Press Releases - 27th May 2006

Online rewards program generates over £3 million cashback for it's members

GreasyPalm, one of the UK's fastest growing consumer reward sites, has broken the £3 million barrier for cashback awarded to it's members. Launched in 2003 GreasyPalm has proven massively successful with consumers, recruiting over 500,000 members eager to receive cash discounts on their shopping.

Says Neil Durrant, Director at GreasyPalm, "The success of GreasyPalm shows that cash discounts compare favourably against points-based systems for loyalty rewards. Our members know the exact value of their reward which provides strong motivation to return again and again - there is no confusion over how much their reward is worth, what it can be redeemed for and so on. People know exactly what they are getting."

About GreasyPalm:

Established in 2003, GreasyPalm is the UK's largest cashback website and one of the UK's largest consumer rewards sites. GreasyPalm has over 500,000 registered members who can earn cashback from an excess of 1,000 retail partners including The AA, Marks & Spencer and Lloyds TSB.

About Submission Technology:

Founded in 2003, on a bootstrap budget, Submission Technology launched its first online property - GreasyPalm.

Submission Technology has since launched the Afform Performance Advertising network in 2005, providing advertisers with access to the UK's top tier affiliate publishers (including GreasyPalm).