ProfitPoint, Inc. Signs Multi-Year Agreement With Godiva Chocolatier
Clifton Heights, PA - September 28, 2009 ProfitPoint, Inc. has signed a new multi-year agreement with Godiva Chocolatier to provide gift card processing services. Godiva is expanding distribution of the highly successful Godiva Gift Card Program. Since partnering in 2007, ProfitPoint and Godiva continue to develop additional prepaid initiatives to better serve the Godiva customer base and expand revenue opportunities. ProfitPoint will be unveiling its new SNAP platform (Stored-value Network Authorization Platform) in 2010, which will include enhanced functionality allowing all of its partners to customize their gift and pre-paid programs in new vertical markets.
Godiva Chocolatier’s Vice President, North America Finance, Tony DiPippa, commented “This agreement reflects our belief that ProfitPoint is the right long-term partner for Godiva and will enable us to continue to grow our gift card business for years to come.”
“ProfitPoint is excited to continue to build our partnership and develop innovative prepaid solutions to the marketplace with the premier retailer of fine chocolates in the market today,” said ProfitPoint President, Jim Battista. “Working with Godiva is challenging and fulfilling as they demand the best of themselves and their partners, and we intend to deliver to the marketplace.”
About ProfitPoint, Inc.
ProfitPoint, Inc. is a leading provider of gift and loyalty card services to the small to medium sized merchant community. In 2008 Inc. Magazine ranked ProfitPoint No. 59 on its annual ranking of the 5,000 fastest-growing private companies in America with three-year sales growth of 2,642.0%. Having its corporate headquarters near Philadelphia, PA, and customer care center in Franklin, TN, ProfitPoint supports its gift and loyalty cards with point-of-purchase accessories, real-time electronic transaction processing and customizable reports for each merchant. ProfitPoint specializes in the design and production of custom gift and loyalty cards, software capability and merchant education to meet each individual client’s needs. Now serving more than 25,000 merchant locations nationwide, ProfitPoint produces in excess of fifteen million cards per year and does more than twenty million stored value transactions on its proprietary gift and loyalty card platform. www.rewardforloyalty.com.
About Godiva Chocolatier
Godiva Chocolatier is recognized around the world as the leader in fine chocolates. From its famous truffles and shell-molded chocolate pieces to its European-style biscuits, gourmet coffees, and hot cocoa, Godiva Chocolatier has been dedicated to excellence and innovation in the Belgian tradition for over 80 years. www.GODIVA.com
For more information:
Aimee DuCasse, Director of Marketing
484-462-4240
aducasse@profitpointinc.com
