18:48:10 EDT Wed 15 May 2024
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Glance Technologies Inc
Symbol GET
Shares Issued 74,600,849
Close 2017-07-19 C$ 0.17
Market Cap C$ 12,682,144
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Glance client Fresh Restaurants to expand app offering

2017-07-20 11:05 ET - News Release

Mr. Desmond Griffin reports

GLANCE PAY EXPANDS LOCATIONS AND INCREASES RATE OF CONSUMER ACQUISITION BY 800% IN TORONTO

Glance Technologies Inc.'s Glance Pay, its mobile payment solution for merchants, has continued its Toronto expansion with a highly respected Toronto-based chain.

The popular vegan and vegetarian chain, Fresh Restaurants, has now agreed to launch at its additional four locations as a result of Glance Pay's success at Fresh on Crawford.

"Having chains like Fresh offer Glance Pay at all of their locations is a true testament to our ability to enhance both the guests' and restaurants' overall experience. As we add more locations in an area, our offering becomes more compelling for both users and merchants," said Desmond Griffin, chief executive officer of Glance Technologies. "The excitement and adoption of Glance Pay has been fantastic, with an 800-per-cent increase in the rate of consumer adoption in Toronto last month compared to just two months prior. As we add more users in an area, we become positioned to take increasing advantage of viral network effects. We are aggressively launching marketing campaigns to attract more consumers. This week, we launched an initiative with the on-line media source Daily Hive (which has over seven million page views per month) to feature contests with entry requirements to download Glance Pay, which we believe has great viral potential. Simultaneously, we are forging strategic alliances with local companies to offer our consumers elaborate prizes, such as our current fireworks package: a helicopter ride and dinner for two with a VIP view of the firework at a Glance Pay restaurant."

About Glance Technologies Inc.

Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smart phone users choose where to dine, order food and drink, settle bills, access digital receipts, earn great rewards, and interact with merchants. The company is building a valuable network of merchants and consumers, and offers targeted in-app marketing, social media marketing, customer feedback, in-merchant messaging and custom rewards programs.

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