Glance Technologies Receives Meeting Requisition

VANCOUVER, British Columbia, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET:CN) / (OTCQB:GLNNF) / (FKT:GJT) today announced that it has received a shareholder meeting requisition from Penny Green, a director and former officer of Glance.

Glance received the requisition subsequent to terminating Ms. Green as an officer of Glance. The requisition demands the convening of a meeting of shareholders at which shareholders will be asked to vote to remove Glance's three independent directors out of Glance's five incumbent directors and to replace the removed directors with three of Ms. Green's nominees.

Glance's Board will carefully review the requisition and will provide a more detailed response in due course. Shareholders do not need to take action in regards to the requisition at this time.

Meanwhile, Glance remains focused on its strategy of enhancing shareholder value through the development of its Glance Pay mobile payment system.

About Glance Technologies Inc.

Glance Technologies owns and operates Glance Pay, a streamlined payment system that revolutionizes how smartphone users choose where to shop, order goods and services, make payments, access digital receipts, redeem digital deals, earn great rewards & interact with merchants. Glance offers targeted in-app marketing, geo targeted digital coupons, customer feedback, in-merchant messaging and custom rewards programs. The Glance Pay mobile payment system consists of proprietary technology, which includes user apps available for free downloads in IOS (Apple) and Android formats, merchant manager apps, a large scale technology hosting environment with sophisticated anti-fraud technology and lightning fast payment processing.  Glance has also recently purchased a blockchain solution for a rewards-based cryptocurrency.

For more information about Glance, please go to www.glance.tech.

For more information, contact:

Investor Relations
1-866-258-1249
[email protected]

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.