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Newnote Financial Corp
Symbol NEU
Shares Issued 30,367,090
Close 2015-03-24 C$ 0.15
Market Cap C$ 4,555,064
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Newnote hires Demeter et al. for cryptocurrency roles

2015-03-25 09:08 ET - News Release

Mr. Paul Dickson reports

NEWNOTE FINANCIAL APPOINTS ADDITIONAL EXECUTIVE TEAM MEMBERS

Newnote Financial Corp. has created an executive management and product development team to help Newnote realize its vision to be a world-class financial services provider within the cryptocurrency space. The company is excited to welcome bitcoin pioneers:

  • Mitchell Demeter, executive vice-president;
  • Jackson Warren, vice-president of product development;
  • Paul Szczesny, chief technology officer;
  • Cheyne Mackie, vice-president of business development;
  • Shane Erno, Cointrader lead developer;
  • Ben Rees, new product development.

Paul Dickson, chief executive officer and president of Newnote, reports: "The newly added executive team members and developers share our vision and possess the experience and expertise to operate and grow profitable businesses. We look forward to combining our strengths to deliver products and services to our clients and customers that rival top companies participating in this sector."

About the team

Mr. Demeter has been appointed executive vice-president. Mr. Demeter is a serial entrepreneur with a vast range of experience in many endeavours. Mr. Demeter is an expert at building strategic relationships and recognizing opportunities early. This quality has found Mr. Demeter quickly growing companies from nothing into profitable ventures. His previous ventures include a transportation company, a coffee business, a digital media company and a fitness studio. Mr. Demeter's recent businesses include Cointrader, a successful bitcoin exchange, and Bitcoiniacs -- the Bitcoin Store, which was the world's first brick and mortar bitcoin exchange.

Mr. Warren has been appointed vice-president of product development. Mr. Warren has extensive expertise in the bitcoin industry, and has built strong relationships with entrepreneurs and businesses both in Vancouver and internationally. Mr. Warren co-founded the world's first brick and mortar bitcoin exchange in Vancouver, and then followed that up with a deal to acquire and install the world's first bitcoin ABM in Vancouver. This ABM was described by Forbes magazine as "the machine face that launched a thousand articles" in reference to the incredible attention it received. In late 2013 Mr. Warren led the successful product development of Cointrader, a bitcoin exchange, and Coinzero, a bitcoin payment processor.

Mr. Szczesny has been appointed chief technology officer. Mr. Szczesny has been a pioneering force in the Canadian bitcoin industry, founding Canada's second bitcoin exchange, the world's first physical bitcoin brokerage and helping to launch the world's first bitcoin ABM. His technical expertise helped build an international presence for the company with physical locations in North America, Europe and Asia. Mr. Szczesny brings over 10 years experience in software engineering and has spearheaded projects for Fortune 500 companies, start-ups and everything in between.

Mr. Mackie has been appointed vice-president of business development. Mr. Mackie is a successful entrepreneur and business manager who bring logistical and managerial expertise to the company. Mr. Mackie started his first business at the age of 23, and now has multiple successful start-ups under his belt, which include a high-end construction company and the now world-famous Bitcoiniacs -- the Bitcoin Store. Mr. Mackie also co-founded Cointrader, where he focuses all of his efforts on operating a world-class bitcoin exchange.

In addition, Newnote is pleased to welcome Mr. Erno and Mr. Rees to the Newnote development team.

Mr. Erno is the lead developer for Cointrader and a specialist in security and systems analysis. He was responsible for the Cointrader API development and has worked directly with Vogogo Inc. developers for the integration of payment processing services on the exchange.

Mr. Rees specializes in web design and UI development with advanced bitcoin protocol experience for e-commerce applications. Mr. Rees's contributions to Newnote will include new product development and deployment.

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