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Hybrid Paytech Chooses Vodafone to Securely Connect its Pioneering Global Mobile Payment Service



  Hybrid Paytech Chooses Vodafone to Securely Connect its Pioneering Global
                            Mobile Payment Service

  PR Newswire

  MONTREAL, August 21, 2013

MONTREAL, August 21, 2013 /PRNewswire/ --

World's first service to securely process both debit and credit card
transactions anywhere using standard mobile devices connected to card readers

Hybrid PayTech , a division of  Freeport Capital  Inc.   CNSX:FAS ) technology
leader in the mobile payment space, today announced it has selected Vodafone's
(NASD:VOD) global machine-to-machine (M2M) platform to provide connectivity
for its pioneering mobile payment service.

The service allows businesses to equip mobile employees with smartphones or
tablets that can securely process credit and debit card payments globally
using Vodafone's network. This will allow businesses to fully embrace mobile
payments for the first time while also introducing new revenue stream and
improving the customer payment experience.

Hybrid Paytech provides the world's first completely secure, end-to-end mobile
payment service that can process both credit and debit card transactions. It
is currently the only company to implement adequate security measures to meet
the strict criteria of the debit card firms. By allowing businesses to process
credit and debit card transactions using standard smartphones and tablets, the
market for mobile payments is expected to increase dramatically.

Vodafone will provide global M2M SIM cards, remote device management tools and
highly secure, worldwide connectivity for the mobile payment devices.

Massimo Barone, Founder & Chair of Hybrid Paytech's Advisory Board, stated,
"The ability to process credit and debit card payments anywhere in the world
using a wide variety of standard mobile devices will drastically simplify how
companies charge their customers. The fact that we can support both credit and
debit cards means the mobile payment market can now really take off. By
working with Vodafone we not only benefit from a highly secure, comprehensive
global network - we also receive international SIM cards and management tools
that make it easy to remotely monitor, repair and update the payment
terminals."

Andrew Morawski, Head of M2M Americas, Vodafone , said, "M2M is rapidly
transforming a wide variety of different industries -and a range of
applications from connected cars to smart digital billboards. Companies like
Hybrid Paytech are showing how the technology can also cut the cord on card
payments for the first time. This won't just help mobile businesses - it will
give peace of mind to customers who, for example, would rather pay for pizza
at the door on a secure card machine rather than sharing details over the
phone."

The fully PCI-DSS compliant service includes mobile applications for Apple,
Android, Windows Phone and BlackBerry smartphones and tablets, which can
support credit and debit payments through plug and play card-reading
equipment. Alternatively, businesses can use standard mobile payment
terminals. The encrypted transactions are sent from the mobile device over
Vodafone's network to Hybrid Paytech's regional switch, which then authorises
the payment through the debit or credit card provider.

About Vodafone

Vodafone (NASD:VOD) is one of the world's largest mobile communications
companies by revenue with approximately 409 million customers in its
controlled and jointly controlled markets as of 30 June 2013. Vodafone
currently has equity interests in 30 countries across five continents and
around 50 partner networks worldwide. For more information, please visit:
http://www.vodafone.com

About Hybrid Paytech

A subsidiary of Freeport Capital Inc. (CNSX: FAS) based in Montreal, Canada,
with satellite offices in the USA, Dominican Republic, Philippines and Hong
Kong - Hybrid Paytech is a technology leader in the mobile payment space with
its proprietary Hybrid Multi-OS App's allowing use with MSR and EMV Credit and
Debit acceptance.

Visit http://www.hybridpaytech.com or click on our corporate video
presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

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

For further information:

Please visit  http://www.freeportcapitalinc.com or contact Mr. Michele (Mike)
Tasillo, +1-514-394-5200 ext:230, mike.tasillo@hybridpaytech.com

(FAS. VOD)
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