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Mint Technology Corp (2)
Symbol MIT
Shares Issued 118,960,126
Close 2011-06-14 C$ 0.135
Market Cap C$ 16,059,617
Recent Sedar Documents

Mint Technology appoints Hogg as chairman, Bader as CEO

2011-06-15 16:48 ET - News Release

Subject: Mint Technology Announces New Roles for Management Team Mint Technology Announces New Roles for Management Team

Marketwire

 
 
Mint Technology Corp.
TSX VENTURE:MIT
Other Recent News

June 15, 2011
Mint Technology Announces New Roles for Management Team
TORONTO, ONTARIO--(Marketwire - June 15, 2011) -

NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Mint Technology Corp. (TSX VENTURE:MIT) ("MTC") today announced the following new roles for the current management team. Chris Hogg, previously President and CEO of MTC, has been appointed Executive Chairman. Nabil Bader, previously CEO of Mint Middle East LLC ("MME"), has been appointed Group CEO. Terry Walter, previously CFO of MME, has been appointed Group CFO and Company Secretary.

Mr. Walter replaces Andrew Martinez who was CFO of the Company since December 31, 2009 and will continue with the Company for an interim period to facilitate a smooth transition of responsibilities. Mint would like to thank Andrew for the great job he has done over the last 18 months.

The new roles reflect the Company's expanding business interests internationally and the strong Middle East focus, the current and future plans for the direction of the Company as well as the dedication and hard work the management team has given to the Company to-date.

Michael Pesner, one the Company's Board of Directors, said today, "We are excited about the new appointments and have full confidence that Mr. Hogg, Mr. Bader and Mr. Walter will take the Company to the next level."

ABOUT MINT TECHNOLOGY CORP.

Mint Technology Corp. is a pioneer in prepaid financial products and services and was Canada's first provider of prepaid credit card programs. Today, Mint, through its subsidiary Mint Middle East LLC based in Dubai, UAE, designs, builds and manages an end-to-end card based payments solution for employers and employees for the payment of wages and benefits. Mint has developed a secure, robust payments platform that provides an improved means to handle and manage these financial transactions. Mint also provides services for those clients looking to move towards "next generation" payment methods that include chip, internet, data mining and mobile phone load and money remittance technologies.

Stock Symbol: MIT on the TSX Venture Exchange.


NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

CONTACT INFORMATION:

Mint Technology Corp.
Chris Hogg
Executive Chairman
(610) 995-2660
chogg@mintinc.com

or

Mint Technology Corp.
Nabil Bader
CEO
+971 503 457077
nbader@mintinc.com
www.mintinc.com

INDUSTRY: Financial Services - Personal Finance

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