DataWave Systems Inc. Appoints Marc L. Belsky as a Member of Its Board of Directors.Business Editors VANCOUVER, B.C.--(BUSINESS WIRE)--Dec. 21, 2000 Effective December 21, 2000, Marc L. Belsky is appointed a Director of DataWave Systems Inc(CDNX CDNX See Canadian Venture Exchange (CDNX). :DTV (Digital TeleVision) Transmitting TV using digital signals. The major DTV standards are ATSC (North America), DVB (Europe) and ISDB (Japan). All three use MPEG-2 video compression and Dolby Digital audio compression. DVB and ISDB also include MPEG audio compression. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DWVSF). Belsky is Senior Vice President, Payment Products and Services, at Michigan National, headquartered in Farmington Hills, Michigan Farmington Hills is the most populous city in Oakland County of the U.S. state of Michigan. It is a suburb of Detroit and is known for it's affluence, excellent schools, great housing stock, luxury homes and a center of business in Oakland County and Metro Detroit. . Belsky has many years' experience in financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and brings a wealth of knowledge to the Company's Board of Directors. "I have worked with DataWave through its association with Michigan National, most recently on a prepaid cash card. I am very impressed by both its management and staff and its technological capabilities. I look forward to working with DataWave's other directors to further develop and grow the Company as an industry leader," said Belsky. The Company's Board of Directors is as follows:
Chairman of the Board
Abe Carmel Director and CEO of Cash Card Communications Corp.
Directors:
Marc L. Belsky Senior Vice President, Payment Products and
Services, Michigan National
Garth Braun Chief Executive Officer of Karmel Capital
Corporation
Verne Pecho VP, Finance and Administration and Chief Financial
Officer for MDSI
Josh Emanuel President and Chief Executive Officer of DataWave
John Gunn General Manager, Chief Financial Officer and
Secretary of DataWave
About DataWave (http://www.datawave.ca) DataWave Systems designs, develops, produces, owns and manages a proprietary, intelligent, automated direct-merchandising network, comprised of free-standing intelligent machines (DTMs) and over the counter "swipe" units (OTCs) connected to the gateway and database software through a wireless and/or landline wide area network. This unique leading-edge technology provides for point-of-sale activation, cash/debit/credit card acceptance, detailed reporting and 24/7 remote self-diagnostic troubleshooting, making it virtually maintenance-free. The proven success of the DataWave System has won many prestigious national accounts in the US prepaid calling card market. Recently named the 21st fastest growing technology company in Canada by Deloitte & Touche in its 2000 Canadian Technology Fast 50 Program, DataWave is now poised to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the flexibility of its System by augmenting its product range and introducing new strategic partners to meet the diversified and changing needs of the prepaid market. About Michigan National Michigan National provides a wide range of financial services and offers creative ideas and product options designed to help consumers and businesses meet their financial goals. It is committed to being the financial services corporation of first choice in its markets and provides the leading-edge products and services that customers expect from a member of a global financial network. Visit Michigan National's web site at http://www.MichiganNational.com. DataWave Systems Inc. John Gunn John Gunn may refer to:
This news release may include statements that constitute forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. "DataWave" is a registered trademark of the Company. All other trademarks and trade names referred to are the property of their respective owners. The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion