Investor Relations

London, ON — January 31, 2020 —Posera Ltd. (“Posera”) today announces that the court-approved the Arrangement Agreement (the “Arrangement”) for the acquisition of Posera by PayFacto Inc. (“PayFacto”) has been completed. Pursuant to the Arrangement, PayFacto has acquired all of Posera’s issued and outstanding common shares (“Shares”) for $14.5 million CDN on a cash free, debt free basis, in an all cash transaction, of which $1 million will be placed in escrow for a period of 2 years.

“On behalf of Posera’s Board, I am thrilled to announce the successful conclusion of Posera’s strategic review process with the completion of the privatisation of Posera via the Arrangement with PayFacto,” said Tom McCole, Chairman of the Board of Directors of Posera. “PayFacto is the perfect home for Posera’s product suite, our employees, our partners, and our customers”, added Akash Sahai, EVP Strategy and Business Development. “We believe that Posera will be an integral part of PayFacto’s future growth story.”

The completion of the Arrangement follows a special meeting of common shareholders held on January 22, 2020, at which the Posera’s shareholders approved the Arrangement, and subsequent to shareholder approval, a final approval order from the Ontario Superior Court of Justice was received. As a result of the Arrangement, the Shares of Posera will be delisted from the Toronto Stock Exchange (“TSX”) and Posera will apply to cease to be a reporting issuer in all provinces of Canada for which it is currently a reporting issuer.

Posera’s registered shareholders, who currently hold their share certificates personally, are reminded that they must properly complete, sign and return the letter of transmittal, along with the return of their share certificate(s), to TSX Trust, acting as depositary, as per the Arrangement, “Letter of Transmittal for Common Shares”, in order to receive the cash consideration they are entitled to for their Shares under the Arrangement. Non-registered Posera common shareholders will receive the cash consideration they are entitled to under the Arrangement through the intermediary in whose name their Shares are registered.

Any questions or requests regarding consideration under the Arrangement may be directed to the TSX Trust Company, the acting depositary for the Arrangement, either (1) by mail using the envelope provided or (2) by personal delivery to 100 Adelaide Street West, Suite 301, Toronto, Ontario, M5H 4H1, or (3) by facsimile to (416) 595-9593. Former non-registered holders of Posera Shares should contact their broker or other intermediary for details.

Posera has been assisted in the completion of the Arrangement by its exclusive financial advisor BDO Canada LLP and corporate legal counsel Fasken Martineau DuMoulin LLP. Further information regarding the Arrangement is outlined in the Special Management Information Circular that was filed under the Posera’s profile on SEDAR at www.sedar.com and is available on the Posera’s website at posera2.forcefivedev.ca/investor-relations.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Montreal, QC— January 22, 2020 — Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a global provider of software solutions for the hospitality industry, today announces that at the special meeting of holders of the common shares of Posera (“Shareholders”) held earlier today (the “Meeting”), Shareholders voted to approve the previously announced arrangement (“Arrangement”) whereby PayFacto Inc. (“PayFacto”) will acquire all the issued and outstanding common shares of Posera (“Posera Shares”).

The Arrangement required approval by at least two thirds of the votes cast by Shareholders present in person or represented by proxy at the Meeting, and approval by a majority of the disinterested votes cast at the Meeting by Shareholders.

Votes representing a total of 73,564,982 Posera Shares were cast, representing 61.41% of the total issued and outstanding Posera Shares. 69,347,069 Posera Shares, representing 94.27% of the votes cast, voted in favour of the Arrangement. Additionally, 66,512,087 Posera Shares held by disinterested Shareholders, representing 94.04% of the total votes cast by disinterested Shareholders, voted in favour of the Arrangement.

Commenting on the voting results, Tom McCole, Chairman of the Board of Directors of Posera said, “I am thrilled by the overwhelming shareholder support of the proposed transaction. Shareholders have delivered a strong vote of confidence in our strategy to privatize Posera, and to unite with PayFacto, a leader in the payments industry.”

Closing of the Arrangement is conditional on the receipt of necessary regulatory approvals and satisfaction of certain other closing conditions. Further information about the Arrangement is outlined in the Annual Information Circular that was filed under the Company’s profile on SEDAR at www.sedar.com and is available on the Company’s website at posera2.forcefivedev.ca/investor-relations.

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About Posera

For over 30 years, Posera has been a leading provider of hospitality technology solutions. Posera’s suite of products manages all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (“Kitchen Display System”), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on April 1st, 2019 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Montreal, QC— January 14, 2020 — Posera Ltd. (TSX : PAY), a global provider of software solutions for the hospitality industry, today announces the success of the Great Migration project, aimed at upgrading Posera’s extensive base of Maitre’D point-of-sale (POS) customers to the latest Maitre’D version with software-as-a-service (SaaS) packages. During the first month of the program’s launch, over 50 existing merchants across North America and Europe have adopted the latest and most feature-rich version of Maitre’D.

In November of 2019, Posera announced the launch of The Maitre’D TOTAL Experience, a SaaS-based offering of a suite of software tools and services developed to support and optimize every aspect of a restaurateur’s business operations and management. The Maitre’D TOTAL Experience followed the release of the newest Maitre’D software, packed with innovation across its state-of-the-art user-interface, Mobile POS, comprehensive integrations, and cloud functionality.

Posera extended its SaaS offerings to its extensive 20,000-strong customer-base in a specialized program called – The Great Migration. The initiative ensures existing Maitre’D users can also benefit from the latest Maitre’D version, 24/7 support, mobility, table-side payment and ordering, and reporting and cloud-based data analytics. The Great Migration SaaS model has been welcomed by Maitre’D POS’ global merchant base, with dozens of merchants worldwide, signing up for the latest Maitre’D version and technology tools and support services.

A Maitre’D customer since 2005, The Lake Louise Ski Resort is the most recent of Maitre’D-powered sites to subscribe to a Maitre’D TOTAL Experience SaaS plan. The Lake Louise Ski Resort, located in the heart of the Canadian Rockies, boasts 4,200 acres of world-class skiable terrain. A year-round operation, the company operates as a ski resort in the winter months and as a wildlife interpretive centre and a sightseeing gondola in the summer months.

“It didn’t take us long to get on board with converting to the latest version of a product that we have been using for the last 15 years, in a plan that now includes 24/7 support, comprehensive reporting tools, and SecureTablePay,” said Jon Chesnut Director, Information Technology at The Lake Louise Ski Resort. “The installation was quick, just in time for the start of our busy winter season. Now, we are currently strategizing with the Posera team regarding the rollout of Maitre’D kiosks in the months to come.”

As a subscriber to The Maitre’D TOTAL Experience SaaS plan, the most feature-rich, most powerful Maitre’D system is now installed and operating The Lake Louise Ski Resort’s eight different restaurants, cafés, and bars, with Maitre’D posting bills directly to guests’ rooms. The Lake Louise Ski Resort selected the Premium plan, which features the SecureTablePay table-side payment solution, unlimited 24/7 live support, the DataBoard management mobile app, and the DataBoard-Advanced Reporting cloud-based sales reporting platform.

“The Lake Louise Ski Resort is one of Canada’s premier vacation destinations and has been a valued Maitre’D client for 15 years,” said Akash Sahai, EVP Strategy and Business Development. “Since launching the initiative, we have been pleased to see the receptiveness of so much of our installed 10,000 merchant base, who wish to keep the trusted Maitre’D brand and upgrade their systems for the latest, and most feature-rich version. The adoption of The Maitre’D TOTAL Experience SaaS offering by The Lake Louise Ski Resort, with its complex operations that involve 48 POS workstations, is a testament to the value of The Great Migration project.”

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About Posera

For over 30 years, Posera has been a leading provider of hospitality technology solutions. Posera’s suite of products manages all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

About the Lake Louise Ski Resort

The Lake Louise Ski Resort & Summer Gondola is located in the Canadian Rockies and the heart of Banff National Park. With close to 5,000 acres of skiable terrain, it provides year-round activities for guests locally and from around the world. Working in harmony with the natural environment of the Park, Lake Louise has been chosen the Top Resort in Canada six of the last seven years. Welcome to Canada’s Natural Playground.

For more information:

Dan Markham, Director, Brand and Communications
1.403.497.5679
dan.markham@skilouise.com
www.skilouise.com

Montreal, QC— November 25, 2019 —PayFacto Inc (“PayFacto”), a leading payment solution provider in North America and Posera Ltd. (TSX : PAY) (“Posera”), a global provider of hospitality industry software, today announce that they have entered into an Arrangement Agreement pursuant to which PayFacto will acquire all of Posera’s issued and outstanding common shares for $14.5 million CDN on a cash free, debt free basis, in an all cash transaction.

With offices in Montreal, Toronto and the United States, PayFacto is committed to providing its customers with innovative, flexible and highly competitive payment solutions, making it the payment processor of choice for more than 30,000 merchants. PayFacto is uniquely positioned in the Canadian market as a direct connect and shareholder of Interac that combines credit card processing integrations with other leading processors.
For 30 years, Posera has focussed exclusively on helping hospitality industry merchants improve all aspects of their business operations by offering feature-rich, dynamic solutions such as the Maitre’D point-of-sale system, KDS for kitchen display and management, and the SecureTablePay pay-at-the-table product – serving more than 15,000 hospitality businesses worldwide.

“We are thrilled to announce this acquisition agreement with PayFacto, a new leader in the payments industry. Our companies are a natural fit,” said Tom McCole, Chairman of the Board, at Posera. “This is great news for both Posera and its shareholders, who will be receiving cash for their shares at a significant premium to today’s market share price. The Board has unanimously approved this transaction. The acquisition by PayFacto ensures Posera is poised for greater success, free from the administrative burdens of being a public company, and fully able to pursue technological innovation and growth.”

“Posera has a decades-long history of dedication to technological innovation in the hospitality industry, with an impressive array of software solutions that serve restaurant operations worldwide,” said Martin Leroux, President and Chief Executive Officer of PayFacto. “Because of Posera’s global customer-base and its foothold across multiple geographies, the merger of our two companies will strengthen and speed PayFacto’s growth story. We look forward to combining our respective products, services and successes, and building upon them.”

“We’re excited to be partnering with PayFacto, especially given the strategic alignment of the two companies. Posera has made tremendous strides recently and this acquisition is the perfect launching pad for Posera’s next chapter,” said Akash Sahai, Posera’s Executive Vice President of Business Development & Strategy. “The acquisition by PayFacto will allow Posera to bring our recent mobile and cloud product innovations to the market in a SaaS model even more quickly. I look forward to working with Martin and the rest of the PayFacto team to introduce PayFacto’s products and services to Posera’s merchant-base, and Posera’s products and services to PayFacto’s merchant-base.”

Posera has been assisted in this strategic review process, initiated over six months ago, by BDO Canada LLP as its exclusive financial advisor, and Fasken Martineau DuMoulin LLP, Posera’s corporate legal counsel. “Posera shareholders have through a highly competitive sale process been rewarded a justifiable premium given the product innovations and SaaS growth trajectory Posera is currently pursuing, and the patently clear synergies between the two parties,” said Pras Kayilasanathan, Director of M&A at BDO. PayFacto was assisted in this acquisition by their corporate legal counsel at BCF Business Law and their accounting and tax advisors at Hardy Normand & Associates LLP.

Posera will call a special shareholder meeting to approve the transaction, and subject to shareholder approval, court approval and other customary closing conditions, the transaction is expected to close in January of 2020. Shareholders will receive a payout price per share based on $14.5 Million CDN, plus cash on hand, minus closing costs, at the time of close. The parties will provide more information to shareholders over the coming weeks.

It is anticipated that Posera shareholders will receive between $0.12 and $0.15 per Posera common share, following the determination of final cash balances and other related amounts prior to closing. Additionally, Posera shareholders will be eligible to receive within twenty-four months an additional payment of up to $2.4 million CDN (or up to $0.02 CDN per Posera common share) upon the successful collection of the secured credit facility loan that was made to an affiliate of DLT Labs Inc.

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About PayFacto

PayFacto, a leader in the field of payment solutions, is established in Canada and the United States. Recognized for its expertise, agility, and quality execution, PayFacto meets the operational needs of small and large clients on a national and international scale by enabling them to meet their business objectives more efficiently and affordably. Boasting a vast range of services and recognized payment solutions, PayFacto helps companies and organizations take control of their electronic transactions. For more information, visit payfacto.com.

About Posera

Posera has been a leading provider of hospitality technology solutions for over 30 years. Posera’s technology suite manages all aspects of hospitality industry merchant operations. Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management; and SecureTablePay, a leading EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”. More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on April 1st, 2019 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Denis Robert, EVP Corporate Affairs
1.514.316.8293 ext. 718
denis.robert@payfacto.com
www.payfacto.com

Atlanta and Montreal— November 21 —protel, provider of cloud-based advanced hospitality systems, and Posera, a global leader of hospitality industry software, announce the integration of protel’s property management system (PMS) and the Maitre’D point-of-sale solution (POS), offering hoteliers a best-in-class, complete property management solution.

protel and Posera have developed a two-way interfacing system, creating a powerful and flexible management platform which allows free communication within a complex hospitality framework. Hospitality properties can communicate guest and billing information through protel’s innovative cloud PMS, protel’s Enterprise Hospitality Platform, and food and beverage venues through the feature-rich Maitre’D POS, instantaneously reconciling sales data and consolidating sales reporting across the property or property group.

In recent years, Posera has developed PMS interface APIs for its Maitre’D POS and successfully answered the increasing demand of hotels and other types of hospitality properties for a holistic view of every aspect of an operation. Maitre’D POS supports all facets of a hotel’s F&B operations in thousands of properties across dozens of countries. Maitre’D integrates with PMS systems across 16 revenue categories and includes a user-friendly modular back-office for instantaneous menu updating, employee management, and real-time cloud reporting.

protel’s PMS is built upon its Enterprise Hospitality Platform technology, protel.IO, and is one of the world’s most dynamic and future-proof property management systems. The PMS platform is designed for flexibility and scalability, making it easy for hotels to implement new initiatives and enabling them to continuously improve the guest experience using system speed, functionality, and efficiency.

“Partnering with protel, a powerful PMS solution with a strong presence in the European market, allows us to provide hotels, a complex ecosystem, a 360-degree view of operations,” said Dan Poirier, Posera’s Chief Executive Officer. “Our integrated solution helps hotels best position themselves for today’s competitive environment, including maximizing employee productivity, capturing significant operating cost efficiencies, while bolstering business and guest loyalty.”

“As protel continues its expansion into the North American market, we are thrilled to partner with Posera and its state-of-the-art Maitre’D product,” said Christopher McKenzie, Director of Sales North America at protel. “protel understands very well the delicate range of requirements that hotel properties demand, and we always aim to provide our 14,000 plus customers around the globe with all the tools they need for success. Together with Posera’s Maitre’D system, we built an integration that allows hoteliers to have a complete and robust management solution.”

“The Hotel sector is an important part of Posera’s growth strategy, and integrations with property management providers give Maitre’D a significant competitive advantage,” said Akash Sahai, EVP Strategy and Business Development. “The partnership with protel, an especially prominent PMS provider, only strengthens this Maitre’D competitive differentiator, and allows us to turn the operating challenges of hotels into opportunities for Posera.”

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About protel

protel offers technology and service solutions specifically and exclusively for the hospitality industry. The consistent focus on the needs of a single industry makes us one of the most experienced and successful providers of advanced property management systems (PMS). Whatever the requirements, whether installed on-site, web-based in the Cloud, or as a hybrid solution, our flexible and scalable software solutions cover the full industry spectrum, from small independent hotels to multinational hotel chains. Founded in 1994, protel hotel software GmbH operates under the leadership of managing partners Ingo Dignas and Manfred Osthues. With headquarters located in Dortmund, Germany, branch offices in Berlin, Vienna, Austria, and Atlanta, USA, plus a dense network of partner companies working in close cooperation, protel enjoys a worldwide presence. In over 93 countries, hotels and hotel management schools around the world attest to protel’s high- level expertise and reliability, a third of them using protel Cloud Solutions.

About Posera

Posera has been a leading provider of hospitality technology solutions for over 30 years. Posera’s technology suite manages all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Toronto, ON – November 15^th, 2019 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of hospitality software and payment solutions, today announced its financial results for the three and nine months ended September 30^th, 2019.

During the three-months ended September 30, 2019, Posera reported total revenues of $1.73 million compared to total revenues of $2.33 million and $2.00 million for the three-months ended September 30, 2018 and June 30, 2019 respectively. The decrease in revenues year over year is driven largely by a reduction in KDS sales, given there was a large customer deployment of KDS units in the prior year, which helped boost revenues during the three-months ended September 30, 2018.

Posera increased its recurring revenue by 5% to $0.87 million during the third quarter of 2019, compared to $0.83 million during the three-months ended September 30, 2018. The increase resulted from growth in sales of all of Posera’s recurring revenue products.

Posera incurred a normalized EBITDA loss of $0.69 million for the three-months ended September 30, 2019 compared to a normalized EBITDA loss of $0.36 and $0.70 million for the three-months ended September 30, 2018 and June 30, 2019 respectively. Although the Company made further reductions to some of its controllable operating costs, primarily general and administrative expenses, the lower quarterly revenues led to the rise in normalized EBITDA loss.

Key Quarterly Achievements

• New User Interface of Maitre’D POS – Posera announced the release of an all-new user interface for its Maitre’D POS solution. The Maitre’D Back-Office UI has also received a refresh, with employee management, cost-tracking, and comprehensive insights all currently available in a new, intuitive graphic user interface. New operational highlights of the user Interface include interactive maps for the delivery module and per-guest detailed table order itemization for faster, error-free payment reconciliations. This latest release constitutes the largest release for the Maitre’D product in the last five years and achieves the goal of improving end-user experience and increasing productivity while providing the robust front-of-house capabilities and back-of-house analytics that customers depend on to operate their businesses.
• Release of the Newest Version of KDS, Kitchen Display System, to Support Table Service Restaurants – Originally designed for quick service operations, the latest release, announced by Posera in July, offers new functionalities such as station routing, meal coursing and pacing, guest paging, 35 different screen options, and enhanced real-time activity data and alerts, all features in demand by kitchens across food-service establishments.
• Cellar Management Capability – Posera announced an integration of Alfred Pro cellar management platform with Maitre’D POS for hospitality industry operations with extensive wine collections. The integration provides a consolidated tool to easily and swiftly manage and maintain cellar inventory.
• SecureTablePay’s Launching with Next-Generation Devices – SecureTablePay has completed its redevelopment for the US market. Now with a new technology, new architecture, and a new user-interface, the pay-at-the-table platform has been launched in the US, operating on 3 new next-generation devices, and with several live installations in the field.
• Reseller Roadshows – In Q3, Posera hosted and met with over 50 of its key reseller partners across North America. The events were designed to re-engage with the resellers and introduce the new Maitre’D, KDS and SecureTablePay products and their new features. The new Maitre’D was received with great enthusiasm and positive reviews by the resellers. Posera also shared its future product and business model plans with the resellers, and then with resellers’ feedback, insights and support, Posera subsequently launched its new SaaS business model, which was announced in November.

“The third quarter was filled with much excitement, some disappointment, and lots of promise,” said Dan Poirier, Chief Executive Officer of Posera. “We are very excited that as a result of a year-long effort, we have completely renewed our flagship Maitre’D solution, restructured the KDS system, and totally rebuilt the SecureTablePay product. We are disappointed, though, that during this period, naturally, Posera’s sales slowed as we developed and honed our products to be ready for the market. We are energised, however, by all the promise and opportunity of our new and improved products, such as the recently announced Mobile POS, which is now available and deployed in the field.”

The end of Q3 marked the realization of the efforts and investment of the quarter, and quarters before it: a new and reinvented Posera product line. In addition to all the latest exciting features and functionalities, Posera has also recently announced The Maitre’D TOTAL Experience, a new SaaS subscription. “We believe that The Maitre’D Total Experience will bring Maitre’D back to the forefront of hospitality technology,” said Tom McCole, Chairman of the Board of Posera. “For years. Maitre’D has been known for its stability and richness of features. Now, Maitre’D also has mobile and cloud capabilities, all the latest features, and is available in an easy to adopt SaaS package, offering merchants a powerful solution and affordability – the best of both worlds.”

As Posera repositions its products and re-establishes its position at the forefront of hospitality technology, Posera has also continued the strategic review process. “Much of Posera’s energy this year has been spent on conducting a strategic review process,” said Akash Sahai, Executive Vice President, Strategy and Business Development, at Posera. “We agree with the assessment of our financial advisors, BDO, that privatisation is an appropriate strategy for Posera. We have reviewed several offers of interest to privatise Posera and have engaged in discussions with several interested parties. We believe we are nearing the end of the strategic review process and should be able to make an announcement about a significant strategic partnership soon.”

Conference Call

The Company will hold a conference call on Monday, November 25th, 2019 to discuss the financial results for the three and nine-months ended September 30^th, 2019, at 1:00 PM Eastern Standard Time hosted by Dan Poirier, Chief Executive Officer, Kevin Mills, Chief Financial Officer, Tom McCole, Chairman of the Board, and Akash Sahai, Executive Vice President of Business Development. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS

Date: Monday, November 25th, 2019
Time: 1:00 PM Eastern Standard Time

Participant Dial-in Numbers:
Local – Toronto (+1) 647-427-7450
Toll Free – North America (+1) 888-231-8191
Conference ID: 8799123

Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

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About Posera

Posera has been a leading provider of hospitality technology for more than 20 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: Maitre’D^®, a point-of-sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay^®, an EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on April 1^st, 2019 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Montreal, QC— November 13, 2019 — Posera Ltd. (TSX : PAY), a global provider of software solutions for the hospitality industry, today announces the launch of The Maitre’D TOTAL Experience, a brand new way of providing Maitre’D POS tools and services to hospitality industry operators worldwide.

A subscription-based offering, The Maitre’D TOTAL Experience is a suite of software tools and services developed to support and optimize every aspect of a restaurateur’s business operations and management. The Maitre’D TOTAL Experience is anchored by the powerful release of the newest Maitre’D software, packed with innovation across its state-of-the-art user-interface, new Mobile POS, comprehensive integrations, and cloud functionality.

The Maitre’D TOTAL Experience Highlights

• The Maitre’D Solution: TOTAL Experience membership provides users with complete access to the Maitre’D hospitality point-of-sale (POS) solution with the world-class, full-featured front-of-house workstation and back-office.
• Full-Featured System: As part of TOTAL Experience, the Maitre’D Back-Office includes all cornerstone features of hospitality industry staples and dynamic Maitre’D applications and integrations such as online ordering, delivery, reservations, inventory, PMS, corporate communications, and kitchen management, among many others.
• Mobile POS: TOTAL Experience subscribers can deploy the complete power of Maitre’D on mobile POS tablets for table-side ordering and payment. Posera will further the Maitre’D Mobile POS solution with the launch of its native Android and iOS mobile apps in Q1 2020.
• Mobile Sales Management App: TOTAL Experience subscribers receive The Maitre’D mobile management application, DataBoard, for real-time monitoring and alerts, available for iOS and Android.
• Cloud Reporting: TOTAL Experience subscribers will enjoy unlimited cloud storage and back-up of critical sales data with DataBoard-Advanced Reporting, the cloud-hosted, above-store, web-reporting platform.
• Table-side Payments: TOTAL Experience subscribers benefit from the Maitre’D integrated pay-at-the-table solution, SecureTablePay, an EMV-enabled PIN, chip, and signature table-side payment application.
• 24/7 Support: TOTAL Experience subscribers can opt for post-onboarding, 24/7 multi-channel software support, powered by a global team of Maitre’D support agents, accessible at any time by phone, email, and chat.
• Unlimited Software Upgrades: All latest software releases, version enhancements, and security updates will be available to TOTAL Experience subscribers as part of the Embedded Maintenance Program (EMP).

“The Maitre’D TOTAL Experience will facilitate the entire experience of deploying and operating restaurants using the Maitre’D solution in the hospitality industry by offering our modern and dynamic platform in an easy to set up, run, and maintain SaaS package,” said Dan Poirier, Chief Executive Officer at Posera. “We have actively strengthened our Maitre’D system over the past year, innovating without compromising the feature-rich capability for which Maitre’D is lauded. The latest, most advanced, Maitre’D solution is part and parcel of the TOTAL Experience offering.”

The Maitre’D TOTAL Experience pricing packages are available now to customers in over 70 countries and eight languages. Prices for TOTAL Experience membership starts at $99 USD per month for a three-year subscription, with a special introductory offer of $79 USD per month to new subscribers for orders before March 31, 2020. Posera will also continue to offer its latest core Maitre’D product for purchase as a one-time license accompanied by a recurring subscription to other product and services offered in The Maitre’D TOTAL Experience.

Before launching The Maitre’D TOTAL Experience, Posera met with over 40 key members of its reseller network across North America and with their feedback and cooperation, formalized its SaaS packages. As part of this venture, Posera, with the support of its reseller partners, will be offering its existing 12,0000-strong customer-base the TOTAL Experience by upgrading them to the latest version, without necessitating software re-purchase, and offering equivalent SaaS subscription packages with a starting price of $25 USD per month.

“The new SaaS offering is principal to Posera’s strategy of capitalizing on the comprehensive Maitre’D technology and removing barriers to entry for growing and independent businesses, where they had to choose between a robust, proven POS system and a lighter, less capable SaaS product,” said Akash Sahai, Executive Vice President, Strategy and Business Development at Posera. “Posera’s competitive pricing packages will expedite market adoption of the Maitre’D solution and allow merchants to realize time-to-value much faster. Customers will now have the feature-rich Maitre’D, with pricing that suits their needs.  Ultimately, this will give merchants the best of both worlds, a full-featured Maitre’D with the all-new look and feel, including Mobile POS and cloud, as well as a SaaS model that provides affordable pricing and easy adoption – truly the best of both worlds.”

##

About Posera

For over 30 years, Posera has been a leading provider of hospitality technology solutions. Posera’s suite of products manages all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Montreal, QC and South Plainfield, NJ — November 5, 2019 — Posera Ltd. (TSX : PAY), a global provider of software solutions for the hospitality industry, and Touch Dynamic, a leading manufacturer of all-in-one touch systems, industrial PCs, and mobile point-of-sale (POS) tablets, announce the launch of the new Maitre’D POS mobile system, powered by the Quest POS tablet series, enabling merchants to use Maitre’D as a mobile POS for table-side ordering and payment.

The complete Maitre’D system, with its full-featured functionality and versatile integrations that supports all facets of restaurants’ activities in over 20,000 restaurants, is available with the new Maitre’D mobile POS, operating on the state-of-the-art Quest III handheld tablets. The Maitre’D mobile POS system, powered on the Quest III, is currently deployed in hundreds of restaurant sites across Canada and the United States.

With thousands of installations in restaurant sites across North America, the Quest III mobile tablets are fully compatible with Maitre’D POS Windows systems. The Quest III tablets are EMV Level 3 certified, which means that these tablets are well equipped to provide hospitality merchants with high security for receiving payments. The handheld Quest III tablets are tested and proven to work with each card brand, providing another layer of protection and ensuring merchants can securely accept all their customers’ preferred payment methods.

“We are very pleased to launch our new Maitre’D mobile POS in partnership with Touch Dynamic, a leader in the hardware manufacturing space,” said Dan Poirier, Chief Executive Officer at Posera. “Restaurants and other hospitality businesses no longer have to choose between a powerfully-built, feature-packed system, and a mobile POS. They now have everything they need for all-encompassing, yet agile operations with the Maitre’D mobile POS system and Quest III tablets.”

“Being able to deploy a POS solution as feature-rich as Maitre’D on our Quest III tablets is a testament to the tablet’s strength and versatility,” said Craig Paritz, President of Touch Dynamic. “A mobile Maitre’D POS used on Quest III tablets makes for a great mobile POS solution for any hospitality merchant looking to add speed and efficiency to their operations.”

Posera’s launch of the Maitre’D mobile POS system on Touch Dynamic’s Quest III handheld tablets equip merchants with everything they need to run any hospitality business concept. The fully enabled Maitre’D tablets will give restaurateurs a cost-effective and secure mobile pos solution given the Quest III tablets’ EMV Level 3 certification, and overall flexibility.

Keeping servers on the floor and taking orders and payments at the table on a tablet increases final check amounts. The Quest III tablets are designed to offer ultra-low power consumption and extended battery life when in continuous operation, allowing servers the freedom to continue to use Maitre’D to take orders and payments without worrying about recharging halfway through a shift. Together, Maitre’D and the Quest III allow for easy creation and editing of menus as well as powering accurate order-taking, handling modifiers, splitting checks, and payment processing with numerous partner integrations, including PMS systems

“The Maitre’D brand has been renowned for its dependability, durability, and robustness for many years, adding mobility functionality represents a significant strategic initiative in the evolution of the Maitre’D product,” said Akash Sahai, EVP Strategy and Business Development of Posera. “The release of the Maitre’D mobile POS system addresses the needs of a changing marketplace, including the preferences of millennial restaurateurs, servers and customers. This rollout of a mobile POS, in partnership with Touch Dynamics, is a major step in Maitre’D’s journey of becoming a fully mobile POS, which we will complete with the release of our native Maitre’D Android and iOS apps for a fully functional mobile POS system in Q1 of 2020.”

##

About Posera

For over 30 years, Posera has been a leading provider of hospitality technology solutions. Posera’s suite of products manages all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

About Touch Dynamic:

Since it was founded in 2001, Touch Dynamic is an ISO 9001:2015 certified U.S.-based designer and manufacturer of all-in-one touch terminals, small form factor PCs, touch screen monitors, and mobile POS devices for a variety of industries. Touch Dynamic bases the foundation of its operations on communication with its channel partners, to better understand the challenges they face, products they require, and resources they need in order to best serve their customers.  For more information, visit www.touchdynamic.com

Media Contact

Dawn Burrell
Touch Dynamic
732-382-5701 x136
Dburrell@touchdynamic.com

Toronto, October 15, 2019 – Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, today announces an integration with TD Merchant Solutions (“TDMS”) to distribute Posera’s SecureTablePay pay-at-the-table solution, making SecureTablePay available to TDMS ISV’s and merchants across Canada.

Leveraging SecureTablePay’s integration capability with multiple point-of-sale systems, TDMS can now offer its food-service merchants an integrated pay-at-the-table solution, providing greater efficiency with real-time reconciliation to their point-of-sale (“POS”) systems.  This initiative is part of TDMS’s move to offer its merchant base the broadest forms of payment acceptance. The integration with SecureTablePay ensures a best-in-class user experience and greater security and fraud protection, to reduce instances of errors, penalties and chargebacks.

“We’re pleased to be able to offer our merchants the opportunity to complete payments more easily, efficiently and securely,” said Jennifer Ruso, Head of Product and Business Analytics at TD Merchant Solutions.  “SecureTablePay should enable servers to spend more time attending to tables and enhance the customer experience.”

The SecureTablePay solution allows the server to perform all functions of completing the payment transaction directly at the table – including pulling up the cheque, accepting and authorizing payments, and closing the table with full real-time reconciliation to the POS system.

“TD Merchant Solutions is one of North America’s largest financial institutions and a leader in the Canadian payment space, and we’re thrilled to integrate with them,” said Akash Sahai, EVP Strategy & Business Development at Posera. “With SecureTablePay, TDMS will provide their extensive merchant base with an integrated payment solution that reduces errors and increases efficiency to improve both the merchant and customer experience.”

To learn more about the SecureTablePay solution, please visit securetablepay.com.

###

About Posera

For 30 years, Posera has been a leading provider of hospitality technology. Posera’s product suite facilitates all aspects of business operations, kitchen management, payments, and manages end-to-end merchant/consumer transactions.

Posera’s full-service solutions include Maitre’D, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a POS-agnostic Kitchen Display System; and SecureTablePay, an EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick-service chains and its products have been translated into eight languages.

For more information:

Kevin Mills, Chief Financial Officer
Posera Ltd.
519.750.2325
ir@posera.com
About TD Bank Group 

The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group (“TD”). TD is the fifth largest bank in North America by branches and serves over 26 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America’s Most Convenient Bank^®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in TD Ameritrade; and Wholesale Banking, including TD Securities. TD also ranks among the world’s leading online financial services firms, with more than 13 million active online and mobile customers. TD had CDN$1.4 trillion in assets on July 31, 2019. The Toronto-Dominion Bank trades under the symbol “TD” on the Toronto and New York Stock Exchanges.

For more information:

Lynsey Wynberg, Corporate and Public Affairs
TD Bank Group
Lynsey.wynberg@td.com

London, ON September 17, 2019 – Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, and Intelligent Cellars, producer of the Alfred Procellar management smart technology, announced an integration partnership to provide hospitality merchants comprehensive cellar management technology with the Maitre’D point of sale system (“POS”).

Specifically designed for restaurant industry professionals, Alfred Pro’s technology is a smart tool that maximizes the customer experience and manages wine inventory in real-time. Intelligent Cellars‘highly specialized software boasts substantial time, waste, and cost savings, thanks to its proprietary AI-powered smart application.

“The Alfred Pro platform is an innovative and robust system for cellar management, and we are pleased to integrate it with our Maitre’D POS,” said Dan Poirier, CEO at Posera. “The addition of Intelligent Cellars’ system is another powerful tool that rounds out the Maitre’D offerings.”

The integration of Alfred Pro with Maitre’D POS means that Posera’s hospitality customers, with extensive wine collections can now have a consolidated tool to easily and swiftly manage and maintain their inventory. With the Alfred Pro software integration, Maitre’D POS users can:

• Manage each individual bottle in stock, allowing for quick access and accurate, no-waste, record-keeping.
• Protect product margins in balance sheets by automatically adjusting prices and custom margins based on real-time market values of every bottle.
• Offer their guests knowledge of the optimal tasting range for each product.
• Save time and increase efficiency of wait staff and sommelier’s alike, and in turn enhance the customer experience.

“We are excited to partner with Posera, and its flagship POS system. Maitre’D is used by several of our long-standing restaurateurs, so it was logical that we work together to provide our mutual customers an integrated solution, and reach a broader audience in the future,” saidPierre Vezina, Chief Revenue Officer of Intelligent Cellars.

The Alfred Pro cellar management system POS integration is now only available with Posera’s Maitre’D POS solution.

##

About Posera

For over 30 years, Posera has been a leading provider of hospitality technology solutions. Posera’s suite of products manage all aspects of hospitality industry merchant operations.

Posera’s full-service solutions include Maitre’D, a point-of-sale system, a robust and comprehensive system that include hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS (Kitchen Display System), a stand-alone kitchen display and monitor that facilitates kitchen management. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

About Intelligent Cellars

Specifically designed for restaurant industry professionals, Alfred Pro’s wine programby Intelligent Cellarsis a smart tool that maximizes the customer experience and manages your wine inventory using Artificial Intelligence.Alfred Pro is a great tool for the sommelier and all the team members to help spend more time with customers.

For more information:

Pierre Vézina,
Chief Revenue Officer
1.418.580.8576
pierre.vezina@intelligentcellars.com
www.intelligentcellars.com

London, ON July 22, 2019 – Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, announces the release of the newest version its Kitchen Display System (“KDS”).

Posera’s KDS is capable of 3^rd-party API integrations with virtually any point-of-sale (“POS”) system, rendering it POS-agnostic and even allowing for its use as a white-labeled product. This enables KDS customers to integrate the KDS solution as part of their kitchen technology, regardless of POS, while generating valuable real-time reporting and operational insights.

KDS’s fully customizable order display screens simplify order preparation and decrease the average time it takes to complete an order. The KDS touchscreen monitor features 35 different screen display modes, including split, compact, recipe, and summary screens. The latest release offers new functionalities such as station routing, meal coursing and pacing, guest paging, and enhanced real-time activity data and alerts, all features in demand by kitchens across food-service establishments.

“KDS’s success for quick service, fast casual, table dining, and c-stores inspired us to develop additional innovative features to best serve these markets and led us to launch our KDS as a stand-alone product,” said Dan Poirier, Posera’s Chief Executive Officer.“Because our KDS integrates seamlessly into an existing kitchen’s workflow, it is able to deliver significant operational and cost efficiencies. Posera’s KDS drives increased kitchen throughput, improved order speed and accuracy while eliminating printers and paper-based kitchen tickets, directly increasing our customers’ top and bottom lines.”

Currently, over 7,500 Posera KDS units are improving communications between the front and back-of-house in restaurants and c-stores world-wide. Hospitality industry operators using KDS enjoy paperless ticket processing, greater efficiency, accuracy, and redundancy for uninterrupted service, automatically routing and rerouting orders, leading to simplified kitchen management.

Please visit Posera at booth 807, at RetailNOW2019, July 28-31 in San Antonio. Attendees will have a chance to see a demonstration of these new KDS features firsthand.

###

About Posera

For 30 years, Posera has been a leading provider of hospitality technology. Posera’s product suite facilitates all aspects of business operations, kitchen management, payments, and manages end-to-end merchant/consumer transactions.

Posera’s full-service solutions include Maitre’D, a point-of-sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a POS-agnostic Kitchen Display System; and SecureTablePay, an EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick-service chains and its products have been translated into eight languages.

For more information:

Kevin Mills, Chief Financial Officer
Posera Ltd.
519.750.2325
ir@posera.com

LONDON, ON, July 15, 2019 – Posera Ltd. (TSX: PAY), a leading software technology provider for the hospitality industry, is pleased to announce the release of an all-new user interface (“UI”) for its Maitre’D point-of-sale (“POS”) system.

Celebrating its 30^th anniversary in 2019, Maitre’D POS has supported all facets of restaurants’ operations in over 20,000 restaurants, across more than 20 countries. The Maitre’D platform allows for easy creation and editing of menus as well as powering accurate order-taking, handling modifiers, splitting checks and payment processing with numerous PMS and other partner integrations that facilitate the needs of every hospitality concept.

The new UI, specifically designed for Maitre’D version 7.08, features a contemporary design that optimizes screen real-estate with an emphasis on sleeker aesthetics and personalized menu images allowing for more efficient user navigation. New operational highlights include interactive maps for the delivery module and per-guest detailed table order itemization for faster, error-free payment reconciliations. The Maitre’D Back-Office UI has also received a refresh, with employee management, cost-tracking, and comprehensive insights all currently available in a new, intuitive graphic user interface.

“We are very excited about releasing a new UI for Maitre’D.  It is a significant update and upgrade to the visual composition of Maitre’D,” said Dan Poirier, CEO at Posera. “We were inspired by feedback from Posera’s merchant-base and Maitre’D’s international reseller network, in our continued mission of providing the best full-service restaurant management system. Our newest release achieves the goal of improving end-user experience and increasing productivity while providing the robust front-of-house capabilities and back-of-house analytics that our customers depend on to operate their businesses.”

The new Maitre’D POS interface will be unveiled and available for demonstration at RSPA RetailNOW 2019, in San Antonio, Texas, between July 29-31. Please visit Posera at booth #807.

##

About Posera

For over 30 years, Posera has been a leading provider of hospitality technology. Posera’s product suite manages merchant transactions with consumers and facilitates all aspects of the business operations, kitchen management, and payment transaction.

Posera’s full service solutions include: Maitre’D, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay, an EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains, and independent table service restaurants to international quick-service chains and its products have been translated into eight languages.

For more information:

Kevin Mills, Chief Financial Officer
Posera Ltd.
519.750.2325
ir@posera.com

Toronto, ON – May 15^th, 2019 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of hospitality software and payment solutions, today announced its financial results for the three-months ended March 31^st, 2019.

Financial Results

During the three-months ended March 31, 2019, Posera reported total revenues of $2.01 million compared to total revenues of $2.74 million for the three-months ended March 31, 2018. The $0.73 million or 26.8% reduction in total revenues was driven by a particularly strong performance in the prior year comparative quarter when the Company completed the delivery of a significant order for its Kitchen Display System (“KDS”) product line, as well as multiple large Maitre’D installations in the Company’s US operations.

Despite lower total revenue, Posera increased its recurring revenue by 4.7% to $0.80 million during the first quarter of 2019, compared to the $0.77 million of recurring revenue during the comparable first quarter of 2018. The increase resulted from the annual support and maintenance contracts on its growing KDS customer base. The Company’s revised strategy with respect to its KDS product line, to sell it as a standalone product rather than solely as a complementary product to Maitre’D, has contributed to a broader customer base and increased revenues, another of Posera’s key strategic areas of focus.

Posera incurred a normalized EBITDA loss of $0.57 million for the three-months ended March 31, 2019 compared to a normalized EBITDA loss of $0.55 million for the three-months ended March 31, 2018. Although the Company continued to reduce controllable operating costs relating to technology, sales and marketing and general and administrative expenses, the marginal increase in the normalized EBITDA loss during the first quarter of 2019 was driven primarily by the decrease in revenues generated.

Conference Call Information

The Company will hold a conference call at 12:00 PM Eastern Standard Time on Thursday, May 23^rd, 2019 to discuss the financial results for the three-months ended March 31^st, 2019.  The call will be hosted by Dan Poirier, Chief Executive Officer and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS
Date: Thursday, May 23^rd, 2019
Time: 12:00 PM Eastern Standard Time

Participant Dial-in Numbers:
Local – Toronto (+1) 647-427-7450
Toll Free – North America (+1) 888-231-8191
Conference ID: 2461489

Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 20 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: Maitre’D^®, a point-of-sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay^®, an EMV compliant pay-at-the-table solution. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains, and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

 Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on April 1^st, 2019 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

Montreal, QC – April 15, 2019 – Posera Ltd. (TSX: PAY) (“Posera” or the “Company”), a leading provider of hospitality software and payment solutions, is announcing the appointment of Devon MacDougall as Director of Technology.

“We are excited to have Devon join Posera,” said Mr. Dan Poirier, Posera’s Chief Executive Officer. “We believe Devon will be able to leverage his previous experience from military to telecommunications to automation to guide the development of Posera’s product portfolio into the future.”

Mr. MacDougall began his career as a software engineer at Lockheed Martin Corporation where he developed naval training simulators and underwater combat systems. Transitioning to the telecom industry, Mr. MacDougall lead multiple local and remote software development teams at Ericsson and most recently, was responsible for project management within the SDK Integration product group at Genetec Inc. Mr. MacDougall has a bachelor’s degree in Software Engineering, and a Master of Business Administration, both from Concordia University in Montreal, Quebec.

“In software, you find new and innovative ways to solve problems every day. That’s one of the things I love about creating software. I’ve been fortunate to be in involved in world-class projects for over a decade, spanning Waterfall, Agile, and Kanban methodologies,” said Mr. MacDougall. “I am delighted to join Posera as the Director of Technology and to have the opportunity to help shape the future of Posera’s products.”

More information about Posera can be found on the company’s website at posera2.forcefivedev.ca or under the company’s profile on SEDAR at www.sedar.com.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the business operations, kitchen management, and payment transaction.

Posera’s full service solutions include: Maitre’D, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay, an EMV compliant pay-at-the-table application. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Kevin Mills,
Chief Financial Officer,
Posera Ltd.,
519.750.2325
ir@posera.com

Toronto, ON – April 1st, 2019 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of hospitality software and payment solutions, today announced its financial results for the three-months and year-ended December 31st, 2018.

Financial Results
During the year-ended December 31, 2018, Posera reported total revenues of $9.98 million compared to total revenues of $10.67 million for the year-ended December 31, 2017. The $0.7 million reduction was mainly driven by the divestiture of negative margin businesses, Biz Pro and A&A Point of Sales Solutions, both of which took place in the third quarter of 2017.

Posera increased its recurring revenue to $3.18 million, compared to the $3.07 million of recurring revenue during 2017, primarily as a result of the annual support and maintenance contracts on its KDS sales. The Company achieved increases in both the Kitchen Display System (“KDS”) and SecureTablePay (“STP”) product lines during 2018 and continues to focus on its recurring revenue model of stable, predictable recurring revenue streams.

Posera incurred a normalized EBITDA loss of $1.58 million for the year ended December 31, 2018 compared to a normalized EBITDA loss of $1.35 million for the year-ended December 31, 2017. Although the Company continued to reduce operating costs in technology, support, sales and marketing related expenses, the increase in the normalized EBITDA loss during 2018 was driven by a decrease in revenue and the one-time event of a loss allowance incurred by the Company on the outstanding note payable.

Key Annual Achievements

• STP announced a rollout with its first major US corporate customer during 2018 and the Company recorded additional STP sales from new customers in the United States, providing further confidence in the viability of its pay-at-the-table solution for the U.S. market;
• In 2018, Posera launched its DataBoard–Advanced Reporting service product, a web-reporting tool that provides real-time, cloud-hosted, sales and management data. This represents a significant enhancement to its platform offerings and addresses customers’ requirement for cloud-based products.
• KDS revenues increased by just over 20% in 2018 compared to 2017 on successful deployments with a major US customer; and
• Management continued to focus on reducing its controllable costs which resulted in the exit of the higher-cost, long-term lease for its corporate office location in London, Ontario, in favour of a smaller, cost-effective and flexible office space arrangement. As a result, the on-going facility costs for the Company’s corporate office employees have been reduced by more than 50% during the third and fourth quarters of 2018, however the Company incurred a break-fee of approximately $190,000 to end the lease early .

Note Receivable
In 2018 the Company provided a $2,200,000 secured credit facility loan to DLT Labs Inc. The note receivable currently remains outstanding and as a result management has recorded a loss allowance of $592,158 based on a probability weighted default model as of Dec. 31, 2018. The full balance of $2,295,349 (including interest) remains owing and is secured by core assets of the borrower.

Strategic and Financial Review
During 2018 the Company received unsolicited third-party offers for all or parts of Posera. To assess the merits of these offers the Company has hired a strategic financial advisor to engage with the parties interested in Posera as well as explore other potential strategic opportunities to maximize shareholder value. Exploring these offers as well as engaging financial advisors resulted in significant legal and professional fees to review incurred by the Company in 2018. There can be no assurances that a transaction will be consummated.

Conference Call Information
The Company will hold a conference call at 2:00 PM Eastern Standard Time on Monday, April 8th, 2019 to discuss the financial results for the three -months and year-ended December 31st, 2018. The call will be hosted by Dan Poirier, Chief Executive Officer and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS
Date: Monday, April 8th, 2019
Time: 2:00 PM Eastern Standard Time

Participant Dial-in Numbers:
Local – Toronto (+1) 647-427-7450
Toll Free – North America (+1) 888-231-8191
Conference ID: 6889179
Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

###

Quarterly Highlights
• Total revenue for the three-months ended December 31, 2018 was $2,554,085;
• Recurring revenue(2) for the three-months ended December 31, 2018 was $767,729; and
• Normalized EBITDA(1) adjusted for discontinued operations profit (loss) for the three-months ended December 31, 2018 was a loss of $187,015.

Annual Highlights
• Total revenue was $9,984,120 for the year-ended December 31, 2018;
• Recurring revenue(2) adjusted for discontinued operations for the year-ended December 31, 2018 was $3,176,128; and
• Normalized EBITDA(1) adjusted for discontinued operations for the year-ended December 31, 2018 was a loss of $1,582,271.

(1) Amount presented applies the retrospective presentation to exclude discontinued operations for the FingerPrints transaction as discussed in the Company’s Annual MD&A on Pages #10-11.
(2) See the Recurring Revenues section of this MD&A which highlights the difference between the historical and new method for recording recurring revenues.

About Posera
Posera has been a leading provider of hospitality technology for more than 20 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include: Maitre’D, a point-of-sale system which offers a robust and
comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay, an EMV compliant pay-at-the-table solution.
Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and
independent table service restaurants to international quick service chains, and its products have been translated into eight languages.
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements
This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on April 1st, 2019 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:
Kevin Mills, Chief Financial Officer
1.519.750.2325
kmills@posera.com
posera2.forcefivedev.ca

JACKSONVILLE and TORONTO — March 11, 2019 — PAX Technology Inc. (HKSE stock code: 00327.HK), a leading international supplier of secure electronic payment terminal hardware and transactional software services, and Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, announce today that PAX’s Android payment terminals will be available in the U.S. market with the SecureTablePay solution.

The PAX A920 is the world’s first tablet mobile terminal; it is an Android- powered device that is supported by the PAXSTORE open software distribution platform, which allows payment service providers to create and manage their own independent app marketplaces. SecureTablePay’s pay-at-the-table software is now integrated to the PAX A920.

SecureTablePay’s EMV-enabled pay-at-the-table solution gives customers the peace of mind of added security as the payment device is brought to them at the table. Customers can safely and easily use their chip cards, with either a PIN or signature, right from their seats. Ensuring security and faster more convenient checkouts makes paying at the table with wireless terminals the ideal approach to satisfy hospitality customers.

“By adding convenience, new payment options and better security to the payment experience, today’s modern restauranteurs will easily recognize value from utilizing Posera’s new SecureTablePay product,” said Patty Walters, SVP of Security and Services at PAX Technology. “By working together to integrate the SecureTablePay solution into the PAX A920, we have created a winning combination of function, ease of use and security; completely removing the POS software from PCI scope, an additional benefit critically important to every restaurant.”

The A920 comes with a 5-inch high definition tablet color display and a fast, thermal printer that is neatly hidden below to maximize screen usage for customer-facing transactions. Coupled with the SecureTablePay’s multichannel-ready capabilities with Bluetooth, wire, and 4G LTE, the integration takes every step to ensure a more user-friendly, versatile, yet more secure table restaurant experience.

“PAX Technology is a true innovator in the global electronic payments space, and we’re very excited to be partnering with them,” said Akash Sahai, EVP, Strategy and Business Development at Posera. “PAX A920 is a great combination of form and function, and its sleek design marries perfectly with SecureTablePay’s own contemporary graphic user interface. The combined technologies’ operational and security capabilities ensure the utmost convenience for merchants, servers, and guests.”

The PAX and SecureTablePay partnership brings to the merchant a wide range of advanced connectivity options, as well as inbuilt NFC contactless, electronic signature capture and massive amounts of memory to enable exceptionally fast processing of payments – creating the ideal pay-at-the-table solution for restaurants when it comes to security, efficiency, customer convenience and resulting profitability.

###

About PAX Technology Inc.

PAX Technology is an innovative global provider of electronic payment solutions, offering world-class, cost-effective and superior quality products. Building on its service excellence and proven leadership position, PAX is one of the largest payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners. PAX is listed on the Hong Kong stock exchange as PAX Global Technology Ltd. (00327.HK).

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay, an EMV compliant pay-at-the-table application; Maitre’D, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Heather Hatch, VP Business Development

1.904.900.3741 ext. 322

Heather.hatch@pax.us

www.pax.us

Kevin Mills, Chief Financial Officer

1.519.434.8017

ir@posera.com
posera2.forcefivedev.ca

Expanded offer provides solutions providers and enterprise-level merchants more control over payments experience, increasing potential revenue

TORONTO, ONTARIO — October 11, 2018 — Posera Ltd. (TSX: PAY) (“Posera” or the “Company”), a global provider of hospitality software and payment solutions, announced that effective today, Mr. Tom McCole has been appointed Chairman of the Board of Directors.

Mr. McCole has extensive industry experience including: mergers & acquisition, software development, payment gateways, merchant acquiring, retail/restaurant mobile POS, and aisle retail omni-commerce. Previously, as Director of Strategy and Partnerships reporting directly to the CEO of Heartland Payments, Mr. McCole was responsible for developing the restaurant management software acquisition rollup strategy for Heartland that led to Heartland’s acquisition of several notable hospitality point-of-sale systems such as Xpient, Digital Dining, PC America and Dinerware, and that eventually led to the sale of Heartland to Global Payment Systems for $4.3 billion USD in 2016. Numerous other merchant acquirers, private equity firms, and large merchant services providers have successfully emulated the Heartland point-of-sale system rollup strategy.

Mr. McCole is the President of POSophist Inc., a POS and payments technology go-to-market business development and strategy advisor in the United States, Canada, and Asia. Formerly, Mr. McCole was VP of Gateway Services for Hypercom (acquired by Verifone in the United States and Ingenico in Europe), VP of Mobile Payments for Transaction Network Services’ EVP for NBS (now known as Equinox – a Brookfield company), and the founder and CEO of Atomic Software (a payment software and gateway service which was ultimately acquired by Verifone).
Mr. McCole has been an independent director on Posera’s Board since January 2017. During that time Mr. McCole has provided access to many senior industry executives in the industry in addition to guidance and support to Posera’s management team in its effort to build and launch SecureTablePay in the US. Mr. McCole was also the Board member on the Posera team that led the successful divestment of the FingerPrints business.
Mr. McCole replaces Mr. Edwin Nordholm who had been appointed Interim Chairman in May 2018.
More information about Posera can be found on the company’s website at posera2.forcefivedev.ca or under the company’s profile on SEDAR at www.sedar.com.

###

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the business operations, kitchen management, and payment transaction.

Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Forward-Looking Statements
This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 28th, 2018 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

Kevin Mills, Chief Financial Officer
Posera Ltd.
519.434.8017
ir@posera.com

Toronto, ON – August 14th, 2018 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of hospitality software and payment solutions, today announced its financial results for the three and six months ended and June 30th, 2018.

During the three months ended June 30, 2018, Posera reported total revenues of $2.4 million compared to total revenues of $2.7 million in the prior quarter. Year-to-date, for the six months ended June 30, 2018, total revenues increased 0.1% to $5.1 million when compared to the six months ended June 30, 2017.

The Company is pleased to report growth of 6.9% in its recurring revenues for the first six months of fiscal 2018, to over $1.4 million, compared to the first six months of fiscal 2017. The Company’s gross profit percentage, was relatively flat at 41%, compared to 42% in the same period in 2018, notwithstanding the growth in the Kitchen Display Systems (KDS) business, which typically has lower margins as it is more hardware intensive. Management continues to be encouraged in the growth of the KDS product line, particularly in growth of KDS sales to non-Maitre’D customers, with sales of 248 KDS units in Q2 2018, a growth of 28% over the same period last year.

Normalized EBITDA improved by 6% between the consecutive quarters, to a loss of $0.5 million, as result of lower costs of inventory and lower operating expenses. Posera recognized a net loss from continuing operations² for the three months ended June 30, 2018 of $0.9 million, an improvement of 2% from the three months ended March 31, 2018.

1. Total Revenue excludes the discontinued operations for the FingerPrints transaction as previously discussed on Page #4 of the Company’s Management Discussion and Analysis (MD&A) for the three and six-months ended June 30, 2018.

2. Normalized EBITDA adjusted to exclude discontinued operations: Posera’s management defines Normalized EBITDA adjusted for discontinued operations as EBITDA adjusted for discontinued operations above less certain one-time non-recurring expenditures, and non-cash stock-based compensation expense.

###

Quarterly Highlights

• Total revenues¹ for the three-months ended June 30, 2018 was $2,352,937 compared to $2,954,903 for the three months ended June 30, 2017 and compared to $2,742,337 for the three months ended March 31, 2018;
• Total revenues¹ for the six months ended June 30, 2018 was $5,095,274 compared $5,088,415 for the six months ended June 30, 2017;
• Recurring revenues¹ for the three months ended June 30, 2018 were $735,423, an increase of 8% compared to $680,852 for the three months ended June 30, 2017, and an increase of 9% compared to $675,559 for the three months ended March 31, 2018;
• Net loss² for the three months ended June 30, 2018 was a loss of $902,438, a 2.4% improvement compared to $924,709 for the three months ended June 30, 2017, and a 1.6% improvement compared to $917,082 for the three months ended March 31, 2018;
• Normalized EBITDA² loss for the three months ended June 30, 2018 was a loss of $512,181, compared to a positive normalized EBITDA of $102,832 for the three months ended June 30, 2017, and compared to a normalized EBITDA loss of $547,177 for the three months ended March 31, 2018; and
• Normalized EBITDA² loss for the six months ended June 30, 2018 was a loss of $1,059,358, compared to a normalized EBITDA loss of $754,888 for the six months ended June 30, 2017.

1. Amount presented applies the retrospective presentation for discontinued operations for the FingerPrints transaction as discussed in the Company’s MD&A on Page #4 for the three and six-months ended June 30, 2018.

2. Presentation of these amounts include the results from discontinued operations as discussed on Page #4 of the Company’s MD&A for the three and six-months ended June 30, 2018.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: Maitre’D®, a point of sale system which offers a robust and
comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; KDS, a Kitchen Display System that is now available as a standalone product; and SecureTablePay®, an EMV compliant pay-at-the-table application.
Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 28th, 2018 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:
Kevin Mills, Chief Financial Officer
1.519.434.8017
ir@posera.com

posera2.forcefivedev.ca

Toronto – June 26^th, 2018 – (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, is pleased to announce the results of the Company’s 2018 annual meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 25, 2018. Posera is listed on the TSX under the symbol “PAY”.

At the Meeting, all director nominees listed in the Company’s management information circular dated May 24^th, 2018 were elected as directors of the Company. The detailed results of the vote by ballot are as follows:

In addition, at the Meeting, shareholders reappointed PricewaterhouseCoopers LLP, as auditors of the Company.

The Company also has posted the presentation from the annual meeting of shareholders on its Company website posera2.forcefivedev.ca in the Investor Relations section.

The formal report of voting results with respect to all matters voted upon at the Meeting was filed on SEDAR at www.sedar.com.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s  full  service  solutions  include:  SecureTablePay^®,  an EMV  compliant  pay-at-the-table application; Maitre’D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 28^th, 2018 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.519.434.8017

kmills@posera.com

posera2.forcefivedev.ca

The Integrated Payment Solution Will Provide Added Value for Restaurateurs

ALLENTOWN, Pa. and TORONTO – June 21, 2018– Shift4 Payments, the leader in secure payment processing solutions, and Posera Ltd. (TSX:PAY), a leading provider of software solutions for the hospitality industry, today announced they have expanded their EMV-certified integration to include a full merchant services offering. This integrated payment solution now provides Posera customers with everything they need to process fast, reliable and secure payments, all for the lowest total cost.

Shift4’s complete payment solution is integrated into Posera’s full-featured Maitre’D point-of-sale solution to provide users with a secure payment gateway, P2PE-enabled EMV devices and full merchant services. This all-in-one solution combines all the pieces of the payment process into a single, all-inclusive program for a superior payment experience.

“We are very proud to partner with Posera to deliver our complete payment solution to their customers,” said Jared Isaacman, CEO of Shift4 Payments. “Maitre’D users can now benefit from a fully integrated payment solution that delivers superior security, reliability, speed and functionality while reducing total costs and streamlining the payments process.”

“Our integration with Shift4 Payments already allows us to offer our merchant customers the most advanced and secure payment technologies,” said Dan Poirier, CEO of Posera Ltd. “The addition of the merchant services program now makes it possible to reduce their costs even further while enjoying many new benefits.”

Restaurant operators interested in this new solution can contact Shift4 Payments at 800.265.5795 or sales@shift4.com.

More information about Posera can be found on the company’s website at posera.com or under the company’s profile on SEDAR at sedar.com.

About Shift4 Payments

Shift4 Payments is the leader in secure payment processing solutions, powering the top point-of-sale and software providers across numerous verticals, including Food & Beverage, Hospitality, Lodging, Gaming, Retail, and e-Commerce. This includes the company’s Harbortouch, Restaurant Manager, POSitouch, and Future POS brands, as well as over 300 additional software integrations in virtually every industry. With eight offices across the U.S. and Europe, 7,000 sales partners, and three state-of-the-art data centers, the company securely processes over 1 billion transactions annually for nearly 200,000 businesses, representing over $100 billion in payments each year. For additional information, visit www.shift4.com.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay^®, an EMV compliant pay-at-the-table application; Maitre’D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Media Contacts

Nate Hirshberg
AVP, Marketing
Shift4 Payments
888.276.2108 x1107
nhirshberg@shift4.com

Kevin Mills
Chief Financial Officer
Posera Ltd.
519.434.8017
ir@posera.com

TORONTO, ON – Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, and ScanSource, Inc. (NASDAQ: SCSC), a global provider of technology products and solutions, announced today a partnership that makes POS Portal, a ScanSource Company, the primary distribution partner of Posera’s pay-at-the-table solution, SecureTablePay®.

SecureTablePay makes it possible for customers to pay their restaurant bill directly at the table via easy, efficient, secure, and EMV-compliant transactions, while enhancing the customer experience. This solution allows the server to perform all functions of completing the payment transaction directly at the table – including pulling up the check, accepting and authorizing payment, and closing the table with full reconciliation to the point-of-sale (POS). As customers’ credit and debit cards never leave their possession, SecureTablePay also improves security and fraud protection.

With a broad distribution channel, POS Portal will be instrumental in successfully deploying and supporting SecureTablePay in the U.S. market. “We always have an eye out for what’s happening next,” said Kevin Kent, Director of Channel Development for POS Portal. “Our channels have been asking for a pay-at-the-table solution that is easily integrated and includes a wide array of functionality,” said Kent.

Serving partners in the payments industry for almost 20 years, POS Portal is equipped to configure and deliver all the necessary hardware components for SecureTablePay. POS Portal also offers front-line support, troubleshooting, and replacement services for payments hardware regardless of the independent software vendor (ISV) or processor used.

“POS Portal is the ideal distribution partner for SecureTablePay as they have multiple key injection facilities across the U.S.,” said Akash Sahai, EVP, Strategy and Business Development for Posera. “SecureTablePay works with most leading payment processors and is integrated to 25 of the leading restaurant management systems. Given that POS Portal also works with the leading processors and ISVs, POS Portal is a perfect fit to distribute SecureTablePay,” added Sahai.

Certified with several leading processors, including Vantiv (now Worldpay), SecureTablePay allows restaurants to now adopt a next-generation solution that allows operators to upgrade card security, gain server efficiency, enhance patron experience, and limit chargebacks. As a partner with a proven track record of successfully helping payment innovators deliver cohesive solutions to market, POS Portal has made adopting SecureTablePay fast and easy.

About POS Portal
Since 2000, POS Portal has been changing the payments industry. As a leading distributor of credit card terminals and supplies, POS Portal is pioneering the way in logistics and distribution for secure payment devices. Having one of the most extensive libraries of injection keys and over 17 years of strategic relationships with gateways, processors, and terminal OEMs, POS Portal has the resources needed to always deliver secure devices preconfigured just the way our partners need them. With two Key Injection Facilities (KIF), POS Portal deploys devices direct to businesses nationwide. At POS Portal we’re committed to providing exceptional service to the point-of-sale industry through mutually beneficial, long-lasting relationships. In 2017, POS Portal was acquired by ScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions. For additional information, please visit http://www.posportal.com or call 1-866-940-4POS (4767).

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer
1.519.434.8017
ir@posera.com

posera2.forcefivedev.ca

Brooke Turner, Product Marketing Manager
1.916.993.4241
bturner@posportal.com

Toronto, ON – March 28th, 2018 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software and payment solutions for the hospitality industry, today announced its financial results for the three-months and year-ended December 31st, 2017.

For the year-ended December 31, 2017, Posera recognized $10,674,447 in revenue, an increase of $1,152,314 or 12% when compared to $9,522,133 for the year-ended December 31, 2016. For the three-months ended December 31, 2017, Posera recognized $3,327,865 in revenue an increase of $1,468,038 (79%) from $1,859,827 for the three-months ended December 31, 2016 and an increase of $1,069,699 (47%) from $2,258,166 for the three-months ended September 30, 2017.

During the year of 2017 Posera achieved several noteworthy milestones including: the divestment of its FingerPrints business, the launch of its KDS (“Kitchen Display System”) solution as a separate business, the growth of Maitre’D sales in the hotel industry, and the completion of certification with several major processors of its SecureTablePay product. “2017 was a very positive and eventful year for Posera”, said Dan Poirier, CEO of Posera. “We continued to rightsize and streamline the business, while at the same time growing our sales and installed base for Maitre’D, and introducing new products to the industry in KDS and SecureTablePay. We believe the company is well-positioned for the market, and look forward to growing a strengthened Company in 2018.”

In September 2017, Posera completed an asset sale of its FingerPrints point-of-sale (POS) business, to SICOM Systems, Inc., for $12.2M in cash consideration, which after post-closing adjustments resulted in a final gain on the disposal of $10,912,935. This divestment improved Posera’s balance sheet, was a catalyst on the road to profitability, and allowed Posera to strategically focus on its three core products: Maitre’D (POS software), KDS (kitchen display system), and SecureTablePay (pay-at-the-table solution).

During the third quarter of 2017, Posera also announced the launch of its KDS solution as a standalone offering from the Maitre’D POS platform for integration with third-party point-of-sale and restaurant management solutions. Posera is pleased to report that it has achieved significant traction with the strategy to decouple the KDS product from Matire’D with a significant order from an American customer with installations scheduled into fiscal 2018, and during the three-months ended December 31, 2017, the Company sold 1,656 KDS units, representing an increase of 1,579 units compared to the three months-ended December 31, 2016 and an increase of 1,432 units compared to the three months-ended September 30, 2017.

The Maitre’D POS solution continued to excel in non-traditional-restaurant hospitality sectors such as hotels, casinos, and assisted care living. Specifically, Maitre’D sales in the European market grew approximately 45% year-over-year for fiscal 2017. To fuel this growth, Posera completed certifications with three leading property management systems deployed by major hotel brands globally. Combined with the recently announced Shift4 certification, Posera is confident that it can replicate the European success in North America as well in 2018.
Posera completed certification of SecureTablePay with three of the largest US processors, Vantiv, Heartland and First Data, and continues to work towards certification with several other leading processors. After completing these certifications, Posera commenced pilots with all three of the above leading processors at locations across the United States, and will launch SecureTablePay during the 2018 calendar year.

During the year-ended December 31, 2017, the Company recorded a $10,912,935 gain on the divestment of FingerPrints and other minor assets, and a loss on discontinued operations of $1,881,926. As a result, net income for the year-ended December 31, 2017 was $6,179,568, an improvement of $9,860,516 from a loss of $3,680,948 for the year-ended December 31, 2016. Net loss from continuing operations for the year-ended December 31, 2017 was a loss of $2,851,441, an improvement of $2,234,129 compared to the loss of $5,085,570 for the year-ended December 31, 2016.

Posera experienced a normalized EBITDA(1,2) loss adjusted for discontinued operations for the year-ended
December 31, 2017 of $1,354,734, representing a $294,458 (18%) improvement from a loss of $1,649,192
for the year-ended December 31, 2016.

(1) EBITDA adjusted for discontinued operations: Posera’s management defines EBITDA as Net Income before interest expense, interest income, income taxes (excluding certain investment tax credits and other government assistance), amortization of capital and intangible assets, realized and unrealized exchange gain or loss, impairments and gains or losses on held for trading financial instruments, gains or losses from discontinued operations and other gains or losses on disposition of assets or extinguishment of liabilities.

(2) Normalized EBITDA adjusted for discontinued operations: Posera’s management defines Normalized EBITDA adjusted for discontinued operations as EBITDA adjusted for discontinued operations above less certain one-time non-recurring expenditures, and non-cash stock-based compensation expense.

Conference Call
The Company will hold a conference call at 2:00 PM Eastern Standard Time on Tuesday, April 3rd, 2018,
to discuss the financial results for the three-months and year-ended December 31st, 2017. The call will be
hosted by Loudon Owen, Chairman; Dan Poirier, Chief Executive Officer; and Kevin Mills, Chief Financial
Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS
Date: Tuesday, April 3rd, 2018
Time: 2:00 PM Eastern Standard Time
Participant Dial-in Numbers:
Local – Toronto (+1) 647-427-7450
Toll Free – North America (+1) 888-231-8191
Conference ID: 5985223

An archive of the conference call will be available by visiting the Company’s website at
posera2.forcefivedev.ca/investor-relations. Please connect at least 10 minutes prior to the conference call to
ensure time for any software download that may be needed to hear the webcast.

###

Quarterly Highlights
• Total revenue(1) was $3,327,865 for the three-months ended December 31, 2017, an increase of
$1,468,038 (79%) from $1,859,827 for the three-months ended December 31, 2016 and an increase of
$1,069,699 (47%) from $2,258,166 for the three-months ended September 30, 2017;
• Recurring revenues(1) adjusted for discontinued operations for the three-months ended December 31,
2017 were $687,536, was relatively flat compared to recurring revenues of $676,396 for the threemonths
ended December 31, 2016, and relatively unchanged from recurring revenues of $699,120 for
the three-months ended September 30, 2017; and
• Normalized EBITDA(2) adjusted for discontinued operations profit (loss) for the three-months ended
December 31, 2017 was a loss of $349,881, which was an improvement compared to a loss of $753,671
for the three-months ended December 31, 2016, and an improvement compared to the loss of $356,839
for the three-months ended September 30, 2017.
Annual Highlights
• Total revenue(1) was $10,674,447 for the year-ended December 31, 2017, an increase of $1,152,314
(12%) from $9,522,133 for the year-ended December 31, 2016;
• Recurring revenues(1) adjusted for discontinued operations for the year-ended December 31, 2017 were
$2,706,141, a slight decrease of $192,107 (7%) from recurring revenues of $2,898,248 for the yearended
December 31, 2016; and
• Normalized EBITDA(2) adjusted for discontinued operations for the year-ended December 31, 2017 was
a loss of $1,354,734, a decrease in the loss of $294,458 (18%) from a loss of $1,649,192 for the yearended
December 31, 2016.

(1) Amount presented applies the retrospective presentation for discontinued operations for the Zomaron and FingerPrints transactions as discussed in this MD&A on Page #3-5 of the Company’s Management Discussion and Analysis for the year and thre months ended December 31, 2017.

(2) Presentation of these amounts include the results from discontinued operations as discussed on Page #3-5 of the Company’s Management Discussion and Analysis for the year and three-months ended December 31, 2017.

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant
transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application;
Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware
integration services, merchant staff training, system installation services, post-sale software and hardware
customer support; and KDS, a Kitchen Display System that is now available as a standalone product.
Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and
independent table service restaurants to international quick service chains and its products have been
translated into eight languages.
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the
Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements
This discussion includes certain forward-looking statements that are based upon current expectations,
which involve risks and uncertainties associated with our business and the environment in which the
business operates. Any statements contained herein that are not statements of historical facts may be
deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”,
“estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its
management. The forward-looking statements are not historical facts, but reflect Posera’s current
expectations regarding future results or events. These forward-looking statements are subject to a number
of risks and uncertainties that could cause actual results or events to differ materially from current
expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information
Form to be filed on March 28th 2018 with the regulatory authorities. Posera assumes no obligation to update
the forward-looking statements, or to update the reasons why actual results could differ from those reflected
in the forward-looking statements, unless required by law.

For more information:
Kevin Mills, Chief Financial Officer
1.519.434.8017
kmills@posera.com
posera2.forcefivedev.ca

TORONTO, February 28, 2018 – Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, announced today that SecureTablePay, its new pay-at-the-table solution for the hospitality sector, is available through Vantiv, now Worldpay’s Integrated Payments POS reseller channels in the U.S.

SecureTablePay makes it possible for customers to pay their restaurant bill directly at the table via easy, efficient, secure, and EMV-compliant transactions, while enhancing the customer experience by giving servers more time to spend with customers. This solution allows the server to perform all functions of completing the payment transaction directly at the table – including pulling up the check, accepting and authorizing payment, and closing the table with full reconciliation to the point-of-sale (POS). As customers’ credit and debit cards never leave their possession, SecureTablePay also improves security and fraud protection. Together, these capabilities achieve an optimal balance between higher efficiency and enhanced security.

“With our open architecture model and wide presence in the U.S., we are able to deliver adaptable payment options through innovations like SecureTablePay,” said Matt Downs, head of channel and business development at Worldpay. “As new technologies are developed, we’re there to bring the future of payments to our merchant’s fingertips.”

Merchants on the Worldpay network in the U.S. who need an EMV solution will now be able to obtain SecureTablePay to increase their security and efficiency. Regardless of the POS system they use, merchants can easily implement SecureTablePay into their current systems, as SecureTablePay is essentially a universal solution, already integrated with many of the leading POS systems available in the market.

“Posera is proud to provide Worldpay with a pay-at-the-table solution for their merchants as we share Worldpay’s commitment to delivering innovative technology to hospitality clients,” said Akash Sahai, EVP, Strategy and Business Development, Posera. “Experience in other markets affirms that once customers and merchants experience the simplicity and efficiency of paying directly at the table, this will become the standard that customers will demand and Worldpay will be there to meet that demand with SecureTablePay,” added Sahai.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay^®, an EMV compliant pay-at-the-table application; Maitre’D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information: Kevin Mills, Chief Financial Officer

1.519.434.8017

ir@posera.com
posera2.forcefivedev.ca

TORONTO, December 22, 2017 – Posera Ltd. (the “Company”) (TSX: PAY), a leading provider of software solutions for the hospitality industry, is issuing a press release in response to recent trading activity in its shares. The Company is not aware of any material undisclosed corporate developments and has no material information or change to report at this time. The Company will keep the market informed as required.

Blockchain Joint Venture

As previously announced in a press release dated October 20, 2017, the Company has entered into a joint venture arrangement with DLT Labs Inc., a private global leader in the development and implementation of Blockchain solutions for enterprises, to deliver Blockchain technology into the hospitality POS ecosystem including developing a real-time transaction and inventory management system. The parties are currently pursuing this business opportunity.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer
1.519.434.8017
ir@posera.com posera2.forcefivedev.ca

TORONTO, December 14, 2017 – Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, announced today the completion of certification with First Data, a global leader in commerce-enabling technology, for Posera’s pay-at-the-table solution, SecureTablePay^®.

SecureTablePay is a middleware software solution that allows customers to pay-at-the-table in an easy, efficient, secure, and EMV compliant manner. With SecureTablePay, the server only needs to go to the POS workstation once – to place the order. Pulling up the check, accepting and authorizing payment, and closing the table with full reconciliation to the POS is done directly at the table. This allows the server to spend more time on the floor with customers. It also means the credit or debit card never leaves the customer’s hands, increasing security and reducing opportunity for fraud. These capabilities create the perfect balance of greater security and increased efficiency.

“We are very excited about our certification with First Data. As it is the largest payment processor worldwide, and given their great distribution network and so many different channels, First Data has the ability to make SecureTablePay easily accessible to merchants big and small across the U.S.,” said Akash Sahai, EVP, Strategy and Business Development for Posera.

The first SecureTablePay deployment on the First Data network was installed on October 23^rd, 2017 in a North Carolina restaurant through their local dealer, Cabaret Systems, Inc.  “Cabaret Systems Inc, has been waiting on an easy and efficient pay-at-the-table solution for the U.S. market. We are very happy with how the SecureTablePay application has worked, and we plan on implementing it with many of our restaurant customers in the coming months,” said Jeff Henry, President, Cabaret Systems, Inc.

With certification now complete, merchants on the First Data network who are looking to acquire pay-at-the-table functionality, or who need to adopt EMV, can do so with SecureTablePay, as SecureTablePay integrates with all leading POS systems.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay^®, an EMV compliant pay-at-the-table application; Maitre’D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:

Kevin Mills, Chief Financial Officer
1.519.434.8017
ir@posera.com
posera2.forcefivedev.ca

Full-Featured Joint Solution Is Available Today in the U.S. and Canada

LAS VEGAS and TORONTO — December 1, 2017 — Payment services and gateway provider Shift4 Corporation and Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, today announced the availability of their feature-rich and EMV-certified joint solution.

Shift4’s DOLLARS ON THE NET integrates with Posera’s Maitre’D to support credit, debit, and gift card transactions, and provides out-of-the-box support for U.S. and Canadian EMV, point-to-point encryption (P2PE) and tokenization. Their offering includes comprehensive auditing and accounting tools, the industry’s best uptime and simple adoption of emerging and alternative payment methods, such as mobile wallets.

With the joint solution, food and beverage (F&B) operators can process EMV payments to help prevent the fraudulent use of stolen card data at physical points of sale in fine and casual dining, quick service, hotels, bars and more, while adding the layered security of Shift4’s tokenization and PCI-validated P2PE. This keeps sensitive cardholder data out of the business’s payment processing environment — greatly reducing the risk of a breach and simplifying PCI assessments — while protecting their guests’ payment data from hackers.

“We’re very excited to announce the availability of the Posera and Shift4 integrated solution,” said Dan Poirier, Chief Executive Officer at Posera. “The full-featured Maitre’D solution pairs perfectly with Shift4’s suite of payment solutions and services.”

Shift4 proudly supports more than a dozen EMV-capable terminals by Ingenico Group and Verifone, a host of payment functionalities such as bar tabs, tips, EMV quick chip and more. Their unmatched bank and processor options make it possible for F&B operators to adopt EMV without changing their financial relationships, giving them the freedom to negotiate the best payment processing rates or make a switch if needed. Shift4 is currently certified for EMV with 10 major processors — delivering unparalleled coverage of acquirers in the U.S., Canada, Caribbean and participating regions of Visa Direct.

“Shift4’s ability to provide options for merchants of all sizes and in all industries, has allowed us to support our mission of merchant advocacy,” said Daniel Montellano, VP of Strategic Business Development at Shift4. “Our partnership with Posera and integration to their Maitre’D POS now provides a top choice for hospitality and food and beverage operators.”

To learn more about Shift4’s payment gateway and services, visit www.shift4.com or call 800.265.5795.

More information about Posera can be found on the company’s website at posera2.forcefivedev.ca or under the company’s profile on SEDAR at www.sedar.com.

About Shift4 Corporation

Shift4 services merchants and partners in many industries by delivering feature-diverse, secure payment solution services, via our gateway DOLLARS ON THE NET®. Shift4 provides options for devices, processor/bank and POS/PMS integrations that empower its partners to service merchants in U.S., Canada, Caribbean, and all participating regions of Visa Direct. Shift4 invented tokenization and owns nine payment-security related patents. Learn more at www.shift4.com.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Media Contacts

Marketing Department
Shift4 Corporation
702.597.2480
pr@shift4.com

Kevin Mills, Chief Financial Officer
Posera Ltd.
519.434.8017
ir@posera.com

Toronto, ON – November 15, 2017 – Posera Ltd. (TSX: PAY) a leading provider of software solutions for the hospitality industry, today announced its financial results for the three and nine-months ended September 30, 2017.

During the third quarter of 2017 Posera achieved noteworthy milestones including: the divestment of its FingerPrints business, the launch of its KDS solution as a separate business, the growth of Maitre’D sales in the hotel industry, and the completion of certification with several major processors of its SecureTablePay product.

In September, Posera completed an asset sale of its FingerPrints point-of-sale (POS) business, to SICOM Systems, Inc., for $12.2M in cash consideration, subject to post-closing adjustments. This divestment improves Posera’s balance sheet, is a catalyst on the road to profitability, and allows Posera to strategically focus on its three core products: Maitre’D (POS software), KDS (kitchen display system), and SecureTablePay (pay-at-the-table solution).

During the third quarter Posera also announced the launch of its KDS solution as a standalone offering from the Maitre’D POS platform for integration with third-party point-of-sale and restaurant management solutions. Posera is pleased to report it is achieving strong traction with this strategy and has received a significant order from a US-based quick-service chain, with installations scheduled to be completed in the fourth quarter of 2017 and the first quarter of 2018. KDS sales are trending towards an approximate 400% revenue increase on a year-over-year basis (YOY).

“Integrating KDS to a proprietary POS system of this magnitude was an exciting project for Posera, and our dedicated team worked very hard over the past year to make this a reality,” said Dan Poirier, Chief Executive Officer. “We are proud of the many enhancements we made to the KDS software to win this large customer; these enhancements will now be available in all future versions and to all future customers,” added Poirier.

The Maitre’D POS solution continues to excel in non-traditional-restaurant hospitality sectors such as hotels, casinos, and assisted care living. Specifically, Maitre’D sales in the European hotel market have grown approximately 40% YOY through the first nine months of 2017. To fuel this growth, Posera completed certifications with three leading property management systems that are deployed by major hotel brands globally, and combined with the recent Shift4 certification, Posera is confident that it can replicate the European success in North America as well.

Posera completed certification of SecureTablePay with Heartland and First Data, adding to its existing certification with Vantiv, and continues to work towards certification with several other leading processors. SecureTablePay is currently in pilot with all three of the above leading processors at several locations across the country and will be fully launched in the US market in the fourth quarter.

During the three-months ended September 30, 2017, the Company recorded a $11,237,620 gain on the divestment of FingerPrints and other minor assets, and a loss on discontinued operations of $855,349. As a result, net income for the three-months ended September 30, 2017 was $9,857,645, an improvement of $10,857,604 from a loss of $989,959 for the three-months ended September 30, 2016, and an improvement of $10,782,354 from a loss of $924,709 for the three-months ended June 30, 2017.

Normalizing for the gain on the divestment and excluding the FingerPrints discontinued operations during the three-months ended September 30, 2017, Posera recognized $2,258,166 in total revenues, a decrease of $696,737 (23.6%) from $2,954,903 for the three-months ended June 30, 2017, and a decrease of $192,972 (7.9%) from $2,451,138 when compared to the three-months ended September 30th, 2016. Recurring revenues for the three-months ended September 30, 2017 were $699,120, an increase of $18,268 (2.7%) from recurring revenues of $680,852 for the three-months ended June 30, 2017, and a decrease of $12,517 (1.8%) from recurring revenues of $711,637 for the three-months ended September 30, 2016.

Posera experienced a normalized EBITDA^(1,2) loss adjusted for discontinued operations for the three-months ended September 30, 2017 of $356,839, representing a $20,152 (5.3%) decrease in loss from a loss of $376,991 for the three-months ended September 30, 2016. On a normalized basis, during the three-months ended September 30, 2017, the Company experienced a net loss from continuing operations of $524,626, compared to a net loss of $950,816 for the three-months ended September 30, 2016, and a net loss of $375,708 for the three-months ended June 30, 2017.

• EBITDA adjusted for discontinued operations: Posera’s management defines EBITDA as Net Income before interest expense, interest income, income taxes (excluding certain investment tax credits and other government assistance), amortization of capital and intangible assets, realized and unrealized exchange gain or loss, impairments and gains or losses on held for trading financial instruments, gains or losses from discontinued operations and other gains or losses on disposition of assets or extinguishment of liabilities.
• Normalized EBITDA adjusted for discontinued operations: Posera’s management defines Normalized EBITDA adjusted for discontinued operations as EBITDA adjusted for discontinued operations above less certain one-time non-recurring expenditures, and non-cash stock-based compensation expense.

Conference Call

The Company will hold a conference call at 11:00 AM Eastern Standard Time on Thursday, November 16, 2017, to discuss the financial results for the three and nine-months ended September 30, 2017.  The call will be hosted by Loudon Owen, Chairman; Dan Poirier, Chief Executive Officer; and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS

Date: Thursday, November 16, 2017

Time: 11:00 AM Eastern Standard Time

Participant Dial-in Numbers:

Local – Toronto (+1) 647-427-7450

Toll Free – North America (+1) 888-231-8191

Conference ID: 3487119

An archive of the conference call will be available by visiting the Company’s website at posera2.forcefivedev.ca/investor-relations. Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay^®, an EMV compliant pay-at-the-table application; Maitre’D^®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. These statements include, but are not limited to, the expected size and completion date of the Offering, participation in the Offering by certain insiders, and the use of proceeds from the Offering. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including general market conditions as they relate to the Company’s Shares, and the matters discussed under “Risks and Uncertainties” in the Annual Information Form filed on March 31^st, 2017 with the securities regulatory authorities and available on SEDAR. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

TORONTO, October 20, 2017 – Posera Ltd. (TSX: PAY), a leading provider of software solutions for the hospitality industry, and DLT Labs Inc., a global leader in blockchain solutions for enterprises, today announced a joint venture to deliver Blockchain technology into the hospitality POS ecosystem including developing a real-time transaction and inventory management system.

Blockchain is an electronic ledger that can be shared among disparate users and creates an unchangeable time-stamped record of transactions. Each digital record or transaction in the thread is stored in a block. Because blocks cannot be changed, and augmented by the additional protection of encryption, the data is immutable and inherently secure. Flexible architecture allows either an open or controlled set of users to participate in the electronic ledger. But one of the most powerful attributes of Blockchain is the ability to develop real-time systems that synchronize mass amounts of data.

“As leaders become increasingly aware of the economic and strategic benefits derived from real-time enterprise solutions, there is an industry shift to blockchain-centric systems on the horizon. The potential cost benefits in payment processing are enormous, and we believe the competitive and real-time nature of the hospitality industry will help drive adoption. We are delighted to partner with DLT Labs, an innovator in the Blockchain space, to pioneer real-time solutions in the hospitality and payment industry,” said Akash Sahai, EVP, Strategy and Business Development, Posera.

One example of the benefits, by integrating payment processing on blockchain, all parties in the payment processing ecosystem (merchants, processors, suppliers, and ISVs) will have access to the transaction data in a secure and real-time environment. This will not only decrease exorbitant systems expenses, but enables an entirely new generation of real-time analytics solutions. As another example, the partnership with DLT Labs will allow Posera’s SecureTablePay® pay-at-the-table solution to accept crypto-currency, making Posera a pioneer in the process of accepting crypto payments in the hospitality industry. SecureTablePay is now live in the market in the USA, certified with three major payment processors and available across the country.

“DLT Labs recognizes both the technical strength and domain expertise at Posera which will help us both accelerate this innovative development and quickly bring to market an exciting Blockchain development initiative,” said Neeraj Srivastava, Founder and CTO, DLT Labs. “The adoption of Distributed Ledger Technology is in its infancy, and we believe it is particularly suited to the demands of the hospitality industry, and more broadly throughout the payment industry, and we are extremely pleased to be working with Posera and their SecureTablePay solution,” added Srivastava.

###

About Posera
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.
For more information:
Kevin Mills, Chief Financial Officer
1.519.434.8017
ir@posera.com posera2.forcefivedev.ca

About DLT Labs
DLT Labs is a global leader in the development and implementation of Blockchain solutions for enterprises. The company’s leading group of architects, using proprietary DNC Cluster Framework and Parent & Child Smart Contract Architecture, design and deploy distributed enterprise applications with high scalability, security, and throughput. With the world’s premier team of distributed application designers and integrators, DLT Labs has extensive enterprise experience and expertise with all distributed ledger/Blockchain technologies including Enterprise Ethereum, IBM’s Fabric, R3’s Corda, JP Morgan’s Quorum, and other leading enterprise platforms.

For more information:
David Freeman
1.416.277.9687
Chief Financial Officer
david.freeman@dltlabs.io

Doylestown, PA and Toronto, ON – September 14, 2017 – SICOM, a leading best-of-breed provider of end-to-end solutions for quick service and fast casual restaurants, and Posera Ltd. (TSX: PAY), a leading provider of mission critical software solutions for the hospitality industry, today announced the sale of its FingerPrints point-of-sale (POS) system to SICOM Systems, Inc. for $12.2 million. The consideration for the FingerPrints asset sale is comprised of cash and will be subject to post-closing adjustments.

The FingerPrints POS system was specifically designed for the quick service restaurant (QSR) industry. The acquisition further strengthens SICOM’s domain expertise and commitment to adding greater value to the QSR industry, and more specifically to deepening its value in QSR across Canada. The divestiture by Posera enables it to strengthen its strategic focus on its core products: Maitre’D® POS, KDS (Kitchen Display System), and SecureTablePay® pay-at-the-table solution.

“The addition of FingerPrints strengthens our commitment to delivering a complete portfolio for QSR brands, franchises and restaurants. It is a robust product that drives greater efficiency and speed of service for quick service restaurants and will complement our existing solutions,” said Jim Flynn, CEO of SICOM.  “With its Canadian presence, this acquisition provides us with physical locations in Canada, helping us to better serve our current customers there and expanding our international presence.”

FingerPrints was launched in 2004 and currently operates in many leading QSR locations across Canada. Complemented by the Hypervision and Hyperscheduler offerings, FingerPrints enjoys an intuitive user interface and fully redundant system with integrated payment, EMV, loyalty and gift card capabilities as well as centralized menu and pricing programming, together with enabled mobile ordering.

“SICOM is the perfect fit for FingerPrints; with its thirty-year history of offering innovative products and services, its expansive customer list of the top QSR brand names and its commitment to growth, SICOM is the ideal accelerator to the FingerPrints brand’s continued success,” explained Dan Poirier, CEO of Posera. “This transaction is an exciting strategic evolution for Posera, allowing us to focus on Maitre’D, one of the premier POS brands, complete the roll out of SecureTablePay and capture the kitchen display market,” added Poirier.

Over 1,100 QSR restaurants throughout Canada that operate with the FingerPrints system will now be managed by SICOM.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include: SecureTablePay®, an EMV compliant pay-at-the-table application; Maitre’D®, a point of sale system which offers a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support; and KDS, a Kitchen Display System that is now available as a standalone product. Posera’s solutions are deployed globally across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

About SICOM

SICOM Systems, Inc. is a leading best-of-breed provider of end-to-end technologies and services for the quick service and fast casual restaurants.  The company offers front-of-house solutions (i.e. Digital Menu Boards, Point-of-Sale (POS) and Order Confirmation Units); back-of-house solutions (Drive-Thru Director

and Chef Kitchen Management); as well as above restaurant solutions (360° Data Analytics and SEMS4 Restaurant Management) that are helping major restaurant chains around the globe to streamline their operations.  SICOM has over 40,000 digital menu boards, 8,000+ Drive-Thru Directors and 7,000+ CHEF Kitchen Management solutions in operation worldwide, while its POS systems are in more than 6,500 restaurants worldwide and it has more than 10,000 restaurants leveraging its enterprise management systems globally.  Founded in 1987, SICOM is headquartered in Doylestown, Pa. and can be found online at www.SICOM.com.

Contacts:

For Posera Ltd.:
Kevin Mills, Chief Financial Officer
Posera Ltd.
1.519.434.8017
ir@posera.com

For SICOM Systems Inc.:
Karen Higgins
A&E Communications, Inc.
610-831-5723
khiggins@aandecomm.com

Toronto, ON – August 14^th, 2017 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced its financial results for the three and six-months ended June 30^th, 2017.

During the three-months ended June 30, 2017, Posera recognized $4,392,224 in total revenues, an increase of $444,417 (11.3%) from $3,947,807 for the three-months ended March 31, 2017 and an increase of $54,309 or 1.3% when compared to the three-months ended June 30^th, 2016 of $4,337,915.

The increase in revenues is primarily attributed to the successful launch of the Company’s integrated POS solution for the international hotel industry. Posera’s fully integrated POS solution for the hotel industry was launched in the last 270 days has resulted in more than 50 installations in prestigious hotel properties in Paris, Strasburg, Barcelona and more throughout Europe. Posera is expanding its hotel initiative to be a global solution, as sales to date have been European centric.

Posera experienced a normalized EBITDA loss^(1,2) for the three-months ended June 30^th, 2017 of $439,105, representing a decrease in the loss of $727,277 (62.4%), from a loss of $1,166,382 for the three-months ended March 31, 2017. The second quarter represented the second consecutive quarter where the Company reduced its normalized EBITDA loss. The improvement in the normalized EBITDA loss resulted from an increase in revenue in conjunction with ongoing operating expense reductions which is consistent with the Company’s expense reduction plan that has taken place throughout the first and second quarters of fiscal 2017.

Net loss for the three-months ended June 30, 2017 was a loss of $924,709, a decrease in the loss of $872,524 (48.5%) from a loss of $1,797,233 for the three-months ended March 31, 2017 and represents an increase in the loss of $106,874 (13.1%) from the normalized loss of $817,835⁽³⁾ for the three-months ended June 30, 2016.

Recurring revenues for the three-months ended June 30^th, 2017 were $1,681,142, an increase of $20,032 (1.2%) from recurring revenues of $1,661,110 for the three-months ended March 31, 2017 and a decrease of $63,008 (3.6%) from recurring revenues of $1,744,150 for the three-months ended June 30^th, 2016 and. Recurring revenue has consistently remained at +/- 40% of total revenues between the comparative reporting periods.

The Company’s SecureTablePay (STP) product has been certified, or in final stages of certification with 4 major US based payment processors. Final pilot testing is progressing and commercialization, of this application is expected to commence in the third quarter of 2017. The US STP platform will be commercialized primarily on a recurring revenue model.

During the second quarter of 2017, Posera crossed a major milestone with the first installation outside of Canada of its Quick Service Restaurant (QSR) Point-of-Sale (POS) technology. Posera successfully deployed its QSR POS solution in the Philippines, leveraging the International expansion of a major customer. Posera has thousands of QSR locations deployed worldwide, with concentrations in Europe and North America. This demonstrates that our POS products are well suited to International growth in the economies of Asia, Africa, Central and South America, as our products have been built from inception with a multi-lingual approach.

• EBITDA: Posera’s management defines EBITDA as Net Income before interest expense, interest income, income taxes (excluding certain investment tax credits and other government assistance), amortization of capital and intangible assets, realized and unrealized exchange gain or loss, impairments and gains or losses on held for trading financial instruments, and other gains or losses on disposition of assets or extinguishment of liabilities.
• Normalized EBITDA: Posera’s management defines Normalized EBITDA as EBITDA as discussed above less certain one-time non-recurring expenditures, and non-cash stock-based compensation expense.
• During the three-months ended June 30, 2016 the Company recorded a $1,959,794 gain on the disposition of Zomaron. Normalizing for the gain on the disposal of Zomaron during the three-months ended June 30, 2016.

Conference Call

The Company will hold a conference call on Friday, August 18^th, 2017 to discuss the financial results for the three and six-months ended June 30^th, 2017, at 1:00 PM Eastern Standard Time hosted by Loudon Owen, Chairman, Dan Poirier, Chief Executive Officer and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS

Date: Friday, August 18^th, 2017

Time: 1:00 PM Eastern Standard Time

Participant Dial-in Numbers:

Local – Toronto (+1) 647-427-7450

Toll Free – North America (+1) 888-231-8191

Conference ID: 70074668

An archive of the conference call will be available by visiting the Company’s website at posera2.forcefivedev.ca/investor-relations. Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

###

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay^®, which is an EMV compliant pay-at-the-table application. Posera’s Maitre’D^® and FingerPrints^TM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. These statements include, but are not limited to, the expected size and completion date of the Offering, participation in the Offering by certain insiders, and the use of proceeds from the Offering. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including general market conditions as they relate to the Company’s Shares, and the matters discussed under “Risks and Uncertainties” in the Annual Information Form filed on March 31^st, 2017 with the securities regulatory authorities and available on SEDAR. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

Toronto, Ontario: August 4, 2017 Loudon Owen, Executive Chairman of Posera Ltd. (“Posera” or the “Company”), is pleased to report that Posera has closed a non-brokered private placement of common shares (“Common Shares”). Under the private placement, the Company issued a total of 19,932,426 Common Shares at a price of $0.12 per Common Share (the “Offering”) for gross proceeds of $2,391,891. Posera paid finders fees in the aggregate amount of $35,729 in connection with certain subscriptions for Common Shares, representing 6.0% of the gross proceeds of such subscriptions. A further tranche of up to 3,750,000 Common Shares is expected to close in the following week.

Certain Common Shares issued in connection with the Offering are subject to a 4-month hold period which expires on December 5, 2017.

The proceeds from the Offering are being used to increase the working capital of the Company. The Common Shares have been conditionally approved for listing on the Toronto Stock Exchange (“TSX”).

The Common Shares are listed on the TSX under the symbol “PAY”.

###

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay®, which is an EMV compliant Pay-At-The-Table application. Posera’s Maitre’D® and FingerPrintsTM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “US Securities Act”) or any state securities laws and may not be offered or sold within the United States to U.S. Persons unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This news release includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with the Company’s business and the environment in which the business operates. These statements include, but are not limited to, the expected size and completion date of the Offering, participation in the Offering by certain insiders, and the use of proceeds from the Offering. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including general market conditions as they relate to the Company’s Shares, and the matters discussed under “Risks and Uncertainties” in the Annual Information Form filed on March 31^st, 2017 with the securities regulatory authorities and available on SEDAR. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

TORONTO, August 2, 2017 – Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, today announces that it is officially launching KDS, a kitchen display system, as a stand-alone product. Formerly known as CVM, KDS has previously been accessible exclusively as a feature of Posera’s Maitre’D point-of-sale (POS) software package.

The new KDS is now POS agnostic, easy to integrate and sends orders to kitchen staff instantly. Its fully customizable order display screen simplifies order preparation and decreases the average prep time by implementing a unique system utilizing color in the display, creating accurate visual portrayal of any order.

At the Posera booth (#409), RetailNOW2017 attendees will have a chance to see a demonstration of these new KDS features firsthand:

• Touch screen support – bumping by item or by order
• Increase display modes from 6 to 20 orders on screen
• Customizable colors
• Increased active order storage, up to 100 orders
• Remote access for support
• Email alert system
• Recipe Display

“Our KDS system delivers significant operational and cost efficiencies, including eliminating printers and paper based kitchen orders, for direct savings to our customers’ bottom line,” said Jean Guimond, Vice President of Sales, Posera. “We can now interface with virtually any POS system, and look forward to demonstrating these capabilities at this year’s RSPA event,” added Guimond.

###

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay^®, which is an EMV compliant Pay-At-The-Table application. Posera’s Maitre’D^® and FingerPrints^TM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 31^st, 2017 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.519.434.8017

ir@posera.com
posera2.forcefivedev.ca

Toronto – June 29^th, 2017 – (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, is pleased to announce the results of the Company’s 2017 annual and special meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 28, 2017.  Posera is listed on the TSX under the symbol “PAY”.

At the Meeting, all director nominees listed in the Company’s management information circular dated May 12^th, 2017 were elected as directors of the Company. The detailed results of the vote by ballot are as follows:

In addition, at the Meeting, shareholders reappointed PricewaterhouseCoopers LLP, as auditors of the Company and approved the change of the Company registered office to 1106 Dearness Drive, Unit #4 London, Ontario N6E 1N9.

The Company also has posted the presentation from the annual and special meeting of shareholders on its Company website posera2.forcefivedev.ca in the Investor Relations section.

The formal report of voting results with respect to all matters voted upon at the Meeting was filed on SEDAR at www.sedar.com.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay^®, which is an EMV compliant Pay-At-The-Table (PATT) application. Posera’s Maitre’D^® and FingerPrints^TM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 31^st 2017 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.519.434.8017

kmills@posera.com
posera2.forcefivedev.ca

Toronto, ON – May 30, 2017 – Posera Ltd. (TSX : PAY) a leading provider of mission critical software solutions for the hospitality industry, today announced a distribution agreement with Solink, a leader in the Security as a Service space, to distribute their video recording and loss prevention solution throughout Posera’s vast install base.

Posera is proud to announce a reseller partnership with Solink to offer a cloud-based subscription solution for video recording and loss prevention to Posera’s 30,000+ customer base. This partnership will empower Posera’s hospitality customers to proactively tackle theft in their stores while expanding the use of surveillance video to improve operations and management.

Solink’s solution matches in-store transactions to corresponding video, providing store owners with multiple data points to search for and track important events such as voids, discounts, no sales, refunds and cash transactions. This eliminates the need to manually search for events in video by time and location. When the software identifies an outlier, it will notify the owner or manager who can then open the Solink app on their mobile device or laptop and review the incident. Other features include email digests reports, ability to share video via email or text message, case management, and live chat for customer support.

“Our customers will benefit greatly from the monthly recurring service model as it requires a low up-front capital expenditure to upgrade their existing legacy solution and IP based security video cameras to Solink’s cloud based solution,” said Dan Poirier, Chief Executive Officer of Posera Ltd.

“We’re excited to combine Posera’s reputable point-of-sale technology and customer service with the security solution that we’ve built, specifically for the hospitality industry,” said Mike Matta, Chief Executive Officer of Solink.

###

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay^®, which is an EMV compliant Pay-At-The-Table (PATT) application. Posera’s Maitre’D^® and FingerPrints^TM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

About Solink

Solink was founded in 2009 to tackle ATM fraud with a focus on making video a proactive source of insight. Since then, the company has developed a cloud-based security and loss prevention solution that is deployed in thousands of locations in the quick service, retail and financial space. Solink is headquartered in Ottawa, Canada. For more information visit solinkcorp.com

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 31^st, 2017 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:
Kevin Mills, Chief Financial Officer

1.416.703.6462 ext. 2203

ir@posera.com
posera2.forcefivedev.ca

TORONTO, May 19, 2017, Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, announced its partnership with Ingenico Group, the global leader in seamless payment, for the launch of Posera’s SecureTablePay^® Pay-at-the-Table solution in the US market.

One of the biggest trends in the hospitality industry is the ability to accept card payments at the point of service via mobile payment devices. This capability has existed in many markets, such as Europe and Canada, for many years, and now increasingly, casual dining and table service restaurants in the US are adopting wireless terminals to offer Pay-at-the-Table convenience to their patrons. Ingenico Group and Posera provide an ideal solution to restaurants with the launch of Posera’s SecureTablePay on Ingenico Group’s wireless smart terminals, such as the iWL250.

This combined Ingenico Group hardware and Posera software solution not only increases convenience for the customer, but also increases efficiency for the restaurant and the server, allowing the server to spend more time on the floor with the customer and reducing the steps and time it takes to close a check.  All that with added security including acceptance of EMV chip cards and NFC/contactless payments such as Apple Pay and Android Pay, and point-to-point encryption (P2PE) and tokenization, protecting customers and ensuring PCI compliance.

“There are over half a million restaurants in the US who have or will be adopting EMV standards over the next few years, and will need the ability to accept payments at the point of service.  By combining the Posera’s solution with our wireless smart terminals, SecureTablePay enables restaurant payments that provide greater security and better customer service to American restaurants and their patrons,” said Howard Finch, vice president, sales at Ingenico Group, North America.

EMV-enabled Pay-at-the-Table solutions give customers the peace of mind of added security as the payment device is brought to them at the point of service. Customers can safely and easily use their chip cards, with either a PIN or signature, right from their seats. This embraces a core principle of better card security, which consumers are hearing about more frequently: never relinquish possession of your payment card, even temporarily. This combination of powerful security and faster, more convenient checkouts makes paying at the table with wireless terminals the ideal approach to satisfy hospitality customers.

“We have partnered with Ingenico for close to 10 years in Canada and are excited to launch SecureTablePay with them in the US,” said Dan Poirier, Chief Executive Officer for Posera.  “Our customers have found Ingenico wireless devices to be very durable and customer-friendly, with an incredible coverage range and battery life.  We believe partnering SecureTablePay with Ingenico’s mPOS devices provides the best possible pay-at-the-table solution to restaurants in the US,” added Poirier.

If you’d like to learn more about Ingenico Group and Posera’s SecureTablePay Pay-at-the-Table solution and the latest payment technologies, please visit the Ingenico Group booth (#10919) during the National Restaurant Association show, May 20-23, 2017 in Chicago, IL.

###

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’^® and FingerPrints^® restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.  More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer

1.519.434.8017

ir@posera.com
posera2.forcefivedev.ca

TORONTO, May 18, 2017 – Posera Ltd. (TSX : PAY), a leading provider of software solutions for the hospitality industry, announced today the completion of certification with Vantiv, the largest payment processor in the U.S., for Posera’s pay-at-the-table (PATT) solution, SecureTablePay^®.

Posera’s SecureTablePay is a middleware that allows customers to pay at the table in an easy, efficient, secure and EMV compliant manner. With SecureTablePay the server only needs to go to the POS workstation once – to place the order.  Pulling up the check, accepting and authorizing payment, and closing the table with full reconciliation to the POS is done directly at the table.  This allows the server to spend more time on the floor with customers, and the credit or debit card never leaves the customer’s hands increasing security and reducing the opportunity for fraud, creating the perfect balance of greater security and increased efficiency.

“SecureTablePay is a great option for pay-at-the-table functionality,” said Matt Downs, Head of Channel and Business Development Integrated Payments at Vantiv. “With ongoing data breaches and attacks,

SecureTablePay provides restaurant guests with a new level of security by utilizing both EMV chip technology and point-to-point encryption. We are excited to partner with Posera to bring this technology to the U.S. market.”

SecureTablePay has been proven for over 10 years with thousands of installations and is already integrated to most of the leading restaurant point-of-sale (POS) applications in North America, and is now ready to launch into the US market this June.

“We are very excited about the completion of our first certification with SecureTablePay in the U.S., especially since it is with Vantiv. Given their focus and penetration in the hospitality industry, Vantiv is the perfect partner for us to pilot and then launch SecureTablePay in the U.S.,” said Dan Poirier, Chief Executive Officer for Posera. “Once customers and merchants realize how simple and efficient it is to pay at the table, we expect this will become the standard that customers will demand,” added Poirier.

###

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’^® and FingerPrints^® restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For more information:
Kevin Mills, Chief Financial Officer

1.519.434.8017

ir@posera.com
posera2.forcefivedev.ca

Toronto, ON – May 15^th, 2017 – Posera Ltd. (TSX : PAY) (“POSERA” or the “Company”), a leading provider of software and payment solutions for the hospitality industry, today announced its financial results for the three-months ended March 31^st, 2017.

During the three-months ended March 31, 2017, Posera recognized $3,947,807 in total revenues⁽¹⁾, a decrease of $467,066 or 10.6% and an increase of $68,668 or 1.8% when compared to the three-months ended March 31, 2016 and December 31, 2016 respectively.

Posera experienced a normalized EBITDA loss⁽²⁾ for the three-months ended March 31, 2017 of $1,166,382, an increase in the loss of $620,185 (113.5%) and a decrease in the loss of $241,195 (17.1%), for the three-months ended March 31, 2016 and December 31, 2016 respectively. The increase in the loss between the first quarter comparable periods is due to the decrease in sales revenue and gross profit generated by the Company. Additionally, operating expenses were higher between the comparable periods when normalizing for restructuring expenditures, but the balance of this increase was non-cash in nature through the expensing of stock-based compensation.

During the three-months ended March 31, 2017, Posera recognized a net loss⁽²⁾ of $1,797,233, an increase in the loss of $248,109 (16.0%) from a loss of $1,549,124 for the three-months ended March 31, 2016, and a decrease in the loss of $489,591 (21.3%) from a loss of $2,283,824 for the three-months ended December 31, 2016.

The Company will hold a conference call on Tuesday, May 16^th, 2017 to discuss the financial results for the year and three-months ended March 31, 2017, at 1:00 PM Eastern Standard Time hosted by Loudon Owen, Executive Chair, Dan Poirier, Chief Executive Office and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

CONFERENCE CALL DETAILS

Date: Tuesday, May 16^th, 2017

Time: 1:00 PM Eastern Standard Time

Participant Dial-in Numbers:

Local – Toronto (+1) 647-427-7450

Toll Free – North America (+1) 888-231-8191

Conference ID: 23248593

(1) Amount presented applies the retrospective presentation for discontinued operations for the Zomaron transaction as discussed in this MD&A on Page #3-4 of the Company’s Management Discussion and Analysis for the year and three-months ended March 31, 2017.

(2) Presentation of these amounts include the results from discontinued operations as discussed on Page #3-4 of the Company’s Management Discussion and Analysis for the year and three-months ended March 31, 2017.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’^TM and FingerPrints^TM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 31^st 2017 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:
Kevin Mills, Chief Financial Officer

1.519.434.8017

kmills@posera.com
posera2.forcefivedev.ca

Denver, Colorado — May 4, 2017 — Actus Data, a leading provider of artificial intelligence (AI) and advanced data analytics for the restaurant industry, along with Posera Ltd., a leading provider of hospitality point-of-sale software solutions, today announced that the launch of the Posera Advanced Reporting Solution will be at the National Restaurant Association (NRA) conference in Chicago, IL on May 20-23, 2017.

The Posera Advanced Reporting Solution is built on the cloud-based Actus Data Smart Restaurant Solution platform and includes interactive dashboards and reports as well as access to advanced AI and analytics capabilities that are robust enough to serve customers as their needs and sophistication grow.

“Actus Data is thrilled to be partnering with Posera to provide in-depth reporting and analytics to their customers,” said Paul Konkel, Chief Executive Officer of Actus Data. “With Posera Advanced Reporting, customers get a powerful, flexible, and affordable analytics solution designed from the ground up to tackle Big Data challenges today and for years to come,” added Konkel.

“To thrive in today’s data rich restaurant environment, it is necessary to move beyond static queries, downloads, and spread sheets that have defined restaurant reporting for decades. By working with Actus Data, we are providing our customers the capabilities they need to make better decisions and deliver data-driven results,” said Dan Poirier, Chief Executive Officer of Posera Ltd.

Visit Actus Data and Posera in booth 6383 at NRA to see the Posera Advanced Reporting Solution first hand.

About Actus Data

Actus Data is a cutting-edge data science as a service business committed to providing the most advanced, comprehensive, and affordable restaurant analytics solutions available. We are data experts with significant business experience who are laser focused on customer success and passionate about delivering value. Our Smart Restaurant Solution powers Posera Advanced Reporting as well as the AI and advanced predictive and prescriptive analytics that will give you everything you need to transform your data into action.

About Posera

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay^®, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s Maitre’D^® and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software, and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages. For more information, visit posera2.forcefivedev.ca

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Media Contact

Courtney Duffy

720-588-8180

info@actusdata.com

TORONTO, April 19, 2017 /CNW/ – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of hospitality point-of-sale (POS) software solutions, today announces the launch of its integrated POS solution for the hotel industry as a new major strategic initiative.

As the hotel industry represents an enormous growth opportunity for the hospitality market, Posera has developed a targeted POS solution to answer the demand. Posera has demonstrated these capabilities at the International Hotel Technology Forum in Paris, April 5-7, 2017 to hundreds of hoteliers leading operations, management, and technology investments globally.

Prestigious hotel properties in Paris, Strasbourg, Barcelona, Luxembourg and more throughout Europe have selected Maitre’D^® to replace their outdated and unsupported POS software for the following reasons:

• Integrates with major Property Management Systems across 16 revenue categories;
• Includes a user friendly modular back-office for instantaneous menu updating and employee management; and
• The Databoard™ app allows for real-time alerts and reporting, from the POS, directly to iOS and Android mobile phones.

“The pressing needs of the hotel industry are clear, as hotels worldwide seek to compete with rivals in the food and beverage industry, along with their traditional competitors. Guests demand the same level of professionalism and quality across all services and this market is fiercely competitive both for guests and incremental food and beverage revenue”, said Dan Poirier, Chief Executive Officer. “We provide a fully integrated POS solution to some of the largest and most prestigious hotel brands worldwide. We are delighted to announce that 11 hotel installations have already been completed in a short 120 days, as part of Posera’s initiative to expand into the global hotel market,” added Poirier.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s Maitre’D^® and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages. For more information, visit posera2.forcefivedev.ca

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

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OTTAWA, ONTARIO – April 7^th, 2017 – Ackroo Inc. (TSX-V: AKR, OTC: AKRFF) (“Ackroo”), a gift card, loyalty and rewards technology and services provider, announced the launch of their latest advancement to the Ackroo Anywhere platform with integration to Posera’s SecureTablePay (“STP”) middleware “pay-at-the-table” solution. This development will provide current and prospective Ackroo customers the opportunity to process gift card and loyalty transactions on wireless terminals that integrate to various point-of-sale (“POS”) software solutions, and will provide merchants who use Posera’s STP payment solution to accept Ackroo gift cards as a form of payment in the STP wireless payment terminal. Before this advancement, Ackroo merchants who utilized integrated wireless terminals in environments like restaurants would be required to fund and redeem gift card and loyalty transactions at one of the main POS stations instead of via wireless terminals that a server would bring to the table. In the restaurant environment, this process isn’t ideal for staff or customers, and integration represents a significant enhancement for this merchant segment. This advancement not only assists merchants who use hard cards from Ackroo for gift and loyalty but also those that will deploy Ackroo’s new mobile application as their new Pay Code system (Ackroo’s proprietary solution that allows stand alone terminals to accept mobile payments) will support “pay-at-the-table” for mobile as well. This is a leading-edge solution provided by Ackroo and Posera to better support the hospitality industry.
 
The solution will be available for deployment by Ackroo merchants initially using First Data terminals only. In the future, other processing partners may be included, however, the initial joint venture is between First Data, Ackroo, Posera’s STP, and the various POS systems affiliated with the STP solution.
 
“Pay-at-the-table is a very important enhancement needed for the restaurant segment,” said Steve Levely, Chief Executive Officer at Ackroo. “Restaurants are constantly looking for ways to improve the customer experience while also reducing operational strain on their staff. Pay-at-the-table technology supports that ask in a secure and easy to use manner and since most casual and fine dining restaurants have moved to this method of accepting debit and credit payment, we also wanted to be able to support our gift card and loyalty payments being accepted this way. This advancement also assists our mobile strategy. Via Ackroo’s Pay Code system, within the white labelled mobile application, consumers can use their mobile devices to redeem at the table through the handheld terminals. The solution will be launched initially for First Data terminals only providing yet another competitive advantage for our channel partner to offer Ackroo to their current and prospective merchant base. Very exciting enhancement for Ackroo, First Data, Posera, the various POS partners involved, and our merchants.”
 
“Enabling customers to pay-at-the-table improved convenience and security for customers and efficiency for the restaurant industry, and now paying at the table got even better,” said Dan Poirier, Chief Executive Officer of Posera. “This new partnership between our SecureTablePay solution and Ackroo, will enable customers to pay using gift cards or redeem their loyalty points right at the table.  Regardless of your method of payment, SecureTablePay will allow customers to pay quickly and securely. In fact, customers will even be able to split their payment between the different payment methods right at the table.”
 
In addition, Ackroo announces that it has cancelled 450,000 existing incentive stock options at various strike prices and has granted options to purchase 400,000 common shares to directors, officers, employees, and consultants of the Company exercisable at a price of $0.20, for a period of 3 years.  The grant is subject to the approval of the TSX Venture Exchange.

About POSERA
 
Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
 
Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s Maitre’D™ and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages. For more information, visit posera2.forcefivedev.ca
 
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
 
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

About Ackroo
 
Founded in 2012, Ackroo provides gift card and loyalty processing solutions to help retail and hospitality merchants attract, retain and grow their customers and their revenues. Through a SaaS based business model Ackroo provides an in-store and online automated solution to help merchants process gift card & loyalty transactions at the point-of-sale, provide key administrative and marketing data, and to allow customers to access and manage their gift card and loyalty accounts. Ackroo also provides important marketing services to assist their merchants with utilizing Ackroo’s technology solution. Ackroo is headquartered in Ottawa, Canada. For more information, visit: www.ackroo.com.

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TORONTO, April 5^th, 2017 /CNW/ – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of mission critical software solutions for the hospitality industry announced today that it has successfully deployed its Point-of-Sale (“POS”) software technology in the Philippines, leveraging the International expansion of a major customer.

“We are delighted to have had a successful launch in the Philippines which will be a reference account for our broader expansion throughout Asia. This deployment was achieved on an aggressive schedule which is a testimonial to the versatility of our product, dedication of our employees and the confidence of our customer and their local partner.” said Paul Schafer, Vice President of Major Accounts.

“Posera has a deep expertise in providing technology solutions for the Quick Service Restaurant (“QSR”) industry and Posera’s successful launch confirms that our QSR POS solutions that have been proven in North American and Europe are also suited to the fastest growing markets, including Asia. Posera has made a significant investment to establish this beachhead in Southeast Asia, which will provide a launching pad to the rest of Asia. Posera has thousands of QSR locations deployed worldwide, with concentrations in Europe and North America. This demonstrates that our POS products are well suited to International growth in the economies of Asia, Africa, Central and South America, as our products have been built from inception with a multi-lingual approach,” said Dan Poirier, Chief Executive Officer.

Transparency Market Research (“TMR”) estimates⁽¹⁾ that the global fast food market is expected to grow to $617.1 billion USD by 2019 from $477.1 billion USD in 2013. Further TMR predicts that growth will be accelerated in the emerging regions, such as Asia, Africa, Central and South America, because of favourable demographics, increasing disposable income and greater urbanization. These trends have spearheaded Posera’s approach to focus on these developing markets and expand our footprint beyond North America and Europe.

The Company will hold a conference call on Friday, April 7^th, 2017 to discuss the financial results for the year and three-months ended December 31, 2016, at 11:00 AM Eastern Standard Time hosted by Loudon Owen, Executive Chair, Dan Poirier, Chief Executive Office and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.
 

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.

Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s Maitre’D™ and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages. For more information, visit posera2.forcefivedev.ca

Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

References

1. Transparency Market Research: Global Fast Food Market will be worth US$617.6 billion by 2019, September 29, 2016

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Toronto, ON – January 30th, 2017 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced that its Board of Directors has appointed Mr. Dan Poirier as its Chief Executive Officer (“CEO”) effective immediately.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

TORONTO, Jan. 20, 2017 /CNW/ – Loudon Owen, CEO and Chairman of Posera Ltd. (“Posera” or the “Company”), is pleased to report that Posera has closed a non-brokered private placement of common shares (“Common Shares”). Under the private placement, the Company issued a total of 18,899,997 Common Shares at a price of $0.12 per Common Share (the “Offering”) for gross proceeds of $2,268,000. Posera paid finders fees in the aggregate amount of $71,098 in connection with certain subscriptions for Common Shares, representing 6.0% of the gross proceeds of such subscriptions.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

TORONTO (January 9, 2017) – Posera Ltd. (TSX: PAY) (“Posera” or the “Company”) today announces that it is undertaking a non-brokered private placement of up to 18,900,000 common shares of the Company (“Shares”) at a price of $0.12 per Share, for aggregate gross proceeds of up to $2,268,000 (the “Offering”). Closing of the Offering is expected to take place on or about January 20, 2017.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

TORONTO, Jan. 3, 2017 /CNW/ – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, is pleased to announce that its Chairman and CEO, Mr. Loudon Owen has recently purchased a total of 4,000,000 Common Shares of the Company. Today’s announced purchase is in addition to Mr. Owen’s October, 2016 purchase of 784,747 Posera Common Shares. The purchases were all executed through a private corporation controlled by Mr. Owen. Specific details are disclosed in Mr. Owen’s filings made on SEDI on January 3rd, 2017.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

Toronto, ON – December 20, 2016 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of mission critical software solutions for the hospitality industry, today announced the appointment of Mr. Tom McCole to the Company’s Board of Directors, effective January 1, 2017.

“Tom will be a tremendous addition to our Board of Directors,” said Loudon Owen, Chairman of the Board of Directors of Posera. “His technical knowledge and operational experience in the payment industry will be invaluable to Posera given the rapidly evolving payments industry, such as the adoption of EMV and continued concerns of fraud and security. Additionally, Tom’s experience with the payment processors will be crucial to the Company’s’ deployment of our SecureTablePay Pay-at-the-Table (“PATT”) solution in the United States.

Mr. McCole, has had an accomplished career as a payments technology executive and brings a broad range of industry experience to the Board of Directors at Posera. Mr. McCole currently employed by Infinite Peripherals, Inc. as their Mobile Commerce Strategy Director. Previously, Mr McCole was a special consultant to Bob Carr, the Chairman and CEO of Heartland Payments Systems Inc. (“Heartland”), where he was charged with developing Heartland’s integration strategy for Restaurant Management Systems (“RMS’s”) and for creating a multi-product margin stack model for the Company. Global Payments Inc. acquired Heartland in April, 2016 for $4.3 billion USD. McCole also served as a principal for Atomic Mobile Payments in Dawsonville, Ga., and was a vice president of Hypercom Solutions Group in Scottsdale, Ariz. Based out of Atlanta, Georgia, Tom has a Bachelor of Arts degree in history from Florida Atlantic University.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’™ and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

Toronto, ON – October 25th, 2016 – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, is pleased to announce that its Chairman and CEO, Mr. Loudon Owen has recently purchased a total of 784,747 Common Shares of the Company at the current closing market price of $0.185. The purchases were all executed through a private corporation controlled by Mr. Owen. Specific details are disclosed in Mr. Owen’s filings made on SEDI on October 24th, 2016.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’™ and FingerPrints™ restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

TORONTO, September 8, 2016 /CNW/ – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, announces it has signed its second SecureTablePay non-exclusive distribution agreement with one of the largest payment processors in the United States. The agreement will generate initial license fees and monthly recurring revenues for POSERA.

Posera expects the solution to be available once technical certification is completed in approximately 3 months. Upon completion of the technical certifications and when the US Payment Processing partner is ready to launch the SecureTablePay solution, Posera and the US Payment Processor will circulate a joint press release.

SecureTablePay application enables safe, secure and stable ”Pay-at-the-Table” (“PATT”) capabilities. Posera has many years of Canadian and international success in the EMV Chip and PIN1 business. SecureTablePay has a unique and leading architecture, which provides both convenience and security. The SecureTablePay platform is already integrated to most of the leading Restaurant Point-of-Sale applications worldwide. SecureTablePay is:

1. Unique Architecture & Rapid Implementation: It is the only semi-integrated EMV1 and Contactless application allowing restaurant wait-staff to totally manage payments, split checks, tips and tables, remotely from a wireless payment terminal. SecureTablePay also incorporates Chip and Signature, PIN based Debit, Gift Cards, Tap and Pay by Phone with end-to-end encryption for the US market. The semi-integrated approach requires less development effort, and a reduced Payment Card Industry (“PCI”) scope, enabling a vastly compressed time to market
2. Secure: SecureTablePay provides the extraordinary convenience of paying at the table for both restaurant wait-staff and their customers. The card never leaves the Cardholder’s hands reducing the risk of fraud for both the merchant and cardholder. It also provides a secure solution to the enormous security challenges and financial risks that merchants now face due to the October 2015 liability shift imposed by the payment processors. This shift transfers the liability to the retail / restaurant merchants for chargebacks relating to fraudulent transactions, where previously chargebacks were a cost incurred by the processor.
3. Market-Ready: SecureTablePay is integrated to 20 of the largest Restaurant Point-of-Sale applications worldwide and our solution is already installed in several thousand hospitality merchants across Canada.
4. Independent Evolution: Secure Table Pay allows the POS and Payments Processing to evolve independently in this dynamic industry without the need for re-certification as the US industry evolves through its payment security process.
5. Improved Efficiency and Profitability: Secure Table Pay improves speed and accuracy in the Restaurant reducing Tip Adjust errors, improving wait-staff efficiency while increasing Table Turn Rates and profits for merchants, leading to a better overall customer experience.

The market opportunity for this solution is immense, with over 635,000 restaurants in the United States that would benefit from the use of the SecureTablePay technology.

Posera’s CEO Loudon Owen said, “The historically pervasive fraud and theft of customer identity is simply unacceptable and unfair to merchants and customers alike. Our solution wages war on the criminals and puts the power and control back in the hands of the merchants and consumers. We are particularly pleased to have completed our second SecureTablePay distribution agreement with another prestigious US payment processor and further confirms acceptance of our leading solution. We anticipate that once the technical certification is complete and our partners sales force is up and running, we will accelerate our penetration into the US marketplace. Owen added, “Once customers and merchants realize how easy and convenient it is to pay-at-the-table, we expect this will become the “Standard” that customers will demand.”

1. Industry Terminology Explained: EMV (“Europay, MasterCard and Visa”) is a technical standard for smart payment cards, payment terminals and ATM’s (“Automated Teller Machines”). Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the exact authentication methods required to use them. Chip and PIN is the most secure type of technology for credit and debit cards transactions. Rather than physically signing a receipt for identification purposes, the user enters a four-digit Personal Identification Number (“PIN”). This number must correspond to the information that is stored on the Chip. Chip and PIN technology makes it much harder for fraudsters to replicate, therefore if a customer’s card is stolen, there will be no fraudulent purchases unless the criminal knows their four-digit PIN.

About POSERA

Posera has been a leading provider of hospitality technology for more than 30 years. It manages merchant transactions with consumers and facilitates all aspects of the payment transaction.
Posera’s full service solutions include SecureTablePay, which is an EMV compliant Pay-At-The-Table (“PATT”) application. Posera’s MaitreD’TM and FingerPrintsTM restaurant management systems offer a robust and comprehensive solution including hardware integration services, merchant staff training, system installation services, post-sale software and hardware customer support. Posera’s solutions are deployed globally including across the full spectrum of restaurants, from large chains and independent table service restaurants to international quick service chains and its products have been translated into eight languages.
Posera Ltd.’s shares are traded on the Toronto Stock Exchange under the symbol “PAY”.
More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements
This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual
Information Form to be filed on March 30th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies,

1.604.684.6730

TORONTO, May 24, 2016 /CNW/ – Posera Ltd. (TSX : PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced that Paul K. Howell has tendered his resignation as a member of the Board of Directors of Posera Ltd

Mr. Howell was one of the key contributors to Posera’s transformation since becoming a director and Chief Executive Officer of the organization in November, 2006. Mr. Howell stepped down from the role as Chief Executive Officer of Posera on September 25, 2015.

Loudon Owen, the Chairman of the Company’s Board of Directors, thanked Mr. Howell on behalf of the Board and the Company for his long-time dedication. “Paul has been an integral part of Posera for the past 9 years. We thank him for his commitment and leadership, and of course wish him well in all of his future endeavours.”

About POSERA

For more than 30 years, POSERA has been supporting merchant business success in the hospitality industry. POSERA is in the business of managing merchant transactions with consumers and facilitating all aspects of the payment transaction. Posera’s Maitre ‘D^TM and FingerPrints^TM Point-of-Sale solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, POSERA’s full service solutions include integrated and non-integrated debit and credit processing, EMV compliant Pay-At-The-Table (“PATT”) applications, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

Posera’s POS system software solutions, associated enterprise management tools have been deployed in 25 countries and 8 different languages at over 30,000 merchant locations worldwide. POSERA’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 500 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. Posera’s success will continue to be driven by the Company’s unwavering objective to ensuring the business success of its growing base of merchant clients.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30^th,2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

SOURCE Posera Ltd.

For further information:

Kevin Mills, Chief Financial Officer,

1.416.703.6462 ext. 2203,

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations

Contact:Caleb Jefferies,

1.604.684.6730

Toronto, ON – Posera Ltd. (TSX:PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced it has completed the sale of all issued and outstanding shares in the capital of its wholly owned subsidiary Zomaron Inc., to a company established by Zomaron’s current operating management team.

Consideration for the Zomaron sale is comprised of cash, repayment of intercompany debt and the assumption of negative working capital by the purchaser, resulting in Posera’s working capital improving by approximately $4.5 million.

Posera’s CEO Loudon Owen said, “The disposition of this non-core asset is a very positive step. Not only does it fortify our balance sheet, but it also enables us to concentrate on growing our core business. Posera will use the proceeds to accelerate its program of SecureTablePay middleware partnerships in the USA, along with the continued expansion of its Point-of-Sale (“POS”) platforms, MaitreD’ and Fingerprints.”

About POSERA

For more than 30 years, Posera has been supporting merchant business success in the hospitality industry. Posera manages merchant transactions with consumers and facilitates all aspects of payment transactions. Posera’s Maitre’DTM and FingerPrintsTM Point-of-Sale (“POS”) solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, Posera’s full service solutions include integrated and non-integrated debit and credit processing, SecureTablePay which is an EMV compliant Pay-At-The-Table application, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

Posera’s POS system software solutions, associated enterprise management tools and debit/credit payment terminals have been deployed in 25 countries and 8 different languages at over 30,000 merchant locations worldwide. Posera’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 500 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. Posera’s success is driven by the Company’s unwavering commitment to the business success of its growing base of merchant clients.

About ZOMARON

Founded in 2008, Zomaron provides credit and debit card processing solutions, known as Merchant Processing, to merchants in Canada. Through its nationwide network of sales representatives and strategic partnerships, Zomaron has experienced rapid growth and has approximately doubled its merchant count since the Company’s acquisition in December of 2013.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.416.703.6462 ext. 2203

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies

1.604.684.6730

Toronto, ON – Posera Ltd. (TSX:PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced it has released its SecureTablePay application enabling safe, secure and stable ‘Pay-at-the-Table’ capabilities. Posera has many years of Canadian and international success in the EMV Chip and PIN1 business.
SecureTablePay has a unique and leading architecture, provides both convenience and security and is already integrated to most of the leading Point-of-Sale applications. SecureTablePay is:

 (a) Unique Architecture & Rapid Implementation: It is the only semi-integrated EMV and Contactless application allowing restaurant wait-staff to totally manage payments, tips and tables, remotely from a wireless payment terminal. SecureTablePay also incorporates Chip and Signature, with end-to-end encryption for the US market. The semi-integrated approach requires less development effort, and a reduced Payment Card Industry (“PCI”) scope, enabling a vastly compressed time to market.

(b) Secure: SecureTablePay provides the extraordinary convenience of paying at the table for both restaurant wait-staff and their customers. It also provides a secure solution to the enormous security challenges and financial risks that merchants now face due to the October 2015 liability shift imposed by the payment processors. This liability shift imposes responsibility on merchants for chargebacks relating to fraudulent transactions.

(c) Market-Ready: SecureTablePay is integrated to 20 of the largest Point-of-Sale applications worldwide and our solution is already installed in several thousand hospitality merchants across Canada.

In addition, Posera is pleased to announce it has entered into a non-exclusive distribution agreement with a leading US payment processing company for its SecureTablePay application. While the distribution agreement will generate initial license fee revenues, it is primarily a recurring revenue model. The market opportunity for this solution is immense, with over 635,000 restaurants in the US that would benefit from the use of the SecureTablePay technology.

Posera’s CEO Loudon Owen said, “The US retail sector is reaching a threshold of indignation faced with a pervasive amount of fraud and theft of customer identity. Our solution wages war on the criminals and puts the power and control back in the hands of the retailers and consumers. We are particularly pleased to be at the forefront of this vital step in consumer protection and security and to be able to stand alongside a leading payment processor.” Owen added, “At the same time, customers are demanding the ability to pay at the table. As soon as customers experience it, we expect this will become a standard practice that customers will demand.”

   1) Industry Terminology Explained: EMV (“Europay, MasterCard and Visa”) is a technical standard for smart payment cards, payment terminals and ATM’s (“Automated Teller Machines”). Payment cards that comply with the EMV standard are often called Chip and PIN or Chip and Signature cards, depending on the exact authentication methods required to use them. Chip and PIN is the most secure type of technology for credit and debit cards transactions. Rather than physically signing a receipt for identification purposes, the user enters a four-digit Personal Identification Number (“PIN”). This number must correspond to the information that is stored on the Chip. Chip and PIN technology makes it much harder for fraudsters to replicate, therefore if a customer’s card is stolen, there will be no fraudulent purchases unless the criminal knows their four-digit PIN.

About POSERA

For more than 30 years, Posera has been supporting merchant business success in the hospitality industry. Posera manages merchant transactions with consumers and facilitates all aspects of payment transactions. Posera’s Maitre ’DTM and FingerPrintsTM Point-of-Sale (“POS”) solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, Posera’s full service solutions include integrated and non-integrated debit and credit processing, SecureTablePay which is an EMV compliant Pay-At-The-Table application, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

Posera’s POS system software solutions, associated enterprise management tools and debit/credit payment terminals have been deployed in 25 countries and 8 different languages at over 30,000 merchant locations worldwide. Posera’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 500 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. Posera’s success is driven by the Company’s unwavering commitment to the business success of its growing base of merchant clients.

More information about Posera can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.416.703.6462 ext. 2203

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies

1.604.684.6730

Toronto, ON – Posera Ltd. (TSX:PAY) (“Posera” or the “Company”), a leading provider of software solutions for the hospitality industry, today announced it has executed an agreement with a group representing the current management team of Zomaron Inc. (“Zomaron”) for the sale of all issued and outstanding shares of its wholly-owned Zomaron subsidiary.

Pursuant to the terms of sale which is expected to close on April 29, 2016, Posera will receive cash consideration as well as the cash repayment of an intercompany debt, which is outstanding between Zomaron and Posera. Financial terms of the sale have not been disclosed.

Posera’s CEO Loudon Owen said, “We have built the Zomaron merchant portfolio since it was acquired in 2013, through organic growth and a diligent sales force. This transaction enables Posera to execute on its focused strategy of growing its software business. Posera will use the proceeds to invest in its widely deployed Point-of-Sale (“POS”) platforms, MaitreD’ and Fingerprints, and its secure Pay-at-the-Table middleware solution. Based on our excellent working relationship, Posera and Zomaron will continue to work together in expanding each other’s businesses following this management buyout.”

Zomaron President Tarique Al-Ansari, said, “Zomaron will continue to service its loyal Merchant Processing customers throughout Canada. We also look forward to maintaining our close working relationship with Posera as we each focus on our core businesses.”

About POSERA

For more than 30 years, POSERA has been supporting merchant business success in the hospitality industry. POSERA is in the business of managing merchant transactions with consumers and facilitating all aspects of the payment transaction. POSERA’s Maitre ’DTM and FingerPrintsTM Point-of-Sale solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, POSERA’s full service solutions include integrated and non-integrated debit and credit processing, EMV compliant Pay-At-The-Table (“PATT”) applications, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

POSERA’s POS system software solutions, associated enterprise management tools and debit/credit payment terminals have been deployed in 25 countries and 8 different languages at over 30,000 merchant locations worldwide. POSERA’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 500 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. POSERA’s success will continue to be driven by the Company’s unwavering objective to ensuring the business success of its growing base of merchant clients.
About ZOMARON

Founded in 2008, Zomaron provides credit and debit card processing solutions, known as Merchant Processing, to merchants in Canada. Through its nationwide network of sales representatives and strategic partnerships, Zomaron has experienced rapid growth and has approximately doubled its merchant count since the Company’s acquisition in December of 2013.

More information about POSERA can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

Forward-Looking Statements

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

For more information:

Kevin Mills, Chief Financial Officer

1.416.703.6462 ext. 2203

kmills@posera.com

posera2.forcefivedev.ca

Investor Relations Contact:

Caleb Jefferies

1.604.684.6730

Toronto, ON – Posera Ltd. (TSX:PAY) (formerly Posera-HDX Limited) (“POSERA” or the “Company”), a leading provider of software and payment solutions for the hospitality industry, today announced its financial results for the three and twelve-months ended December 31^st, 2015.

In fiscal 2015, POSERA recognized $20,752,875 in revenues, an increase of $638,425 or 3.2% when compared to the year-ended 2014.

During the year-ended 2015 POSERA incurred restructuring expenditures of $662,512 (2014 – $nil) and incurred an impairment of $1,562,675 (2014 – $nil) to the goodwill allocated to the point-of-sale (“POS”) segment.

POSERA experienced a normalized EBITDA loss after adjusting for restructuring and the goodwill impairment, for the year-ended December 31, 2015 of $1,175,046, an increase in the loss of $1,162,586, from a loss of $12,460 for the year-ended December 31, 2014. The increase in the normalized EBITDA loss was mainly due to the loss resulting from the TMC acquisition, a slight margin compression in relation to the POS aspect of the business while realizing a small increase in costs of inventory and an adjustment in the recognition of director’s compensation.

The Company will continue to implement its restructuring efforts in order to achieve operational efficiencies with a view to obtain reduced expenditures and increased efficiencies leading to an overall improved financial performance. In addition, in order to grow its revenue streams the Company will introduce a range of new products and services both to its existing installed base and new potential customers.

The Company will hold a conference call on Friday, April 1^st, 2016 to discuss the financial results for the three and twelve-months ended December, 31^st, 2015, at 10:00 AM Eastern Standard Time hosted by Loudon Owen, Chief Executive Officer and Kevin Mills, Chief Financial Officer. A question and answer session will follow the corporate update.

Quarterly Highlights

• Recurring revenues for the three-months ended December 31, 2015 was $2,281,878, an increase of $457,621 (25.1%) from recurring revenues of $1,824,257 for the three-months ended December 31, 2014, and a decrease of $15,955 (0.7%) from recurring revenues of $2,297,833 for the three-months ended September 30, 2015;
• Total revenue was $5,649,436 for the three-months ended December 31, 2015, up $284,905 (5.3%) from $5,364,531 for the three-months ended December 31, 2014 and up $576,614 (11.4%) from $5,072,822 for the three-months ended September 30, 2015; and
• Normalized EBITDA profit(loss) for the three-months ended December 31, 2015 was a loss of $212,250, an increase in the loss of $277,264 from profit of $65,014 for the three-months ended December 31, 2014, and a decrease in the loss of $62,282 from a loss of $274,532 for the three-months ended September 30, 2015.

Annual Highlights

• Recurring revenues for the year-ended December 31, 2015 was $8,674,590, an increase of $1,284,534 (17.4%) from recurring revenues of $7,390,056 for the year-ended December 31, 2014;
• Total revenue was $20,752,875 for the year-ended December 31, 2015, up $638,425 (3.2%) from $20,114,450 for the year-ended December 31, 2014; and
• Normalized EBITDA loss for the year-ended December 31, 2015 was a loss of $1,175,046, an increase in the loss of $1,162,586 from a loss of $12,460 for the year- ended December 31, 2014.

CONFERENCE CALL DETAILS

Date: Friday, April 1^st, 2016
Time: 10:00 AM Eastern Standard Time

Participant Dial-in Numbers:
Local – Toronto (+1) 647-427-7450
Toll Free – North America (+1) 888-231-8191
Conference ID: 80753108

An archive of the conference call will be available by visiting the Company’s website at posera2.forcefivedev.ca/investor-relations. Please connect at least 10 minutes prior to the conference call to ensure time for any software download that may be needed to hear the webcast.

About POSERA

For more than 30 years, POSERA has been supporting merchant business success in the hospitality industry. POSERA is in the business of managing merchant transactions with consumers and facilitating all aspects of the payment transaction. POSERA’s Maitre ‘D^TM and FingerPrints^TM Point-of-Sale solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, POSERA’s full service solutions include integrated and non-integrated debit and credit processing, EMV compliant Pay-At-The-Table (“PATT”) applications, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

POSERA’s POS system software solutions, associated enterprise management tools and debit/credit payment terminals have been deployed in 25 countries and 8 different languages at over 30,000 merchant locations worldwide. POSERA’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 500 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. POSERA’s success will continue to be driven by the Company’s unwavering objective to ensuring the business success of its growing base of merchant clients.

More information about POSERA can be found on the Company’s website at posera2.forcefivedev.ca or under the Company’s profile on SEDAR at www.sedar.com.

For Further Information:

Kevin Mills, Chief Financial Officer
1.416.703.6462 ext. 2203
kmills@posera.com
posera2.forcefivedev.ca

Investor Relations Contact:
Caleb Jeffries
1.604.684.6730

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 30^th 2016 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements, unless required by law.

Toronto, ON –  Posera (TSX:PAY), a leading provider of software and payment solutions for the hospitality industry, announced that effective January 1st, 2016, the Company has changed its Company name to Posera Ltd. from Posera-HDX Limited.

With the adoption of a new legal name, this continues the Company’s efforts to rebrand the Company and is an expression of the Company’s dedication to continuous innovation and exceptional customer service.

“POSERA’s re-branding represents our evolution and direction,” said Board Chair and CEO Mr. Loudon Owen. “This name reflects a new, streamlined era in our Point-of-Sale (“POS”) and related offerings during which we will accelerate the expansion of our products, services, and locations.”

About POSERA

For more than 30 years, Posera has been supporting merchant business success in the hospitality industry. Posera is in the business of managing merchant transactions with consumers and facilitating all aspects of the payment transaction. Posera’s Maitre ‘DTM and FingerPrintsTM Point-of-Sale solutions are trusted by the top fine dining and quick-service hospitality brands around the world.

A TSX company trading under the symbol “PAY”, Posera’s full service solutions include integrated and non-integrated debit and credit processing, EMV compliant Pay-At-The-Table (PATT) applications, system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware customer support.

Posera’s POS system software solutions, associated enterprise management tools and debit/credit payment terminals are deployed in 25 countries and 8 different languages at over 20,000 merchant locations worldwide. Posera’s direct sales force is bolstered by a global dealership network of approximately 80 resellers which translates to approximately 560 representatives selling, supporting and installing its software and related products and services. Posera prides itself on its long and established track record of exceptional customer service and continued technological innovation. Posera’s success will continue to be driven by the Company’s unwavering objective to ensuring the business success of its growing base of merchant clients.

Forward-Looking Statements 

This discussion includes certain forward-looking statements that are based upon current expectations, which involve risks and uncertainties associated with our business and the environment in which the business operates. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, and similar expressions to the extent they relate to the Company or its management.  The forward-looking statements are not historical facts, but reflect Posera’s current expectations regarding future results or events.  These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under “Risks and Uncertainties” in the Annual Information Form to be filed on March 31st 2015 with the regulatory authorities. Posera assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements.