HDX continues to pursue selective acquisitions which the Company expects will be primarily focused on POS services companies that can be acquired at attractive multiples, and whose products or customer base complements or extends that of the Company currently. In the Company’s fourth quarter of 2011, the Company completed the acquisitions of HDX Payment Processing Ltd. (formerly Cash N Go Ltd.) and certain Hospitality assets of 2020 ITS Inc. (“2020”).

Welcome
to the Investor Relations website for Hosted Data Transaction
Solutions Inc. (formerly Dexit Inc.).
Please
click below for information:
COMPANY OVERVIEW
GROWTH STRATEGY AND FUTURE OUTLOOK
NEWS RELEASES
SHARE CAPITAL
GOVERNANCE
& BOARD MEMBERS
CODE OF BUSINESS CONDUCT
MANAGEMENT TEAM
FINANCIAL REPORTS & REGULATORY FILINGS
EMAIL ALERTS
INVESTOR CONTACTS
Forward-Looking
Statements
Any
statements contained herein that are not statements of historical
facts may be deemed to be forward-looking, including those identified
by the expressions “anticipate”, “believe”, “plan”,
“estimate”, “expect”, “intend”, and similar expressions
to the extent they relate to the Company or its management. The
forward-looking statements are not historical facts, but reflect HDX
current expectations regarding future results or events. These
forward-looking statements are subject to a number of risks and
uncertainties that could cause actual results or events to differ
materially from current expectations, including the matters discussed
under “Risks and Uncertainties” in the Annual Information Form
filed on April 2, 2007 with the regulatory authorities. HDX
assumes no obligation to update the forward-looking statements, or to
update the reasons why actual results could differ from those
reflected in the forward-looking statements.
COMPANY OVERVIEW
The Company is in the business of managing merchant transactions with consumers and facilitating payment emphasizing transaction speed, simplicity, and accuracy. Posera-HDX develops and deploys touch-screen point of sale (“POS”) system software and associated enterprise management tools and has developed and deployed numerous POS applications. Posera-HDX also provides system hardware integration services, merchant staff training, system installation services, and post-sale software and hardware support services. Through the acquisition of Posera, the Company immediately acquired access to Posera’s worldwide dealership network of approximately 113 resellers in 25 countries with approximately 1,100 representatives selling, supporting and installing its software. Posera’s main software product, known as Maître ‘D, has been deployed in over 20,000 locations worldwide in eight different languages.
Posera-HDX’s has licensed a prepaid payment solutions allow customers to pay for items quickly and conveniently with either: RFID (radio frequency identification) tags, magnetic stripe cards, or UPC bar-coded cards. The solution can be private branded for a specific merchant. A private branded web interface further extends the offering to allow for convenient reload and other account management options. Posera-HDX payment solutions are especially well suited for corporate and institutional cafeteria environments where hundreds of customers purchase and pay for meals in compressed periods throughout the business day.
The Company’s Common Shares are listed on the Toronto Stock Exchange under the symbol “HDX”.
GROWTH STRATEGY AND FUTURE OUTLOOK
HDX offers ("turnkey") solutions including custom software development, integration of our software with appropriate industry specific hardware solutions, deployment and training of our integrated solutions, and providing the ongoing software support and hardware support of deployed solutions. Management’s strategy is focused on growing the business organically by:
SHARE CAPITAL
As at March 31, 2012, Posera-HDX had issued and outstanding 48,434,422 Class A voting common shares, 5,526,546 warrants to purchase common shares at $0.65, and 3,329,593 options, of which 3,129,593 were exercisable at an exercise price to purchase common shares ranging from $0.25 to $2.70. As at May 15, 2012 Posera-HDX had issued and outstanding 48,434,422 Class A voting common shares and 3,329,593 options, of which 3,129,593 were exercisable at an exercise price to purchase common shares ranging from $0.25 to $2.70. As at March 31, 2012 and May 15, 2012 the convertible debenture could have been converted into 1,857,099 and nil Common Shares respectively.
The following is a summary of stock options and warrants outstanding:
|
|
Exercise
price |
Expiry |
Number issued and outstanding |
|
Stock Options |
$0.25 to $2.70 |
May 19, 2013 to September 13, 2016 |
3,329,593 |
|
Compensation Options |
$0.45 |
April 27, 2012 |
552,665 |
|
Warrants |
$0.65 |
April 27, 2012 |
5,526,546 |
GOVERNANCE & BOARD MEMBERS
The
HDX Board of Directors has implemented a high standard of corporate
governance. All members of the Board's Audit Committee, Human
Resources and Compensation Committee, Corporate Governance and
Nominating Committee are independent of management.
Loudon
Owen
Chairman
of the Board
Paul
Howell
Director
Michael Brown
Director
Paul Fornazzari
Director
David Del Chairo
Director
Gary Figueira
Director
CODE
OF BUSINESS CONDUCT
The
HDX Board of Directors has adopted a Code of Business Conduct, which
summarizes the standards of business conduct that are to guide the
actions of all directors, officers and employees of the company. The
goal of the Code is to promote, above all, honest and ethical conduct
and fair dealing in all business relationships, with respect to all
of HDX stakeholders - including its shareholders, customers,
suppliers, other business partners, regulators, and
employees.
MANAGEMENT TEAM
Paul
Howell
Chief
Executive Officer
Mr.
Howell, a veteran in the retail systems industry, is the founder,
chairman, and majority shareholder of Howell Data Systems Inc.
(“HDS”), a leading supplier of point of sale solutions in North
America and a supplier of business software solutions, hardware
systems, and support services, to thousands of merchants in the
grocery, restaurant, theatre, and general retail industries. Due to
consistent success in deploying solutions to new merchant locations,
HDS received the IBM North America Market Growth Achievement Award
for 2005.
Michel Cote
President
Sol
Korngold
Chief
Operating Officer
Mr.
Korngold came to Hosted Data Transaction Solutions (HDX) in 2001 from
CIBC, where he was the Director of Programme Management for CIBC’s
Internet Channel. Prior to working at CIBC, Mr. Korngold held senior
positions at Cebra Inc., then a wholly-owned e-commerce subsidiary of
the Bank of Montreal. At Cebra, Mr. Korngold contributed to the
development and launch of, among other initiatives, MERX, Canada’s
national tendering service and ePOST, an electronic bill presentment
and payment service that was developed and launched in partnership
with Canada Post Corporation. Mr. Korngold is a founding member of
Dexit Inc.
Kevin
Mills
Chief
Financial Officer
Mr.
Mills came to Hosted Data Transactions Solutions Inc. during fiscal
2008 from PricewaterhouseCoopers LLP where Mr. Mills served as an
Audit Manager. Throughout his career at PricewaterhouseCoopers
LLP, Mr. Mills was assigned to projects in Washington, DC, Toronto,
San Diego and most recently London, Ontario offices.
Mr.
Mills holds a BCOM degree from Queen’s University in Kingston,
Ontario and is a Chartered Accountant, registered in the Province of
Ontario.
Allen Shulman
Senior Vice-President of Corporate Business Development
FINANCIAL REPORTS & REGULATORY FILINGS
The
Company trades under the ticker symbol HDX on the Toronto Stock
Exchange and has a fiscal year end of December 31.
HDX
financial information and regulatory filings are available at
www.sedar.com.
EMAIL
ALERTS
If
you would like to be added to or deleted from our HDX press release
email distribution list, please email
hdxalerts@hdxsolutions.com
with “Add Email Alerts” or “Stop Email Alerts” in the header
of your email.
INVESTOR CONTACTS
Investor
Relations
Investors
interested in information on HDX should contact:
Paul
Howell
Chief Executive Officer
Tel: (416)703-6462 (ext.
263)
E-mail: paul.howell@hdxsolutions.com
Transfer
Agent
Shareholders
with questions about the transferring or registering of HDX common
shares should contact the Transfer Agent:
Equity Transfer &
Trust Company
200 University Avenue, Suite 400
Toronto, Ontario
M5H 4H1
Canada
Website: www.equitytransfer.com
Tel:
(416) 361-0152
E-mail: info@equitytransfer.com