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MOBI724 Global Solutions (TSX-V: MOS) Announces the Hiring of Two Full-Time Senior Sales Executives in Mexico and Reconfirms its Intention to Open an Office in Mexico City

MONTREAL, March 05, 2020 (GLOBE NEWSWIRE) -- Mobi724 Global Solutions Inc. (“Mobi724” or the “Company”) (MOS.V), a fintech company that offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions announces that it has hired and completed the on-boarding of two full-time sales executives to oversee the expansion of the Company’s business in Mexico and Central America. As disclosed earlier, at the Q3-2019 financial results webinar, Mobi724 reconfirms its intention to open an office in Mexico City by the end of Q2-2020.

Mobi724 is pleased to announce that Ramon Martinez has assumed the title of Regional Manager – Mexico & Central America (Banks) and has been tasked with overseeing the development of the Company’s clients in the banking sector in Mexico and Central America. Ramon is a senior executive, fully bilingual in English and Spanish, with almost three (3) decades of international experience in the software, high-tech, IT and telecommunications industry both in Canada and in Latin America. Most recently, Ramon worked as General Manager Mexico for Ingenico Payment Solutions and General Manager Latin America (Software Analytics) for General Electric.

Mobi724 is equally pleased to name Rodrigo Zuñiga Zorrilla as Regional Manager – Mexico & Central America (Merchants) to spearhead the development of Mobi724’s network of merchants and to establish partnerships with Content (Offer) Providers in the region. Rodrigo, who is also fully bilingual in English and Spanish, has over 12 years of experience in sales management, business development and marketing strategy. Rodrigo joins the Company after having worked during the last three (3) years as Senior Sales Manager (LATAM) for InAuth Inc. (a wholly owned subsidiary of the American Express Company).

Ramon and Rodrigo will work with the rest of Mobi724’ team to accelerate expansion & commercialization of the existing business relationships in Mexico and Central America. They will work to enhance and monetize Mobi724’s already existing accounts and portfolio of leads, with a focus on medium and large clients, as consistent with the Company’s vision in the region.

“I am delighted to welcome both Ramon and Rodrigo as part of the Mobi724 team. I am very happy to see that Mobi724’s unique offering attracts some of the best talent available in Mexico and the region, thereby supporting our objective to accelerate monetization of the sales pipeline and the Company’s Smart Transactions BI & AI powered processing platform” stated Marcel Vienneau, CEO of Mobi724.

About Mobi724 Global Solutions Inc.

“Processing Smart Transactions Anywhere”

Mobi724 Global Solutions Inc. (MOS.V) is a Fintech company headquartered in Montreal, Canada. The company offers a suite of integrated technology-agnostic, BI & AI powered card-linked offers & reward solutions that work with any digital payment method, at any point of sale, both online and in physical locations. Mobi724’s global processing platform enables card issuing banks, payment networks, merchants and loyalty program operators to generate incremental revenues by driving new commercial opportunities, while delivering seamless engaging and rewarding experiences to cardholders.

Legal Disclaimer

Certain statements in this document, including those which express management expectations or estimations with regard to the Company’s future performance, constitute “forward-looking statements” as understood by applicable securities laws. Forward-looking statements are, of necessity, based on a certain number of estimates and hypotheses; while management considers these to be accurate at the time they are expressed, they are inherently subject to significant uncertainties and risks on the commercial, economic and competitive levels. We advise readers that these forward-looking statements are subject to risks, uncertainties, and other known and unknown factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in these forward-looking statements. Investors are advised to not rely unduly on the forward-looking statements. This advisory applies to all forward-looking statements, whether expressed orally or in writing, attributed to the Company or to any individual expressing them in the name of the Company. Unless required by law, the Company is under no obligation to publicly update these forward-looking statements, whether to reflect new information, future events, or other circumstances.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release does not constitute a solicitation to buy or sell any securities in the United States.

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Investor Relations:

Eli Rozhansky
Investor Relations
MOBI724 Global Solutions Inc.
T: 514-394-5200