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TheStreet Open House

Freeport Capital Inc. (FAS:CNSX) Appoints Mr. John Deluca To SVP Of Strategic Business Alignment For Big Box Retail & E-commerce At Hybrid PayTech

Stocks in this article: FAS

MONTREAL, June 18, 2012 /CNW Telbec/ - President Mr. Michele Tasillo stated "I am very pleased that Mr. Deluca has joined the growing team at Hybrid PayTech following the recent appointments of Mr. Ben Lamoureux (EMV Payment Specialist) and Mr. Guy Lafontaine (EMV Compliancy Specialist). His appointment as SVP of Strategic Business Alignment will focus on direct relations with Big Box Retailers & E-commerce Payment Gateway Companies capitalizing on convergence to Smartphone & Tablet solutions for payment acceptance. These new appointments allow us to enhance our senior leadership team and build a strong position in the Mobile Payment sector. It has become very clear that Big Box Retailers have immediate needs for Mobile Payment App's enabling essential solutions such as Line Busting, Delivery and Onsite Technical Services & Installation- opening a major sales opportunity for Hybrid."

About Mr. Deluca

Mr. Deluca graduated from Concordia University Bachelor of Arts - Management & Political Science. Throughout his career he worked at leading Retailers such as Yellow Group, BestBuy, House Hold Finance, ICE Skill & MicroWarehouse. Mr. Deluca has over 20 years of retail experience and has primarily held senior positions focused on Business Development, In/Out bound Sales and CRM (Customer Relations Management).

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 credit and debit acceptance. With a global footprint, Hybrid Paytech is an enabler of easily deployable payment systems focusing on authentication, approved security and quick merchant adoption in fleet, delivery, logistics and retail.

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.

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 This material may not be published, broadcast, rewritten or redistributed.

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