Pax Global Technology : Impresses at TRUSTECH 2016 with Android Payment Solutions

[For Immediate Release]

PAX Impresses at TRUSTECH 2016 with Android Payment Solutions

(Hong Kong, PRC, 2 Dec 2016) PAX Global Technology Limited ("PAX," HKSE stock code: 00327.HK), one of the world's leading Electronic Funds Transfer Point-of-Sale Terminal ("E-payment Terminal") Solutions Services Providers, participates in the exhibition TRUSTECH 2016 in Cannes, in which PAX unveils its state-of-the-art secure payment terminals this week.

The new A920 Android terminal has captured phenomenal interests in the exhibition. It is the first secure mobile tablet device which comes with a select set of ECR software and a wider range of value-added applications, and complies with all necessary industry standards and certifications.

PAX also showcases its third generation of mPOS model - the sleek D220 MiniPOS, as well as the world's most advanced countertop terminal, Q80.

Mr. Andrew Wu, Vice President of PAX, said: "We were delighted to hear positive feedbacks from many acquiring banks and payment system integrators. They have shown their confidence in these PAX innovative solutions which are expected to help drive a new wave of growth in the dynamic payment industry."

Mr. Jack Lu, CEO of PAX, concluded: "We would like to thank our worldwide channel partners and all customers who visited us during TRUSTECH. PAX will continue to focus on global market development and local network building to better serve clients with superior products and services."

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About PAX Global Technology Limited (www.paxglobal.com.hk)

PAX Global Technology Limited (Stock Code: 00327.HK) is an innovative global provider of E-payment Terminal solutions. Building on its service excellence and proven leadership position, PAX is one of the fastest growing payment industry suppliers with state-of-the-art manufacturing facilities, excellent R&D capabilities and a worldwide network of sales and channel partners.