MONTREAL, Feb. 14, 2014 /CNW Telbec/ - Hybrid Paytech World Inc. (the "Company" or "Hybrid") (CSE: HPT) (OTC: FPOTF) announces the appointment of Messieurs Louis Bélanger Martin and Antoine Clermont as new members of the Board of Directors.
Serving as the CEO for AIA for the past two years, Louis Bélanger Martin is a welcome addition to the Hybrid Team. His wealth of experience as COO and talent with prior software companies will bring expertise to thrust Hybrid to new heights. In addition to his new role as a Director for Company, Mr. Bélanger will also serve as the Chairman of the Board.
Antoine Clermont a Lawyer and Montreal Entrepreneur will also be joining the team in the capacity of Secretary of the Board of Directors. Mr. Clermont has broad business experience and has a extensive success in raising capital for innovative technology corporations. Amongst his new responsibilities he will lead the legal team and M&As for the Company offering astute guidance and support.
Stephane Boisvert, recently appointed CEO of the Company has also accepted the role as President added "I am pleased that two distinguished and experienced individuals have joined the Board expanding the pool of knowledge and business acumen". This is a great addition to the team accelerating the future growth of the Company and leveraging International experience and relationships".
Stepping down from the Board are Founder Mike Tasillo and Anthony Barone making place for the 2 new board members which have a vast proven success in business benefiting Hybrid on a Global scale. The Board, on behalf of Hybrid wishes to thank them for their services as board members since 2009.
About Hybrid PayTech World Inc.
Hybrid PayTech World Inc. Develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 6,7,8). The Corporation's holding, First Equity Strategy LLC, markets itself with the DBA: Hybrid PayTech. International subsidiaries include Hybrid PayTech Asia Inc, Hybrid PayTech Aspac HK Ltd, Vault Acquiring Solutions LLC and Mobi724 Inc.
For more information on our Company, visit www.hybridpaytechworld.com
Hybrid PayTech based in Montreal, Canada, is a technology leader in the mobile payment space for EMV (certification level for credit and debit) & MSR (magnetic card reader) credit and debit acceptance. With a global footprint, Hybrid is an enabler of easily-deployable payment systems focusing on authentication, approved security and quick merchant adoption in Fleet, Delivery, Logistics and Retail.
The Canadian Securities Exchange (CSE) 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: Hybrid PayTech World Inc.
For further information:
Please visit www.hybridpaytech.com or contact Mr. Stephane Boisvert at 514-394-5200.