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 they steward.
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:
Freeport Capital Inc. (FAS:CNSX)
Mr. Michele Tasillo (514) 394 5200 [email protected]