May 09, 2018

Net Element's Aptito to Showcase Robust Restaurant Solutions at The Restaurant Association Show 2018

Current Investor Presentation

Aptito introduces comprehensive point-of-sale solutions for restaurants

MIAMI FL. , May 09, 2018 (GLOBE NEWSWIRE) --   Net Element, Inc. (NASDAQ: NETE) ("Net Element" or the "Company"), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that Aptito point-of-sale solution for restaurants is being showcased at the Restaurant Association Show 2018 on May 19-22, 2018, at the McCormick Place in Chicago.

The National Restaurant Association Show (NRA Show) is the platform to discover, learn, connect, inspire and gain the tools needed to innovate and thrive in the international food marketplace. A unique, forward-thinking experience for restaurant leaders, focused on tools and resources to deliver actionable strategies for exponential growth, while providing takeaways that are critical to business success.

Aptito's presentation at the NRA show will showcase its robust restaurant solutions with an emphasis on self-order kiosks and smart payment terminals.  During the event Aptito will be holding a contest for an Apple® iPad POS with a lifetime license for the 1st place winner and 1 year complimentary licenses for the next 10 winners.

Aptito's unique and affordable self-order iPad Kiosks save time by creating multiple checkout points. The Kiosk option can potentially save restaurants thousands of dollars per month. Any orders placed on the iPad Kiosks can be routed and tracked through Aptito's signature iPad POS system or can be sent directly to the kitchen.

IPAD KIOSK BENEFITS:

  • Increase Sales - Eye-catching displays of your menu are likely to attract more foot traffic and facilitate more orders
  • Fewer mistakes & reduced strain on your staff during busy peak hours
  • Easy-to-use digital iPad menu software can be setup quickly and updated in real-time to change items and prices
  • Allows guests to choose between traditional and high-tech touch screen ordering
  • Greater efficiency - Customers can tender payment directly using the kiosk's iPad POS software

SMART PAYMENT TERMINALS + APTITO BENEFITS:

  • Table-to-kitchen orders
  • Accept payments at the table with EMV device certified with all major Payment Processors
  • Analytics and business reports powered by Aptito
  • Complete integration with iPad based products: POS, Kiosk, Menu, mPOS
  • Built in printer, EMV certified device and barcode scanner

"Aptito restaurant solution makes restaurants stand out from the competition with interactive menus and seamless integration with the back-office,"  Andrey Krotov, CTO of Net Element, said. "Stop by Aptito's booth No. 8430 at the NRA Show to discover, learn and join the Aptito revolution!"

About Aptito
Aptito's Point-of-Sale (POS) solution has become an industry leader thanks to our diverse bar & restaurant management tools, easy to use digital menu software and system mobility. Aptito's mobile Point-of-Sale (mPOS) solution is cloud-based, offering its owners remote access so they can always feel the pulse of their operation, regardless of physical location. Further information is available at www.aptito.com.

About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise ("SME") in the U.S. and selected emerging markets. In the U.S. it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, our cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element's strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte's 2017 Technology Fast 500™.  In 2017, Net Element  was recognized by South Florida Business Journal as one of 2016's fastest growing technology companies. Further information is available at www.NetElement.com.

Forward-Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as "continue," "will," "may," "could," "should," "expect," "expected," "plans," "intend," "anticipate," "believe," "estimate," "predict," "potential," and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include to whether Aptito's self-order iPad Kiosks  will yield any benefits to the Company. Additional  examples of such risks and uncertainties include, but are not limited to: (i) Net Element's ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element's ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element's ability to successfully expand in existing markets and enter new markets; (iv) Net Element's ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element's business; (viii) changes in government licensing and regulation that may adversely affect Net Element's business; (ix) the risk that changes in consumer behavior could adversely affect Net Element's business; (x) Net Element's ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:

Net Element, Inc.

Media@NetElement.com

+1 (786) 923-0502

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Source: Net Element, Inc.

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