MPAY

Mobetize Corp.

 
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Mobetize Corp. Selected by the Telecom Council of the Silicon Valley to Present Its Mobile Money Platform to Global Telecom Operators and Investors at the 2015 Innovation Showcase

May 28, 2015

OTC Disclosure & News Service

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BLAINE, Wash., May 28, 2015 (GLOBE NEWSWIRE) -- Mobetize Corp. (OTCQB:MPAY) announces that Mobetize has been selected from over 100 technology companies to speak and present at the 2015 Innovation Showcase Event on Friday May 29th held by the Telecom Council of Silicon Valley. This event held in Sunnyvale, CA also gives Mobetize eligibility for the Telecom Council's 2015 SPIFFY Awards. Mr. Hans will be showcasing the MPAY mobile financial services aggregation platform to decision level executives and have now confirmed 10+ individual meetings and demos to some of largest Telecom companies in the world that combined have over 1 Billion customers.

Ajay Hans, CEO, Mobetize stated, "This is our second event in the Silicon Valley this month and as a result we have developed key business partnerships with multiple large global and national telecom operators. Being a part of the Innovation Showcase allows us to further forge synergies, business relationships and takes us closer towards our goal to be the leader in providing telecom companies with the technology, compliance and financial services capabilities for delivering mobile money services to billions of users around the globe."

Telecom Council of Silicon Valley - Where Telecom Meets Innovation.

The Council connects the companies who are building communication networks, with the people and ideas that are creating it – by putting those companies, research, ideas, capital, and human expertise from across the globe together in the same room. Last year, The Telecom Council connected over 2,000 executives from 750 telecom companies and 60 fixed and wireless carriers across 40 meeting topics. www.telecomcouncil.com

About Mobetize Corp.

Mobetize Corp. (OTCQB:MPAY) is a mobile financial services (MFS) aggregation platform enabling telecom companies and financial services providers to immediately launch financial services that complement their existing products and customer demographics. Mobetize is the next wave of growth for the telecom and virtual financial services industry to differentiate and increase revenues, loyalty and reduce churn.

Mobetize "white labels" & integrates mobile financial service offerings for its clients. Mobetize provides telecom operators and financial service providers with a secure mobile money platform. Mobetize is accredited and connected into the Visa and MC networks to launch custom programs with retail and online/mobile payments, global ATM access for cash out and P2P money transfers. Our bill payment network in the US includes 14,000 billers and is connected to all major utilities, telecoms, cable companies and more. Our prepaid air-time offering is connected to 350 global carriers and our global remittance network is in 150 countries with 170,000 payout locations.

For more information, please visit the Company website at http://www.mobetize.com.

CONTACT: Stephen Fowler
         Mobetize Corp.
         (206) 347-4515
         sfowler@mobetize.com
         
         Dave Mossberg
         Three Part Advisors
         (817) 310-0051
         dmossberg@threepa.com

Copyright © 2015 GlobeNewswire. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.