MIAMI and TORONTO, June 18, 2021 / CNW / – XTM, Inc. (“XTM” or the “Company”) (QB: XTMIF) (CSE: PAID) (FSE: 7XT) a Miami and TorontoThe FinTech company based in the neo-banking space, providing mobile banking and payment solutions worldwide, is pleased to announce that Denny’s Canada has chosen the Today ™ Mobile app and XTM’s prepaid card for payment. tips. Denny’s Canada operates 59 restaurants across the country.
Denny’s Restaurants is one of the brands licensed and operated by Northland Properties at Canada, the force behind a wide range of hospitality and sports brands including Sandman Hotel Group, The Sutton Place Hotels, Moxie’s Grill & Bar, Chop Steakhouse & Bar the Dallas Stars, Grouse Mountain and Revelstoke Mountain Resort.
Incorporated in 1963 by the founder, Bob gaglardi, Northland Properties has flourished in a diverse group of companies and is recognized as one of the fastest growing hotel groups.
“It is our people who make Denny’s and all of Northland Properties’ hotel brands successful. We are committed to caring for our employees and always look for ways to recognize and inspire their efforts. As we continue to grow, XTM’s Today solution enables our staff at Denny’s to receive their tips and refunds owed quickly, easily and directly without business involvement and at no cost to them or the restaurant, ”said Deborah Gagnon, President and Chief Operating Officer at Denny’s Canada and vice president of Northland Properties Corporation.
“From grilled chicken and burgers to their hearty 9-grain pancake breakfast, Denny’s sets the standard for family dining,” said Marilyn Schaffer, CEO of XTM. “We are very happy to support Denny’s Canada staff with easy access to their tips. There is no better way for a smart organization to inspire its employees than by providing quick and easy access to their income. “
Also announced today, in accordance with its Restricted Share Unit (“RSU”) Plan (the “RSU Plan”) under which the Company may grant options and RSUs to attract, motivate and retain directors, officers, employees and consultants, and to align the interests of plan participants with those of the Company’s shareholders, XTM announced that the June 11, 2021 it issued 304,054 RSUs to its CFO and its strategic business development leaders, which vest upon grant. The RSUs have been issued as part of the contractual and discretionary compensation established for these employees and consultants.
XTM, www.xtminc.com, is a Miami and Toronto-Fintech innovator based in the neo-banking space, helping businesses and service workers in the hospitality and personal care space to disseminate and access earned wages and tips. XTM’s Today ™ solution, consisting of a free mobile app and a Visa or Mastercard debit card with free banking features, is used by thousands of restaurants, lounges and staff across Canada and the United States. XTM is a global card issuer and real-time payments specialist and our technology is used free of charge by restaurants and lounges to automate and accelerate worker payments and remove cash from their ecosystems. XTM’s Today solution delivers business value with efficiency and a tailored user experience designed specifically for restaurateurs and personal care services.
About Denny’s Restaurants Canada
Vancouverbased at Northland Properties Corporation (dba Denny’s in Canada) currently owns and operates 59 Denny’s restaurants across Canada. Northland Properties Corporation is a franchisee of DFO, Inc. A member of the highly regarded Denny’s organization, Northland has a well-earned reputation for quality and customer satisfaction. Fluffy pancakes with crispy bacon and juicy burgers with something from the Adapted price® Menu, customers will always find delicious value and variety around the clock. Dencan Franchise Systems, Limited Partnership (under the Northland umbrella) is the primary franchisee of Canada provide franchises for Denny’s Canada Locations.
This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws (“forward-looking statements”), within the meaning of applicable Canadian securities laws, including expected performance. of XTM, the expectation that the companies with which XTM does business or is committed to doing business will do so within the expected time frame, the continuing trend towards electronic payment methods, that integrations will attract new business owners. company to use the Today program, and XTM terms and conditions and earnings. Forward-looking statements are statements which are not historical facts and are generally, although not always, identified by words such as “expect”, “plan”, “anticipate”, “project”, “target”, “Potential”, “,” forecast “,” budget “,” estimate “,” intend “or” believe “and similar expressions or their negative connotations, or that events or conditions” will “,” would be “,” could “,” could “,” should “or” could “occur. While XTM can do its best to estimate when businesses will reopen or return to pre-Covid 19 activity levels, it does There is no guarantee that this will happen within the time frame expected by the Company or that it will not happen. All of these forward-looking statements are based on the opinions and estimates of management as of the date on which such statements are made. These forward-looking statements are made as of the date of this press release. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the circumstances, results or future results anticipated or implied by such forward-looking statements will occur or that the plans, intentions or expectations upon which The forward-looking statements are based will occur.
The CSE has neither approved nor disapproved the contents of this press release, and the CSE accepts no responsibility for the adequacy or accuracy of this press release.
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SOURCE XTM Inc.
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