NetCents Technology Appoints Chief Financial Officer

VANCOUVER, Jan. 9, 2018 /CNW/ - NetCents Technology Inc. ("NetCents" or the "Company") (CSE: NC), is pleased to announce the appointment of Michael Laitinen as Chief Financial Officer for NetCents Technology Inc.

Mr. Laitinen brings over 25 years of business experience in the areas of finance, accounting, risk management, operations, process design, and restructuring with 12 years at the CFO level. Michael has worked with both publicly held and private corporations from startups to large organizations in various industries including: Specialty Retail, Logistics, Technology and Software (gaming).

Throughout his career, Michael has been responsible for managing the strategic process, equity and debt financing, business process re-engineering, and ERP system implementation. Michael is a CA, CPA with a Bachelor's Degree in Commerce and Economics from the University of Toronto.

"NetCents had been looking to fill the CFO role for a while. Once we met Michael, we knew he would be the perfect candidate to fill this position," said Clayton Moore, CEO of NetCents Technology. "Michael brings a wealth of strategic and financial experience to the company that will assist us in achieving our future growth plans."

"Blockchain and cryptocurrency are truly disruptive technologies and the vision of where NetCents is heading is very exciting," stated Michael Laitinen, Chief Financial Officer of NetCents. "The team at NetCents are an extremely talented group and I am thrilled to have the opportunity to join them."

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.

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE NetCents Technology Inc.

please visit the corporate website at www.net-cents.com or contact Gordon Jessop, President / COO at: [email protected].