First Global Adds Medical and Food Purchasing to Mobile Wallet

TSX Venture Exchange: FGD
Frankfurt Stock Exchange: 1G5

TORONTO, Jan. 11, 2017 /CNW/ - First Global Data Limited ("First Global" or the "Company") is pleased to announce that its Indian subsidiary MSEWA Software Solution Private Limited ("MSEWA") has entered into an agreement with EasyMedico.com ("EasyMedico"), wherein EasyMedico products and services will be made available in the Company's mobile wallet deployments in India.

EasyMedico is India's most trusted and convenient online pharmacy. EasyMedico products and services will be available on the Company's VPayQwik™ mobile payment app, enabling EasyMedico's existing base of 500.000 customers to submit prescriptions, to purchase prescription medicines and other health products at significant discounts on VPayQwik™. Customers will also be able to find a doctor and book appointments through VPayQwik™.

The Company is also pleased to announce that MSEWA has entered into an agreement with FoodWalas.com ("FoodWalas"). FoodWalas is a leading online marketplace that connects curious eaters with India's best gourmet food sellers. FoodWalas delicious products will be available for purchase on VPayQwik™.

"First Global's mobile payments service offers infinite vertical possibilities. We will continue to innovate and revolutionize the payments sector by diving deeper into value added service offerings for our customers", said Andre Itwaru, Chairman and CEO of First Global.

About EasyMedico:

EasyMedico is first-of-its-kind health management portal, Online Pharmacy and a retail pharmacy chain. We currently have 9 stores across Delhi NCR, Indore and Kolkata. We power you to experience ease and convenience of both in-store and online purchase of medicines, healthcare, beauty, childcare, orthopedic care, medical devices, and other wellness products. We deliver your order at your doorstep. Find us on Facebook: https://www.facebook.com/EasyMedico

About Foodwalas:

At Foodwalas, we are explorers of food! We are on a mission to discover all things delicious. On our journey, we're seeking out the legendary local famous food, amazing artisans and great gourmet food sellers that produce amazing regional products. The care and craftsmanship that goes into the preparation of their specialty dishes brings us great inspiration. We're in awe of the history and recipes that are often handed down through generations. It's our passion to discover these treasures. We want to share these stories. To us, food is best when it is shared. Enjoying great food with friends and family is one of our favourite pastimes. The aroma and flavour of well-crafted food can create nostalgia and brings back memories of special times. At foodwalas, we believe that people long for these experiences. Our vision is an online marketplace that connects curious eaters with India's best gourmet food sellers. At Foodwalas, our goal is to ensure that every famous foodstuff across India is made available online for sale. So that every foodie can enjoy it, right at his place, with just a click! We do this by guiding our sellers/food brands to take a special care, right from preparing, packaging & fastest shipping. So that foodies can enjoy the same freshness, quality, best of the taste right from kitchen thereby creating a unique and memorable food experiences. Be assured, all our sellers are FSSAI registered (Food Safety Standard of India).

About First Global:

First Global is an international financial services technology (FINTECH) company. The Company's two main lines of business are mobile payments and cross border payments. First Global's proprietary leading edge technology enables the convergence of compliant domestic and cross border payments, money transfers, shopping and peer to peer payments. First Global enables its strategic partners and clients around the world with our leading edge financial services technology platform.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release contains forward-looking statements based on assumptions, uncertainties and management's best estimates of future events. Actual results may differ materially from those currently anticipated. Investors are cautioned that such forward-looking statements involve risks and uncertainties. Important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements are detailed from time to time in the Corporation's periodic reports filed with the Ontario Securities Commission and other regulatory authorities. The Corporation has no intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE First Global Data Limited

For further information: Andre Itwaru, Chairman and Chief Executive Officer, Telephone: 416.504.3813, Facsimile: 416.504.7092, Email: ir@firstglobaldata.com

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