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TheStreet Open House

Freeport Capital Inc. (FAS:CNSX) Appoints Mr. Benoit Lamoureux To EMV Payment Specialist Position For HybridPayTech.com

Stocks in this article: FAS

MONTREAL, May 30, 2012 /CNW Telbec/ - President Mr. Michele Tasillo stated "I am pleased to announce the appointment of Mr. Benoit Lamoureux to EMV Payments Specialist for HybridPayTech.com. His contribution to our growing team will create major opportunities for the company expanding our expertise in Mobile EMV payments solutions for the Smartphone and Tablet market segment focusing on US deployment. The US is currently undergoing a major migration to EMV chip & pin solutions with limited available expert solution providers a challenge Canada has previously undergone in the past 5 years. Furthermore, Mr. Benoit Lamoureux will develop and manage our ISO's sales channel and implement merchant boarding "best practices policies" and "safe guard protocols" to streamline the process with processors and acquirers."

About Mr. Benoit Lamoureux

Mr. Benoit Lamoureux has been working in the IT sector for more than 20 years. He was the co-founder of Dynec Inc, a company specialising in supply chain management. As an entrepreneur, he worked with a majority of Canada's largest retailers streamlining processes and managing deployment. In 2009, he joined CT-Payments Inc. as a consultant for the acquisition of the Telus Inc./Emergis Inc. payment switch, where he then after became director of sales and finally director of operations. He was in charge of managing all majors' such as Bell, Government of Quebec, WestJet, Bixi Bike,  and ISO's( Pivotal, Monex, Collective POS). As director of operations, he managed HR and large suppliers and gained a superior expertise in EMV, PCI, integration and deployment of payment devices (Ingenico, VeriFone, Hypercom).

About HybridPaytech

Part of First Equity Strategy LLC, a division of Freeport Capital Inc. (FAS: CNSX) and based in Montreal, Canada, Hybrid Paytech is a technology leader in the mobile payment space for 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.

DBA : HybridPay Tech. Visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

The CNSX has not approved and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE FREEPORT CAPITAL INC.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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