Vogogo Inc. Announces Purchase of Vanado, Inc.

CALGARY, ALBERTA and PALO ALTO, CALIFORNIA--(Marketwired - Jan. 2, 2015) - Vogogo Inc. ("Vogogo" or the "Corporation") (TSX VENTURE:VGO) is pleased to announce that it has completed the acquisition of all of the issued and outstanding shares of Vanado, Inc., a specialized consulting and payment services company based out of Denver, Colorado, for an aggregate deemed purchase price of approximately $610,000, comprised of the issuance of 227,273 common shares in the capital of the Corporation ("Common Shares") pursuant to a share purchase agreement (the "Agreement"). The Agreement also provides for certain post-closing payments of up to $1,000,000 which shall be payable in Common Shares upon the Corporation achieving certain performance thresholds set out in the Agreement.

Vogogo Inc. Announces Purchase of Vanado, Inc.