VANCOUVER, British Columbia, Oct. 25, 2016 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET.CN) / (FKT:GJT) is pleased to provide this update to its shareholders on the progress of Glance’s mobile payments application for restaurants, Glance Pay. 

In the past week, Glance Pay successfully went live in five additional restaurants: Kingston Taphouse & Grill in downtown Vancouver; Bravo Cucina in North Vancouver; The Bayside Lounge and The Park in Vancouver’s West End; and Caffé Mangia in Vancouver’s Mount Pleasant neighbourhood. These restaurants join the group of award-winning and well-recognized participating restaurants that already offer Glance Pay.

Glance continues to sign up additional restaurants to Glance Pay and in the past ten days, Glance signed up five additional restaurants. Glance is very excited to continue to have Glance Pay go live in its participating restaurants. Its goal is to become the largest mobile payment app for restaurants in North America.

“We are now seeing the results of our highly effective sales team,” says Penny Green, COO, “in addition to the over 50 restaurants already signed, the tremendous restaurant interest for Glance Pay now includes key opportunities with six high profile restaurant chains and more than forty independent restaurants that have engaged us with booked meetings, presentations and/or provided a verbal commitment.”

Glance is also pleased to announce that Penny Green, Glance’s COO, was one of the winners of the Golden Ticket at the recent VanFUNDING 2016 conference to audition for the next season of CBC TV’s Dragon’s Den. Penny attended the VanFUNDING 2016 conference on October 18, 2016, where she had the opportunity to pitch Glance Pay to a leading group of capital markets innovators, investors and enablers in the Canadian fintech crowdfunding and alternative finance markets.

About Glance Technologies Inc.

Glance Technologies owns and operates Glance Pay, a streamlined payment system that allows customers to pay their restaurant bill instantly with their mobile device. Glance Pay aims to revolutionize how smartphone users choose where to dine, settle their restaurant bills, access their payment records and interact with their favourite restaurants. Glance Pay intends to become the industry standard as one of the four pillars in restaurant payments, beside credit cards, debit cards and cash. 

For more information about Glance, please go to www.glance.tech or www.glancepay.com and follow Glance Technologies and Glance Pay on Facebook, twitter, LinkedIn, and Instagram and YouTube.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur. Specially, statements about the number of restaurants that Glance plans to sign up and launch over the next year and becoming the largest mobile payment app for restaurants are forward-looking statements, and there can be no certainty that these statements will prove to be correct.

Although Glance believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.

For more information, contact:
Christina Rao
Vice President, Investor Relations
(604) 723-7480 
christina@glancepay.com