THE WOODLANDS, Texas, Feb. 3, 2011 /PRNewswire/ -- AppTech Corp (Pink Sheets: APCX) is pleased to announce that Daniel Miroli, CEO of newly acquired Oronoco Telecom, has engaged the services of Eduardo Borrero to assist in business and market development as well as to accelerate the enhancement of Oronoco's existing customer base.  Eduardo Borrero has extensive experience in negotiating with some of world's top communication carriers in the United States, Europe and Latin America.  In addition, Mr. Borrero has a wealth of contacts in these markets and was recruited specifically to improve Oronoco's business model and revenues. Mr. Borrero holds an MBA from Florida International University (FIU).  

Commenting on the recruitment of Mr. Borrero, Eric Ottens, CEO of AppTech states:  "In life we are appreciated for effort but we are measured by results and Eduardo has a strong record of obtaining results.  Daniel and Eduardo will be able to concentrate their marketing expertise towards their goal of securing direct telecom routes into Latin America with Tier 1 Carriers. We are not just looking for closing deals we are interested in obtaining lasting relationships with our clients.  Eduardo has a strong corporate background in the telecom business specifically, and business development in general."  

About AppTech Corp

AppTech Corp is developing mobile application market places serving emerging markets in Latin America, Brazil and the USA. AppTech is focused on multi-platform mobile apps designed to run on device operating systems such as Apple iPhone and Google's Android.  In addition, through its wholly owned subsidiary, Oronoco Telecom, AppTech is working on securing agreements with top communication companies in Central America, South America and The Caribbean.

Forward-Looking Statements

This release contains "forward-looking statements" 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 such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.

SOURCE AppTech Corp