FNDS3000 Corp Announces Addition of Joseph F. McGuire as Chief Financial Officer
July 22 2008 - 6:00AM
PR Newswire (US)
PONTE VEDRA BEACH, Fla., July 22 /PRNewswire-FirstCall/ -- FNDS3000
Corp (OTC:FDTC) (BULLETIN BOARD: FDTC) (Frankfurt: "FT4," A0MWLG)
announced today it has added Joseph F. McGuire to its executive
team as Chief Financial Officer. McGuire has more than 20 years of
executive management experience in the chief financial officer
capacity. He will oversee the accounting and reporting functions
and will assist in other departmental areas including investor
relations, mergers and acquisitions, financing the company's
operations and will participate in planning and executing the
business plan. McGuire succeeds Don Headlund, who will remain on
the board and will become chairman of the audit committee. "We are
pleased to welcome Joe to the company and believe that he will be
playing an integral part accelerating FNDS3000 to the next level
leveraging his broad and extensive knowledge and expertise with
companies listed on NASDAQ and the various Wall St. investment
vehicles that he has been associated with," said Michael Dodak, CEO
of FNDS3000. "We would like to thank Don Headlund for his past
services as he played a central role launching the company and look
forward to his continued role on the Board of Directors," added
Dodak. McGuire's previous experience includes working with American
Access Technologies Inc., a NASDAQ company, that went from start-up
phase to a merger and the company is now known as American Electric
Technologies, Inc. In addition, McGuire also has worked with
Kenneth G. Tropin of Graham Capital Management at both Dean Witter
and John W. Henry & Co. for over 7 years. McGuire previously
was CFO for Hirst Investment Management, Inc., MHR Fund Management
and Link Strategic Investors and held management positions with
Dean Witter Reynolds, Paine Webber, Inc., and Price Waterhouse. "I
am happy to have the opportunity to be involved with FNDS3000
during this exciting period of its growth phase. I look forward to
working closely with our extremely talented team in the U.S. and
overseas, our investor base and contributing to increasing
shareholder value," stated McGuire. About FNDS3000 Corp FNDS3000
Corp is a financial services company providing prepaid card and
merchant processing solutions. We provide prepaid cards to a market
with over 1 Billion individuals worldwide who do not have bank
accounts, estimated at over $100 Billion in annual revenue. Our
products allow employers to replace payroll checks for all workers.
In addition, employers can use our products in lieu of cash to pay
employees -- this may be greater than 50% of the worldwide working
population. Domestic and international sharing of money, similar to
Western Union(TM), is a key feature of our solution. This market is
estimated to be over $100 Billion annually. Many of our products
carry worldwide brand marks and can be used anywhere in the world
that accepts those brands. Other services include gift cards, bill
pay, prepaid cellular and other prepaid products. Our merchant
processing solutions provide comprehensive credit, debit, and check
card payment programs. We are dedicated to the service and
profitability of our merchants. The combination of card issuing and
merchant processing enables FNDS3000 to provide turnkey financial
transaction solutions to virtually any market worldwide. Matters
discussed in this press release contain forward looking statements
as defined under the Private Securities Litigation Reform Act of
1995. Investors are cautioned that such forward looking statements
involve risk and uncertainties, which could significantly impact
the actual results, performance or achievements of the Company.
Such risks and uncertainties include, but are limited to, the time
frame for production of revenue, product development and commercial
introduction, the impact of rapid price and technological change
and competition, manufacturing and supply uncertainties and other
risks as may be detailed from time to time in the Company's
periodic reports filed with the Securities & Exchange
Commission. DATASOURCE: FNDS3000 Corp CONTACT: David Fann,
President, ; or Joe McGuire, Chief Financial Officer, , both of
FNDS3000 Corp., +1-904-273-2702 Web site: http://www.fnds3000.com/
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