Hybrid PayTech World Inc. announced the number of changes to its Board of Directors. To that end, the first change is that Mr. Louis Belanger-Martin has stepped down in order to take on additional management responsibilities abroad with the investment fund that he is managing. Mr. Stephane Boisvert will assume the role of Chairman of the Board and as such will be stepping down as CEO effective immediately.

To replace Mr. Boisvert, Mr. Marcel Vienneau has been appointed as the new CEO. In addition, Mr. Frank Di Tomaso has also decided to leave the Company's Board of Directors due to increased board duties and responsibilities with other companies on whose boards he has recently been appointed.