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Freeport Capital Inc. (FAS:CNSX) Announces The Appointment Of Two New Board Members

MONTREAL, Nov. 7, 2012 /CNW Telbec/ - Freeport Capital Inc. (the "Company") a leader on Mobile Credit and PIN Debit payment solutions, is pleased to announce that Mr. Pierre McMaster & Mr. Stephane Boisvert have been elected to its Board of Director at the recent shareholder meeting.

Mr. Pierre McMaster, a serial entrepreneur, has been a significant player in the technology sector. As a private investor in Freeport, he is a partner in a private equity fund, a board member at D-Box Technologies Inc. (DBO: TSX) and at PKWARE, Inc. Mr. McMaster is also a founding partner and former chairman of Kontron AG (KBC: DE) and Teknor Inc. He brings twenty five years of experience and expertise to the company.

Mr. Stephane Boisvert, is currently COO of a consumer electronics manufacturer. Mr. Boisvert 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 senior leadership roles at IBM and Sun Microsystems 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 Freeport in its rapid expansion phase.

About Freeport Capital Inc.

Freeport Capital Inc. (CNSX: FAS) develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 7). The Corporations holding First Equity Strategy LLC markets itself with the 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 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 This material may not be published, broadcast, rewritten or redistributed.

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