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FT8 plc (GFT)

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Thursday 10 September, 2015

FT8 plc

Execution of Development Agreement

FT8 plc
("FT8" or the "Companyā€¯)

Execution of Development Agreement



The Company confirms that it has executed an agreement with U.S.-based i2c, Inc., pursuant to which i2c will develop a new transaction processing product for FT8 in consideration of an one-time fee of US$ 100,000.00. The process, to be known as SplitPay, will be 100% owned by FT8 and will form the basis of a new suite of programs that FT8 is developing and will be marketed to third parties including payments providers and administrators. It is anticipated that the product will be ready for market on or around 1 November 2015.


More information on i2c
 

i2c, Inc. is a transaction processor that develops the technological infrastructure to support issuer processing, loyalty and marketing programs, billing and settlement, and acquirer processing. These capabilities support prepaid, debit, credit, and mobile wallet functionalities. www.i2cinc.com

Sean McShane, Ezybonds (UK) Plc +18 172 718 169
Katy Mitchell, WH Ireland Limited +44 161 832 2174

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