inc. partnered with one of the largest grocery retailers in the U.S. to power the printable coupons across all of its store banner websites, allowing shoppers to click and print hundreds of coupons directly from a dedicated coupon section of the website and redeem them at all of the company's over 2,500 store locations. Coupons, Inc. also extended its longtime relationship with Valassis to provide the technology behind the printable coupons on the company's online savings portal. Valassis joined a long list of partners using Coupons, Inc.'s CLIP™ technology, including Yahoo, Grocery Shopping Network, Couponstar UK, and others. The company also completed several acquisitions to extend its technology and depth of coupon offerings:
Coupon leadership As a leader in the market, Coupons, Inc. is at the forefront of coupon technology and services, both online and offline. In 2007, the company introduced innovative new technology to push the industry forward, and was one of the first to support the newest technology in coupon barcodes:
Looking Ahead As exciting as 2007 was, the company is looking forward to even faster growth in 2008. It continues to increase coupon distribution volume, with another record-setting month in January. Upcoming developments in network expansion, mobile promotions, retail-specific marketing solutions, local advertising, and all-electronic coupons will make for another landmark year. About Coupons, Inc. Coupons, Inc. is the global leader in printable coupon solutions, providing clients with complete printable coupon promotional opportunities that appeal to key customer demographics. Its innovative marketing technology solutions, including its Digital FSI distribution network, help top brands and retailers reach consumers on thousands of Web sites with the most flexible, effective and secure alternative to offline-delivered coupons. Coupons, Inc. clients and licensees include the majority of top consumer packaged goods and brands and key retailers, such as Johnson & Johnson, General Mills, Kimberly-Clark, Masterfoods, Kraft Foods, Clorox, Kroger, and Valassis. Learn more about Coupons, Inc. at http://www.couponsinc.com
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