This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Freeport Capital Inc. (FAS:CNSX) Hybrid Enters Connectivity Agreement With TRX-WORLD

MONTREAL, July 4, 2012 /CNW Telbec/ - President of Hybrid PayTech, Mr. Michele Tasillo stated "We are very pleased to announce a long term partnership agreement with TRX-World. Through this agreement TRX will supply access to credit and debit payment networks and certification expertise while ensuring routing capability with existing acquirers as we expand our domestic and global portfolio of payment acquiring partners. We anticipate this partnership will allow us to expand our ERP (Enterprise Ready Platform) for Mobile quite rapidly facilitating merchants with payment processing needs allowing access to several markets".

President of TRX-World, Mr. Jean Pierre Gagnon stated "We are extremely excited to assist such a dynamic and entrepreneurial team in the Mobile Payment space. Hybrid has quite an innovative technology and this multi-level agreement will enable a close cooperation".


Transax World, Inc. operates a proprietary switch capable of routing debit/credit transactions worldwide (card present and not present). It also develops proprietary payment, gift and loyalty applications for terminal vendors. Its team of developers is uniquely positioned to assist with EMV migration, particularly in the unattended verticals where its Tokenization & Hashing proprietary solutions reduce the PCI scope. TRX looks at international opportunities and strategic alliances, competing on the basis of ideas rather than size. With offices in Russia, Spain, Italy, Canada and USA, Transax World can localize its proprietary solutions quickly in order to meet time and financial constraints.

About Freeport Capital Inc.

First Equity Strategy LLC (DBA; Hybrid Paytech is a subsidiary of Freeport Capital Inc. Based in Montreal, Canada & sister companies; Hybrid PayTech Barbados & Hybrid PayTech Asia; 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 deployable PCI & EMV approved for quick merchant adoption in fleet, delivery, logistics, transit, e-commerce and retail.

For further information on Hybrid PayTech, please visit and click on our corporate video presentation

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


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

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs