ConSyGen Names Victor Nappe, President and Founder of DuoCash, to Their Board of Directors.Business Editors/High-Tech Writers TEMPE, Ariz.--(BUSINESS WIRE)--April 25, 2001 ConSyGen, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: CSGI CSGI Common Spatial Gateway Interface ) today announced that Victor Nappe nappe In geology, a large body or sheet of rock that has been moved by faulting or folding a distance of about 1 mi (1.5 km) or more from its original position. A nappe may be the hanging wall of a low-angle thrust fault (a fracture in the rocks of the Earth's crust caused , President and Founder of DuoCash, Inc., has joined ConSyGen's Board of Directors. Mr. Nappe comes to CSGI as part of the recent resolution to expand the Board of Directors from seven to nine members. Victor Nappe is a high-tech entrepreneur who has founded several companies, consulted for Fortune 500 firms, and appeared as a technology, sales and marketing expert on several broadcast stations and programs including Good Morning America Good Morning America is a weekday morning news show that is broadcast on the ABC television network. The show was adapted from The Morning Exchange, a morning show created by and airing on the ABC affiliate in Cleveland, Ohio, and was launched nationally as , CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. , CNNfn, TV Food Network, and local affiliates of ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. , NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , and CBS. Mr. Nappe frequently appears as a guest speaker on the topics of Technology, e-commerce, Venture Capital and M&A at venues such as Sun Microsystems, AT&T, and NYU's Stern School of Management. He has been awarded a U.S. Congressional award for transforming a successful retail restaurant into a multi-faceted international wholesale business. His story and corporation were a case study profiled by the National Restaurant Association. Currently Mr. Nappe's company, DuoCash, is the world's first payment processing and clearing network to enable secure Internet purchases with prepaid calling cards. The New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. firm has established relationships with leading telecommunications companies and Internet merchants. DuoCash extends the previously inaccessible $5.2 billion stored on prepaid calling cards into the electronic payments marketplace. Prior to forming DuoCash, Nappe was the Director of E-Commerce for Apple Computer, Inc. Before that, Nappe was in charge of a consulting firm that developed and deployed a next generation telecommunications network for the Department of Defense. Nappe also worked for a large venture capital firm where he performed due diligence on prospective investments. Victor Nappe said, "I am pleased to be a part of this company and the upcoming launch of BizPay(TM). The technology and direction of ConSyGen is on the mark, and I hope to lend a helping hand to management through my extensive experiences in this new payment arena." Lewis Burridge, President of ConSyGen stated, "We are pleased to have Victor join our Board. His background and experiences are in-line with our current BizPay(TM) efforts and he will be a great addition to our company. Our Board and management team all look forward to working with him." About ConSyGen Established in 1996 as a high-technology software development and R&D company, ConSyGen, Inc. has focused its business on providing innovative and superior commerce solutions worldwide. The primary CSGI product lineup includes the Counterfeit Cop(TM) and BizPay(TM). BizPay(TM) is the ultimate e-commerce and payment solution that enables Consumer-to-Business (C2B) and Business-to-Business (B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business ) transactions. It also has the ability to be the backbone for other Person-to-Person (P2P See peer-to-peer and point-to-point. ) payment facilitators. BizPay(TM) will revolutionize the way electronic commerce evolves. BizPay(TM) will clearly set new standards for payment transactions, as we know them today. Forward-Looking Statements Forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from those projected in such forward-looking statements. Factors which could affect results include the development of competing or superior technologies, market awareness, acceptance of ConSyGen's technology or products, the company's ability to attract and retain qualified personnel, the company's ability to protect its proprietary information and other risk factors set forth in the company's SEC filings. |
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