Freeport Capital Inc. (FAS:CNSX) Hybrid Enters Agreement With PaySoft International Inc. Of

MIAMI, FLORIDA, July 17, 2012 /CNW Telbec/ - President of Hybrid PayTech Mr. Michele Tasillo stated "We are very pleased to have entered into a licensing & distribution agreement with Paysoft International, Inc. & President Mr. Eri Guzman. The agreement which will benefit both companies will allow Paysoft to expand its current offering of ECheck to Include Hybrid's Mobile Payment Solutions for Credit & Debit acceptance. The new combined offering optimizes Hybrid's Mobile Payment App's and existing Credit and Debit Acquirer connectivity as well as Paysoft's ECheck solutions for "on the go" merchants of all business sizes including Delivery, Transport, E-commerce, Logistics, Restaurant, Ticketing events and much more. We believe that our offering through Paysoft's existing customer base of 1200 merchants and existing VAR's will create significant revenue opportunities for both corporations and strengthen each companies reach into the "on the go" business market segment. The offering will allow for merchants to use their existing Merchant ID's issued from their processor's/acquirer's and easily enable the Hybrid Payment Mobile Solution over any of the selected 4 OS's (IOS, BB, Android, Windows 7) on their Smartphone or Tablets including approved Encrypted hardware."

About Paysoft International, Inc.

Paysoft International, Inc. is a Miami Corporation with offices in Puerto Rico and Cleveland, Ohio.  Paysoft specializes in Check21 processing solutions for Government Agencies and Businesses.  Paysoft has created a Mobile ECheck platform also now available for IPads and its President is Mr. Eri Guzman. Presently Paysoft has a base of 1200 merchants nationwide and is expanding through VARs (Value Added Resellers) in major cities throughout the USA including Puerto Rico and offering its latest program enabling any business to produce its own ECheck from the back office solution rather than needing a 3^rd party processor.  This solution offers the Merchant more control over its deposits and especially maintains the Merchants branding with their end customers.   For more information, you can contact: 18882424922.  (www.paysoftintern.com).

About Freeport Capital Inc.

First Equity Strategy LLC (DBA; Hybrid Paytech is a subsidiary of Freeport Capital Inc. Based in Montreal, Canada; Hybrid Paytech is a technology leader in the mobile payment space for EMV, Credit and Pin Debit acceptance offering an ERP (Enterprise Ready Platform) enabling Processors & Acquirers with quick merchant adoption solutions. With a global footprint, Hybrid Paytech is an enabler of easily deployable payment systems for Smartphones & Tablets focusing on Encryption & Authentication for Merchants in the Fleet, Delivery, Logistics, Transit, Government, Hospitality and Retail industry "on the go".

For further information on Hybrid PayTech, please visit www.hybridpaytech.com and click on our corporate video presentation http://www.youtube.com/watch?v=XvZHrck2eag&feature=youtu.be

The Canadian National Stock Exchange (CNSX) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy. This news release does not constitute a solicitation to buy or sell any securities in the United States.

For further information:
Freeport Capital Inc. (FAS:CNSX)
Mr. Michele Tasillo [phone]
[email protected]