TORONTO – April 08, 2021 – XTM, Inc. (“XTM” or the “Company”) (CSE:PAID / FSE:7XT), a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world, is pleased to announce that Glowbal Restaurants Group (GRG) has joined XTM’s growing group of hospitality and personal care services clients. GRG chose XTM’s Today card and mobile app for its instant payout solution for its portfolio restaurants comprised of Glowbal, COAST Restaurant, Italian Kitchen, Trattoria, Black+Blue, The Roof, and Nosh and Five Sails.
“Glowbal Restaurant Group is comprised of iconic brands that attract vibrant clientele,” said Patrick Austin, Director of Restaurant Operations, Glowbal Group. “When we bring on a critical partner we measure and consider the decision closely to ensure our brands align. The selection of XTM ticked off our boxes from compliance to stability, culture and everything in-between.”
“The Glowbal Group Restaurants are the pinnacle of fine dining,” said Marilyn Schaffer, CEO, XTM. “Black + Blue is a personal favorite, and I could not be more thrilled to welcome all GRG’s restaurants onto XTM’s Today program for this important solution. It is our goal to exceed user-expectations by offering continued value beyond early earnings access.”
These are “forward-looking statements” within the meaning of applicable securities laws (the “forward-looking statements”), within the meaning of applicable Canadian securities legislation, including expected performance of XTM, the expectation that businesses with which XTM does business or have committed to do business will in the expected timeline rollout the solution, that employees will use the solution, that the continuing trend toward electronic payment methods will attract new business owners to use the Today program, and the general conditions and revenues of XTM. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe” and similar expressions or their negative connotations, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. While XTM can make best efforts to estimate when businesses will re-open or back to pre-Covid 19 business levels there are no guarantees this will happen in the time the Company expects or if at all. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made. These forward-looking statements are made as of the date of this news release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur.
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