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Monday, 08/14/2017 8:38:08 AM

Monday, August 14, 2017 8:38:08 AM

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$GOHE NEWS OUT: Global Payout, Inc. Finalizes Licensing Agreement with Cagney Global Logistics for the use of the Global Payout Technology Platform

SAN DIEGO, CA--(Marketwired - Aug 14, 2017) - Global Payout, Inc. ( OTC PINK : GOHE ) (the "Company") today announces that it has finalized and fully executed a Licensing Agreement with Cagney Global Logistics for the exclusive white labeling and implementation of the Global Reserve Platform. The Platform will be integrated into Cagney's existing delivery and payment component, the Final Mile solution, to enhance its Fortune 500 customer web sales.

The finalization of this agreement comes on the heels of the Letter of Intent that was executed between the companies on May 1, 2017. Under the LOI, Global Payout and Cagney entered into advanced phases of planning the integration of the Global Reserve Platform into the existing processes and software currently utilized by Cagney for its logistics supply chain.

"Our technical team has been diligently working to address the specific needs and requests that have been presented to us by Cagney," says Global Payout President William Rochfort. "In this time, we have developed a more in-depth understanding as to how the intricate components available in our Global Reserve Platform can be configured to deliver a platform for Cagney that will completely enhance the logistics supply chain process experience for its customers and delivery partners."

Global Payout expects that the finalization of this Licensing Agreement will provide the Company with a revenue stream as early as the beginning of the third quarter of 2017. For Cagney, the agreement will enable improved payment and supply chain efficiency.

"The Global Reserve Platform provides Cagney Global Logistics, our e-commerce customers, and 'Final Mile' delivery partners anywhere in the United States, a true market differentiator streamlining payment solutions and pipeline visibility. Home and office web sale deliveries for the exploding 'e-tailer' marketplace is by far the hottest space in logistics today," said Tom Cagney, founder and CEO. "Customer success is our goal, and Global Payout has provided us with a truly unique solution to speed delivery, payment options and cloud based control tower visibility."

Global Payout and Cagney will collaborate on the integration of the Global Reserve Platform with the intent to roll-out a test launch in key markets in the coming weeks.

Global Payout Inc. (OTC Trading Symbol: GOHE)
Website: http://www.globalpayout.com/

GOHE has been a leading provider of comprehensive and customized prepaid payment solutions for domestic and international organizations distributing money to its employees and members worldwide since 2009. Global's success in developing and implementing a Consolidated Payment Gateway(CPG) allowed our enterprise clients to provide direct bank account, mobile account, and prepaid card account options to a compliant constituency. The CPG served as a hub to international bank networks and processors, user mobile interfaces, and prepaid cards. Our CPG user and technical experience has laid the groundwork for Global to evolve as a new generation payment services provider by replacing legacy systems for processing currency and commodity transactions. This is all part of the digital disruption underlying the fintech industry. As the role and relevance of today's banks is shrinking, Global Payout is simultaneously helping the financial market to create better, faster, cheaper services for individuals, enterprises and governments.

Comprehensive FPS Profile link including EVERYTHING you want to know on GOHE including recent updates, PR's, Quote, stock price, ETC:
http://www.frontpagestocks.com/global-payout-inc-gohe-2/

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