MONTREAL, May 29, 2018 (GLOBE NEWSWIRE) -- MOBI724 Global Solutions Inc. (“MOBI724” or the “Company”) (TSX-V:MOS) (OTCQB:MOBIF), a global Fintech company offering a fully integrated suite of multiple EMV payment Card-Linked, Digital Marketing and Business Intelligence Solutions, today announced that Sylvain Tassé has joined the Company as its Chief Operating Officer.

Sylvain has more than twenty-five years of experience as a senior officer in various technology firms.  Most recently, Mr. Tassé was CEO and shareholder of Ozone Wireless Inc., Barbados. His career is distinguished by a successful track record of increasing sales, launching new products and improving operational efficiencies.  He is also comfortable in mastering the challenges of young technology companies, as demonstrated by his founding of Bi2U Inc., a distributor of sophisticated visual analytics solutions.  Mr. Tassé’s focus at MOBI724 will be to increase sales, to optimize and expedite product implementation once contracts are signed, and to oversee the launch of new products as well as the implementation of new ventures.

Marcel Vienneau, CEO of MOBI724, said, "I am delighted to welcome Sylvain to MOBI724’s executive team.  Sylvain’s unique combination of technical expertise, operational understanding and entrepreneurial experience is an ideal fit for MOBI724.  Sylvain will ensure the Company drives revenues quickly from sales while ensuring superior delivery of our multiple products. As COO, Sylvain will assume many of my previous responsibilities, and I will now be able to focus the majority of my time on sales activities of various kinds in multiple countries, business development, and the execution of our long-term growth plan.”

This appointment is subject to TSX Venture Exchange approval.

About Mobi724 Global Solutions Inc.
“We enable smart transactions anywhere”

MOBI724, a global Fintech company, offers a fully integrated suite of multiple Payment Card-linked, Digital Marketing and Business Intelligence Solutions, which work with any payment card, on any mobile device and at any Point of Sale; and a mobile EMV compliant payment platform. MOBI724 provides turn-key solutions for card associations, card issuers, banks, retailers, manufacturers, offer providers, to create, manage, deliver and track and measure incentive campaigns worldwide in real time. The company captures value from big data to deliver seamless and personalized user experiences for the benefits of all parties in the ecosystem. MOBI724 headquarters are in Montreal, Canada, and the company presently has operations in North and Latin America, the Caribbean and Asia Pacific.

Legal Disclaimer

Certain statements in this document, including those which express management’s expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release does not constitute a solicitation to buy or sell any securities in the United States.

For further information, please visit www.MOBI724.com or contact:

Investor Relations:
Mr. Andreas Curkovic
Proconsul Capital Ltd.
T: 416-577-9927; E: andreascurkovic@sympatico.ca

Mr. Derek Lindsay
MOBI724 Global Solutions Inc.
Chief Financial Officer
T: 514-394-5200; E: derek.lindsay@mobi724.com