Mobi724 Global Solutions Inc.

Mobi724 Global Solutions Inc.

March 05, 2015 10:00 ET

Mobi724 Global Solutions (CSE:MOS) Signs Partnership Agreement With PuntoPY to Develop Paraguay Market

Joint Venture Partnership With PuntoPY

MONTREAL, QUEBEC--(Marketwired - March 5, 2015) - Mobi724 Global Solutions Inc. ("Mobi724" or the "company") (CSE:MOS), formerly Hybrid Paytech World Inc. (CSE:HPT), a technology leader in digital incentives and mobile payment solutions, announced today a partnership agreement with PuntoPY, a leading multimedia and advertising agency in Paraguay, to establish its presence in Paraguay and continue expanding its business in LATAM. Synergies generated by Mobi724's digital couponing and mobile transaction platform combined with PuntoPY's market know-how and leadership, along with a superb client base, will make this an ideal opportunity for both companies to become first movers and establish themselves as market leaders in the digital incentives and mobile payment markets.

"We are tremendously happy about this new partnership with PuntoPY. Paraguay is a fast growing market filled with new opportunities in the digital incentives and mobile payments space, and thus an ideal place for us to deploy our solutions and continue our expansion in LATAM" says Marcel Vienneau, CEO of Mobi724. "We have already received confirmed interest from some of the leading firms in the country."

"In Mobi724, we have found the partner we have been looking for to fully develop a fast growing digital incentives market in Paraguay" says Guillermo Cortes, General Manager of PuntoPY. "There is already great interest from our main clients in the types of solutions that Mobi724 offers, and we are committed to making this partnership a total success."

PuntoPY is a leading media and digital advertising agency that introduced online banking in Paraguay, and today counts among its clients the biggest brands in banking, retail and mobile services.

About Mobi724 Global Solutions

Mobi724 Global Solutions (CSE:MOS), formerly Hybrid PayTech World Inc. (CSE:HPT), a corporation based in Montreal, Canada, is a technology leader in digital incentives (such as mobile couponing and 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 company 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 company 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 & measure" incentive campaigns worldwide to ANY mobile device and allow its redemption at ANY point of sales.

Our credit and debit payment solutions, focusing on authentication, approved security and quick merchant adoption, allows 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 couponing solutions to the market.

Certain statements in this document, including those which express management's expectations or estimations with regard to the Company's future performance, constitute "forward-looking statements" as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.

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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