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EcomCard Appoints New Director.


Business Editors

MARKHAM, Ontario--(BUSINESS WIRE)--Feb. 21, 2001

EcomCard Inc., a Delaware Corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. , announces the appointment of John O. Smith as a Director of the Corporation.

Mr. Smith brings to EcomCard Inc. a rich and varied background and vast experience in banking and payment systems.

"Mr. Smith's outstanding record of achievement and experience in payment systems and electronic banking make him an excellent addition to our Board," said Isidore Papadopoulos, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of EcomCard Inc. "We look forward to his advice and counsel. I am confident that John will provide a strong contribution to the Board."

Mr. Smith is a consultant in consumer 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.
, specializing in payment systems.

Until December 1995, Mr. Smith served as Executive Vice President of MasterCard International. Concurrently, he also served as President and Chief Executive Officer of Cirrus System, Inc. and Maestro International, the worldwide ATM and debit systems.

Before joining MasterCard, Mr. Smith spent five years at First Interstate Bancorp First Interstate Bancorp was a bank based in the United States that was taken over in 1996 by Wells Fargo. It was headquartered in Los Angeles.

The name has continued to be used in the banking world by used after the merger by First Interstate Bank who had been using the
. He joined as Senior Vice President of Electronic Banking and, in 1986, he was named Senior Vice President of Marketing at this multistate bank holding company, since acquired by Wells Fargo Wells Fargo

armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147]

See : Protectiveness


Wells Fargo

company that handled express service to western states; often robbed. [Am. Hist.
.

John's prior work experience includes Senior Vice President of Consumer Banking for both Bank of California The Bank of California was founded in San Francisco, California on July 5, 1864 by William Chapman Ralston. It was the first commercial bank in the Western United States, the second-richest bank in the nation, and considered instrumental in developing the American Old West.  and First Union National Bank. He also served as Senior Vice President of Marketing for Barnett Banks of Florida and Vice President of Visa International, responsible for their worldwide ATM program.

John graduated from Kent State University in 1962 and from Stoiner Graduate School for Banking at Rutgers in 1973. He resides in Diablo, CA.

EcomCard Inc. is preparing to launch the EcomCard, a secure and universal way to make purchases on and off the Internet. The EcomCard is a pre-paid, anonymous, disposable, mass marketed payment card that will allow everyone, including teens and others without access to credit cards, to conduct both traditional and on-line commerce.

The EcomCard concept and patent-pending is owned by Allnet Secom Inc. (ASZ/CDNX) of Markham, Ontario Markham (2006 Population 261,573[0]) is located in York Region, directly north of Toronto, and is part of Toronto's CMA. It is larger than many Canadian cities. Despite its qualifications regarding population, it has not had the title of city conferred upon it by the , which has licensed the rights to EcomCard Inc. in return for an equity interest and royalties.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 21, 2001
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