Glance Announces New App Version and Appointment of Investor Relations Consultants

VANCOUVER, British Columbia, March 23, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) ​is pleased to announce the release of a new version of the Glance Pay App (available for iOS and Android) which has been updated to reflect Glance’s new branding, an improved user experience, new options for quick serve for varying mobile device capabilities, and enhancements for U.S. dollar payments in support of Glance’s planned U.S. launch.

The enhanced user interface functionality makes it easier for consumers to use the app and access their rewards and promotions to further encourage users to visit their favorite merchants. Quick serve payment enhancements provide a broader set of phone capabilities, supporting a wider range of merchants and consumers and delivering an improved user experience.

“We are excited about these app enhancements which further differentiate Glance in the mobile payments market,” says Glance CEO Desmond Griffin. “With this latest version we are making it easier to use, adding important functionality, expanding our addressable market and setting the stage for our upcoming launch into the U.S.”

Glance is also pleased to announce that it engaged Vincic Advisors as its investor relations consultants. Subsequent to this engagement, Christina Rao resigned her consultancy role as Vice President Investor Relations.

About Vincic Advisors

Vincic Advisors is a leading international consultancy focused on the delivery of investor relations, communications and capital markets outreach services. Founded in 2014, Vincic Advisors has helped clients from a broad cross section of industries navigate the nuances and complexities of capital markets communications. Based in Toronto, the firm leverages the collective experience of its seasoned practitioners to provide bespoke solutions designed to help clients enhance long-term shareholder value.

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 and 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.

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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.

Forward-Looking Statements

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 statements, which involve risks and uncertainties, relate to the discussion of Glance’s business strategies and its expectations concerning future operations, margins, sales, new products, new licensing arrangements, potential acquisitions, use of proceeds, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. 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 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.

Source:Glance Technologies Inc.