Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF) Announces That its Subsidiary Mobi724 S.R.L. Signs a Commercial Agreement With NEC To Provide Its Mobile Coupon Solution To Telefónica's Clients

Industry solution : Innovative Mobile couponing solution for Telefonica's more than 300 000 SME merchant clients

MONTREAL, Dec. 2, 2013 /PRNewswire/ - Mobi724 S.R.L. an Argentine corporation, a wholly owned subsidiary of Mobi724 Solutions Inc. has signed a commercial agreement with NEC to implement, integrate, maintain and support MOBI724's mobile coupons solution for Telefonica's ecommerce portal (marketplace), developed and managed worldwide by NEC. Telefonica's Marketplace "Aplicateca" is designed to facilitate access to Telefonica's clients, to a variety of digital applications and services in a SaaS mode.

MOBI724's innovative global mobile couponing solution will allow Telefonica's more than 300,000 SME merchant clients to create, manage and send mobile campaigns to their customers, who will be able to redeem those benefits directly at the point of sale.

Marcel Vienneau CEO of Mobi724 stated "We are very happy to team up with such a global leader and offer the best of breed mobile couponing solution to their enterprise - merchant - customers ".This level of confidence confirms that our approach in developing innovative added value solutions in a very competitive market is gaining momentum"

About Mobi724 S.R.L.

Our Smart² approach is more than smart transactions in a smart partnership.

We offer an end-2-end digital eco system that enables smart transactions for the redemption of coupons and rewards. We power the redemption of offers - coupons and rewards - for payment cards, mobile carriers, loyalty operators and retailers in a seamless process for all stakeholders. With more than 20 years in the industry, we offer you  to partner with our end-2-end universal rules based transaction engine for coupons and rewards redemption that works seamlessly on ANY mobile device and  at ANY Point of Sale and / or online, in a seamless transaction process for both the customer and the merchant in a pay per performance model.

Mobi724 S.R.L. of Argentina is a wholly owned subsidiary of Mobi724 Solutions Inc., Canadian corporation with offices in Montreal /Canada and Buenos Aires / Argentina. Mobi724 Solutions Inc. is a wholly owned subsidiary Hybrid PayTech World Inc.(CNSX:HPT) based in Montreal, Canada visit  www.mobi724.com

About NEC Corporation

NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people worldwide. By providing a combination of products and solutions that cross-utilize the company's experience and global resources, NEC's advanced technologies meet the complex and ever-changing needs of its customers. NEC brings more than 100 years of expertise in technological innovation to empower people, businesses and society.  For more information, visit NEC at www.nec.com

NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. (C) 2013 NEC Corporation.

About Telefónica

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalisation and number of customers. From this outstanding position in the industry, and with its mobile, fixed and broadband businesses as key growth drivers, Telefónica has focused its strategy on becoming a leading company in the digital world.  The company has a significant presence in 24 countries and a customer base that amounts to more than 317 million accesses around the world. Telefónica has a strong presence in Spain, Europe and Latin America, where the company focuses an important part of its growth strategy.

Telefónica Global Resources is a global operating business unit of Telefónica. Its mission is to optimise the benefits from Telefónica's scale while achieving further efficiency for the whole Company through activities such as simplification, standardization, streamlining and consolidation.

About Aplicateca

Aplicateca is basically an online shop for cloud applications. This internet based platform gathers a group of digital tools and services designed to make management easier and to optimize the cost of most common operations of small and medium enterprises. Since 2009 OpenSistemas belongs to the group of ISV (Independent Software Vendors) that offer their products and services, in this case in open source, to the SaaS (Software as a Service) project of Telefónica

About Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF)

Hybrid PayTech World Inc. Develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 6,7,8). The Corporation's holding, First Equity Strategy LLC, markets itself with the DBA: Hybrid PayTech. International subsidiaries include Hybrid PayTech Asia Inc., Hybrid PayTech Aspac HK Ltd, Vault Acquiring Solutions LLC and Mobi724 Solutions Inc. Visit www.hybridpaytechworld.com

Hybrid PayTech based in Montreal, Canada, is a technology leader in the mobile payment space for EMV& MSR credit and debit acceptance. With a global footprint, Hybrid is an enabler of easily-deployable payment systems focusing on authentication, approved security and quick merchant adoption in Fleet, Delivery, Logistics and Retail. For more information on Hybrid PayTech, visit www.hybridpaytech.com or www.hybridpos.com

The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.

SOURCE Hybrid PayTech World Inc.