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Glance Enters Automotive Vertical(February 16, 2018)
VANCOUVER, British Columbia, Feb. 16, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET:CN) (CSE:GET.WT) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce that it has signed with the auto dealership and services firm Blue Star Motors to offer its’ mobile payment solution, Glance Pay.
“Providing a leading tech solution for our customers gives Blue Star Motors the ability to process payments wherever our customer is, with the added benefit of a loyalty and rewards program. Offering Glance Pay as a payment option helps Blue Star Motors maintain our flexible and competitive advantage,” says Blue Star Motors Owner, Rob Libera, “I strongly support the technology and the benefits Glance Pay provides.”
“As we continue to target our growth strategy on the North American marketplace, we are excited to have Blue Star Motors be our first partner in the sizable automotive industry,” says Glance CEO Desmond Griffin CEO. “We believe there are a number of opportunities to streamline the payment experience in the car dealership space. For example, paying for car service, maintenance, and detailing has traditionally been a slow process and has generally lacked loyalty components. We also believe there are opportunities to remotely pay for services in this space, potentially enabling your car to be returned to you when ready. We continue to believe that many industries want a way to offer a better payment experience while building loyalty.”
The global automotive repair and maintenance services market was estimated to reach a market valuation of US$ 441.3 billion by the end of 2016 according to Future Market Insights (https://www.futuremarketinsights.com/press-release/automotive-repair-and-maintenance-services-market).
About Glance Technologies Inc.
Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing. Glance also owns an end to end blockchain solution for a rewards based cryptocurrency which is currently being integrated into the Glance Pay app.
For more information about Glance, please go to www.glance.tech.
For more information, contact:
Vice President, Investor Relations(604) 723-7480
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.
This press release contains forward-looking information or forward-looking statements (collectively "forward- looking information") within the meaning of applicable securities laws. Forward- looking information is typically identified by words such as: “may”, "believe", “thinks”, "expect", “exploring”, “expand”, “could”, "anticipate", "intend", "estimate", “plan”, “pursue”, "potentially", “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These statements, which involve risks and uncertainties, relate to the discussion of Glance’s business strategies and its expectations concerning future operations, margins, sales, new products, new licensing arrangements, potential acquisitions, use of proceeds, expenses, profitability, liquidity and capital resources and to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable. For additional information with respect to these and other factors and assumptions underlying the forward looking statements in this press release, see the section entitled “Risk Factors” in the most recent Annual Information Form and Prospectus of Glance, which may be accessed through Glance's profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.