PayChest: Hornung (25 Year Senior Sales Executive) Running North American Sales & Marketing
09 December 2011 - 1:00AM
Marketwired
PayChest Inc. (PINKSHEETS: PYCT) (the "Company") is pleased to
announce the appointment of Mibus Inc. and its President, Mr.
Patrick V. Hornung as the exclusive North American Sales &
Marketing Agent for PayChest's Flushaway® technology sales and
marketing management. Mibus Inc. is a private company incorporated
solely for carrying out the sales/marketing agency role.
Patrick V. Hornung is a sales and marketing expert, with a 25
year track record, in achieving high sales growth of fast moving
consumer goods. He is well versed in the needs of the retail sector
and has proven, FMCG and senior sales & brand management
experience in organisations such as Nabisco, Sepps Gourmet Foods,
and direct experience of selling & marketing feminine sanitary
products at Kimberly-Clark in Peru.
Under the direction of Patrick, Mibus Inc. has the discretion to
engage other distributors, agents, PR companies etc., as it sees
fit, to achieve the target North American sales growth, market
penetration and profitability that has been reviewed, discussed,
and agreed with PayChest.
Over recent weeks Patrick has guided and directed improvements
in product branding, packaging and pricing. These improvements have
already made the product more attractive for retailers and
consumers and will be published later.
As planned and previously announced, Tobie Oliver is undertaking
more sales and marketing activities and will work closely with
Patrick.
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the
matters discussed in this press release contain forward-looking
statements that involve risks and uncertainties, including those
described in the Company's filings with OTC Markets
http://www.otcmarkets.com/stock/PYCT/financials.
Certain statements contained in this release that are not
historical facts constitute forward-looking statements, within the
meaning of the Private Securities Litigation Reform Act of 1995,
and are intended to be covered by the safe harbors created by that
Act. Reliance should not be placed on forward looking statements
because they involve unknown risks, uncertainties and other factors
which may cause actual results, performance or achievements to
differ materially from those expressed or implied. Forward looking
statements may be identified by words such as estimates,
anticipates, projects, plans, expects, intends, believes, should
and similar expressions and by the context in which they are used.
Such statements are based upon current expectations of the Company
and speak only as of the date made.
Contact: PayChest Inc. ir@paychest.com Tom Hands :
1-416-619-5242 from overseas: +1-416-619-5242 Tobie Oliver :
1-800-624-7479 from overseas: +1-714-274-7206 Historical news
releases on the Company can be found at
http://www.paychest.com/news.htm.
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