Newly appointed CEO of Net Element International is Recognized as a Top Entrepreneur by Business Leader Magazine and Ernst &

  Newly appointed CEO of Net Element International is Recognized as a Top
  Entrepreneur by Business Leader Magazine and Ernst & Young

  Oleg Firer is a Recipient of a 2013 Top Entrepreneurs Award from the South
    Florida Edition of Business Leader and is Nominated for E&Y’s Florida
                        Entrepreneur of the Year Award

Business Wire

MIAMI -- May 2, 2013

Net Element International (NASDAQ: NETE), a technology-driven group
specializing in electronic commerce and mobile payment processing is pleased
to announce that its CEO , Oleg Firer, has been nominated for the Ernst &
Young 2013 Florida Entrepreneur of the Year Award^®, this is Mr. Firer’s
second nomination. Mr. Firer also received a 2013 Top Entrepreneurs Award from
the South Florida Edition of Business Leader magazine.

Oleg Firer, Chief Executive Officer of Net Element International, Inc.
(NASDAQ:NETE)(Photo: Business ...

Oleg Firer, Chief Executive Officer of Net Element International, Inc.
(NASDAQ:NETE)(Photo: Business Wire)

This is the 6^th year Business Leader has recognized the top entrepreneurs of
the South through their Top 50 Entrepreneurs Awards. Winners of this award are
entrepreneurs that have created innovative, high achieving companies that
contribute to their industries and business communities. Events honoring the
winners will be held in Atlanta, Nashville, Memphis, Tampa, Jacksonville,
Raleigh, Greensboro and Charlotte. The Miami event was held April 24^th, where
Mr. Firer was presented his award.

For more than 25 years, the Ernst & Young award has given recognition to men
and women who continue to strive, innovate and build enterprises even in the
most challenging of environments. Ernst & Young’s Entrepreneur of the Year
Award is one of the most prestigious business awards for entrepreneurs. The
award recognizes innovative entrepreneurs who have successfully launched new
ventures which have contributed to job creation and growth. Additionally, the
coveted award celebrates leaders who have demonstrated extraordinary success
as evidenced by their innovation, financial performance, and commitment to
both their business and their community.

Ernst & Young award nominees and recipients will be honored at a gala on June
13, 2013 in Miami, Florida. More than 500 guests from across the state will
attend this celebratory tribute to Florida’s best entrepreneurs.

“Receiving a nomination from Ernst & Young and being selected as a Business
Leader Top Entrepreneur are great honors that also give recognition to the
very talented team of innovators, executives and regional sales teams I work
with who all demonstrate entrepreneurial spirit every day,” said Mr. Firer.
Adding, “My most recent venture, Unified Payments, is a provider of
transaction processing services and payment-enabling technologies that was
recognized by Inc. Magazine as the fastest-growing private company in the U.S.
in 2012. It was incubated and grown in Florida, and now as part of Net
Element, our opportunities for further expansion are endless.”

About Net Element International (NASDAQ: NETE)

Net Element International (NASDAQ: NETE) is a global technology-driven group
specializing in electronic commerce, mobile payments and transactional
services. The company owns and operates a global mobile payments and
transaction processing provider, TOT Group, as well as several popular content
monetization verticals. Together with its subsidiaries, Net Element
International enables ecommerce and content-management companies to monetize
their assets in ecommerce and mobile commerce environments. Its global
development centers and high-level business relationships in the United
States, Russia and Commonwealth of Independent States strategically position
the company for continued growth. The company has U.S. headquarters in Miami
and international headquarters in Moscow. More information is available at
www.netelement.com

About Business Leader Magazine

Business Leader Magazine's South Florida Edition is a monthly publication
focused on covering the companies, leaders and business happenings in South
Florida. The magazine features profiles of South Florida businesses and
business leaders as well as feature stories and expert columns on the trends
affecting the South Florida business community. Features, news, and profiles
cover topics in the legal, financial, technology, management, marketing, and
advertising industries, business services industries and top women in
business, business leaders, entrepreneurs, and movers and shakers are
highlighted.

About Ernst & Young’s Entrepreneur Of The Year

Ernst & Young’s Entrepreneur Of The Year is the world’s most prestigious
business award for entrepreneurs. The unique award makes a difference through
the way it encourages entrepreneurial activity among those with potential and
recognizes the contribution of people who inspire others with their vision,
leadership and achievement. As the first and only truly global award of its
kind, Entrepreneur Of The Year celebrates those who are building and leading
successful, growing and dynamic businesses, recognizing them through regional,
national and global awards programs in more than 140 cities in 50 countries.

Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130502005559/en/

Multimedia
Available:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50623521&lang=en

Contact:

Net Element International
Dan Bruck, 305-507-8808
dbruck@netelement.com
www.netelement.com
 
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