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Glance Appoints Lloyds Bank and HSBC Lead Security Architect, Anish Mohammed to Advisory Board

VANCOUVER, British Columbia, Feb. 13, 2018 (GLOBE NEWSWIRE) --

Glance Technologies Inc. (CSE:GET:CN) (OTCQB:GLNNF) (FKT:GJT) is pleased to announce it has appointed Anish Mohammed to the position of Lead Technical Advisor to the Company. Anish Mohammed has an impressive background in blockchain, cryptoeconomics & security.

At Lloyds Bank, Anish worked as part of the Enterprise Architecture and Design team in security as Lead Security Architect and in the blockchain initiatives as part of Cyber Big Data platform of Lloyds. Anish was also on the Big Data initiatives, as a member of the virtual Big Data team, which came in second at Lloyds Analytics Challenge. He then joined HSBC in 2017 where he is presently the lead security architect.

Anish is also on the Advisory Boards of Ripple, the creator and a developer of the Ripple payment protocol and exchange network. Originally named Opencoin and renamed Ripple Labs in 2015, the company was founded in 2012 and is based in San Francisco, California.

Anish also holds a number of Security Advisory positions with high tech companies including ProtosCryptocurrency Asset Management (http://protosmanagement.com/) a firm regulated in Switzerland as a member of the self-regulatory organization VQR who actively invest in and trade blockchain assets.

His list of advisory positions also include Siglo, (http://www.siglo.ch/en) a capital advisory firm assisting institutional clients in the implementation of their investment strategy in alternative asset classes, and Adjoint Inc. (https://www.adjoint.io/), a developer of smart contracts and distributed ledger technology for the financial industry.

To add to Anish’s impressive resume in blockchain and cryptoeconomics, Anish is also the Dean of Blockchain Engineering and Technosocial Convergence at Exosphere HQ, an educational institution, the Exosphere Academy, conducting inter-disciplinary learning programs in science, emerging technology, and entrepreneurship. The specific fields, called "learning streams​,” include material science, blockchain development, synthetic biology, space exploration, drones, and programming.

Anish holds a M.B.B.S. in Medicine from the Medical College Trivandrum (1998), and holds a Masters in Information Security from the University of London (2003 - Royal Holloway). Anish has also taken various courses in entrepreneurship, big data, data science and technology.

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 Pay has entered into licensing agreements with deemed values totalling $9,000,000 to date. It 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:

Christina Rao
Vice President, Investor Relations
(604) 723-7480
investors@glancepay.com

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.

Forward-Looking Statements

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. A complete discussion of such risk factors and their potential effects which may be accessed through the Glance's profile on SEDAR at www.sedar.comGlance 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. In particular, Glance may not be successful in building its planned cryptocurrency or there may not be sufficient support for the cryptocurrency to make it a success.

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