HONG KONG, China
April 2, 2013
Freeport Capital (FAS:CNSX), - a leader on Mobile Credit and PIN Debit payment solutions, announces that it subsidiary HybridPaytech (HYBRID)
continues to expand its global footprint by establishing a presence in
with the formation of
Hybrid Paytech Asia Pacific ( Hong Kong
. The new office will be headed by
, President. He will be working with major banking and payment partners to introduce Hybrid's wide platform of mobile payment solutions to merchants throughout
will be launching the first
payment & loyalty mobile application
through its partnership with
Go Fun Card Limited
. The project schedule for launch before mid-2013 in
will further expand to other merchant platforms in mainland
South East Asia
, as Hybrid solidifies its partnership with key payment service providers and financial institutions over the next 6 months.
Ronald Chua, President of
Paytech Asia Pacific ( Hong Kong) Limited
joins the company from a leading
-based payment solutions provider specializing in RMB debit card online payment processing. He brings to the company more than 20 years of experience in the payment and loyalty industries in the
where he has held senior management positions.
About Freeport Capital Inc.
First Equity Strategy LLC (DBA; Hybrid Paytech) is a subsidiary of Freeport Capital Inc.
; 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
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
SOURCE Freeport Capital Inc.