FingerMotion Corporate Update Regarding COVID-19

New York, NY - (NewMediaWire) - April 22, 2020 - FingerMotion, Inc. (OTCQB: FNGR), a US fintech company with mobile payment and recharge platform operations in China, is pleased to provide the following message from its CEO.

Message from the CEO

These are unprecedented times – we have all been made aware of the things that are truly important in our lives – our health and our families – and we are able to re-focus our energy to give thanks to those that continue to put themselves at risk for the betterment of society. The doctors, nurses, first responders and hospital workers are all in our prayers, along with the frontline workers such as grocery store clerks, delivery drivers, cooks and countless others that commit to their work schedules, allowing us to maintain some semblance of normalcy. For all of you, we are grateful.

In the past few weeks, I have seen many companies issue statements regarding their operations during this COVID-19 pandemic; however, we were reluctant to make any comments for fear of appearing tone-deaf to the real crises at hand. People are concerned about their next paychecks and the status of their employment, or whether they will have a roof over their head or food on the table in the coming months. However, we do realize that our Company plays a valuable role, however minor, in the continuing functions of the everyday lives of our business partners and customers.

To fulfill our responsibilities, we must first prioritize the safety of our employees and staff. In terms of procedures, we follow the guidance of the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) for best practices.  We have also implemented a travel ban prohibiting non-essential travel, in accordance with all national, state and local restrictions. And where possible, we are encouraging the use of videoconferencing for all meetings during this phase of restricted movement.

At the same time, we remain focused on building our Company’s foundational businesses, maximizing our operational efficiency to utilize the opportunities we have been afforded. Although this is not “business-as-usual”, we are fortunate that much of our business is online, allowing us to continue running without significant disruption.

As a Company, we have always made every effort to understand the concerns of our shareholders, and how the decisions of our Company impact their lives. During this period of uncertainty, we recognize that our best duty of service would be to ensure we continue building the best Company possible, balancing commercial growth with our tenets of philanthropy and goodwill. This means that while we aim for financial success for both us and our business partners, we must also provide some benefit to the society-at-large, and we will look to find some humanitarian endeavor in the weeks and months ahead.

And if in this period of adversity other companies are forced to re-adjust their priorities and goals, then that becomes the silver lining that we can all draw from during this time in isolation, battling this dreadful disease.

I wish all of you, and your families and friends, the best – please stay at home if possible, remain socially distant, stay safe, and most importantly, stay healthy. We look to also provide an update regarding our operations shortly – please stay tuned.

Gratefully yours,

Martin

About Finger Motion Inc.

FingerMotion, is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China.  It is one of five companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers that can be resold to consumers.  As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users.  The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases.  FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets.   

Safe Harbor Statement

This release contains forward-looking statements that involve risks and uncertainties. Forward-looking statements give our current expectations of forecasts of future events. All statements other than statements of current or historical fact contained in this quarterly report, including statements regarding our future financial position, business strategy, new products, budgets, liquidity, cash flows, projected costs, regulatory approvals or the impact of any laws or regulations applicable to us, and plans and objectives of management for future operations, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “should,” “estimate,” “expect,” “hope,” “intend,” “may,” “plan,” “project,” “will,” and similar expressions, as they relate to us, are intended to identify forward-looking statements.  We have based these forward-looking statements on our current expectations about future events. While we believe these expectations are reasonable, such forward-looking statements are inherently subject to risks and uncertainties, many of which are beyond our control. Our actual future results may differ materially from those discussed or implied in our forward-looking statements for various reasons. Factors that could contribute to such differences include, but are not limited to: international, national and local general economic and market conditions; demographic changes; the ability of the Company to sustain, manage or forecast its growth; the ability of the Company to manage its VIE contracts; the ability of the Company to maintain its relationships and licenses in China; adverse publicity; competition and changes in the Chinese telecommunications market; fluctuations and difficulty in forecasting operating results; business disruptions, such as technological failures and/or cybersecurity breaches; and the other factors discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). Given these risks and uncertainties, you are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included in this release are made only as of the date hereof. We do not undertake any obligation to update any such statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments.

For further information e-mail: info@fingermotion.com or telephone: 718-269-3366

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