MONTREAL, Dec. 7, 2012 /CNW Telbec/ - Freeport Capital Inc. (the
"Company") a leader in Mobile EMV Credit and PIN Debit payment
solutions, announces that it has retained STS Capital Partners in the
capacity of exclusive advisor for strategic transactions.
"STS Capital Partners has been engaged to help us evaluate strategic
capital for our business so as to allow management to concentrate its
efforts on the product rollout in key markets," said Stéphane Boisvert,
Chair of the Strategy Committee reporting to the board of directors of
the Company. "The partnership between Freeport Capital and STS Capital
Partners will provide the best strategic investor for the Company in
such a vibrant market."
"Our clients are in a very exciting and fast moving space," said Rob
Follows, Founding Chairman & CEO of STS Capital Partners. "The company
offers a patent pending, protected, global and exclusive technology
that provides merchants with the ability to offer both debit and credit
payment solutions using smartphone or tablet technology. This is a
disruptive technology in the wireless payment space, so naturally our
client's business is attracting global attention and STS specializes in
bringing international strategic investors to the table."
About STS Capital Partners
STS Capital Partners, established in 2003, is an international M&A firm
focused on mergers, acquisitions, divestitures, strategic consulting
and advisory services for upper mid-market businesses in North America,
Latin America, the Caribbean, Europe and Asia. STS has a senior
presence in 18 cities and a network of 400 M&A professionals and
advisors worldwide, specializing on the sell-side in a wide range of
industry verticals. The name STS comes from Success to Significance™, a reflection of the firm's mission to assist successful
entrepreneurs, CEOs and family businesses in finding international
strategic investors that help them move from business success to true
significance, both personally and with the companies and investments
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 EMV Credit and Debit
acceptance. With a global footprint, Hybrid Paytech is an enabler of
easily deployable payment systems focusing on EMV l1& L2 compliant
solutions for quick merchant adoption in fleet, delivery, logistics and
retail merchants over Smartphones, Tablets & PDA's on Five OS's.
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
The Canadian National Stock Exchange (CNSX) has not reviewed this news
release and does not accept responsibility for its adequacy or
accuracy. This news release does not constitute a solicitation to buy
or sell any securities in the United States
SOURCE: FREEPORT CAPITAL INC.
For further information:
Guy G. Beaudry, Managing Director - STS Capital Partners
Freeport Capital Inc. (FAS:CNSX)
Mr. Michele Tasillo (514) 394 5200 email@example.com