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NetCents Technology Welcomes Gaurav Mohan as Chief Revenue Officer

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Vancouver, British Columbia–(Newsfile Corp. – January 10, 2022) – NetCents Technology Inc. (CSE: NC) (FSE: 26N) (OTC: NTTCF) (“NetCents” or the “Company“), a cryptocurrency payments company, is pleased to announce the addition of Gaurav Mohan as Chief Revenue Officer.

Mr. Mohan, who has previously served as the Director of Customer and Partners Success at Ripple, will now oversee revenue operations and facilitate long-term strategic planning at NetCents. Mr. Mohan will fill the vacancy created by the promotion of Ms. Jenn Lowther to President of Net Cents.

As Chief Revenue Officer, Mr. Mohan brings his extensive fintech and cryptocurrency skillset, as well as his deep relationships across the industry. Mr. Mohan has previously worked in progressive technology and financial services roles at a variety of fintech companies, including Ripple, Clovity, and HSBC.

Mr. Mohan joins NetCents at a moment in the payments industry as businesses are experiencing a need to adopt modern payments technologies as customer behavior continues to evolve.

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NetCents Technology Inc., the transactional hub for all cryptocurrency payments, equips forward- thinking businesses with the technology to seamlessly integrate cryptocurrency processing into their payment model without taking on the risk or volatility of the crypto market. NetCents Technology is registered as a Money Services Business (MSB) with FINTRAC.

For more information, please visit the corporate website at www.net-cents.com or contact Investor Relations: [email protected].

On Behalf of the Board of Directors

NetCents Technology Inc.

“Clayton Moore”

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Clayton Moore, CEO, Founder and Director

NetCents Technology Inc.

350 – 375 Water Street

Vancouver, BC, V6B 5C6

Cautionary Note Regarding Forward-Looking Information

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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 including without limitation, expected growth and success of the Company. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/109567

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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