VANCOUVER, B.C., Oct. 22, 2018 — Glance Technologies Inc. (“Glance” or the “Company”) (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce it has become the preferred mobile payments solution of the British Columbia Restaurant & Food Services Association (“BCRFA”), positioning the Company to promote its mobile payments solution to the BCRFA’s 3,000 plus members.
As Glance positions itself to significantly enhance its merchant-facing solutions with the launch of the Glance PayMeTM platform, this partnership agreement with the BCRFA provides Glance with the opportunity to connect directly with the thousands of independent restaurants and chain locations across B.C. that make up the association’s membership.
“Providing BCRFA members with the best solutions in the industry is our mandate and Glance provides the best mobile payment solution for our members,” says BCRFA President Ian Tostenson. “After having carefully evaluated other mobile payment solutions and gaining insight from successful locations that currently accept Glance Pay, Glance provides the most robust technology powered by their superior anti-fraud protection. I know first-hand, as a user, that Glance Pay is the best-in-class option for our association,” he says.
Now fully integrated with 15 leading POS systems that represent more than 500,000 installations across North America, the Glance Pay app provides fast and easy mobile payments, built-in digital rewards, and efficiency-enhancing advantages for businesses in the food service industry and beyond.
“Entering into this partnership provides Glance with the incredible opportunity of becoming the BCRFA’s mobile payments company of choice, and our Glance Pay app of becoming the preferred solution recommended to the thousands of restaurants and chain locations that make up its membership,” says Glance Technologies CEO Desmond Griffin.
“This endorsement aligns well with Glance’s aggressive growth plans and our readiness to showcase our cutting-edge solutions to this highly competitive industry that needs Glance’s solution to solve its operational pain points and boost bottom-line revenue,” he says.
More than 530,000 restaurant businesses across Canada and the U.S. are represented by food service industry associations and the BCRFA partnership allows Glance access to this alliance under a highly reputable recommendation.
Glance also announced today that further to its press release dated July 5, 2018, Steamworks Group of Companies has successfully completed its trial of Glance’s mobile payment solution, Glance Pay, and is now live at all four locations.
To learn more about the Glance Pay mobile payment community of merchants and users, visit www.GlancePay.com.
About the BCRFA
The BCRFA is the largest and most progressive industry organization in British Columbia. We are a collective group of restaurant professionals devoted to the sole purpose of creating the most favourable business environment for our members. As the voice of BC restaurants, we are dedicated to meeting the diverse needs of our unique industry partners and restaurant members, providing valuable information and exclusive opportunities. Together, we help to improve business and achieve success. With more than 40 years experience, and with over 3,000 members, we continue to be the foremost resource for our industry.
About Glance Technologies Inc.
Glance 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 is working on a rewards-based cryptocurrency.
For more information about Glance, please go to www.glance.tech.
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VP Business Development
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”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Glance’s business strategies and its expectations concerning future operations, the launch of Glance PayMe, Glance directly connecting with the BCRFA’s members, the Glance Pay app becoming the preferred solution recommended to the thousands of restaurants and chain locations that are members of the BCRFA, Glance obtaining access to the foodservice industry alliances, and the expectation that Glance will accelerate growth and scale. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things, risks related to Glance’s efforts to promote its mobile solution to BCRFA’s members, the success of Glance PayMe beta testing, risks related to launching Glance PayMe, and risks related to adoption of Glance PayMe. The forward-looking information in this press release is also based on certain estimates, forecasts and projections, as well as expectations, beliefs and assumptions, including, among other things, that Glance will be able to achieve its business objectives and that Glance will be successful in promoting its mobile solution to the BCRFA’s members. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Glance, 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.