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. In the Company’s second quarter of 2010, the Company completed the acquisitions of A&A Point of Sale Solutions Inc., Posera Inc., and Century Cash Register Inc.

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
Hosted
Data Transaction Solutions Inc. is in the business of managing
merchant transactions with consumers and facilitating payment. HDX
develops and deploys touch screen POS system software and associated
enterprise management tools and has developed and deployed numerous
POS applications. HDX also provides system hardware integration
services, merchant staff training, system installation services, and
post sale software and hardware support services.
Leading
edge technology also includes customer self serve kiosks and “line
buster” mobile point of sale terminals. These products have been
designed to dramatically enhance customer throughput and drastically
reduce customer queues. These technologies are especially effective
in high foot traffic environments that have limited cash register
counter space, limited retail square footage, and the absence of a
drive through.
HDX pioneered an "instead of cash"®
electronic based payment facilitation service. The Dexit® Service
can be private branded for a specific merchant and enables customers
to pay for items quickly and conveniently with the tap of a RFID
(radio frequency identification) tag linked to a pre-paid account.
This Dexit® Service payment solution is 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.
To find out more about Hosted Data
Transaction Solutions Inc., visit our website at
www.hdxsolutions.com.
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 September 30, 2010, HDX had issued and outstanding 42,565,428 Class A voting Common Shares and 5,526,546 warrants to purchase common shares of HDX at $0.65. In addition, HDX had issued 2,390,605 options, of which 2,388,521 were exercisable as at September 30, 2010.
The following is a summary of stock options and warrants outstanding:
|
|
Exercise
price |
Expiry |
Number issued and outstanding |
|
Stock Options |
$0.125 to $2.70 |
August 10, 2011 to January 31, 2015 |
2,390,604 |
|
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
Thomas
Pladsen
Director
Paul
Fornazzari
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.
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.
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