Mr. Desmond Griffin reports

GLANCE TECHNOLOGIES ANNOUNCES PAYMENT VOLUME EXCEEDING $55,000 IN A WEEK, AND 7 NEW RESTAURANTS LAUNCHED AND 6 NEW RESTAURANTS SIGNED IN PAST 8 DAYS

Glance Technologies Inc. has provided an update on the continued growth of Glance Pay, its mobile payments app for restaurants.

During its first 15 weeks of operations, Glance Pay has seen its transactional value increasing week over week as shown in a graph on its website.

"We are blown away by the response to our product in our first few months of operation," said Desmond Griffin, chief executive officer of Glance. "Our weekly transactional value for the last week of operations increased by 92 per cent compared to the previous week (which had been our best week), with total transactional values reaching $55,690 for the last seven days of operations." The number of users who have completed payment transactions through Glance Pay has also been increasing at a similar pace each week, with a good balance of new and repeat users engaging with the app.

Glance's management is very pleased with Glance Pay's adoption rate and success in continuing to sign up new restaurants to the app. In the past eight days, six new restaurants have signed contracts to offer Glance Pay as a payment method to their customers.

Glance is also pleased to announce that Glance Pay has successfully gone live in seven additional restaurants in the last eight days, including: Brix & Mortar, the Fountainhead Pub, Fets Whiskey Kitchen, Chicha, Fable Diner, Tap Restaurant and Bao Down. Glance Pay is now live in six cities in British Columbia: the city of Vancouver and the five suburban cities of West Vancouver, North Vancouver, Richmond, New Westminster and Surrey. A full description of restaurants currently accepting Glance Pay can be found at the company's website.

Glance currently generates revenues by charging restaurants a percentage of the transactions processed through the app. As part of its expanded revenue strategy, Glance has been identifying, negotiating and entering into reseller and referral agreements with companies offering complementary services. As part of this strategy, Glance has entered into an agreement with a leading payment-processing company. This alliance allows Glance to market a full payment solution to restaurants throughout Canada that combines Glance Pay with traditional credit card and debit payment processing methods.

About Glance Technologies

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 smart phone 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.

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