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Glance Technologies Announces Appointment of Sascha Williams as COO

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VANCOUVER, British Columbia, Aug. 17, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. ("Glance" or the "Company") (CSE:GET) (CSE:GET) (OTCQB:GLNNF) (FKT:GJT) today announced the appointment of Sascha Williams as Chief Operating Officer of Glance.

Before the appointment, Mr. Williams served as senior advisor to the CEO.

Mr. Williams is an executive leader with more than 20 years' experience in global corporate management, strategic project development, and developing strategies high-growth strategies for technology startups. Mr. Williams also specializes in business scaling, operational efficiency, and the software-as-a-service space.

"Sascha's insights will be very valuable to us, given his deep experience in senior roles with companies such as Disney, Microsoft and Electronic Arts," says Glance CEO Desmond Griffin.

"Mr. Williams has helped several technology companies successfully scale up and execute on their strategies.  He will be a tremendous asset to Glance as we go forward with our rapid-growth strategy."

Prior to joining Glance, Mr. Williams served until the end of 2017 as President and COO of Vancouver-based software developer Unbounce.

"I have really enjoyed working with Desmond and the talented Glance team. I am delighted to now be joining the company as COO," says Mr. Williams. "The team's track record speaks for itself and the company is very well positioned to revolutionize the mobile payment space, which is incredibly exciting."

Prior to Unbounce, Mr. Williams held senior management positions in Canada at The Walt Disney Company, Microsoft (BigPark), and Electronic Arts. Before that he was Chief Operating Officer of U.K.-based web developer BlueWave, helping it grow into one of the largest independent web agencies in Europe.

About Glance Technologies Inc.

Glance 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 has also recently purchased a blockchain solution and is working on a rewards-based cryptocurrency, the whitepaper for which can be found on the company's website.

For more information about Glance, please go to www.glance.tech.

For more information, contact:

Paola Ashton
VP Business Development
604-839-0337
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", "projected", "should", "will" and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the discussion of Glance's business strategies and its expectations concerning future operations (including advancing its technological roadmap), the expectation that Glance will accelerate growth and scale, and that Glance will go forward with a rapid-growth strategy. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things, risks related to expansion. The forward-looking information in this press release is also based on certain estimates, forecasts and projections, as well as expectations, beliefs and assumptions, including, among other things, that Glance will be able to achieve its business objectives, that Glance will be able to develop proprietary software to implement its plans, and that Glance will be successful in obtaining and retaining clients and licensees for its software.  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.

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