MoneyTrac Technology, Inc. has promoted Ms. Vanessa Luna to the distinguished role and position of Chief Executive Officer. Former CEO, James Hancock will assume the distinguished role of the company's Chairman of the Board. Both appointments are effective as January 1, 2018.

The company's promotion of Ms. Luna comes following her successful and nine-month role as MTRAC's COO. Included with the transition of Ms. Luna to CEO is the appointment of Mr. David A. Flores as the Company's new COO. Since June 2017, Mr. Flores has been instrumental in the company's internal operational development in his role as MTRAC's Business Development Manager.

His experience and knowledge are deeply rooted in his experience with the legal industry, where he gained several years of experience in operational support and management, including compliance oversight, HR, payroll and employee benefits administration, as well as in finance and accounting management. Mr. Flores will also be joining the company's Board of Directors and will play a critical role in driving MTRAC's vision and objectives to fruition in collaboration with the company's growing executive management team. The Company has also selected a group of key individuals to fill the management positions that are being developed through its growth.

Each of them bring invaluable industry experience and knowledge and will be important in the facilitation of the significant growth and expansion MTRAC anticipates over the next several months.