Hybrid Paytech World announced that after a unanimous approval at a Special Shareholder meeting held January 15, 2015, the company will change its name to Mobi724 Global Solutions. Marcel Vienneau CEO ­ of Hybrid Paytech world also announced and welcomes Stephane Boisvert, Jacques Coté CPA CMA, Allan Rosenheck and Georges Morin as the newly elected board members. Their official start date is March 18, 2015.

Each board member will be involved in the various committees based on their expertise and strengths including the audit committee as well as the three newly formed committees which are: the Business Development committee, IT Security-IP & Innovation committee, and the HR committee. The new CEO believes this new structure will add oversight and value for all shareholders in the future of the company. The new Chair of the board will be elected at the March 18, 2015 meeting.

Stephane Boisvert is currently Senior Vice President of Global Sales of Stingray Digital Inc. Jacques Coté CPA, CMA was previously the CFO of the Canadian Space Agency (CSA) and currently serves as a special adviser. George Morin is a senior marketing executive and is a founding partner of Cossette Communications Group. Allan Rosenhek is currently the Vice President and Board Member of Glentel USA Inc. and was previously VP Corporate Development at Glentel Inc.