TORONTO, Feb. 14 /CNW/ - Hosted Data Transaction Solutions Inc. ("HDX")
announced today that its Board of Directors has appointed Kevin Mills to the
position of Chief Financial Officer (CFO). Mr. Mills will assume the role from
David Campbell who has been the CFO of HDX (formerly Dexit Inc.) since 2001.
Prior to joining HDX, Mr. Mills served as an audit manager with the
accounting firm of PricewaterhouseCoopers LLP. Throughout his career at
PricewaterhouseCoopers LLP, Mr. Mills was assigned to projects in Washington,
DC, Toronto, San Diego and most recently London, Ontario offices. Mr. Mills
holds a BCOM degree from Queen's University in Kingston, Ontario and is a
Chartered Accountant, registered in the Province of Ontario.
"I am very pleased that Kevin has joined our company as Chief Financial
Officer. I am confident that HDX's growth objectives, our recent acquisitions
and the resulting required amalgamation of financial systems, and our ongoing
cost cutting strategies will be enhanced with Kevin serving in this integral
capacity," said Paul Howell, President and CEO of HDX. Further, Mr. Howell
stated, "On behalf of the Board of Directors and staff, I would like to thank
David Campbell for his dedication and help in guiding the company in his
capacity as CFO. We wish David all the best in his future endeavours."
David Campbell has assumed the role of Managing Partner with Belweather
Capital Partners, a private investment fund focused on early stage technology
About the Company
HDX is in the business of managing merchant transactions with consumers
and facilitating payment. HDX develops and deploys touch screen POS (point of
sale) system software and associated enterprise management tools and has
developed and deployed numerous POS applications. HDX also provides system
hardware integration services, merchant staff training, system installation
services, and post sale software and hardware support services.
Leading edge technology also includes customer self serve kiosks and
"line buster" mobile point of sale terminals. These products have been
designed to dramatically enhance customer throughput and drastically reduce
customer queues. These technologies are especially effective in high foot
traffic environments that have limited cash register counter space, limited
retail square footage, and the absence of a drive through.
HDX pioneered an "instead of cash"(R) electronic based payment
facilitation service. The Dexit(R) Service can be private branded for a
specific merchant and enables customers to pay for items quickly and
conveniently with the tap of a RFID (radio frequency identification) tag
linked to a pre-paid account. This Dexit Service payment solution is
especially well suited for corporate and institutional cafeteria environments
where hundreds of customers purchase and pay for meals in compressed periods
throughout the business day.
(R) Registered trade-mark of Hosted Data Transaction Solutions Inc.
To find out more about Hosted Data Transaction Solutions Inc., visit our
website at www.dexit.com.
For further information:
For further information: Paul Howell, President, CEO, Hosted Data
Transaction Solutions Inc., (416) 703-6462, extension 263