Bruno Moreau Joins Eastpoint Ventures

BRUNO MOREAU JOINS EASTPOINT VENTURES — WILL LEAD A BUSINESS INITIATIVE FOCUSED ON DIGITAL PAYMENTS AND RELATED TECHNOLOGIES

On March 1, 2012 Bruno Moreau joined Eastpoint Venture, as a Principal. Bruno will lead an important business initiative under which Eastpoint Venture intends to offer corporate advisory services to companies developing innovative products and services addressing the rapidly evolving digital payments and related technologies.  Eastpoint Ventures’ activities were previously incorporated within Eastpoint Capital SA; however, the group has decided that Eastpoint Ventures will have a focus on digital payments and security, including fund raising and advisory services.

Eastpoint Venture is in the process of establishing a venture capital fund to invest, alongside clients and other partners, in the same type of companies. While Bruno will be assisted by the other Principals in these endeavors, he will be managing the build-out of this initiative and taking the lead in business development.

Bruno has a 30-year background as an engineer, manager, founder and CEO in companies across a broad range of sectors within this industry, including RFID applications to contactless ticketing, document security, personal identification and digital payment technologies.

He has been involved in the financing of a number of start-up entities, the most recent being ASK, a Nice-based RFID products supplier which is the leading supplier of RFID contactless and dual contact / contactless tickets to the European transportation industry and a leading supplier to the global industry.

During his tenure as CEO, ASK expanded its markets and production capabilities to China, India, Brazil and the United States.

Additional information regarding the contents of this announcement may be obtained by contacting us at bruno@eastpoint-venture.com