Address: C/o Prism Services Belleville Corporate Centre Cnr. Pine Road & Pine Hill St. Michael Board Of Directors: G.A.A. King, BSc. (Hons), C.I.T.P. Chairman F.F.C. Delmas R.G. Cave Division: Percentage Owned: 90.0% Established: April 1997 Core Business: Customer Rewards Programme Magna Rewards Inc. provides frequent shopper cards to loyal clients of participating Magna partners. This electronic customer loyalty programme allows customers to earn points from their purchases which are redeemed for goods and services at all Magna partners, including travel on any airline or cruise ships. This incentive scheme offers customers real value and, at the same time, boosts sales for all business partners involved. The Magna Rewards programme has been expanded regionally into St. Lucia - Magna Rewards (St. Lucia) Limited, Trinidad - Magna Rewards (Trinidad) Limited and in Jamaica -Magna Rewards (Jamaica) Inc., through an investment with Prism Services Inc. With operations at more than 50 locations in Barbados, 60 locations in St. Lucia, and 305 in Trinidad, the Magna programme presently has 70 corporate partners including more than 10 international blue chip partners on board. Recent figures indicate that the scheme has an active card membership of about 600 000 customers and this figure continues to grow each month with the acquisition of new members and the launch of Magna in the Bahamas and the Dominican Republic through Magna Rewards (Caribbean) Inc. The programme currently fuels sales for partners in the region of a 1/2 billion (US) dollars in business. Website: magnarewards.com « back