Fireswirl Announces Voting Results from Special Meeting of Shareholders Held on May 12, 2016

VANCOUVER, May 12, 2016 /CNW/ - Fireswirl Technologies Inc. (TSXV: FSW) ("Fireswirl") is pleased to announce the voting results of its Special Meeting of Shareholders held on May 12, 2016 (the "Meeting") in Vancouver, British Columbia.

At the Meeting, Fireswirl shareholders approved the sale of all of Fireswirl's interest in Beijing Xingchang Xinda Technology Development Co., Ltd., which sale will constitute the sale of substantially all of the assets of Fireswirl.

About Fireswirl

Fireswirl Technologies Inc. (TSXV: FSW) is focused on creating transactional revenue by engineering electronic and mobile commerce solutions for content providers. Fireswirl's technology has broad applications for solutions requiring multiple payment interfaces, multicurrency and multi-language capabilities. Fireswirl's solutions can be adapted to any industry seeking high volume or micro-payment solutions involving a wide base of users through internet or wireless applications.

On behalf of the Board of Directors,

"Ji Yoon"
Chairman of the Board of Directors

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

SOURCE Fireswirl Technologies Inc.

Fireswirl Technologies Inc., Telephone: [phone], Email: [email protected], Website: www.fireswirl.com