U.S. Markets closed

MoneyTrac Technology, Inc. Teams Up with High Grade Management Group, Inc. for Sales and Marketing of Apple Vapes

SAN DIEGO, Jan. 09, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Global Payout, Inc. (GOHE) ("Global") is pleased to announce that its majority owned subsidiary, MoneyTrac Technology, Inc. ("MTRAC" "MoneyTrac", the "Company") has executed a Sales and Marketing Management Agreement with High Grade Management Group, Inc. ("HGMG") to guide the development and implementation of a sales and marketing campaign to support the successful launch of HGMG's Apple Vapes products.

Aiming to revolutionize and capture a significant share of the multi-million-dollar vape market space, HGMG has introduced Apple Vapes. This new line of products delivers innovative and high-quality vape pens, chargers, and oils to consumers and retailers in one of the fastest growing market spaces.

In addition to providing MTRAC with a direct source of revenue through the retainer they will receive for sales and marketing services, the agreement also serves as reinforcement of MTRAC's expanding business development service arm which is directed towards the growing number of businesses in the underserved cannabis industry.

Said MTRAC CEO, Vanessa Luna: "This Agreement is an excellent opportunity for MoneyTrac to play a strategic role in developing effective brand awareness for HGMG's Apple Vapes product line. The support and expertise that I anticipate our business development team will be able to lend to HGMG will undoubtedly provide them with the invaluable tools and resources necessary to take full advantage of a rapidly expanding marketplace."

Said HGMG CEO, Mark Glover: "As we look to capitalize on the multi-million-dollar vape industry, securing a partnership like this with MoneyTrac is absolutely vital in making sure we make a significant splash in this competitive market space as well as ensure that Apple Vapes is positioned to become a consistent revenue powerhouse by delivering the most innovative and top quality vape products to consumers and retailers in the industry."

About Global Payout, Inc. (OTC Pink:GOHE)

Since the Company's inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money worldwide. In 2014, Global introduced its first online payment platform called the Consolidated Payment Gateway (CPG), which allowed its enterprise clients to transfer money to international bank accounts, mobile accounts, and prepaid card accounts. The development of the CPG became the foundation for the introduction of its new, state of the art FINTECH payment system in 2017, for both online and mobile applications to allow account holders to maximize an expanded suite of financial services and minimize operational costs. Global will continue to offer their FINTECH payment system to many vertical markets for support of foreign currency exchange and digital currency, including ongoing support of the banking industry and international governments.

About MoneyTrac Technology

MoneyTrac Technology, Inc. is a pioneer in offering a full-service solution for alternative banking and electronic financial solutions and provides all aspects of financial technology including E-Wallet and mobile apps services for businesses and companies in various "high-risk" industries. MoneyTrac's technology platform allows for its clients to access their financial information from anywhere in the world, in addition to providing tracking and compliance to help them manage and control the flow of all revenue through their business.

About High Grade Management Group

High Grade Management Group ("HGMG") is an innovative company in the emerging cannabis market. Our vision is to be leaders in creating professional, successful, and responsible businesses with a primary focus on retail, sales and marketing, brands and manufacturing and cultivation.

High Grade Management Group, Inc. provides sales and marketing, branding, public relations, and advisory and consulting services specific to the cannabis industry, designs industry-specific solutions and facilities, and distributes proprietary and tailored intellectual property, products, and services to cannabis operators and businesses. The Company operates in the regulated cannabis industry in states and countries where cannabis is

Forward-Looking Statements Disclaimer:

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. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Public Relations and Media Contact:

Global Payout

www.GlobalPayout.com

619.795.5810 Office

Information@GlobalPayout.com

Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com