Jun 2, 2016

Leading Loyalty Marketing Businesses 13:00 ET from Augeo ST. PAUL, Minn., June 2, 2016 /PRNewswire/ -- Today, Augeo announced the completion of its second acquisition in 2016 and its eighth in company history, with the asset purchase of Incentive Logic, Inc. Augeo is a rapidly growing leader among US and international engagement and loyalty platform providers, and has been working in the loyalty space since its inception in 1998. Incentive Logic, also founded in 1998 and based in Scottsdale, AZ, developed one of the first customized online reward catalogs in the industry, and now runs comprehensive points based and quick rewards incentive programs for a wide variety of industries including airlines, healthcare, retail and technology, among many others. Augeo works with some of today's largest employers and companies and serves both US and international platforms operating in over 55 countries and 8 languages. While both Augeo and Incentive Logic focus on large scale, highly complex employee recognition programs among other areas, Augeo will be adding Incentive Logic's solutions for the SMB employee incentive market, market research and health and wellness incentive solutions to expand its offering. "We have been designing and deploying one of the most innovative employee incentive solutions in the industry in recent years, with personalized dashboards, gamified and mobilized functionality, contest and promotional modules, and the broadest array of incentive categories. We are doing similar things in health and wellness," commented David Kristal, CEO of Augeo. "Bringing to Augeo the Incentive Logic team and product solutions completes a spectrum of solutions that is unmatched in the markets we serve. " "With Augeo, we look forward to bringing our clients the same high quality programs, fulfillment and service that they receive today, along with the expanded support and innovation of a now larger team," said Phil Leger, CEO of Incentive Logic. "What we will be able to deliver in market together for our clients will be highly customizable, inventive and flexible. Organizations are looking for additional channels to connect points for broader loyalty potential and more frequent interactions with their employees and end users. " "The Incentive Logic team takes great care of their customers, and that is what we are about at Augeo," added Kristal. "We are thrilled to move forward with the Incentive Logic team as we look to bring even more value to our current clients and introduce new clients to our expanded product offering. " While Augeo's headquarters are in St. Paul, MN, all Incentive Logic operations will remain intact with the current account, technology and customer support teams working out of Scottsdale, AZ. About Augeo Augeo is a nationally recognized leader in engagement, loyalty and incentive platforms with a focus on developing new solutions and innovative technology for clients, employees and their customers. Augeo operates separate business units in consumer and customer loyalty, financial institution loyalty, employee recognition, affinity insurances, membership benefit solutions and agency/branding services. Augeo serves both domestic and international programs and currently supports 55 countries in 8 languages. Headquartered in St. Paul, MN, Augeo also has offices in the metropolitan areas of Chicago, Boston, New York, Atlanta and Scottsdale. For more information, visit augeomarketing.com. About Incentive Logic Incentive Logic is a technology and services company providing innovative, web-based incentive solutions designed to motivate and drive actions and behaviors to attain key business results. Working with Fortune 1000 employers, associations, marketers, sales organizations, digital agencies, health partners and providers, and other enterprises, Incentive Logic runs research and survey programs, employee recognition and reward programs, customer loyalty programs, sales incentive programs and health and wellness programs. For more information, visit incentivelogic.com. To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/augeo-acquires-incentive-logic----adding-an-experienced-team-and-proven-incentive-solutions-to-its-leading-loyalty-marketing-businesses-300278817.html SOURCE Augeo