VersaPay To Host Investor / Analyst Day

TORONTO, April 7, 2015 /CNW/ - VersaPay Corporation (TSXV: VPY) ("VersaPay" or the "Company"), a leading provider of cloud-based invoicing, accounts receivable management and payment solutions, is pleased to announce that it will be hosting a presentation for investors and analysts on Tuesday May 5th, 2015 at the TMX Gallery, The Exchange Tower, 130 King Street West, Toronto. The event will feature presentations from two of VersaPay's ARC™ customers on their experience rolling out the product, perspectives from two partners on the ARC™ market opportunity, and a report from VersaPay's CEO Craig O'Neill on the success of the pilot phase of ARC™, plans for the next phase of ARC's commercialization, and what it all means for the Company's growth strategy. The Company will also be making a major customer announcement at the event. Registration opens at 7:45 am and the presentation commences at 8:30 am.

"We are very pleased with the pace of adoption for ARC™, and particularly excited that our early customers are making themselves available to talk about the success they are experiencing with the product. The combination of customer stories, partner insights and a summary of what we have learned through the pilot phase of ARC™ will make this a very interesting and informative event for investors and analysts," stated Craig O'Neill, VersaPay's CEO.

Investors and analysts interested in attending can confirm their attendance by emailing jelena.radecki@versapay.com or calling (647) 258-9379.

About VersaPay

VersaPay is a leading cloud-based invoice presentment and payment provider for businesses of all sizes. VersaPay's ARC™ software-as-a-service offering allows businesses to easily deliver customized electronic invoices to their customers, to accept credit card and EFT / ACH payments and automatically reconcile payments to their ERP and accounting software.

VersaPay is headquartered in Toronto, Canada, and has operations in Montreal and New York.

Forward Looking and Other Cautionary Statements.

This news release contains forward-looking statements and information that are based on the beliefs of management and reflect the Company's current expectations. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology, are intended to identify forward-looking statements and information. Such statements and information reflect the current view of the Company with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information.

By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, risks relating to the speculative nature of the Company's business, the Company's formative stage of development and the Company's financial position.

Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward looking statements if these beliefs, estimates and opinions or other circumstances should change.

Neither the TSX Venture Exchange nor its Regulations 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.

SOURCE VersaPay Corporation

Image with caption: "VersaPay Corporation logo (CNW Group/VersaPay Corporation)". Image available at: http://photos.newswire.ca/images/download/20150407_C6030_PHOTO_EN_13948.jpg

For further information: For additional information about this news release, please contact: John McLeod, Vice President, Marketing, VersaPay Corporation, Telephone: (647) 258-9406, Email: john.mcleod@versapay.com; OR David C.W. Chan, Chief Financial Officer, VersaPay Corporation, Telephone: (647) 258-9475, Email: david.chan@versapay.com; More information about VersaPay can be found at www.versapay.com.

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