Hybrid PayTech World Inc. (CNSX:HPT) Announces Appointment of Mario Cohen as Operations Manager for HybridPaytech's European Operations

MONTREAL, Oct. 23, 2013 /PRNewswire/ - Hybrid PayTech World Inc. (CNSX:HPT) (OTC:FPOTF) announced today that Mr. Mario Cohen has been hired and appointed Operations Manager for HybridPaytech's European Operations.

Mr. Cohen has acquired over 2 decades of experience in the technology payment sector, with responsibilities ranging from direct sales, sales outsourcing, channel recruitment and business planning. He has a passion for hunting new sales opportunities and executing timely strategies to ensure profitable business deployment. He is a visionary leader that builds winning teams by providing the training, mentoring, and leadership for success needed to lead Hybrid's European operations. Prior to Joining HybridPayTech Mr. Cohen was Director of Sales of Wirecard a German -based payment  and M-POS provider in the EU.  Prior to Wirecard, he held sales and business development positions at Vivotech, Cardmobili and Mi-Pay, and co-founded a Mobile marketing company called Proximity Marketing.

He has an Undergraduate Degree (B.A.) in Business, Management Information and Technology, from the Polytechnic University of Madrid, Spain. He also has an MBA in Business and Technology from the University of Jerusalem.

Hybrid PayTech World Inc.

Hybrid PayTech World Inc. (CNSX: HPT) develops an Enterprise Ready Mobile Payment Platform for the leading OS's (IOS, Android, BB and Windows 7). The Corporation's holding, First Equity Strategy LLC, markets itself as d/b/a Hybrid Paytech. Visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

HybridPaytech based in Montreal, Canada, is a technology leader in the mobile payment space for credit and debit acceptance. With a global footprint, Hybrid is an enabler of easily-deployable payment systems focusing on authentication, approved security and quick merchant adoption in Fleet, Delivery, Logistics and Retail. For more information on Hybrid Paytech, please visit www.hybridpaytech.com or www.hybridpos.com

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 Hybrid PayTech World Inc.