MoneyOnMobile to Present at RedChips Global Online Growth Conference

DALLAS, TX and MUMBAI, INDIA--(Marketwired - Oct 18, 2016) - MoneyOnMobile, Inc. (OTCQX: CLPI) is scheduled to present at RedChip's Global Online Growth Conference on Wednesday, October 19th, 2016, at 11:30 a.m. Eastern time. The presentation will be made by Harold Montgomery, MoneyOnMobile's CEO and can be viewed at www.RedChip.com. A live Q&A session will follow the investor presentation.

RedChip's Global Online Growth Conference brings together investors and executives of leading microcap companies, representing a broad spectrum of industries and sectors, including oil & gas, technology, mining, healthcare, consumer goods, energy, and more. More than 10,000 investors attend RedChip's microcap conference series each year.

No registration is required to participate in the conference. Start times are subject to change.

About MoneyOnMobile

MoneyOnMobile, Inc. is a mobile payments technology and processing company offering services throughout India. The MoneyOnMobile service enables Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality. Read about MoneyOnMobile in The New York Times at New York Times - MoneyOnMobile.

Safe Harbor Statement

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 19, 2016. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.