NETCENTS PROVIDES CORPORATE UPDATE
VANCOUVER, B.C., April 6, 2016 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC) is pleased to provide an operations and corporate update.
Over the last twelve months, NetCents has evolved the platform from a simple payment processor to one that delivers payment options and money transferring capabilities on a global scale. Our innovative and unique interface coupled with our exchange partnerships enable users to buy, sell, trade, transfer, or convert any digital currency in real-time, all within the NetCents environment.
Our business model, which utilizes both proprietary technology and white-label partnerships, has positioned the company to capitalize on evolving dynamics of the high-growth FinTech sector in areas such as Payment Services, Money Transfer, Foreign Exchange, Loyalty & Rewards, and Digital Advertising.
“In the span of one month, we have rolled out a slew of announcements that have been nothing short of amazing for our company. NetCents continues to develop its universal platform to simplify the way the world moves money. Our philosophy remains steadfast: we are here for you. To make online and offline payments safe, secure, and easy. The combination of our wide range of options and white-label partnerships continues to put the power of payment back in your capable hands,” commented Clayton Moore, CEO and Founder of NetCents. “NetCents utilizes innovative Blockchain-based software solutions that provide payment solutions to our users that are simple to use, streamlined, and hassle-free.”
On March 9, 2016, NetCents commenced trading on the Canadian Securities Exchange (“CSE”) under the symbol “NC”. Since that date, the company has made a number of significant announcements, as seen below.
March 15, 2016: NetCents Now Accepts Consumer Deposits from 24 Countries
This addition to our services greatly enhanced NetCents’ market reach and processing capabilities. . The integration provided NetCents users the ability to receive deposits from consumers using major credit cards, including: Visa, MasterCard, American Express, and Apple Pay.
March 17, 2016: NetCents Announces Master Purchase Agreement With DigitalX Limited For Strategic Partnership And Fulfillment Services For Digital Currencies
This Agreement provided NetCents the ability to fulfill orders for blockchain-backed digital currencies, anywhere, anytime – regardless of transaction size. On March 23, NetCents completed its integration with DigitalX Limited, and can now leverage their blockchain-based technology to bring our users any value of digital currency.
March 21, 2016: NetCents Continues To Expand Globally Through Strategic Agreement With International Remittance Company
Our services agreement will generate an estimated $8.8 USD million per year in remittances as well as bring in an estimated 35,000 users to the NetCents platform.
March 30, 2016: NetCents Develops Mobile App for iOS and Android Platforms
Available under “NetCents,” through both iTunes and the Google Play Store, our online technology will soon be accessible for users to download, making online paying even more simple and at their fingertips.
NetCents is an online payments platform, offering consumers and merchants online services for managing electronic payments. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. Our technology is integrated into the Automated Clearing House (“ACH”), which ensures our consumer’s security and privacy. The combination of our services agreement, partnerships, and leveraging of innovative blockchain-based software allows the Company to accept and transfer deposits from users in 24 countries, enhancing the users online experience, granting them the freedom and convenience to Pay. Your Way.™
Further information about the Company it is available under its profile on the SEDAR website,www.sedar.com, on the CSE website www.thecse.com, on our website www.netcents.biz or contact Robert Meister, Capital Markets at Ph: 604.676.5248 or email: Robert.email@example.com.
On Behalf of the Board of Directors
NetCents Technology Inc.
Clayton Moore, Founder/CEO
NetCents Technology Inc.
Suite 1500, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8
The Canadian Securities Exchange has neither approved nor disapproved of the contents of this press release. 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 release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.