PayChest Inc. -- New Board Appointments & President, Pillay, to Leave End October
October 04 2010 - 10:51AM
Marketwired
PayChest Inc. (Arizona) (PINKSHEETS: PYCT) at a Board meeting held
September 28, 2010, the Board of PayChest carried out the
following:
a) Appointed three new members to the Board: Mr. Peter Coorey
Mr. Colin Lu (Guang) Mr. Henry Soo
b) Appointed Mr. Peter Coorey as President of the Company
effective immediately
c) Appointed Mr. Colin Lu as Secretary effective immediately
d) Mr. Lawson Pillay resigned as President of the Company
effective immediately.
e) Mr. Lawson Pillay resigned from the Board of the Company
giving 30 days notice. His last day with the Company will be
October 28, 2010.
Director Bio's:
Mr. Peter Coorey is
an Australian citizen residing in Hong Kong and is currently
Executive Chairman of GreenPowerTek International Ltd, a
developer/owner/operator of proprietary renewable fuel
technologies; a Director & Marketing Director of Battery Angel
International (Australia and Hong Kong), a company responsible for
the International marketing and sales of various patented motoring
related products and services; and a Director of Impact Prowear, a
sports and uniform manufacturer and distributor.
With more than 20 years business experience in finance and
marketing through to Board level Mr. Coorey brings a depth of
experience to support the PayChest business, its growth, and
driving sales of Flushaway worldwide.
Mr. Colin Lu (Guang)
is a Chinese businessman and entrepreneur with more than 15 years
sales and marketing experience in China. He owns an institutional
laboratory sales and services business. Colin specializes in
medical device sales to institutions in China.
Mr. Henry Soo is a
Canadian citizen who was instrumental in establishing the
manufacturing and supply chain of Flushaway manufacturing in China.
He brings manufacturing expertise of Flushaway, knowledge of
suppliers, and experience of sourcing in China.
About PayChest (Arizona)
PayChest, a global marketing company and developer of technology
solutions and its strategic partner companies, market and
distribute select products and services worldwide, which provide an
increased public awareness to conserve and preserve the world's
limited resources.
About the dividend PayChest (Oregon)
PayChest and its strategic partner companies are developing
integrated commerce processing solutions utilizing cutting edge
technologies to deliver in store, online and mobile solutions
globally. These include turnkey point of sale solutions, gift and
loyalty portal systems, ACH electronic systems, online and mobile
payment platforms and rewards-based platforms to integrate into an
existing business system.
Safe Harbor Statement
The foregoing press release contains forward-looking statements.
For this purpose any statements contained in this press release
that are not statements of historical fact may be deemed to be
forward-looking statements. Without limiting the foregoing, words
such as "may," "will," "expect," "believe," "anticipate,"
"estimate," "continue," "can" or comparable terminology are
intended to identify forward-looking statements. These statements
by their nature involve substantial risks and uncertainties and
actual results may differ materially depending on a variety of
factors.
Contact: Investor Relations ir@flashaway.com
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