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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:

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”).


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
per common share

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