Zoompass Welcomes New CEO and Senior Leadership Team

Toronto, Ontario–(Newsfile Corp. – April 21, 2020) – Zoompass Holdings Inc. (OTCQB: ZPAS) announced that as of March 1, 2020, Mr. Roberts resigned as interim Chief Executive Officer to join the Board of Directors as Director and Chairman. Mr. Roberts has appointed Mr. Manny Bettencourt as Chief Executive Officer and interim Chief Financial Officer and interim Secretary.

Manny Bettencourt has most recently been the Chairman & CEO of Sensor Technologies Inc. He has also been the Executive Chairman of W2E technology Corp. since January 2018 and Managing Director of First Principles Group Inc. since May 2002. From January 2018 until November 2018, Mr. Bettencourt was CEO and Founder of Demand Power Group Inc. Previously, he served as CFO of Distinct Infrastructure Group from August 2015 through December 2017.

Mr. Bettencourt is a graduate of the University of Toronto at Mississauga (B.COMM 1995) and holds both a CPA, CA designation.

In addition to Mr. Bettencourt joining Zoompass, the Board of Directors is thrilled to welcome an impressive Senior Leadership Team to help lead the company to further success in a variety of areas.

“I’m excited to welcome Manny Bettencourt as the new CEO of Zoompass Holdings Inc. Through his experience and leadership, Manny is exceptionally qualified to oversee Zoompass’ growing success,” says Steve Roberts, Chairman & Director at Zoompass.

About Zoompass: Zoompass is a global innovator in the SaaS world, focused on next generation web-based technologies and software solutions for both private and public sectors. We service both market-leading and small businesses around the world, supporting them with technical, financial and operational solutions, as well as global marketing expertise.

Steve Roberts
Phone: 647-406-1199
Email: sroberts@zoompass.com
Website: zoompass.com

Zoompass Safe Harbor Statement

Certain statements contained within this release are considered to be forward-looking under the Private Securities Litigation Reform Act of 1995 and are subject to risks and uncertainties including, but not limited to, the risk that any projections or guidance, including revenues, margins, earnings, or any other financial results are not realized, the impact of changes in tariffs, adverse changes in the global economic conditions, significant volume reductions from key contract customers, financial stability of key customers and suppliers, and availability or cost of raw materials. Forward-looking statements can often be identified by words such as “anticipates, ” “expects,” “intends,” “plans,” “predicts,” “believes,” “seeks,” “estimates,” “may,” “will,” “should,” “would,” “could,” “potential,” “continue,” “ongoing,” similar expression, and variations or negatives of these words. These forward-looking statements are not guaranteeing of future results and are subject to risks, uncertainties and assumptions that could cause actual results to differ materially and adversely from those expressed in any forward-looking statement. Additional cautionary statements regarding other risk factors that could have an effect on the future performance of Zoompass are contained in the Company’s Form 10-k filing for the fiscal year ending in December 31, 2020, and other filings with the Securities and Exchange Commission.