New Media Insight Group Announces Upcoming Launch of Proprietary NFC Payment Solution

PHOENIX, July 8, 2014 /PRNewswire/ -- New Media Insight Group, Inc. ("New Media" or "the Company") (OTCBB: NMED), a leader in mobile payments, announced today that they are in the final development stages of a near field communication (NFC) payment solution and plan to launch it over the next three to four months.

NFC is a sensor driven technology that will allow merchants and customers to conduct "tap-to-pay" transactions, sourced from their mobile device. Near field communication is enabled by host card emulation (HCE) technology, which is endorsed by Google and is available on all stock Android mobile devices. Also, MasterCard and Visa have both endorsed HCE technology, and MasterCard is expected to publish a series of HCE standards this month.

Furthermore, all U.S. merchants will be required to update their credit card terminals to allow for "Chip and Pin" transactions by October 2015. This new universal standard of technology will, by default, equip all merchant credit card terminals with the capability to process New Media's tap-to-pay transactions.

"By adding a sensor driven NFC payment solution to our portfolio, we can provide a more comprehensive offering for our merchants, and we are prepared to maintain our versatility and adaptability while technology standards in our market continue to advance," stated Michael Palethorpe, CEO of New Media. "Following the great reception we experienced from the launch of our CloudPay product, this was a logical next step for New Media -- especially considering all credit card terminals in the U.S. will be equipped for 'Chip-and-Pin' payments by October of next year. We expect to launch our NFC solution over the next three to four months, and remain confident that our best-of-breed marketing portal and easy to adopt technology will drive growth for New Media."

Merchants can find out more about mCards, Cloud Payments and other New Media Insight Group solutions at: http://www.newmediainsights.com

About New Media Insight Group, Inc.

New Media Insight Group, Inc. (OTCBB: NMED) is an innovative mobile payments company. New Media Insight recently launched mCards, a system that allows merchants to accept mobile payments without any additional hardware other than an existing terminal that takes MasterCard. New Media Insight is employing a grassroots strategy to increase mCards adoption, focusing its efforts on building alliances with channel partners that already have strong relationships with merchants.

Notice Regarding Forward-Looking Statements

This news release contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to any future sales of mCARDS, the features and security related to the mCARDS, any benefits that mCARDS may provide to medium and small businesses, and the company developing, acquiring and scaling solutions that monetize social and mobile media more effectively than traditional advertising.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Investor Contacts:
KCSA Strategic Communications
Phil Carlson / Vincent Piazza
212-896-1233 / 1289
[email protected] / [email protected]

SOURCE New Media Insight Group, Inc.

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