Exclamation Appoints Experienced Leaders for One Inc., Sets Stage for Aggressive Development of Tran
May 29, 2012 at 10:20 AM EDT
Exclamation Appoints Experienced Leaders for One Inc., Sets Stage for Aggressive Development of Transformative Loyalty Solutions Business
Toronto, Ontario CANADA, May 29, 2012 /FSC/ - Exclamation Investments Corporation (XI - TSX Venture), ("exclamation") today announced that it has named two entrepreneurs with a combined 40 years of consumer loyalty and marketing experience to drive aggressive development of its newest and most important venture to date, One Inc.
One Inc.(http://www.one-inc.com/)is solving the problem of too many cards in the consumer's wallet and too many apps on the phone through "Universal Recognition". The "One Inc. Universal Recognition Platform" makes it possible to consolidate all of a consumer's loyalty and membership numbers into a single "One Inc. Number".
Effective immediately, Jeffrey Moscoe will serve as Chief Executive Officer of One Inc. and Sacha Diab will serve as President. Mr. Moscoe brings 20 years of relevant entrepreneurial, leadership and technology experience to his new role. Earlier in his career, he was Managing Director of Loyalty Management International, the world's leading consumer loyalty program developer and operator. He also served as CEO of HoloFX, an innovative interactive visual display technology enterprise, a web-based consumer products company and operated his own loyalty consulting firm. He is a graduate of the University of Western Ontario and obtained his MBA from Dalhousie.
Mr. Diab was a founding member of Points.com, the world's first and only public loyalty exchange where he was instrumental in forging relationships with leaders such as Microsoft, HBC, US Airways, Amazon and Starbucks. He was also a co-founder of GreenRewards, Canada's first environmental coalition program (later purchased by Air Miles) and led the business development efforts of Triad, a New York-based communication enabler assisting Fortune 100 clients with channel, consumer and employee initiatives. He is also a graduate of the University of Western Ontario.
In announcing the appointments, Marc Lavine, exclamation's CEO said: "A key step in the exclamation model for creating new business is a validation of the opportunity by attracting an exceptional team to become co-founders of the business. A new idea cannot be launched without strong management and we are extremely pleased to have attracted Jeffrey Moscoe and Sacha Diab as co-founders."
Mr. Lavine added "Jeffrey and Sacha's value creation credentials are excellent and their commitment to One Inc. is inspiring. The two of them are industry veterans with impeccable business-development expertise and extensive customer networks, to begin commercializing what we believe will be a disruptive and transformative solution in the worldwide loyalty space."
Said Mr. Moscoe: "Sacha and I have spent the last several months assessing the One Inc. solution and speaking to prospective retail users of the technology. We are convinced that the opportunity exists to make our Universal Recognition platform the de facto standard in the loyalty and membership space because of the value it can bring to consumers and retailers alike. We are preparing a set of bold goals, complete with accompanying strategies and milestones to guide aggressive commercialization. We're proud to join the exclamation team as founding shareholders in this important venture."
ABOUT ONE INC.
One Inc.(http://www.one-inc.com/)is solving the problem of too many cards in the consumer's wallet and too many apps on the phone through "Universal Recognition". The "One Inc. Universal Recognition Platform" makes it possible to consolidate all of a consumer's loyalty and membership numbers into a single "One Inc. Number". This number can be linked to any payment card or recognition token that the consumer chooses and the merchant accepts. This may be in the form of a card, a mobile app, attached to your payment card, in your e-wallet or any other token. Now One Inc.'s recognition token replaces all the cards in your wallet!
ABOUT EXCLAMATION INVESTMENTS CORPORATION
exclamation Investments (http://www.exclamation.com/)is a business creator that conceives and develops paradigm-shifting businesses in its roles of seed investor, founder and active partner. Leveraging its trans-Atlantic network to develop new business concepts, and its proven process for transforming ideas and capital into profits, exclamation shareholders participate from the founder stage as they 'get in' at a low cost before significant value is established, and are positioned to 'exit' and realize gains when value is maximized offering potential returns significantly higher than traditional venture capital and private equity. For more information about exclamation, visit http://www.exclamation.com. ;
Certain information in this news release may constitute forward-looking information. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. The Corporation assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to the Corporation. Additional information identifying risks and uncertainties is contained in the Corporation's filings with the Canadian securities regulators available at www.sedar.com.
Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
Exclamation Investments Corporation
Daniel Shields, Chief Financial Officer
t : 1 (888) 838-1666
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Source: Exclamation Investments Corporation (TSX-V XI) www.exclamation.com
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