NetCents Develops Proprietary Digital Wallet For Multiple Currencies


VANCOUVER, B.C., April 11, 2016 (GLOBE NEWSWIRE) -- NetCents Technology Inc. (“NetCents” or the “Company”) (CSE:NC) is pleased to announce that it has developed a proprietary digital wallet that accepts multiple forms of currency, both fiat and digital. The new NetCents wallet provides secure, state-of-the-art technology that enables our users and partners to perform transactions in multiple currencies instantly and automatically.

"NetCents is building a gateway into the global markets and part of that gateway is the evolution of digital currency. We realize that digital currency can be intimidating or confusing for the general public. To combat this, we are building a simple, safe and secure platform that the everyday user can utilize," commented Clayton Moore, CEO and Founder, NetCents. "We've taken out the intimidation factor in buying, selling, and purchasing with digital currency to make it part of everyone's day to day transactions."

The new multi-currency wallet is an all-in-one tool. It allows the company to evolve and offer new digital currencies as they become available, enables direct transactions, and allows instant exchange between different digital and fiat currencies in one personal account. Combining usability with a high-level of privacy and security, NetCents offers free multi-digital currency accounts, which are accessible 24/7 worldwide on laptop, desktop, and mobile devices.

“We continue to position ourselves at the forefront of digital currency adoption. Our new wallet not only allows us to do that, but it streamlines and simplifies the process for the end user,” said Robert Meister, NetCents Director of Capital Markets. “We know that digital currency is still in its infancy with new currencies regularly coming to market. Our wallet allows our users to transact in all major digital currency formats.”

About NetCents
NetCents is an online payments platform, offering consumers and merchants online services for managing electronic payments. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online. Our technology is integrated into the Automated Clearing House (“ACH”), which ensures our consumer’s security and privacy. The combination of our services agreement, partnerships, and leveraging of innovative blockchain-based software allows the Company to accept and transfer deposits from users in 24 countries, enhancing the users online experience, granting them the freedom and convenience to Pay. Your Way.™

Further information about the Company it is available under its profile on the SEDAR website, www.sedar.com, on the CSE website www.thecse.com, on our website www.netcents.biz or contact Robert Meister, Capital Markets at Ph: 604.676.5248 or email: Robert.meister@net-cents.com.

On Behalf of the Board of Directors
NetCents Technology Inc.

Clayton Moore, Founder/CEO

NetCents Technology Inc.
Suite 1500, 885 West Georgia Street
Vancouver, British Columbia V6C 3E8

The Canadian Securities Exchange has neither approved nor disapproved of the contents of this press release. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information

This release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.