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IFS Securities Terminates Research Coverage on Net Element, Inc.

ATLANTA, GA / ACCESSWIRE / December 1, 2015 / IFS Securities, an Atlanta-based full-service independent broker-dealer, announces today that it has terminated coverage on Net Element, Inc. (NETE), a global financial technology-driven group specializing in mobile payments and value-added transactional services, due to analyst departure.

The termination report is available by contacting karen.johnson@ifssecurities.com.

Please review important disclosures on our website at www.ifssecurities.com.

About Net Element

Net Element (NETE) is a global technology-driven group specializing in mobile payments and value-added transactional services. The Company owns and operates a global mobile payments and transaction processing provider, TOT Group. TOT Group companies include Unified Payments, recognized by Inc. Magazine as the #1 Fastest Growing Private Company in America in 2012; Aptito, a next generation cloud-based point of sale payments platform; and TOT Money, which has a leading position in Russia and has been ranked as the #1 SMS content provider by Beeline, Russia’s second largest telecommunications operator. Together with its subsidiaries, Net Element enables ecommerce and adds value to mobile commerce environments. Its global development centers and high-level business relationships in the United States, Russia and Commonwealth of Independent States strategically position the Company for continued growth. More information is available at www.netelement.com.

About IFS Securities

IFS Securities, Inc., is a full-service independent broker-dealer who understands retail and wholesale advisory networks as well as global capital markets. IFS offers financial advisory; brokerage support; equity research; fixed income and equity trading; and investment banking services. Based in Atlanta, IFS Securities has 32 offices in 19 states and Puerto Rico and is a member of FINRA, MSRB and SIPC. For more information about IFS Securities, visit the website at www.ifssecurities.com or call 404-382-5223.

Media Contact:

Juliann Kaiser
Kaiser Marketing Group
770-643-0615
jkaiser@kaisermarketinggroup.com

SOURCE: IFS Securities, Inc.

ReleaseID: 434254

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