Digital Payment Technologies Corp. Announces Appointment of New Chief Executive Officer

Vancouver, BC March 2, 2005 Digital Payment Technologies Corp., a leading supplier of revenue management solutions for the global parking industry, is pleased to announce the appointment of Andrew Scott to the post of Chief Executive Officer.
Scott.jpgAndrew brings many years of experience in corporate finance as regional head of investment banking at CIBC Wood Gundy, followed by several years in finance, mergers and acquisitions with The Loewen Group, one of North America’s fastest growing consolidators. For the last six years Andrew has been involved in consulting, advising, managing and investing in small to medium sized British Columbia companies.
digitalpayment.gif"Andrew will significantly add to the executive, financial and operational management skills in the Company," said Ron Barnes who is retiring from the post of Chief Executive Officer, but will remain Executive Chairman of the Board of Directors of Digital Payment.

"I am very excited to be joining Digital Payment" said Andrew. "Ron and the management team have done a terrific job of moving the Company from an idea to a successful operating company" he continued.
Digital Payment Technologies Corp.
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