NOT FOR DISTRIBUTION TO THE U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Mint Technology Corp. (TSX VENTURE:MIT) ("MTC") today announced the following
new roles for the current management team. Chris Hogg, previously President and
CEO of MTC, has been appointed Executive Chairman. Nabil Bader, previously CEO
of Mint Middle East LLC ("MME"), has been appointed Group CEO. Terry Walter,
previously CFO of MME, has been appointed Group CFO and Company Secretary.


Mr. Walter replaces Andrew Martinez who was CFO of the Company since December
31, 2009 and will continue with the Company for an interim period to facilitate
a smooth transition of responsibilities. Mint would like to thank Andrew for the
great job he has done over the last 18 months.


The new roles reflect the Company's expanding business interests internationally
and the strong Middle East focus, the current and future plans for the direction
of the Company as well as the dedication and hard work the management team has
given to the Company to-date.


Michael Pesner, one the Company's Board of Directors, said today, "We are
excited about the new appointments and have full confidence that Mr. Hogg, Mr.
Bader and Mr. Walter will take the Company to the next level."


ABOUT MINT TECHNOLOGY CORP. 

Mint Technology Corp. is a pioneer in prepaid financial products and services
and was Canada's first provider of prepaid credit card programs. Today, Mint,
through its subsidiary Mint Middle East LLC based in Dubai, UAE, designs, builds
and manages an end-to-end card based payments solution for employers and
employees for the payment of wages and benefits. Mint has developed a secure,
robust payments platform that provides an improved means to handle and manage
these financial transactions. Mint also provides services for those clients
looking to move towards "next generation" payment methods that include chip,
internet, data mining and mobile phone load and money remittance technologies.


Stock Symbol: MIT on the TSX Venture Exchange.

MetalCorp (TSXV:MTC)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more MetalCorp Charts.
MetalCorp (TSXV:MTC)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more MetalCorp Charts.