Glance CEO Desmond Griffin Invites Shareholders to View New Video on Glance’s Strong Corporate Culture

VANCOUVER, British Columbia, June 01, 2018 (GLOBE NEWSWIRE) — Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) (“Glance”, or the “Company”) Chief Executive Officer Desmond Griffin today invited shareholders to watch a new two-minute corporate video.

Available at this link, the video explains how Glance’s motivated and passionate team is contributing to Glance’s success.

“The technology sector is highly competitive and the best minds will only come to Glance and stay with us if they believe, as I do, that we can deliver the next great technology,” said Mr. Griffin. “We need the best minds to develop new products and features that help us maintain our leadership position in the mobile payments and blockchain/cryptocurrency markets.”

Introducing Lewisa Anciano: Head of People and Culture

Given Glance’s focus on corporate culture, it is no coincidence that last year Glance hired Lewisa Anciano to serve as Head of People and Culture. Ms. Anciano is a former Vice President at Coast Capital Savings, an institution identified as having one of Canada’s most admired corporate cultures. In 2015, while still at Coast Capital, she won the Professional of the Year Award from the Chartered Professionals in Human Resources.

Ms. Anciano is fervent about protecting and defending Glance’s culture and people. She is instrumental in helping Glance attract and keep the most talented employees.

Ms. Anciano also played a critical role in recruiting Steven Cadigan as a Glance director nominee this year. If elected, Mr. Cadigan’s background in building a strong corporate culture will be of immense benefit to Glance. Prior to launching his own Silicon Valley human resources advisory firm, he was VP Talent for LinkedIn Corporation from 2009 to 2012, when it grew from a private firm with 400 employees into the global powerhouse that it is recognized as today.

New additions to Glance’s talented team

With Ms. Anciano’s help, Glance has in recent months strengthened the technology team with more than a dozen new hires that bring a strong skillset in technology development and impressive experience at a variety of companies to Glance. As an indication of their quality, here are just some of the companies they worked for before joining the team at Glance:

  • Electronic Arts
  • Microsoft
  • D-Wave Systems
  • PayPal Canada – Tio Networks
  • Eventbase
  • airG
  • Just Eat
  • LibreBorne.net
  • Kforce Inc.
  • Happn
  • Rolls Royce Canada

Many of the new recruits are helping the technology team as Glance prepares to launch a new version of an app that merchants can quickly download directly to their own mobile devices. Glance expects to deliver that app in the second half of fiscal 2018. Many are also working on Glance’s blockchain technology and other initiatives.

Sascha Williams: Glance’s new Advisor to the CEO

One recent addition to Glance is Sascha Williams, who recently joined the team as Advisor to the CEO. Mr. Williams is an accomplished executive leader with more than 20 years’ experience in high-growth tech start-ups, strategic project development and global corporate management. Previously, Mr. Williams served as President and Chief Operating Officer (“COO”) of the Vancouver-based software developer Unbounce until the end of 2017.

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 the COO of UK web developer BlueWave, helping it grow into one of the largest independent web agencies in Europe.

Mr. Williams is advising Glance on strategic and operational matters relating to its ongoing expansion into new markets and the continued advancement of its product roadmap. His experience includes growth strategies, Software as a Service, operations and scale.

Vote the BLUE proxy

Glance has fostered a strong corporate culture as it builds its financial technology business.  Glance believes it has made great progress in developing value for shareholders despite the ongoing proxy contest. Glance expects that the momentum will further accelerate after the Annual General Meeting, if shareholders elect the Glance nominees for the Board of Directors.

Both of the leading independent proxy advisors have recommended that shareholders vote only the BLUE proxy. The independent recommendations, from Glass Lewis & Co., LLC and Institutional Shareholder Services Inc., were based on a careful review of the facts and arguments made by Glance and by the dissident shareholder.

Please read Glance’s proxy fight materials filed on SEDAR (www.sedar.com) and on Glance’s website at https://glance.tech/agm18/ and then vote only the BLUE proxy well in advance of the proxy voting deadline on June 8, 2018 at 2:00 p.m. (Pacific time). Shareholders who may have voted the dissident proxy have every right to change their vote by now submitting the BLUE proxy, as it is the later dated proxy that will be counted at the meeting.

Shareholders with questions about voting their shares should contact DF King at 1-855-487-9247 (toll free) or by email at inquiries@dfking.com. The meeting will be held at 1200 Waterfront Centre, 200 Burrard Street, Vancouver, British Columbia, on June 12, 2018, at 2:00 p.m. (Pacific Time).

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 has also recently purchased a blockchain solution and is working on a rewards-based cryptocurrency.

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

For more information, contact:

Investor Relations Paola Ashton
1-866-258-1249 VP Business Development
investors@glancepay.com 604-839-0337

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 ability to attract and retain new employees, the development of a new version of an app that merchants can quickly download directly to their mobile devices, and the timing for that development, the acceleration of Glance’s momentum after the Annual General Meeting, and the development of a rewards-based cryptocurrency. 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 Glance’s ability to integrate Glance’s proprietary technology with cryptocurrency and blockchain support, the ability to develop a new app for merchants on schedule, if at all, and the ability to hire and retain employees. Forward-looking information and forward-looking statements are in addition based on various estimates, forecasts and projects as well as expectations, beliefs and assumptions, including, without limitation, that Glance will be successful in developing a rewards-based cryptocurrency.  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 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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