Global’s Partner, World Innovation Technologies, Announces CEO


SAN DIEGO, March 03, 2020 (GLOBE NEWSWIRE) -- Global Trac Solutions Inc. (OTCPink:GOHE) (“Global” or the “Company”) and its new acquisition partner, World Innovation Technologies (“WIT”), are pleased to announce that Mr. Jason LeBlanc, MTrac’s former Chief Compliance Officer, will be named as WIT’s new Chief Executive Officer.

Over the last two years, Mr. LeBlanc has played an integral role in taking the MTrac payment platform to market. In early 2018 he was named as Director of Business Development and was responsible for putting together MTrac’s go to market strategy, assembling the sales and operations teams, and establishing key strategic partnerships in addition to fundraising efforts. As Chief Compliance Officer Mr. LeBlanc lead all government affairs, legislative initiatives and executive relationships with key clients and bank partners. As CEO of WIT Mr. LeBlanc will join a dynamic team of inventors and molecular scientists to build WIT’s business model and launch its suite of patented products and innovative dosing technologies into domestic and global markets.

WIT develops and manufactures all its own products in a cGMP FDA approved pharmaceutical laboratory and a GMP nutraceutical plant located in the state of Florida. The company will brand and distribute its own proprietary products, with options for white label partnerships, and will also focus on growing its manufacturing footprint in multiple states and building its product line through the development of new formulas and the establishment of new partnerships.

The Global team is pleased that Mr. LeBlanc will be heading up the WIT vertical, and the board is optimistic about the potential value that this new acquisition may generate for Global shareholders. “I am thrilled at the opportunity to lead a company that is well-positioned for growth in the wellness and nutraceuticals industries, as part of Global’s ongoing initiative to diversify its business verticals and build new revenue streams,” said Mr. LeBlanc. The companies’ partnership and agreement to name WIT’s new leader are clear indications of the synergy between the two organizations and that their growth objectives are mutually aligned.

Please click on Global Trac Solutions and World Innovation Technologies for more info on each company.

About Global Trac Solutions, Inc. (OTC Pink:GOHE)

Global Trac Solutions is a diversified holding company dedicated to identifying new and emerging technologies specific to a variety of industry verticals ranging from Branding and Marketing, Fintech, Business Development, Sales and Distribution, High-Risk, Nutraceuticals, and more. We focus and leverage our team’s diverse experience to effectively execute go-to-market strategies in order to position the companies we engage with for rapid growth and a structure to enhance profitability potential. We believe in a forward-thinking approach that embraces groundbreaking new technology and innovations while providing our partners with the infrastructure and vision necessary to evolve into the industry leaders of the future. We truly are the right TRAC to follow.

Formerly, Global Payout Inc. (GOHE): From 2014-2019 Global was focused on the payments and financial industry sectors with an emphasis in high-risk.

Forward-Looking Statements Disclaimer:

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are disclosed on the OTC website.

Corporate Contact:
Global Trac Solutions, Inc.
(619) 925-3202