Value Exchange International Limited Secures Multi-Year Software as a Service Agreement With One of Asia's Largest Retail

Value Exchange International Limited Secures Multi-Year Software as a Service 
Agreement With One of Asia's Largest Retail Conglomerates 
Value Exchange International Ltd, a Retail Technology Company, Has
Signed an Agreement With One of Asia's Largest Retail Companies for
the Implementation of Their Proprietary Mobile Loyalty Software
HONG KONG, CHINA -- (Marketwired) -- 06/10/14 --   Value Exchange
International Limited (VEI), a leading technology company
incorporated in Hong Kong, providing innovative digital technology
solutions primarily for the retail industry, is pleased to announce
they have signed a multi-year Blanket Purchase Agreement (BPA) with a
leading Asian retail conglomerate for the implementation of their
flagship Software-as-a-Service (SaaS) based mobile loyalty solution.  
The software is expected to service over 1,000 outlets of the leading
retailer in the Hong Kong (SAR) region, which are operated and
franchised under some of the world's leading international retail
brands. This is the first move before eventually expanding to other
associated brands and to the Greater China and the Asia-Pacific
Under the terms of the BPA, the services will launch in October 2014
and cover a two-year period, with term of renewal for another one
year. The current agreement value of US$ 350,000 is expected to
exceed US$ 5.6 million in returns if deployed at the aforementioned
brand partners.  
VEI's proprietary mobile Stored Value Card (mSVC) solution is an
omnichannel mobile loyalty solution designed to help merchants tailor
their business in countless ways to reinforce their brand image and
philosophy, streamline core business processes, and enable
customer-friendly policies. Offered through a SaaS architecture, the
solution is easy to deploy and maintain. It further allows the
integration of point-of-sale data with data gathered from mobile
interactions to provide a more enhanced and valuable inventory of
data that the VEI expects will be of great interest to clients,
advertisers and brands. 
This implementation aims to connect the leading retail conglomerate
and its partners to its customers. This latest development symbolizes
a key milestone for VEI following the earlier announcement of another
strategic partnership with US listed payments processing company,
Sino Payments Inc. (OTC Pink: SNPY) (PINKSHEETS: SNPY). With these
two new developments, VEI is poised to become a worldwide leader in
digital technology services among retailers. 
SNPY has a strong customer base in the Point-of-Sale (POS) in the
region. The merger of SNPY and VEI will add new value to the SNPY
Group's retail solution offerings by enhancing the functionality of
the overall retail business model. By integrating VEI's expertise in
mSVC and digital technology to the SNPY Group's existing portfolio,
this merger offers significant potential to harmonize the operations
of all related entities. Furthermore, this new contract would not
only contribute to the SNPY Group's business revenue but also to its
organizational growth in the ever-evolving digital technology
Kenneth Tan, CEO of VEI, proclaimed, "This deal will be a complete
game changer for our mobile marketing company and an evolution in the
overall checkout process. With mSVC and the use of digital rewards,
we help brands and retailers track customer behavior, enabling them
to deliver personalized offers to boost traffic and increase sales.
We are confident mSVC will revolutionize the way uses mobile
marketing and loyalty rewards for their business and act as an
integral piece of their customer retention strategy." 
VEI's impressive client list includes some of the largest and most
well-known Asian retail merchants. These include:  

--  Dairy Farm International Holdings Limited (HKSAR) - Dairy Farm is a
    leading pan-Asian retailer. At 30th June 2013, the Group and its
    associates and joint ventures operated over 5,700 outlets; employed
    over 97,000 people and had total annual sales in 2012 exceeding US$11
    billion. The Group operates supermarkets, hypermarkets, convenience
    stores, health and beauty stores and home furnishings stores under
    well-known brands. The Group has a 50% interest in Maxim's, Hong
    Kong's leading restaurant chain. Dairy Farm International Holdings
    Limited is incorporated in Bermuda and has a premium listing on the
    London Stock Exchange, with secondary listings in Bermuda and
    Singapore. Dairy Farm is a member of the Jardine Matheson Group.
--  Sa Sa International Holdings Limited (HKSAR) - Asia's leading
    cosmetics company principally engaged in the retailing and wholesaling
    of cosmetic products, The Company operates in two segments: retail
    segment, engaged in the operation of cosmetics specialty stores, which
    offer a variety of products from over 600 beauty brands, covering a
    wide of products from skin care, fragrance, make-up, body care and
    hair care to health foods, and brand management segment, engaged in
    the management of over 100 beauty brands.
--  German Pool Ltd (HKSAR) - Home appliance retail giant specialized in
    the manufacturing, distribution and marketing of an impressive
    inventory of high-quality domestic appliances and applications for
    over 30 years, operating from more than 700 retail outlets and major
    department stores in Hong Kong with a direct presence in the USA,
    Canada, UK, Germany and the People's Republic of China.

About Sino Payments Inc., (
 Sino Payments is a US
public company and leading provider of customer-centric solutions for
the retail industry. By integrating market-leading
Point-of-Sales/Point-of-Interaction (POS/POI) and retail solutions,
Sino Payments provides retailers with the capability to offer a
consistent shopping experience across all channels, all the time,
enabling them to easily and effectively manage the customer lifecycle
on a one-to-one basis. Sino Payments has registered office in Hong
Kong and direct presence in Shenzhen, Guangzhou, Shanghai, Beijing,
and Manila with over 200 staff. 
About VEI (
 Value Exchange International (VEI) is
a company that provides system integration, consultancy services and
a wide range of IT services and solutions to various organizations,
primarily in the retail sector. VEI integrates essential components
of shopping into an omnichannel platform to enhance the consumer
shopping experience and ensure retail commerce success. VEI helps
retailers to truly blur the lines between Web, retail, mobile,
catalog, call center and kiosk, taking the best of each channel and
making it possible across all channels. VEI is headquartered in Hong
Kong and has direct presence in Beijing, Shanghai, Guangzhou,
Shenzhen, Jakarta and Manila. 
 Except for factual statements made
herein, the information contained in this press release consists of
forward-looking statements that involve risks and uncertainties,
including the effect of changing economic conditions, competition
within the credit and security industry, customer acceptance of
products and other risks and uncertainties. Such forward-looking
statements are not guarantees of performance, and Sino Payments, Inc.
or other related entities results could differ materially from those
contained in such statements. These forward-looking statements speak
only as of the date of this release, and Sino Payments, Inc. or other
related entities undertakes no obligation to publicly update any
forward-looking statements to reflect new information, events or
circumstances after the date of this release. 
Value Exchange International Limited
Kenneth Tan 
T 852.2950.4288  
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