NETCENTS TECHNOLOGY INC. COMPANY APPOINTMENTS

VANCOUVER, B.C., October 16, 2017 – NetCents Technology Inc. (“NetCents” or the “Company”) (CSE: NC), is pleased to announce the appointment of Mehdi Mehrtash to the position of Chief Technical Officer (CTO) for Netcents Technology Inc.

Mr. Mehrtash brings over 15 years of experience in infrastructure design, configuration, deployment, and management. Having worked in a diverse field of organizations, including start-ups, entrepreneurs, and small businesses and is well versed in a variety of programming languages and blockchain technology. He has demonstrated success in large-scale rollouts as he led a team of developers to build an in-house ERP and assisted in the deployment of SAP to more than 1200 stores across Canada for the country’s retailer of home improvement products.
Clayton Moore, Founder and CEO of NetCents said, “Mehdi is truly deserving of this appointment. He has been the driving force and chief architect of getting our platform to where it is today. His ability to provide unique and out of the box solutions is really great.”
This latest announcement follows up on previous announcements to new members to the NetCents Board of Directors. The company appointed Jenn Lowther to the Board and will nominate Jean-Marc Bougie to the Board at the Company’s AGM. Ms. Lowther is an award-winning Digital Marketing Strategist with over eleven years’ experience in corporate and campaign strategy at top digital agencies in North America. Mr. Bougie is currently Chief Executive Officer of the Hillcore Group. He has extensive experience in numerous financings (debt, equity, IPO) and mergers and acquisition advisory assignments in Canada, Europe, South America and the United States as part of his tenure with RBC Capital Markets.
About NetCents
NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. NetCents Technology is integrated into the Automated Clearing House (“ACH”) and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer’s security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™
For more information, please visit the corporate website at www.net-cents.com or contact Gordon Jessop, President / COO at: [email protected].

On Behalf of the Board of Directors
NetCents Technology Inc.

“Clayton Moore”
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4

Cautionary Note Regarding Forward Looking Information
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.
The CSE has not reviewed, approved or disapproved the content of this press release