VANCOUVER, July 16, 2018 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC / Frankfurt: 26N). NetCents continues to grow its team with the addition of Anthony Ribas as a Strategic Business Advisor.

Anthony brings 20-years of experience in the payments space to the growing NetCents team. Over his career, Anthony has focused on working with both seasoned companies and start-ups with their product development, distribution, and revenue strategies. Anthony has worked for and consulted with POS terminal manufacturers, payment gateways, mobile POS software, and independent sales organizations.

"Digital Currency adoption and usage continues to expand globally and I'm excited to start working with an innovator in the space," stated Anthony Ribas. "The NetCents team, technology, products, and services simplify digital currency purchases between consumers and merchants the way credit and debit cards have worldwide"

Together with the NetCents executive team, Anthony will advise and form strategic revenue driving alliances to expand NetCents merchant adoption in North America and the Caribbean markets. His core focus is developing licensing and reseller programs with payment technology providers and strategic industry alliances. Anthony will contribute his payment industry experience, business network to expand NetCents' partner base that grow and compliment NetCents' merchant transaction initiatives.

"Given the growing interest and demand in our product, we're continuing to build our team," stated Clayton Moore, CEO of NetCents Technology. "Anthony's deep industry experience, coupled with his network and connections, make him a perfect fit to our team to help grow our brand and merchant network."

About NetCents­­­

NetCents is a next-generation online payment processing platform, offering consumers and merchants online services for managing electronic payments. The Company is focused on capturing the migration from cash to digital currency by utilizing innovative Blockchain Technology to provide payment solutions that are simple to use, secure and worry-free. NetCents works with its financial partners, mobile operators, exchanges, etc., to streamline the user experience of transacting online.

NetCents Technology is integrated into the Automated Clearing House ("ACH") and is registered as a Money Services Business (MSB) with FINTRAC, which ensures our consumer's security and privacy. NetCents is available for deposits from 194 Countries around the World, providing you with the freedom to choose to Pay. Your Way. ™

On Behalf of the Board of Directors
NetCents Technology Inc.

"Clayton Moore"
Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.
Suite 880, 505 Burrard St (Bentall 1),
Vancouver, BC, V7X 1M4

Cautionary Note Regarding 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.

SOURCE NetCents Technology Inc.

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