Midpoint Wins Product Innovation in Forex Award

TORONTO, ONTARIO--(Marketwired - July 4, 2014) -

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Midpoint Holdings Ltd. ("Midpoint") (TSX VENTURE:MPT) is pleased to announce that its wholly-owned operating subsidiary, Midpoint & Transfer Ltd., based in the United Kingdom has won 'Product Innovation in Forex 2014' at the 2014 Business Excellence Awards.

Winners of the prestigious 2014 Acquisition International Magazine Business Excellence Awards were announced yesterday evening. Voted for by a worldwide network of professionals, advisers, clients, peers and business insiders, the Acquisition International Business Excellence Awards celebrate the individuals and firms whose commitment to excellence sees them exceeding clients' expectations on a daily basis while setting the bar for others in their industry.

The awards, open to businesses from any sector or region are now in their second year and are handed out solely on merit. They are given to only the most deserving businesses, departments and individuals who have consistently demonstrated outstanding innovation, performance and commitment to their business or clients over the past 12 months and who have received independent nominations from their clients or industry peers.

John Booth, Chairman & CEO of Midpoint, said, "We are honoured to have won this award and proud that our ongoing work with Midpoint is gaining momentum. The fact that this award is entered on a nomination only basis and then judged on by a wide network of professionals is testament to our innovative peer to peer international payments business."

Speaking about the awards, AI Global Media awards coordinator Siobhan Hanley said: "Our Business Excellence Awards are quickly becoming one of our most popular, with businesses all over the globe eager to showcase the amazing work they've been doing to achieve stellar results for their clients while really setting the standards for what can be achieved in their sector.

"We're proud to be able to showcase some of the most innovative and committed organisations from across the business world and the winners can be rightly proud of the game-changing work they've been doing over the past 12 months."

To find out exactly which businesses have gone above and beyond this year, achieving outstanding results for their clients while demonstrating unwavering commitment to providing the best possible service, visit the AI website (www.acquisition-intl.com) where you can access the winner's supplement.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved of the contents of this press release.

This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided, and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. For a description of the risks and uncertainties facing Midpoint and its business and affairs, readers should refer to Midpoint's Management's Discussion and Analysis. Midpoint undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change, unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.