Prodigy Ventures Inc. Announces iVideo Greetings for ApplePay Cash Person to Person Payments

(TSXV-PGV)

TORONTO, Dec. 4, 2017 /CNW/ - Prodigy Ventures Inc. (TSXV: PGV) ("Prodigy" or the "Company") today announced the launch of iVideo Greetings for ApplePay Cash Person to Person payments. This is a new, complete gifting solution available exclusively through Apple's iMessage app in the United States. Users can now easily create and send professional quality, personal iVideo Greetings from within iMessage followed by an ApplePay Cash Person to Person Payment as an inline cash gift. iMessage is the most popular messaging platform for North American millennials and iVideo Greetings for ApplePay Cash Person to Person Payments is the most compelling gifting experience offered to iMessage users.

Apple released ApplePay Cash on December 2, 2017 as part of their iOS 11.2 update. ApplePay Cash Person to Person Payments is a ground-breaking new payments option for the Apple user community. The ease of use, simplicity and delivery speed of payments made through iMessage offers Apple users unprecedented payment flexibility across Apple's many platforms.

iVideo Greetings for iMessage is available now on the Apple Store for iMessage, as an extension of iVideo Greetings for iOS, which launched on November 17, 2016 and reached the Top 100 in its App Store Lifestyle category in its first week. All of the functionality of iVideo Greetings is made available to iMessage users through this easy to use extension.

iVideo Greetings gives users over 120 video themes, something for every occasion and sentiment. Users simply add their own video message to send a professional quality, themed iVideo Greeting. The entire process takes only seconds from start to finish. Each original iVideo Greetings theme has been produced by talented video designers and animators. They integrate seamlessly with the user's own video, bringing their message to life, and making it special and unique.

This new app extension for iVideo Greetings lets users create and send iVideo Greetings while texting others inside the iMessage app. Delivery is immediate, cross-platform, and is a seamless experience from within iMessage. The growth of demand for application extensions for messaging applications has been explosive, and iVideo Greetings is the first application extension of its kind on the iMessage platform.

iVideo Greetings offers themes for all important occasions: Birthdays, Christmas, Valentine's Day, Weddings, Engagements, or to say Thanks, I Love You, Get Well, Cheer Up and countless other special moments. The user experience is fun, quick, easy and memorable.

The greeting card and e-gift industry is a multi-billion dollar market worldwide that is just beginning to evolve into the digital world.¹ iVideo Greetings offers a compelling experience as users worldwide make this shift.

"We are delighted to announce the launch of iVideo Greetings for ApplePay Cash Person to Person Payments. We believe this is the most compelling all-digital gifting experience available today," commented Tom Beckerman, Prodigy's Founder & CEO. "The ability to create, send and receive personal video e-greeting cards and cash gifts from within the iMessage platform offers an unprecedented new level of service and convenience. iVideo Greetings for ApplePay Cash Person to Person Payments is available now, to deliver a ground-breaking gifting experience for Apple users in the United States."

The marketing web site for iVideo Greetings is at http://greetings.iVideo.social. iVideo Greetings can be downloaded from the App Store at https://itunes.apple.com/app/ivideo-greetings/id1166696444?ls=1&mt=8 and from Google Play at https://play.google.com/store/apps/details?id=social.ivideo.greetings.

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.

About Prodigy Ventures Inc.

Prodigy Ventures is an innovation company that has combined an enterprise services business - Prodigy Labs - with a Venture Builder business. The two businesses work together to sell services and create new enterprise-grade platforms and apps using technologies such as mobile video, proximity, wearables, 3D & augmented reality.

Prodigy has been named as one of Canada's fastest growing technology companies in both the 19th and 20^th annual Deloitte Technology Fast 50™ awards for demonstrating bold innovation, dedicated leadership and strong growth. Prodigy also ranked on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Prodigy has also been named as one Canada's Top 250 ICT Companies on the 2017 Branham300 list.

Forward-Looking Statements

Certain information set out in this news release constitutes forward-looking information. Forward looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "intend", "could", "might", "should", "believe" and similar expressions. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements included in this document, as there can be no assurance that the plans, intentions or expectations upon which the forward-looking statements are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, risk factors set forth in the Company's Management's Discussion and Analysis for the three and nine months ended September 30, 2017, a copy of which is filed on SEDAR at www.sedar.com. Readers are cautioned that this list of risk factors should not be construed as exhaustive. These statements are made as at the date hereof and unless otherwise required by law, the Company does not intend, or assume any obligation, to update these forward-looking statements.

SOURCE Prodigy Ventures Inc.

For further information: PRODIGY VENTURES INC., Andrew Hilton, Chief Financial Officer, [email protected], 416-606-8833