Glance Is The #1 Downloaded Restaurant Payment App

VANCOUVER, British Columbia, Dec. 13, 2016 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET.CN) (FKT:GJT) is pleased to announce that following a rapid increase in users since its launch, Glance Pay is now the #1 downloaded restaurant payment app in North America.

“Glance Pay has surpassed its competitors and is now the #1 downloaded full service restaurant payment app in North America, based on data from leading App analytics firm Apptopia over the past 30 days. When compared to the competition in Canada, Glance Pay accounted for more than 92% of payment app downloads for full service restaurants, and when compared to the competition in Canada and the United States, Glance Pay accounted for more than 37% of payment app downloads for full service restaurants,” says Desmond Griffin, Glance’s Chief Executive Officer, “We are extremely pleased to have achieved this only a few months after our product launch. Given our current and predicted rate of restaurant expansion, we intend to significantly increase our lead over the competition in the months ahead.”

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 is live and accepted in 50 restaurants in Greater Vancouver, B.C. Glance Pay intends to become the industry standard as one of the four pillars in restaurant payments, beside credit cards, debit cards and cash. Glance is building a valuable network of restaurants and consumers, to which it plans to expand its service offering over time. For more information about Glance, please go to www.glance.tech .

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.

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