Small-Cap Investor Forum

[MissionIR]

MissionIR Releases Audio Interview with Net Element, Inc. (NETE) CEO

Today we published an exclusive interview with Net Element, Inc. Chief Executive Officer Oleg Firer. The full audio interview is available http://nete.missionir.com/nete/interview.html.

Net Element is a technology-driven group specializing in mobile payments and value-added transactional services to small-sized and medium-sized businesses in emerging countries and the United States. The company’s innovations enable consumers to conduct commerce transactions from their mobile device, while online and offline payment capabilities allow merchants to reliably transact business anywhere and anyhow.

Leadership is invaluable to any company’s success, and Net Element CEO Firer leads the company with 12 years of experience in the payments business backed by expertise in M&A and payments-based technology. He is also the founder of Unified Payments, which in 2012 was ranked the No. 1 fastest growing company by Inc. 500 Magazine.

In the interview, Firer further details his background, the experience of his supporting management team, as well as his outlook for the mobile payments industry.

“It is evident there is already a huge shift from cash transactions to alternative payment methods; I am a firm believer in the growth opportunities in this industry. The market is huge — it’s a multi-billion dollar market today, and I believe it’s growing rapidly … over 60 million potential iPhone 6 and iPhone 6 Plus users will be able to transact in mobile commerce in the near future using newly introduced Apple Pay service,” he said.

Competing in a market of this caliber requires forethought and strategy, and if Net Element’s milestones for 2014 are telltale, the company has a clearly defined path toward success. Among those achievements, Net Element secured several multi-million dollar financings; most recently, the company completed a $16 million debt exchange transaction; divested non-core assets; sharpened its focus on transactional mobile payments; and achieved an impressive debt-free status.

Moving forward, Net Element aims to maintain its momentum for accelerated growth.

“The goals for the company are to grow revenues substantially, to turn profitable and to have sustained profitability on a go-forward basis. The sky is the limit from here. We are looking to make a strong foothold in this industry,” said Firer.

Wrapping up the interview, Firer discusses key company partnerships that support Net Element’s next stage of expansion particularly in Russia and the Commonwealth of the Independent States, which included the most recent financing of $11 million from Alfa-Bank, Russia’s largest private bank.

“We’re very proud of our new partners that believe in the company and put their money where their mouth is. It’s really encouraging for us and we are confident that the company will achieve its goals,” he concluded.

For more information, visit www.netelement.com