NETCENTS APPOINTS KANWISCHER AND SHUM TO ADVISORY BOARD

VANCOUVER, British Columbia, May 11, 2016 (GLOBE NEWSWIRE) — NetCents Technology Inc. (“NetCents” or the “Company”) (CSE:NC) is pleased to announce the appointment of John Kanwischer and Phillip Shum to our newly formed Advisory Board. Both Mr. Kanwischer and Mr. Shum bring a significant degree of insight and expertise from the financial sector to NetCents. This Board will strengthen our platform and solidify our place in the Fintech industry as leading experts and innovators in our field.

“As we look to the future of NetCents growth, it’s extremely vital that the Company receive timely insight and knowledge from industry experts who know and understand our business. Advisors such as John and Phillip will be the cornerstones for us to listen to and learn from as we build our Advisory Board, our company, and continue developing our growth into today’s market,” commented Clayton Moore, CEO & Founder.

John Kanwischer

John Kanwischer is an accomplished IT Professional. Having delivered successful enterprise, trading, and clearing solutions for over 25 years in the financial services industry (JP Morgan, Morgan Stanley, Barclay’s Capital, Deutsche Bank, Euronext & Western Union). John’s years of expertise make him an invaluable asset to NetCents. A calculated risk-taker with deep tech industry and product knowledge, he specializes in payment processing, Foreign Exchange, and derivatives. John is experienced in motivating and managing large teams and effective at developing efficient solutions to difficult problems while ensuring alignment to business and IT strategies.

Phillip Shum

Phillip Shum is the Vice President, Client Relations at SmallCapPower.com and brings over 17 years of experience to our Advisory Board. His background includes experiences at industry leaders such as PayPal, Canada, where he was Product Experience Manager, and CPNI Inc., where he was Manager, Marketing and Sales Operations. Philip specializes in strategic marketing strategy and plan development, investor relations, financial industry communications, and regional market forecasts. His expertise in mobile payments and banking software solutions are what make him a valuable asset to our board.

About NetCents

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. The technology is integrated into the Automated Clearing House (“ACH”), which ensures our consumer’s security and privacy. This release allows the Company to continue their expansion and enhance the users online and mobile experience, granting them the freedom and convenience to Pay. Your Way. ™

Further information about the Company is available under its profile on the SEDAR website www.sedar.com, on the CSE website www.thecse.com, on our websitewww.netcents.biz or contact Robert Meister, Capital Markets at Ph: 604.676.5248 or email: [email protected].

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.

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.