MONTREAL, Sept. 18, 2013 /CNW Telbec/ - Hybrid PayTech World Inc. (CNSX: HPT) (OTC: FPOTF) announced today that Mr. Boisvert has joined the Payment Advisory Committee of HybridPayTech Chaired by Founders Messrs. Massimo Barone and Paul Continelli.
Mr. Stephane Boisvert was president and COO of a consumer electronics manufacturer, was named in 2000 as one of Canada's Top 40 under 40. He is a former EVP President of Bell Business Markets between 2006 and 2011, and has held significant senior leadership roles at IBM and Sun Microsystems in Silicon Valley previously. Mr. Boisvert has a diverse background spanning management, sales, marketing, mergers and acquisitions and more - both nationally and internationally. His combined experience in the Telecom and IT sectors provides a unique strategic perspective and knowledge to assist Hybrid in its rapid expansion phase.
Mr. Boisvert stated "I am very excited about the Global Telecommunication capabilities that will benefit Hybrid's Enterprise and ISV partners. The ability to access such a global data-network of connectivity in various regions of the world remotely and instantaneously will give Hybrid the global edge in M2M Payments. The coupled solution of a Global SIM and Hybrid's APPs will create a payment without borders environment allowing merchants to alter their acquiring and processing connectivity by Geo location while remaining on the same Hybrid platform - a complex challenge Enterprise customers have been dealing with for decades. In addition, the M2M (machine 2 machine) payment sector is experiencing a robust growth in parallel to the MPOS market as new innovative methods of payment types for Unattended Transactions such as Kiosks and Device to Device exchange are experiencing overwhelming demand."
About Hybrid PayTech World Inc.
Hybrid PayTech World Inc (CNSX: HPT), the leader in MPOS, develops and markets its proprietary Multi-OS APPs with emphasis on interoperability with peripheral manufacturers. This strategy allows for EMV & MSR solutions for Banks, Telco's and Acquirers, providing a PCI- DSS compliant environment for Smartphones, Tablets and PDA's.
Hybrid Paytech enables merchant portfolios with its proprietary HybridVirtuo Ecosystem Platform, Hybrid MPOS and HybridMPOS App Connect for ISVs, ERPs and ECRs channel integration. HybridVirtuo is a full feature payment transactional system which supports EMV, MSR & contactless schemes. The system was designed to be scalable and build on an affordable but reliable platform. It has a modular design to facilitate the addition of partners.
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: Hybrid PayTech World Inc.
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