Aptito, LLC Announces Integration with USAePay

  Aptito, LLC Announces Integration with USAePay

  The New Integration Expands Aptito’s Connectivity to this Popular Payment
            Gateway for Easy and Secure Mobile Payment Processing

Business Wire

MIAMI -- August 8, 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 USAePay
payment gateway that is integrated with major payments platforms such as:
First Data, TSYS, Global Payments and Chase Paymentech as well as some of the
leading check processing platforms. 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. The new integration expands Aptito’s connectivity to
this popular payment gateway for easy and secure mobile payment processing.

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.

“Having a complete range of integration solutions that are tested and
certified with leading payments platforms makes Aptito a compelling offering,”
said Oleg Firer, CEO of Net Element. “USAePay is a technological leader and
their certified gateway is secure and fully compliant with PCI DSS security
standard.”

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 USAePay
as their payments network provider. USAePay 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.

“We are thrilled to team with Aptito’s unique mPOS solution,” said Ben
Goretsky, CEO of USAePay. “The PaySaber Clip and Aptito point of sale software
combine as a strong mobile solution for our merchants. We look forward to
adding their product line into our already robust point of sale offering.”

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 USAePay:

Since 1998 USAePay, a GorCorp Inc. company has been helping merchants process
their credit card and check transactions with speed and security. Founded by
the Goretsky brothers, the company is family-owned and based in Los Angeles;
CA. Currently the USAePay gateway supports all of the major platforms (eg.
First Data, TSYS, Global, Paymentech...) in the credit card industry and works
with some of the leading check platforms. USAePay is also pleased to work with
many of the larger merchant service banks in the US and abroad. For more
information, please visit http://www.usaepay.com or call 866.USA.EPAY
(872-3729).

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