MONTREAL, Nov. 22, 2018 (GLOBE NEWSWIRE) -- Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”)
(TSX-V:MOS) (OTCQB:MOBIF), a global Fintech company, offering a fully integrated suite of multiple Payment Card-linked, Digital
Marketing and Business Intelligence Solutions is pleased to announce that it has completed the integration and testing of its
Card-Linked Offers & Rewards Platform (“CLO&R Platform”) with Prisma Medios De Pago S.A., the largest payment cards acquirer
and processor in Argentina, and the fourth largest in Latin America, processing more than 7 billion transactions per year
(“Prisma”). This integration is the final step in a long and rigorous process required to launch the new generation of CLO&R
solutions in Argentina.
Mobi724 is expecting to launch two (2) important clients in Argentina in Q1 2019.
Marcel Vienneau, CEO of Mobi724, stated: “This integration and the imminent launch of important clients in
Argentina, with our disruptive Fintech solutions, is a fundamental, and highly anticipated achievement in our strategic plan for
2019 and beyond.”
About Mobi724 Global Solutions Inc.
“We enable smart transactions anywhere”
Mobi724, a global Fintech company, offers a fully integrated suite of multiple Payment Card-linked, Digital
Marketing and Business Intelligence Solutions, which work with any payment card, on any mobile device and at any Point of Sale; and
a mobile EMV compliant payment platform. Mobi724 provides turn-key solutions for card associations, card issuers, banks, retailers,
offer providers, to create, manage, deliver and track and measure incentive campaigns worldwide in real time. The company captures
value from big data to deliver seamless and personalized user experiences for the benefits of all parties in the ecosystem. Mobi724
headquarters are in Montreal, Canada, and the company presently has operations in North and Latin America, the Caribbean and Asia
Pacific.
About Prisma Medios De Pago S.A.
Prisma Medios de Pago S.A. develops multi-platform solutions for various processing and payment methods. It
offers processing solutions in the areas of debit and credit cards, ATMs, commercial services, customer service centers, loyalty
programs, and fraud and risk management. The company also offers various solutions for stores, including cards, electronic
payments, micropayments, and payment gateways. It serves financial companies in Argentina and internationally. The company was
founded in 2014 and is based in Buenos Aires, Argentina.
Legal Disclaimer
Certain statements in this document, including those which express management’s expectations or estimations
with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities
laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management
considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks
on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks,
uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to
be materially different from any future results, performance or achievements expressed or implied in these forward-looking
statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all
forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them
in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking
statements, whether to reflect new information, future events, or other circumstances. Neither TSX Venture Exchange nor
its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the
adequacy or accuracy of this release. This news release does not constitute a solicitation to buy or sell any securities in the
United States.
For further information, please visit www.MOBI724.com or contact:
Investor Relations:
Mr. George Aizpurua
Vice-President, Communications
First Canadian Capital Corp.
T: 647-500-2389/416-742-5600; E: gaizpurua@firstcanadiancapital.com
Ms. Rachel Girard
Chief Financial Officer
Mobi724 Global Solutions Inc.
T: 514-394-5200; E: IR@Mobi724.com
