Reffind Builds Strong Foundation for Growth in March 2018 Quarter

Leading enterprise rewards and loyalty company REFFIND provide the following update on the Company’s progress in the quarter ending 31 March 2018. REFFIND has built strong foundations for growth throughout the quarter and is well-positioned to execute its strategic goals.

WooBoard Upgrade

WooBoard is a cloud-based employee rewards and recognition platform that allows enterprise customer employees to acknowledge, reward and celebrate their achievements.

During the quarter, REFFIND developed upgraded version of WooBoard with enhanced easy-touse recognitition, social capabilities, improved branding opportunities and a unified points system that drives daily interaction amongst employees.

Post the quarter, the Company released the upgrade version and is now committing additional resources to proactively target new corporate customers worldwide within the employee rewards and engagement market.

Due to its expanded target market, REFFIND is currently expanding its product portfolio to include a standalone Loyyal Corporation (“Loyyal”) product, and an integrated WooBoard and Loyyal product offering.

Investment in Loyyal Corporation

Further to REFFIND’s announcement on 18 December 2017 and 15 January 2018, REFFIND completed execution of binding investment documentation seeing the Company invest a total of A$2.99m in Loyyal during the quarter. The Company secured board representation rights under the agreed investment terms and nominated Anthony Dunlop to join Loyyal’s board of directors.


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