FORT LAUDERDALE, Fla., Feb. 13, 2008 (PRIME NEWSWIRE) -- Secured Financial Network, Inc. (OTCBB:SFNL) announced today that David Lesage has been appointed Vice President of Business Development for its Virtual Payment Solutions (VPS) subsidiary. Mr. Lesage has been successfully involved in the payment processing, acquiring, and wireless equipment industry for 14 years, most recently as Sr. Account Executive for LinkPoint International and Franchise Payments Network. Mr. Lesage holds an Electromechanical Engineering Degree earned in Paris, France.
Jeffrey Schultz, Secured Financial Network President and CEO commented, "We are very excited David Lesage has agreed to come aboard as head of Business Development for our VPS subsidiary. He brings to our Company a wide spectrum of technical, marketing, and sales experience and will act as the direct liaison for our recently announced strategic partnership with BlueBamboo (www.bluebamboo.com)".
About Secured Financial Network
Secured Financial Network, Inc. is a Ft. Lauderdale, Florida-based Company that looks to create growth, add to profitability, and build shareholder value by engaging in a full-spectrum processing for e-commerce and traditional transactions through a PCI Certified Payment Gateway and proprietary 'bank-grade' electronic-vault based payment-processing system through its exclusive Envoii Deployment License Agreement.
About Blue Bamboo
Blue Bamboo designs and markets feature-rich and exceptionally affordable products for the POS (point-of-sale) terminal and peripherals industry. Blue Bamboo's robust electronic payment technology delivers scalable, customer-centric wireless and retail payment solutions which meet PCI and EMV standards all in a secure, reliable, and versatile design.
Forward-Looking Statements
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Secured Financial Network, Inc. and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
INVESTOR INQUIRIES can be directed to the Company's website, http://www.sfnl.net.