Mobi724 Global Solutions Inc.
CNSX : MOS

Mobi724 Global Solutions Inc.

September 04, 2015 12:08 ET

Mobi724 Global Solutions (CSE:MOS) Announces Cease Trade Order

MONTREAL, QUEBEC--(Marketwired - Sept. 4, 2015) - Mobi724 Global Solutions Inc. ("Mobi724" or the "Corporation") (CSE:MOS), a technology leader in the digital incentives, couponing and payment space, announced today that the cease trade orders issued against the Corporation by l'Autorité des Marchés Financiers (AMF) on May 19, 2015, by the Ontario Securities Commission (OSC) on May 22, 2015 and the British Columbia Securities Commission on May 8th 2015 have been successfully revoked. The cease trade orders were issued as a result of the Corporation's failure to file its annual financial statements, MD&A and related CEO and CFO certificates for its fiscal year ended December 31, by the filing deadline of April 30, 2015 as prescribed by National Instrument 51-102 - Continuous Disclosure Obligations. Mobi724 also filed its interim financial statements, MD&A, and related CEO and CFO certificates for the interims financial periods ended March 31, 2015 (Q1) and June 30, 2015 (Q2).

About Mobi724 Global Solutions

Mobi724 Global Solutions (CSE: MOS), a corporation based in Montreal, Canada, is a technology leader in digital incentives (such as mobile couponing & loyalty rewards) and payment solutions (including mobile payment).

Mobi724 Global Solutions unleashes the true potential of both payment and couponing/rewards transactions for both online and offline points of sale.

The Corporation is fully dedicated to deliver unique "real time" and seamless digital promotional incentives (coupons, bank cards, loyalty rewards) embedded into the most secured payment environment. The Corporation provides to its customers full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.

Our smart payment solutions, focusing on authentication, approved security and quick merchant adoption allows our users to process payments with a wide range of devices over a secure and seamless transaction.

Our PCI and EMV cloud-based switch, with our device agnostic connectivity, simplifies deployment, integration and introduces new payment and digital incentives solutions to the market.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.

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