Aptito, LLC Announces Integration with TSYS

  Aptito, LLC Announces Integration with TSYS

 The New Integration Expands Aptito’s Connectivity and Aligns it with One of
               the World’s Largest Payment Processing Networks

Business Wire

MIAMI -- August 2, 2013

Net Element International (NASDAQ: NETE), a technology-driven group
specializing in electronic commerce and mobile payment processing, is pleased
to announce today that Aptito, LLC, has completed its integration with Total
System Services, Inc. (NYSE: TSS), one of the world’s largest processors of
merchant acquirers and bank credit card Issuers handling over 40 million
payments per day. Aptito, LLC, is a next generation, cloud-based point of sale
payments platform, operated through TOT Group, Inc. (“TOT”) the mobile
payments and transaction processing subsidiary of Net Element International.
Integration and Certification has been completed on Total System Services’
TSYS^® processing network for all of Aptito’s functionality.

Aptito helps restaurants drive consumer engagement via tablet, mobile and all
other cloud-connected devices. Aptito’s Restaurant mPOS solution provides
restaurants with tools to increase sales, productivity, and customer loyalty.
The solution is a tablet-based POS that combines traditional POS functionality
with mobile ordering, payments, social media, intelligent offers, mobile
applications, loyalty, and transactional data all in one solution with
Aptito’s cloud-based payments platform at the center of it all. Restaurants
can leverage Aptito to plug into social networks, daily deal promotions and
other marketing programs while having the ability to use Aptito’s integrated
mobile marketing tools to deploy their own lead generation campaigns and
loyalty rewards.

“We want to give our merchant partners and customers the widest range of
solutions possible and build on our value proposition as a market leader in
innovation and value added products,” said Oleg Firer, CEO of Net Element.
“This direct integration will give us a seamless connection to industry leader
TSYS and expands the capabilities of our cloud-based mPOS payments platform.”

Accepting payments at tableside enables faster service and less wait time for
consumers. Aptito’s “visual” point of sale concept is designed to speed up the
learning curve and increase order input productivity. Additionally, Aptito
offers a mobile commerce application that allows any restaurant to deploy
mobile ordering tied to the mPOS. Aptito’s Self Ordering Apple^® iPad^®-based
kiosk allows operators to increase sales by providing an automated ordering
system which gives customers the speed and convenience that has been lacking
in many areas of food industry including Quick Service Restaurants (“QSR”).
The new integration allows merchants to use the Aptito platform with TSYS as
their payments network provider. TSYS supports all standard transaction types
including full and partial authorizations and reversals. This marks another
major step for Aptito in getting direct integration with all the major
processing networks in the US.

“Seamless integration with TSYS means that our customers have a reliable and
capable POS system that keeps pace with the demands of an industry that often
runs 24/7,” said Gene Zell, CEO of Aptito. “TSYS is one of the world’s most
successful and reputable payment processing networks and we are thrilled to
offer this service to our customers.”

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 TSYS

At TSYS, (NYSE: TSS), we believe payments should revolve around people — not
the other way around. We call this belief "People-Centered Payments^SM." By
putting people at the center of every decision we make, TSYS supports
financial institutions, businesses and governments in more than 80 countries.
Through NetSpend, a TSYS Company, we empower consumers with the convenience,
security, and freedom to be self-banked. TSYS offers issuer services and
merchant payment acceptance for credit, debit, prepaid, healthcare and
business solutions. TSYS’ headquarters are located in Columbus, Georgia, with
local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides
services to more than half of the top 20 international banks, and has been
named one of the 2013 World's Most Ethical Companies by Ethisphere magazine.
TSYS routinely posts all important information on its website, for more please
visit us at www.tsys.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. Any statements contained in this
press release that are not statements of historical fact may be deemed
forward-looking statements. Words such as "want," “will,” "continued," “may,”
“could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,”
“believe,” “estimate,” “predict,” “potential,” and similar expressions are
intended to identify such forward-looking statements. These forward-looking
statements include, without limitation, the extent that Aptito achieves direct
integration with all the major processing networks in the United States;
whether Net Element International achieves the position of a market leader in
innovation and value added products its industries; and whether Net Element
International or its business continues to grow. All forward-looking
statements involve significant risks and uncertainties that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements, many of which are generally outside the control of
Net Element International and are difficult to predict. Examples of such risks
and uncertainties include, but are not limited to: (i) Net Element
International’s ability (or inability) to obtain additional financing in
sufficient amounts or on acceptable terms when needed; (ii) Net Element
International’s ability to maintain existing, and secure additional, contracts
with users of its payment processing services; (iii) Net Element
International’s ability to successfully expand in existing markets and enter
new markets; (iv) Net Element International’s ability to successfully manage
and integrate any acquisitions of businesses, solutions or technologies; (v)
unanticipated operating costs, transaction costs and actual or contingent
liabilities; (vi) the ability to attract and retain qualified employees and
key personnel; (vii) adverse effects of increased competition on Net Element
International’s business; (viii) changes in government licensing and
regulation that may adversely affect Net Element International’s business;
(ix) the risk that changes in consumer behavior could adversely affect Net
Element International’s business; (x) Net Element International’s ability to
protect its intellectual property; and (xi) local, industry and general
business and economic conditions. Additional factors that could cause actual
results to differ materially from those expressed or implied in the
forward-looking statements can be found in the most recent annual report on
Form 10-K and the subsequently filed quarterly reports on Form 10-Q and
current reports on Form 8-K filed by Net Element International with the
Securities and Exchange Commission. Net Element International anticipates that
subsequent events and developments may cause its plans, intentions and
expectations to change. Net Element International assumes no obligation, and
it specifically disclaims any intention or obligation, to update any
forward-looking statements, whether as a result of new information, future
events or otherwise, except as expressly required by law.

Contact:

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