VANCOUVER, British Columbia, Feb. 21, 2018 (GLOBE NEWSWIRE) — Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that it has now signed over 350 locations for use of the Glance Pay app, including over a dozen US locations ahead of its planned US expansion. In the Toronto marketplace alone, the number of signed locations has grown by more than 50 per cent since the start of this year.
This month, Glance Pay will be exhibiting at the Restaurants Canada Show, Canada’s largest foodservice trade event, before heading south for more trade shows, industry events, and U.S. launches later in the year.
“As we continue our targeted growth strategy within the Canadian and U.S. marketplaces, having consistent expansion confirms our full-circle value proposition and the strength of Glance’s solution to several industry pain points,” says Paola Ashton, Vice President of Business Development, Glance Pay. “Building our brand awareness and demonstrating our industry-leading solution for mobile payments will continue to be our main focus in 2018.”
About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing. Glance has also recently purchased an end-to-end blockchain solution and is working on a rewards-based cryptocurrency intended to be integrated into the Glance Pay app.
For more information about Glance, please go to www.glance.tech.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking information or forward-looking statements (collectively “forward- looking information”) within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”,”estimate”, “plan”, “pursue”, “potentially”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. A complete discussion of such risk factors and their potential effects which may be accessed through Glance’s profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. In particular, Glance may not be successful in building its planned cryptocurrency or there may not be sufficient support for the cryptocurrency to make it a success.