SocialPlay USA, Inc. (OTC: SPLY) Breaking News - January 23, 2017

SocialPlay USA Accelerates Development Of Its Cryptocurrency Compatible Mobile Payment Platform Utilizing Blockchain Technology

LAS VEGAS, January 23, 2018 - Social Play USA, Inc. (OTC: SPLY), ('Social Play' or the 'Company') announces that it is finalizing negotiations to acquire Spot And Pay Inc. ( www.spotandpay.com ) and its Spot&Pay Mobile Payment Platform. Details of the agreement, which is subject to approval by the board of directors of each company, will be announced in the coming weeks.

SocialPlay identified Spot&Pay as an acquisition target due to its unique mobile payment application that is used in connection with third party QR codes that have been generated for specific uses; i.e. individual consumer products, specific services or group of services offered to the general public, B2B product and service offerings, monetary donations to charitable organizations, and quick and easy bill payments on recurring monthly accounts.

The Company’s software development plan has evolved to include a substantially more robust proprietary platform wallet feature that will allow users to create their own wallet so that they may buy and sell bitcoin and other cryptocurrencies directly from the Spot&Pay platform. It also provides seamless abilities to transfer money within the Spot&Pay user network instantly from one account to another without any processing delays.

As part of its strategy going forward, SocialPlay will focus significant development efforts on the integration of cryptocurrency and blockchain technologies into its product offerings. The Company believes that the future of financial transactions will be in the mobile space, and the security of these types of financial transactions will rely on blockchain verification and its unique, decentralized ledger. Distributed blockchain ledgers provide a highly secure identity verification and authentication methodology of user data, resulting in the most secure platform for users to initiate and complete financial transactions. In addition to developing its own proprietary blockchain technology, the Company will also seek to acquire existing, complementary blockchain technologies.

About SocialPlay and Spot&Pay
Spot&Pay is a mobile payment application that is used in connection with third party QR codes that have been generated for specific uses. QR codes allow consumers a quick, simple, and paperless method of making purchases, donating to their favorite charity, and paying bills. The process relies on setting up a Spot&Pay mobile payment account attached to a credit card, direct debit account or cryptocurrency wallet, and then simply scanning a QR code with a mobile device for a particular product or service the consumer wishes to purchase. The Spot&Pay application will instantly facilitate the order and purchase of the product associated with the QR code and pay for it from the pre-designated method of payment set up by the user.

The most unique aspect of the Spot&Pay application is the ability to purchase products remotely, without having to visit a website or physically attending a retail establishment. This is accomplished simply by scanning a product’s QR code wherever it can be seen; such as from a bus shelter advertisement or other media, i.e. television or computer screen situated in a public space.

SocialPlay USA is a solutions provider for individuals and online companies; providing marketing, monetization, and support services for companies in the mobile applications marketplace.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Investor Relations at 855-780-4878 or info@socialplayusa.com
Robert Rosner
President & CEO
Forward-looking Statement:

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH SOFTWARE DEVELOPMENT, SALES & MARKETING, AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS FILED AND PUBLISHED ON WWW.SEC.GOV, RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY''S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY''S SOFTWARE DEVELOPMENT, SALES & MARKETING EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED AND PUBLISHED FROM TIME-TO-TIME ON WWW.OTCMARKETS.COMTHIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALLTHERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
SocialPlay USA, Inc.
8275 S. Eastern Avenue, Las Vegas, NV 89123
T: +1(702) 430-2850
info@socialplayusa.com | http://www.socialplayusa.com
SOURCE Social Play USA, Inc.

SocialPlay USA and Acquisition Partner, Spot And Pay Inc., Add Significant Enhancements to its Bitcoin Compatible Mobile Payment Platform

LAS VEGAS, December 20, 2017 -- Social Play USA, Inc. (OTC: SPLY), ('Social Play' or the 'Company') along with development and acquisition partner Spot And Pay Inc. ( www.spotandpay.com ) is pleased to announce a significant new milestone in the ongoing development of the Spot&Pay universal mobile payment application, by Integrating risk mitigation and user verification security features.

Know Your Customer, or “KYC” guidelines are widely adopted methodologies used in the financial sector that prevent banks – or a payment application such as Spot&Pay - from being used, intentionally or unintentionally, by criminal elements for money laundering activities and financial fraud. Related procedures also enable banks to better understand their customers and their financial dealings, which aids institutions, and Spot&Pay, in managing risk prudently.

This is highly desirable to Spot&Pay users, vendors, and business providers who use the platform as it ensures secure transactions by verifying that all users are bona fide individuals or business entities. Not only does this give peace of mind to the vast network of users, it also rises to the level of compliance adhered to by all traditional financial institutions around the globe. From an investor standpoint, such compliance also reduces the risk of legal exposure that may arise as a result of potential malfeasance.

This development also means that, in addition to the existing features of accepting credit cards, debit cards, and bitcoins, Spot&Pay will be able to add an unlimited number of bank accounts to their Spot&Pay wallet. Customers can pick their payment option for their purchases or donations through QR codes (Scan and Pay) or through specific search options (Find and Pay). As well, users will be able to transfer money from Peer to Peer within the Spot&Pay network from one account to another without having to access a financial institution outside of their individual Spot&Pay wallet.

About SocialPlay and Spot&Pay
Spot&Pay is a mobile payment application that is used in connection with third party QR codes that have been generated for specific uses; i.e. individual consumer products, specific services or group of services offered to the general public, B2B product and service offerings, monetary donations to charitable organizations, and quick and easy bill payments on recurring monthly accounts.

QR codes allow consumers a quick, simple, and paperless method of making purchases, donating to their favorite charity, and paying bills. The process relies on setting up a Spot&Pay mobile payment account attached to a credit card, direct debit account or Bitcoin wallet, and then simply scanning a QR code with a mobile device for a particular product or service the consumer wishes to purchase. The Spot&Pay application will instantly facilitate the order and purchase of the product associated with the QR code and pay for it from the pre-designated method of payment set up by the user.

The most unique aspect of the Spot&Pay application is the ability to purchase products remotely, without having to visit a website or physically attending a retail establishment. This is accomplished simply by scanning a product’s QR code wherever it can be seen; such as from a bus shelter advertisement or other media, i.e. television or computer screen situated in a public space.

While QR Codes have been used for years in direct marketing, they are only quite recently being used more widely for mobile, remote purchasing, banking, and payments. Wal-Mart, which introduced QR code payment solutions as part of its Wal-Mart Pay feature in 2015, reports that usage of its internal application was up 45% as of July 2016, with 38% of payments coming from repeat users in all of its 4,600+ stores nationwide. This evolution speaks to the growing acceptance of QR Codes as a more sophisticated tool for problem solving and information delivery.

SocialPlay USA is a Business to Business solutions provider for online companies; providing marketing, monetization, and support services for companies in the mobile applications marketplace.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Investor Relations at 855-780-4878 or info@socialplayusa.com

Robert Rosner
President & CEO
Forward-looking Statement:

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH SOFTWARE DEVELOPMENT, SALES & MARKETING, AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS FILED AND PUBLISHED ON WWW.SEC.GOV, RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY''S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY''S SOFTWARE DEVELOPMENT, SALES & MARKETING EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED AND PUBLISHED FROM TIME-TO-TIME ON WWW.OTCMARKETS.COMTHIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALLTHERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

SocialPlay USA, Inc.
8275 S. Eastern Avenue, Las Vegas, NV 89123
T: +1(702) 430-2850
info@socialplayusa.com | http://www.socialplayusa.com
SOURCE Social Play USA, Inc.

Social Play USA and Acquisition Partner, Spot And Pay Inc., Add Blockchain Technology and Cryptocurrency Payment Capabilities to its Mobile Payment Application

LAS VEGAS, December 5, 2017 -- Social Play USA, Inc. (OTC: SPLY), ('Social Play' or the 'Company') announces that significant advances in its corporate vision and mobile payment platform infrastructure. The Company, along with development and acquisition partner Spot And Pay Inc. ( www.spotandpay.com ) has integrated the first of a number of cryptocurrency payment options into the Spot&Pay mobile payment platform.

Bitcoin is the first digital currency to be added to the existing Spot&Pay payment system infrastructure and allows users an additional choice when it comes to paying for goods and services. In addition to the current method of paying by credit card or direct debit, users can scan a QR code and choose the Bitcoin payment option on the checkout screen. If Bitcoin is selected, Spot&Pay will connect to our gateway and generate the URL for the user to complete the transaction by opening their Bitcoin wallet and providing payment for the purchase.

The Spot&Pay platform is now integrated with Bitpay, a leading Bitcoin payment gateway and digital currency wallet service and is available on both IOS and Android apps. As the digital currency market continues to grow, Spot & Pay will add other cryptocurrencies such as Ethereum, Ripple, and Speedcoin options to its payment solutions.

Additionally, Social Play is in the initial stages of planning and developing its own reward based cryptocurrency which will form the basis of a strategic User Loyalty Program.

About Social Play and Spot&Pay
Spot&Pay is a mobile payment application that is used in connection with third party QR codes that have been generated for specific uses; i.e. individual consumer products, specific services or group of services offered to the general public, B2B product and service offerings, monetary donations to charitable organizations, and quick and easy bill payments on recurring monthly accounts.

QR codes allow consumers a quick, simple, and paperless method of making purchases, donating to their favorite charity, and paying bills. The process relies on setting up a Spot&Pay mobile payment account attached to a credit card, direct debit account or Bitcoin wallet, and then simply scanning a QR code with a mobile device for a particular product or service the consumer wishes to purchase. The Spot&Pay application will instantly facilitate the order and purchase of the product associated with the QR code and pay for it from the pre-designated method of payment set up by the user.

The most unique aspect of the Spot&Pay application is the ability to purchase products remotely, without having to visit a website or physically attending a retail establishment. This is accomplished simply by scanning a product’s QR code wherever it can be seen; such as from a bus shelter advertisement or other media, i.e. television or computer screen situated in a public space.

While QR Codes have been used for years in direct marketing, they are only quite recently being used more widely for mobile, remote purchasing, banking, and payments. Wal-Mart, which introduced QR code payment solutions as part of its Wal-Mart Pay feature in 2015, reports that usage of its internal application was up 45% as of July 2016, with 38% of payments coming from repeat users in all of its 4,600+ stores nationwide. This evolution speaks to the growing acceptance of QR Codes as a more sophisticated tool for problem solving and information delivery.

Social Play USA is a Business to Business solutions provider for online companies; providing marketing, monetization, and support services for companies in the mobile applications marketplace.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Investor Relations at 855-780-4878 or info@socialplayusa.com

Robert Rosner
President & CEO
Forward-looking Statement:

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH SOFTWARE DEVELOPMENT, SALES & MARKETING, AND FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL AND QUARTERLY REPORTS FILED AND PUBLISHED ON WWW.SEC.GOV, RESPECTIVELY, AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY''S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY''S SOFTWARE DEVELOPMENT, SALES & MARKETING EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED AND PUBLISHED FROM TIME-TO-TIME ON WWW.OTCMARKETS.COMTHIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALLTHERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

SocialPlay USA, Inc.
8275 S. Eastern Avenue, Las Vegas, NV 89123
T: +1(702) 430-2850
info@socialplayusa.com | http://www.socialplayusa.com
SOURCE Social Play USA, Inc.

Social Play USA to Acquire Next-generation Remote Mobile Payment Technology

LAS VEGAS, May 9, 2017 -- Social Play USA, Inc. (OTC: SPLY), ('Social Play' or the 'Company') announces that it has entered into a binding Letter Of Intent ('LOI') with Spot and Pay Inc. ('Spot&Pay') of Henderson, Nevada.

The binding LOI covers the acquisition of a unique and robust consumer mobile payment application predicated on the rapidly expanding use of QR codes for individual product purchases, charitable giving, and bill payment options.

Spot&Pay is a mobile payment application that is used in connection with third party QR codes that have been generated for specific uses; i.e. individual consumer products, specific services or group of services offered to the general public, B2B product and service offerings, monetary donations to charitable organizations, and quick and easy bill payments on recurring monthly accounts.

QR codes allow consumers a quick, simple, and paperless method of making purchases, donating to their favorite charity, and paying bills. The process relies on setting up a Spot&Pay mobile payment account attached to a credit card or direct debit account and then simply scanning a QR code with a mobile device for a particular product or service the consumer wishes to purchase. The Spot&Pay application will instantly facilitate the order and purchase of the product associated with the QR code and pay for it from the pre-designated method of payment set up by the user.

The most unique aspect of the Spot&Pay application is the ability to purchase products remotely, without having to visit a website or physically attending a retail establishment. This is accomplished simply by scanning a product's QR code wherever it can be seen; such as from a bus shelter advertisement or other media, i.e. television or computer screen situated in a public space.

While QR Codes have been used for years in direct marketing, they are only quite recently being used more widely for mobile, remote purchasing, banking, and payments. Wal-Mart, which introduced QR code payment solutions as part of its Wal-Mart Pay feature in 2015, reports that usage of its internal application was up 45% as of July 2016, with 38% of payments coming from repeat users in all of its 4,600+ stores nationwide. This evolution speaks to the growing acceptance of QR Codes as a more sophisticated tool for problem solving and information delivery.

Under the terms of the LOI the Company will acquire an initial thirty percent (30%) interest in Spot and Pay Inc. and the Spot&Pay mobile payment technology for $300,000. The Company also has an Exclusive Option to Purchase (the 'Option') the remaining seventy percent (70%) of Spot&Pay by issuing common shares in the capital of the Company valued at $700,000. The exact number of shares to be issued will be determined by the five day average trading price of the Company's shares prior to the date of exercising the Option.

Social Play USA is a business to business solutions provider for online companies; providing marketing, monetization, and support services for companies in the mobile applications marketplace.

This news release was prepared on behalf of the Board of Directors, which accepts full responsibility for its contents. For more information please contact Investor Relations at +1-855-780-4878 or info@socialplayusa.com

Robert Rosner

President & CEO

Forward-looking Statement:

This news release contains "forward-looking statements," as that term is defined in section 27a of the united states securities act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with software development, sales & marketing, and funding as well as the risks shown in the company's most recent annual and quarterly reports filed and published on http://www.sec.gov, respectively, and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the Company's ability and level of support for its exploration and development activities. There can be no assurance that the Company's software development, sales & marketing efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed and published from time-to-time on http://www.otcmarkets.com this news release has been prepared by management of the company who takes full responsibility for its contents. No securities regulatory authority has approved or disapproved of the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

SocialPlay USA, Inc.
8275 S. Eastern Avenue, Las Vegas, NV 89123
T: +1(702) 430-2850
info@socialplayusa.com | http://www.socialplayusa.com
SOURCE Social Play USA, Inc.

SocialPlay Secures $500,000 Financing Agreement
 

FORT WORTH, Texas, April 12, 2016 -- Social Play USA, Inc. (OTC: SPLY), ('Social Play' or the 'Company') is pleased to announce that the Company has entered into an agreement with CMGT, Inc. to receive $500,000 in financing to bolster the Company's financial position as they move forward with SocialPlay's strategy to capitalize on the growing cloud based gaming industry.

The Company has established funding to enable the efficient execution of potential opportunities that can contribute substantially to the outlook and future revenues of the Company, while diligently advancing on the development of a revolutionary cloud-based game hosting and management system.

SocialPlay has entered into a promissory note granting the company up to $500,000. The note represents a consolidation of previous financings with new financing, bringing the sum under new terms.

"We are resolute on establishing a strong position in this evolving industry. Having the funding in place to move forward, considerably strengthens our ability to market and deliver our State-of-the-Art solutions, and enables us to capitalize on the momentum we have strived to build," stated Chitan Mistry, CEO of SocialPlay.

About Social Play USA: Social Play Provides marketing and support services for developers in the gaming and mobile application markets. SP Cloud Goods, a patent pending Virtual Goods, Virtual Product Placement Marketplace, and hosting service developed by SocialPlay, aims to be the premiere solution that game developers use to monetize their games. Cloud Goods allows developers to focus on the task of game design, and not on developing complex backend systems.

Forward-looking & Safe Harbor Statement Certain statements in this release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and those statements are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company cautions that these forward-looking statements are further qualified by other factors. The Company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

For More Information on Social Play USA Contact:
Chitan Mistry
Corporate Office:
2532 Open Range Dr.
Fort Worth TX 76177
Phone: +1-866-281-1207
http://www.socialplay.com

Investor Relations:
Andrew Hackett
+1-416-729-2071
ir@socialplay.com
http://www.socialplay.com/investors/investor-alerts/

SOURCE Social Play USA, Inc.

-------------------------------------------------------------------
About SocialPlay USA, Inc.:

Mobile Payment Technology For A Brave New World
SocialPlay USA is a publicly traded corporation that brings together leading-edge technologies from across the mobile payment application spectrum. Our vision is to partner with companies which have developed the most advanced technology, processes, and platforms for today’s consumers who have embraced the digital mobile payment paradigm.

SocialPlay’s business model centers around the evaluation and acquisition of companies involved in developing and marketing various digital technologies involved in the ever-evolving FinTech sector.

What is FinTech?
FinTech is shorthand for Financial Technology and is best described as a new, emerging financial industry that applies technology to improve a wide array of financial activities.

FinTech represents new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the Internet.

Team
Robert Rosner
CEO & Director
Mr. Rosner has significant experience as an entrepreneur and executive in a number of early stage and developing companies, primarily in the high technology and mining sectors. He currently holds an executive position with Lyynks Inc., an online aggregator of content, social networking, and e-commerce websites into one platform. Mr. Rosner initiated the formation of a number of junior exploration mining companies, including Fortuna Silver Mines (NYSE: FSM) and Niogold Mining Corp. (TSX.V: NOX - Acquired and wholly owned by Osisko) He currently acts as CEO of Lucky Minerals Inc. and CFO of Chimata Gold Corp. and has successfully utilized his extensive experience in public and private company management for over 30 years. As an officer and director of both Canadian and U.S. listed companies, Mr. Rosner has provided senior management of reporting compliance, oversight and fiduciary capacities, and directing corporate activities. He also has significant experience in Initial Public Offerings, Mergers & Acquisitions, and reverse takeovers.

Marc Herman
Advisory Board Member (CEO of Acquisition target, Friendship Socks Inc.)
Mr. Herman is the Founder of Loft Fashion, a premium denim distribution company in Cape Town, South Africa which launched major premium denim brands, including 7 for all mankind, Paper Denim & Cloth, Rock and Republic, Nudie Jeans along with Hanky Panky and Cosabella underwear to 200+ stores throughout South Africa (started in 2001 and sold the company in 2006). He was also the CEO of Vivreau North America, which launched an environmentally friendly water company and built it from nothing to $3million+ in revenue (started 2008 and sold to Britta GmbH in 2013). Mr. Herman also Founded Another Blank Page; a creative branding and design agency based in Vancouver, British Columbia, specializing in developing brands, building digital experiences and content creation.

Karthik Mani
Advisory Board Member (CEO of Acquisition Target, Spot And Pay Inc.)
Mr. Mani has been in technology and business operations for more than 20 years, and holds a Bachelor Degree in Computer Science and a Masters Degree in Management. He began his career as a developer and system administrator, before moving on to technical projects and program management where he managed onshore and offshore technology teams before starting his own venture. He is the founder of F1 Project Consulting LLC, which develops web and mobile solutions for various industries which release their own products, such as Pushuse, a web push notification SaaS platform. Spot & Pay is one of many financial products resulting from Mr. Mani’s 20+ years as a Senior Technology Consultant in technology, banking, and the entertainment industry. He has consulted for organizations such as Bank of America, Union Bank, Thomson Reuters, Vitesse Semiconductor, Science Applications International Corporation, Harbor Freight Tools, New York City Payroll ERP, Lyynks Music, and many more. F1 Project Consulting LLC runs operations in the U.S and India with more than 20 developers engaged in software development. Mr. Mani runs both business and technology operations in the US and manages seasoned teams of software engineers, working closely with clients to design and build high tech products and solutions, with particular focus and expertise on Lean Development, Modeling, Business Analysis, Financial Systems Design & Complex Algorithm Modeling and Creation.

Development Partners
SocialPlay USA has identified a number of companies that are developing products and services across the FinTech spectrum. The Company has entered into initial agreements to pursue the ongoing development of unique business models and products that fit within SocialPlay’s strategic growth vision.

Spot&Pay

Spot&Pay is a mobile payment application that is used in connection with tthird-party QR codes that have been generated for specific uses; i.e. individual consumer products, specific services or group of services offered to the general public, B2B product and service offerings, monetary donations to charitable organizations, and quick and easy bill payments on recurring monthly accounts.

QR codes allow consumers a quick, simple, and paperless method of making purchases, donating to their favorite charity, and paying bills. The process relies on setting up a Spot&Pay mobile payment account attached to a credit card or direct debit account and then simply scanning a QR code with a mobile device for a particular product or service the consumer wishes to purchase. The Spot&Pay application will instantly facilitate the order and purchase of the product associated with the QR code and pay for it from the pre-designated method of payment set up by the user.

Friendship Socks Inc.

Friendship Socks is a company that offers a unique line of designer socks, proudly manufactured in the USA, and markets its products through its quickly expanding online community. The company leverages social media to connect people more substantially through the gifting of a simple pair of socks, something everyone can use and appreciate every day.

The Friendship Socks process is very easy and involves a customer purchasing a pair of socks for themselves through the website, while at the same time also gifting a free pair to a friend of their choosing. This free pair gift purchase is embedded within a message that can be sent through any social media platform the buyer wishes. The friend then clicks on the link provided in the social media message, enters their shipping information, and waits for their socks to arrive in the mail. The recipient is now part of the Friendship Socks community and can then purchase a pair to surprise one of their own friends and so on and so on. Friendship Socks refers to this as “Pairing it Forward”, helping connect friends from across the street to around the world. The result is strengthened connections and stronger friendship bonds.

The company offers a one-time purchase as well as a subscription service, where every month the customer receives a new pair of socks and gets to choose a new friend to send a surprise pair to. This provides Friendship Socks the unique opportunity to connect with multiple customers through one initial purchase. Those familiar with the success of Dollar Shave Club (sold to Unilever for a reported $1 Billion) will recognize the potential that Friendship Socks has in creating a large and dedicated consumer following. This increased social media engagement creates exponentially expanding customer acquisitions while automatically increasing recurring sales revenue.

Spot & Pay http://www.spotandpay.com/
( A Universal Payment Remote).
Spot & Pay is the technology interesection of Business and Consumer payments, perspectives and priorities.
Spot & Pay enables business to establish their presence through QR, buiness listings and consumers to quickly scan the QR code or find business from listings to pay

Business
Increase your sales by adding your business to Spot & Pay.
Check out our easy to use backend to establish your presence in Spot & Pay. You can download the QR and post it anywhere you want to increase the sales. Consumers can scan and py or find you in our business directory and pay directly without being onsite.
No contract, no monthly fee.

Consumer
Download our app (iOS, Android and Windows) and start using Spot & Pay
Our one stop app will let you pay onsite by scanning the QR code or pay remotely by finding the business entity and their products. The simple to use app will let you setup recurring payments, reminders and get your summary reports.
Yes, the app is free

Meet Friendship Socks https://friendshipsocks.com/
You like, you comment, you share. Now you can give! Meet Friendship Socks, a new platform that lets you connect with friends by sending a dazzling pair of socks through social media.

Friendship is about so much more than who likes your latest posts. It’s about pep talks, milestone makers, and those intangible moments in the middle.

We’re about sharing real, authentic stories of friendship, and that includes yours!

SOURCE: http://www.socialplayusa.com/

Disclaimer