MONTREAL, Nov. 30, 2017 (GLOBE NEWSWIRE) -- MOBI724 Global Solutions Inc. ("MOBI724" or the "Company") (CSE:MOS) (OTCQB:MOBIF), a Fintech leader offering all in one fully integrated EMV payment, Card-Linked Offers, Digital Marketing and Business Intelligence Solutions, is pleased to announce that iQ724 Inc. ("iQ7/24"), a wholly owned subsidiary of MOBI724, has signed an agreement with Kia Canada Inc. (“KIA”) (OTC:KIMTF), a leading automotive brand in Canada, to modernize KIA’s loyalty platform and convert its network of 200 dealerships to a virtual terminal for the issuance and redemption of loyalty points. iQ7/24 has operated KIA’s loyalty program during the last 8 years managing over 300,000 members through a First-in-Class points system and offer/reward redemption process. This redesign of the program will eliminate the need for a physical loyalty card and include a Business Intelligence engine directly integrated with real-time dashboards.

“It is a privilege for our team to continue to have the opportunity to work with a leading brand such as KIA. The fact that KIA has asked us to redesign their loyalty program so as to implement our modern fully integrated suite of Loyalty & Business Intelligence Solutions is a testament to KIA’s desire to remain in the forefront of loyalty offerings and solutions,” declared Marcel Vienneau, President of iQ7/24 and CEO of MOBI724.  

About Kia Canada

Kia Canada Inc. (www.kia.ca – www.facebook.com/kiacanada), a maker of quality vehicles for the young-at-heart, is a subsidiary of Kia Motors Corporation (KMC) which was founded in 1999 and sells and services high quality, class leading vehicles like the Soul, Forte, Optima and Sorento through a network of 190 dealers nationwide. Kia Canada Inc. employs 154 people in its Mississauga, Ontario headquarters and four regional offices across Canada, including a state-of-the-art facility in Montreal. Kia’s brand slogan "The Power to Surprise" represents the company's global commitment to surprise the world by providing exciting & inspiring experiences that go beyond expectations.

For more information about Kia Canada and our products, please visit our Media Centre at KiaMedia.ca or contact:

Mark James                                               
Corporate Communications Manager                 
Kia Canada Inc.                                  
T: 905-755-6251; C: 416-660-3568; E: [email protected]
                                                           
Maxime Surette                                                         
Product  Communications Manager                         
Kia Canada Inc.                                                            
T: 905-755-6272; C: 416-316-3313; E : [email protected]

John Adzija                                                
National Manager, Corporate Communications & Corporate Partnerships                       
Kia Canada Inc.      
T: 905-755-6266; C: 905-301-6207; E: [email protected]

About MOBI724
We enable smart transactions anywhere

MOBI724, a leader in the FinTech industry based in Montreal (Canada), offers a unique and fully integrated suite of payment, digital marketing and business intelligence solutions with a combined EMV Payment, Card Linked Offers, Digital Marketing & Business Intelligence platform that works on any card and any mobile device. MOBI724's solutions add value to all types of transactions benefiting banks, retailers and cardholders by leveraging available user and purchasing data to increase transaction volumes and spend. MOBI724 provides a turnkey solution to its clients to capture card transactions on any mobile device, at any point of sale or from any payment card. MOBI724 provides its customers with full and comprehensive traceability and enriched consumer data through its offering. Its solutions enable card associations, retailers, manufacturers, offer providers, mobile operators and card issuers to create, manage, deliver and "track and measure" incentive campaigns worldwide to any mobile device and allow its redemption at any point of sales.

Forward-Looking Statements

Certain statements in this document, including those which express management's 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.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.

For further information about MOBI724 Global Solutions Inc., please visit MOBI724.com or contact:
Mr. Andreas Curkovic
Proconsul Capital Ltd.
T: 416-577-9927;
E: [email protected]