Freeport Capital Inc. (FAS:CNSX) Appoints Mr. Guy Lafontaine To EMV Compliancy Specialist

MONTREAL, June 1, 2012 /CNW Telbec/ - Freeport Capital is pleased to announce the appointment of Mr. Guy Lafontaine to the position of EMV (Europay, Mastercard, and Visa) Compliancy Specialist at Hybrid Paytech, a division of Freeport Capital Inc. EMV is a global standard for inter-operation of integrated circuit cards (IC cards or "chip cards") and IC card capable point of sale (POS) terminals and automated teller machines (ATMs), for authenticating credit and debit card transactions.

Mr. Lafontaine's principal role will be to analyze and develop compliant solutions for payment software and blue tooth enabled hardware peripherals to meet worldwide industry certifications for Smartphone and Tablets.

We are very pleased to have a person of Mr. Lafontaine's caliber join our growing team. His extensive industry experience will ensure that our technology meets the highest standards of certification recognized within our industry," states Michele Tasillo, President, Freeport Capital Inc.

Mr. Lafontaine has over 25 years experience in the software and hardware industry.  He has played a number of key roles including Vice-President of service, delivery and operation, Product Leader, Enterprise Architect and hands on Solutions Architect for the delivery of large scale projects, mission critical applications and N-tier application architecture for customers across industries.

Prior to joining Hybrid Paytech, Mr. Lafontaine served as Vice-President of technology at CT-Payment, Canada's largest independent debit and credit card fully integrated processing company. In his role as Vice President, Mr. Lafontaine managed the IT department and played an integral role within the company in completing more than 120 Million payment transactions per year.

Mr. Lafontaine also worked at Telus, a Canadian global telecommunications leader for over 10 years developing what has now become an industry standard in the delivery of mortgage instructions to Lawyers across Canada.

About Freeport Capital Inc.

First Equity Strategy LLC (DBA; Hybrid Paytech is a subsidiary of Freeport Capital Inc. Based in Montreal, Canada; Hybrid Paytech is a technology leader in the mobile payment space for credit and debit acceptance. With a global footprint, Hybrid Paytech is an enabler of easily deployable payment systems focusing on authentication, approved security and quick merchant adoption in fleet, delivery, logistics and retail.

For further information on Hybrid Paytech, please visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

SOURCE FREEPORT CAPITAL INC.

For further information:

Freeport Capital Inc. (FAS:CNSX)
Mr. Michele Tasillo
(514) 394 5200
mtasillo@hybridpaytech.com or www.freeportcapinc.com

The CNSX has not approved and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE FREEPORT CAPITAL INC.

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