Financial Access Solutions Technology names Tony Papa chairman, president and CEO
Financial Access Solutions Technology Inc. (Pink Sheets:FLST), a technology provider, specializing in point-of-sale, card products, and transactional software solutions for North American merchants announced today that Tony Papa was appointed to the Board of Director as Chairman and nominated as President and CEO of the company to serve until the next annual meeting of shareholders.
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Mr. Tony Papa will replace Peter Preston as President and CEO and Mr. Preston will continue to serve the company on the Board of Directors. "We welcome the change at this junction of our company's history and we believe that Mr. Papa's experience and knowledge will fuel and continue to propel the company's growth," said Peter Preston, FLST's Director.
"I am pleased to be joining such a dynamic and growing organization with such a tremendous potential," said Tony Papa, the company's new Chairman. "Although, the financial results have been significant, we believe that with a new aligned vision, the company can grow both organically and through strategic acquisition over the next three years and be recognized as one of the industry's leader."