Welcome!

News Feed Item

DirectCash Payments Inc. Announces Appointment of New Chief Financial Officer

CALGARY, ALBERTA -- (Marketwire) -- 01/17/13 -- DirectCash Payments Inc. (TSX:DCI) ("DirectCash" or the "Company") hereby announces a change in the Chief Financial Officer ("CFO") position. Effective immediately Ms. Brenda Hughes, C.A. will assume the role of CFO of DirectCash Payments Inc. Ms. Hughes's duties will include acting as CFO for DirectCash Payments Inc., as well as the various other limited partnerships, partnerships, corporations, and subsidiaries that are part of the DirectCash group (collectively referred to as "DirectCash"). Ms. Hughes has been employed with DirectCash since July 2012 and has been a key player in the integration process of transformative acquisitions completed by DirectCash in 2012. DirectCash's current CFO, Mr. Brian B. Kathol ceases to act as CFO as of January 15, 2013, and will continue to be employed until January 25, 2013 to assist in the transition. DirectCash thanks Mr. Kathol for his service during his tenure with DirectCash.

Ms. Hughes received a Bachelor of Commerce degree from the University of Alberta, in 1982 with distinction. Ms. Hughes obtained a Chartered Accountant designation in 1984.

Ms. Hughes has worked in all areas of finance accounting in her career. Prior to joining DirectCash in 2012 Ms. Hughes was the CFO of a Canadian publicly traded company with international operations.

Ms. Hughes's contact information will be as follows:

Brenda Hughes                                                               
Chief Financial Officer                                                     
DirectCash Payments Inc.                                                    
Direct: (403) 387-2103                                                      
e-mail: [email protected]

Management's Commentary:

"We are pleased with the extensive CFO experience Ms. Hughes brings to DirectCash's group of companies, and look forward to her future contributions at DirectCash" said Jeffrey Smith, DirectCash Payment Inc.'s President and Chief Executive Officer.

DirectCash Business:

The Company is the largest branded ATM provider in Canada and Australia, and the second largest branded ATM provider in the United Kingdom. DirectCash is one of the leading providers of branded non-financial institution debit terminals and prepaid card products in Canada. DirectCash offers prepaid cards in Australia, United Kingdom, and the United States, as well as ATM services in Mexico.

Additional Information:

Additional information about the Company is available on SEDAR (www.sedar.com) or the Company's website at (www.directcash.net).

CAUTIONARY STATEMENT:

No stock exchange, securities commission or other regulatory authority has approved or

disapproved the information contained herein. This news release may include certain "forward looking statements". Such forward-looking statements are not guarantees of future performance and involve a number of known and unknown risks and uncertainties which may cause the actual results of the Company in future periods to differ materially from any projections expressed or implied by such forward-looking statements and therefore should not be relied upon. Any forward-looking statements are made as of the date hereof and the Company does not undertake any obligation to publicly update or revise such statements to reflect new information,subsequent events or otherwise, except as required pursuant to applicable securities laws.

Contacts:
DirectCash Payments Inc.
Jeffrey J. Smith
President, CEO & Director
(403) 387-2101
[email protected]

DirectCash Payments Inc.
Amanda J. Gallacher
Investor Relations
(403) 387-2158
[email protected]
www.directcash.net

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The dynamic nature of the cloud means that change is a constant when it comes to modern cloud-based infrastructure. Delivering modern applications to end users, therefore, is a constantly shifting challenge. Delivery automation helps IT Ops teams ensure that apps are providing an optimal end user experience over hybrid-cloud and multi-cloud environments, no matter what the current state of the infrastructure is. To employ a delivery automation strategy that reflects your business rules, making r...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
Kubernetes is an open source system for automating deployment, scaling, and management of containerized applications. Kubernetes was originally built by Google, leveraging years of experience with managing container workloads, and is now a Cloud Native Compute Foundation (CNCF) project. Kubernetes has been widely adopted by the community, supported on all major public and private cloud providers, and is gaining rapid adoption in enterprises. However, Kubernetes may seem intimidating and complex ...
In a recent survey, Sumo Logic surveyed 1,500 customers who employ cloud services such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud Platform (GCP). According to the survey, a quarter of the respondents have already deployed Docker containers and nearly as many (23 percent) are employing the AWS Lambda serverless computing framework. It’s clear: serverless is here to stay. The adoption does come with some needed changes, within both application development and operations. Tha...
In his session at 21st Cloud Expo, Michael Burley, a Senior Business Development Executive in IT Services at NetApp, described how NetApp designed a three-year program of work to migrate 25PB of a major telco's enterprise data to a new STaaS platform, and then secured a long-term contract to manage and operate the platform. This significant program blended the best of NetApp’s solutions and services capabilities to enable this telco’s successful adoption of private cloud storage and launching ...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
The past few years have brought a sea change in the way applications are architected, developed, and consumed—increasing both the complexity of testing and the business impact of software failures. How can software testing professionals keep pace with modern application delivery, given the trends that impact both architectures (cloud, microservices, and APIs) and processes (DevOps, agile, and continuous delivery)? This is where continuous testing comes in. D
The 22nd International Cloud Expo | 1st DXWorld Expo has announced that its Call for Papers is open. Cloud Expo | DXWorld Expo, to be held June 5-7, 2018, at the Javits Center in New York, NY, brings together Cloud Computing, Digital Transformation, Big Data, Internet of Things, DevOps, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
SYS-CON Events announced today that Synametrics Technologies will exhibit at SYS-CON's 22nd International Cloud Expo®, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Synametrics Technologies is a privately held company based in Plainsboro, New Jersey that has been providing solutions for the developer community since 1997. Based on the success of its initial product offerings such as WinSQL, Xeams, SynaMan and Syncrify, Synametrics continues to create and hone in...
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, discussed some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he covered some of the best practices for structured team migration an...
No hype cycles or predictions of a gazillion things here. IoT is here. You get it. You know your business and have great ideas for a business transformation strategy. What comes next? Time to make it happen. In his session at @ThingsExpo, Jay Mason, an Associate Partner of Analytics, IoT & Cybersecurity at M&S Consulting, presented a step-by-step plan to develop your technology implementation strategy. He also discussed the evaluation of communication standards and IoT messaging protocols, data...
With tough new regulations coming to Europe on data privacy in May 2018, Calligo will explain why in reality the effect is global and transforms how you consider critical data. EU GDPR fundamentally rewrites the rules for cloud, Big Data and IoT. In his session at 21st Cloud Expo, Adam Ryan, Vice President and General Manager EMEA at Calligo, examined the regulations and provided insight on how it affects technology, challenges the established rules and will usher in new levels of diligence arou...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, discussed how given the magnitude of today's application ...