Press release

Civic Network Expands with the Civic Pay App and 12 Automated Retail Partners

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Sponsored by Businesswire

Today, Civic announced an expansion of the Civic Network. The
soon-to-be-released Civic Pay app will enable partners to combine
identity verification, payment, and rewards into a single transaction.
The first Civic Pay partners are at the forefront of the automated
retail industry. AAEON, AR Systems, Fastcorp Vending, Global Vending
Group, greenbox Robotics, Invenda, IVM, IVS, Retail Automated Concepts,
SandenVendo, The-Venders, and Wemp will bring blockchain-powered
innovation to the industry with simple access to age-gated products, an
improved user experience, and personalized rewards.

By integrating the Civic Pay app with automated retail solutions and
smart vending machines, these partners will introduce the first
real-world, Civic Pay use cases, where people can prove identity and pay
for a product in a single transaction. Together, these companies
represent over one million connected vending machines. Combining
identity with payment will further advance Civic partners’ automated
retail solutions and expand vending opportunities for a growing market.
Currently, there are over 3 million connected vending machines globally,
a number expected to grow to 5.4 million by 2022 according to Berg
Insight.

The Civic Network expansion marks a big step towards Civic’s larger
vision: to give everyone a digital identity that they own and control.
Most transactions require some form of identity verification and
building identity verification into payment functionality simplifies
that process. Vending machines make digital identity accessible and give
people the ability to experience new technology. In addition, with the
Civic Pay app, once users are verified, they are able to use the same
verification over and over again, further streamlining the identity and
payment process.

“The first step in making digital identity attainable is making it
accessible for the everyday consumer,” said Vinny Lingham, Civic CEO and
Co-founder. “Vending machines represent an introduction to the mass
market, where people can see how digital identity functions in the real
world, as well as opening up an entirely new market for automated
retail. We’re thrilled to partner with leaders in the automated retail
industry, and working together, we look forward to making digital
identity available and usable.”

Civic will be attending the NAMA Show in the Las Vegas Convention
Center, between April 24 and 26, 2019. On the Exhibition floor, Civic
will be demoing the Civic Pay app with a variety of vending machines.
After an overwhelmingly positive reaction to the Civic Pay preview with
beer vending machines at SXSW, Civic will be working to connect
customers to the vending machine partners that best meet their needs.

“Speaking with Civic, we immediately recognized the vision and how
identity verification could help AAEON embark on an entirely new market
of vending opportunities. The combination of identity and payment
enables a frictionless user experience that allows for a new subset of
product offerings,” said Paul Yang, General Manager at AAEON. “We’re
excited to be one of Civic’s first vending machine partners, and we look
forward to implementing Civic technology to provide a cutting-edge
customer experience.”

“With over 800,000 vending machines, we’re always looking for innovative
concepts to introduce. The vending machine market is flourishing and
being the first to adopt industry-changing technology is critical to
providing the best user experience,” Mike Weiser, SandenVendo’s CEO and
President. “With combined identity, payment, and rewards solutions,
Civic Pay is a perfect fit for our vending fleet, and we’re excited to
implement this technology and help make digital identity more
accessible.”

To learn more about Civic automated retail solutions, visit https://www.civic.com/.

About Civic

Civic is a visionary identity company. The ability to prove who you are
is an essential human need, and Civic is creating a world where people
can control and protect their digital identity. The Civic Network offers
the most secure and user-friendly identity verification solutions with
its mobile applications, available on iOS and Android. With over almost
200 partners, Civic is connecting businesses and individuals around the
world to make sharing and verifying identity information a safe private
and seamless experience. Civic sold $33 million CVC tokens in a June
2017 token sale to support this vision.