NEWPORT BEACH, Calif., April 12, 2012 /PRNewswire/ -- PrepaYd Wireless, Inc., a wholly owned subsidiary of PrepaYd, Inc. (OTC PINK: PPDC), a Nationwide Wireless Service Provider, announced today it has hired Dylan Fernandes as Vice President of Wireless Business Development for PrepaYd Wireless. Mr. Fernandes will be responsible for building and managing PrepaYd Wireless National Distribution Agreements, new product development and deployment. He will spearhead the expansion of PrepaYd Wireless' distribution footprint for both handsets and airtime and oversee the on-boarding of new Dealers, Master Dealers, Regional and National Master Agents.
Mr. Fernandes comes to PrepaYd wireless from the Sprint Prepaid Group (Boost Mobile & Virgin Mobile) located in Irvine, CA where he served as National Account Manager. His responsibilities at Sprint included managing the relationships of five Technology Service Providers which includes inComm, Blackhawk, ePay, Emida and Coinstar, and in distributing SPG Airtime Replenishment products to several major National Retail Chains (e.g. Wal-Mart, Target, Best Buy, 7-Eleven, Circle K & RadioShack) as well as all major grocery chains resulting in over $2B in annual prepaid airtime revenue. Additionally Mr. Fernandes aided in the launch of various ground breaking prepaid airtime products, (Rechargeable Card Products, Open-Denomination POSA Cards, and RTR) and worked closely with Acquisition Sales Managers and National Account Managers as the prepaid airtime SME to effectively represent Sprint Prepaid Group with the National Retailers.
"We are very pleased to have Dylan join our team here at PrepaYd Wireless. His experience and relationships in the industry are of paramount experience to our company for retail distribution. PrepaYd Wireless is contracted already with Emida and is working on adding additional major service providers that Dylan managed during his tenure at Sprint. These types of relationships will play a major role in PrepaYd Wireless' success in the wireless industry," stated Josh Berman, Vice President and Founder of PrepaYd Wireless.
"I am excited to be joining the PrepaYd Wireless team and look forward to stamping the PrepaYd mark on Wireless Dealers and National Retail chains across the country. I am extremely motivated and anxious to help make PrepaYd Wireless a major success and quickly propel the brand to the next level within this ever growing Prepaid Industry," stated Dylan Fernandes, Vice President of Wireless Business Development of PrepaYd Wireless.
About PrepaYd Wireless
PrepaYd Wireless, Inc. is a Wireless Service Provider that offers mobile services to an estimated 110 million consumer demographic. Prepaid Wireless offers subscribers competitively-priced wireless service with its Y PAY MORE initiative and is an alternative to the traditional Postpaid Wireless Service Plans provided by major carriers. In addition, PrepaYd Wireless intends to make all of its available phones and wireless plans compatible for mobile financial services.
For more information about PrepaYd Wireless, Inc. visit www.PrepaYdWireless.com
About PrepaYd, Inc.
PrepaYd, Inc. is a provider of financial services in the prepaid debit card industry. The company, through its wholly owned subsidiary, offers prepaid debit cards to America's estimated 60 million underbanked citizens. In addition to the underbanked consumer demographic, small and mid-size businesses have found a much needed product with the company's Prepaid Business Expense Card Program. With the diminishing credit card markets, companies need a new way to fund employees' expenses other than through traditional credit cards or cash reimbursements.
For more information about PrepaYd, Inc. visit www.PrepaYdInc.com.
FORWARD-LOOKING SAFE HARBOR STATEMENT: To the extent that this release discusses any expectations concerning future plans, financial results or performance, such statements are forward looking within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to substantial risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof and reflect only management's belief and expectations based upon presently available information. These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties and the company assumes no obligation to update any of the forward-looking statements in this release.
SOURCE PrepaYd Wireless, Inc.