VANCOUVER, British Columbia, June 14, 2018 (GLOBE NEWSWIRE) -- Glance Technologies Inc. (CSE:GET.CN) (OTCQB:GLNNF) (FKT:GJT) (“Glance” or the “Company”) thanks shareholders for their support, input and participation throughout the recent proxy contest. Glance shareholders have reaffirmed their support for four highly qualified incumbent directors and have elected a new board member, Steve Cadigan. Glance looks forward to further engagement with its shareholders as it seeks to achieve its long term goals.

“As we look to the future, our foundation is solid, we have great people in place, and we are well positioned to execute on our strategy,” said Desmond Griffin, CEO of Glance. “We are focused on the intersection of mobile payments, mobile marketing and loyalty rewards, and blockchain. We see enormous potential in these sectors and look forward to the value that we can create for our shareholders as we continue to innovate in this space.”

About Steve Cadigan
Mr. Cadigan is the founder of Cadigan Talent Ventures LLC, a human resources advisory firm based in California’s Silicon Valley. With more than 25 years of leadership and executive experience in global human resources, Mr. Cadigan has practiced human resources in the US, Canada and Asia-Pacific with a variety of technology companies.

Through leading worldwide human resources efforts for more than 60 M&A transactions at three global organizations since 1998, Mr. Cadigan has cultivated a deep understanding of business cycles, patterns, high growth, and the key elements required to forge an organization’s sustainability. Prior to launching his own firm, Mr. Cadigan served as Vice President Talent at LinkedIn Corporation (“LinkedIn”) of Sunnyvale, California (2009 through 2012). During this period LinkedIn grew from a private firm of 400 employees, through an initial public offering and into the powerhouse that it is recognized as today.

The ground breaking work Mr. Cadigan did at LinkedIn as the executive responsible for culture, leadership, talent and organizational development is widely seen as the textbook example of how a company can leverage its culture to scale profitably in record time. Before LinkedIn, Mr. Cadigan served as VP of Human Resources for Electronic Arts of Redwood City, California (2008-2009) and PMC Sierra of Vancouver (2004-2008). In early 2017, Mr. Cadigan co-founded ISDI Digital University to help address the growing digital divide. ISDI offers a Master’s Degree in Internet Business (MIB) and is the first of its kind in the United States.

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 and 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 and is working on a rewards-based cryptocurrency.

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

This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “create”, “may”, “believe”, “thinks”, “expect”, “exploring”, “expand”, “could”, “anticipate”, “intend”, “estimate”, “plan”, “pursue”, “potentially”, “projected”, “should”, “will” and similar expressions, or are those, which, by their nature, refer to future events. These forward-looking statements, which involve risks and uncertainties, relate to, among other things, the development of a rewards-based cryptocurrency. Although Glance considers these forward-looking statements to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors include, among other things, risks related to Glance’s ability to develop a rewards-based cryptocurrency. Forward-looking information and forward-looking statements are in addition based on various estimates, forecasts and projects as well as expectations, beliefs and assumptions, including, without limitation, that Glance will be able to develop a rewards-based cryptocurrency.  For additional information with respect to these and other factors and assumptions underlying the forward looking statements in this press release, see the section entitled “Risk Factors” in the most recent Prospectus and Annual Information Form of Glance, which may be accessed through Glance’s profile on SEDAR at www.sedar.com. Glance cautions investors that any forward-looking information provided by Glance is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking statements. Undue reliance should not be placed on such forward-looking information, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.