Dexit Appoints Chief Operating Officer



    TORONTO, April 26 /CNW/ - Dexit Inc. (TSX: DXT), the creator and operator
of the Dexit(R) electronic payment facilitation service for small
transactions, is pleased to announce the appointment of Sol M. Korngold as
Chief Operating Officer of Dexit Inc.
    As Chief Operating Officer, Mr. Korngold will co-manage the day-to-day
operations of Dexit Inc. and play a key role in the design and execution of
Dexit's business strategies. Mr. Korngold will continue to be instrumental in
positioning Dexit to expand its merchant and consumer base and also in
building the functionality of the Dexit payment service.
    Mr. Korngold is a founding member of Dexit and brings an impressive track
record of accomplishments in the financial services industry. Prior to joining
Dexit, Mr. Korngold served as the Director of Programme Management for the
Internet Channel at CIBC. Prior to working at CIBC, Mr. Korngold held senior
positions at Cebra Inc., then a wholly-owned e-commerce subsidiary of the Bank
of Montreal. At Cebra, Mr. Korngold contributed to the development and launch
of, among other initiatives, MERX, Canada's national tendering service and
ePOST, an electronic bill presentment and payment service that was developed
and launched in partnership with Canada Post Corporation.
    "Throughout Sol's time at Dexit he has demonstrated a dedication and
commitment to the company and its success," said Paul Howell, President and
CEO of Dexit. "His experience and understanding of the Dexit product and the
broader payments industry will be key contributors to Dexit's success going
forward. Sol has great people skills and is highly dedicated to team building.
I'm very happy that Sol is on board in this critical role."
    To find out more about Dexit Inc. (TSX: DXT) visit our website at
www.dexit.com.

    
        (R) Registered trade-mark of Dexit Inc.
    





For further information:

For further information: Paul Howell, President & Chief Executive
Officer, Dexit Hosted Data Solutions, paul.howell@dexit.com, (416) 703-6462,
x.263

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HOSTED DATA TRANSACTION SOLUTIONS INC.

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