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Spindle to Introduce RhinoPay(R) Payments Platform at NAMA OneShow April 25-27 in Las Vegas

Solution Enables Consumers to Make Cashless Purchases at Vending Machines (April 25, 2012)

SCOTTSDALE, AZ -- (Marketwire) -- 04/25/12 -- Spindle, Inc. (OTCBB: SPDL), a national provider of innovative mobile commerce and alternate payment solutions for businesses and consumers, will introduce its RhinoPay payments solution at the National Automatic Merchandising Association (NAMA) OneShow, scheduled for April 25-27 at the Venetian/Sands Convention Center in Las Vegas. Spindle will be located at booth 1444 throughout the event.

"We are very pleased to introduce RhinoPay to the unattended payments market at the NAMA OneShow," said Bill Clark, president of Spindle. "Vending operators are continuously looking for a cost-effective, seamless and reliable solution to accept cashless payments. Our partnership with Apriva, MEI and one of the nation's leading processing banks, will result in a superior one-stop, full service solution that will enable operators to substantially increase revenue and lower operating costs by accepting cashless transactions."

A highly secure and reliable transaction platform, RhinoPay facilitates payments among consumers, and between businesses and consumers through both e-commerce and mobile commerce portals. RhinoPay integrates with a wide range of traditional payment mechanisms, including check, ACH, debit and credit cards, giving both consumers and merchants maximum flexibility in conducting transactions. At the NAMA OneShow, Spindle will demonstrate how RhinoPay integrates with their processing bank to offer a flat rate pricing plan, instant activation, and 36-hour funding. Spindle offers the Apriva Vend™ cashless vending solution and attractive leasing options for MEI hardware, all packaged to give vending operators a world class and seamless solution to accept card-based payments at vending machines.

According to Stacey Finley Tappin, vice president of sales and marketing for Apriva, the partnership with Spindle will allow vending operators to integrate cashless payments solutions into their businesses in an efficient and transparent manner.


"The team at Spindle understands the challenges that vending operators have had in terms of integrating cashless technology into their businesses, and have devised a methodology that is attractive, efficient, and completely transparent," she noted. "We are confident that this relationship will result in many more vending operators utilizing Apriva Vend as their solution of choice in processing cashless payments."

About Spindle, Inc.

Spindle, Inc. is an innovator of mobile payment solutions for the banking industry, retail sector and consumer-facing companies. A pioneer in "Frictionless Finance," the company is actively developing new and improved ways for companies and end consumers to fluidly transact and exchange funds, regardless of platform. The Company is dedicated to delivery of secure payment services crossing traditional boundaries by offering cutting-edge solutions that enable buyers, sellers and individuals to transact face-to-face or virtually using mobile or Internet devices, this includes RhinoPay®, a frictionless way to pay. The Company also owns and has developed an extensive intellectual property portfolio, including patents pending, covering networks, mobile payments and security. For more information, visit www.SpindleHQ.com

Spindle Contact:

Glenn Goldberg
Parallel Communications Group
516-705-6116
Email Contact


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