Pushpins is Acquired by Performance Marketing Brands

SAN FRANCISCO, CA – Performance Marketing Brands, the operator of the world's most rewarding shopping programs, today announced the acquisition of Pushpins. Pushpins is a free iOS application that offers grocery shoppers digital coupons at over 6,000 stores and weekly specials at over 50,000 stores, as well as easy access to nutritional information and an intelligent shopping assistant. With the addition of Pushpins, PMB expands into the grocery retail market and further strengthens the breadth of its mobile offering, which includes shopping applications from FatWallet and OneReceipt.

Pushpins’ technology integrates with customer loyalty cards, so coupons get automatically deducted during grocery store purchases at checkout. With the simple and easy to use Pushpins application shoppers can:

• Build shopping list by searching or scanning over 200,000 grocery products
• Synchronize list with other family members or multiple devices with a single click
• Automatically match the best digital coupons and weekly specials to items on their shopping list
• Sort lists by aisle to help get in and out stores quickly and easily
• Access the full nutrition label and ingredients of over 150,000 products and see exactly what’s in their food
• Pushpins’ addition to online shopping brands Ebates, Ebates Canada, FatWallet, and OneReceipt will expand the way millions of shoppers save every day.
• “Expanding into grocery categories is a great way for us to expand opportunities for our members to save with coupons, deals and cash back every time they shop,” said Kevin H. Johnson, CEO of Performance Marketing Brands. “The Pushpins application provides a wonderful tool for consumers to shop smarter.”
• Palo Alto-based Pushpins was founded in 2010 by Co-Founders Jason Gurwin, CEO, and Peter Michailidis, CMO. The two entrepreneurs previously built entertainment and point-of-sale systems software. They met at Harvard Business School and together won the MIT100K Executive Summary Competition for Pushpins. Since its debut, Pushpins has earned industry recognition as a top 150 overall app on the App Store, #2 app in its category, and 2011 Consumer Reports Top Mobile Shopping App. The company was backed by Lightspeed Venture Partners and Archimedes Capital.
• “We’re excited about evolving the in-store shopping experience to be the best it can be by joining with PMB’s parallel vision,” said Jason Gurwin of Pushpins. “With PMB, we can offer even more savings and rewards.”
• To download Pushpins’ free app on iTunes, visit: https://itunes.apple.com/us/app/pushpinsgrocery-coupons-lists/id401553995?mt=8

About Performance Marketing Brands
Performance Marketing Brands (PMB) owns and operates the world's most rewarding shopping programs. Through its family of distinct websites and reward programs, PMB users can get a great deal and earn cash back every time they shop. PMB owns and operates: Ebates.com, the leader in online cash back shopping; Ebates.ca, the number one choice for Canadians who love to shop and save online; FatWallet.com, the preferred online resource for savvy consumers; AnyCoupons.com, the one-stop shop for any coupon available online; and OneReceipt, the solution to manage all your receipts in one place. To learn more, visit www.performancemarketingbrands.com.

About Pushpins
Pushpins is the easiest way to save on your groceries without ever having to clip another paper coupon again. The free Pushpins app for iPhone and iPod touch offers grocery shoppers digital coupons as well as access to nutritional information and an intelligent grocery shopping assistant. In 2011, Pushpins was cited by Consumer Reports as one of the top mobile shopping apps available. Weekly specials are available in 50,000 stores nationwide and digital coupons in 6,000 stores including Foodtown, Giant Eagle, Harps, Just Save Foods, Lowes Foods, MainStreet Market, Marsh, Shop ‘n Save, ShopRite, & Rite Aid.


 

Contacts:

For Performance Marketing Brands

Jessica Cooper | 415 442 4036 | [email protected]