DuoCash, Inc. Names New CEO

DuoCash, Inc. Names New CEO

FT. LAUDERDALE, Fla., Jan. 12 /PRNewswire/ -- DuoCash, Inc., the Florida- based Internet payment solutions company, announced today the appointment of Albert F. Case, Jr. as chief executive officer. Case joined the company as a consultant and acting chief operating officer in June of last year. Victor Nappe, DuoCash founder, states, "I'm thrilled to hand the reins over to Al for strategic management of the company. Al's focus on the Internet game industry, his experience as head of the E-Business Resource Center at Gartner, and his history in mergers and acquisitions and capital acquisition are just what we need to get to the next level." Nappe who remains as Founder and "CNO" or chief "next" officer, further commented, "We've only begun to see the power of the DuoCash network. Al's new role will free me to work on the next- generation DuoCash network and focus on extending the DuoCash network into new services markets."

Case commented, "I'm very enthusiastic about the future of DuoCash. A primary limiting factor on e-commerce is the availability of a ubiquitous 'cash alternative' for payments. Over 50% of the addressable e-commerce market either does not have a bank credit or debit card or, if they do, they will not use it online. DuoCash uniquely solves that problem. We've got the physical distribution, with 19,000 merchants -- now we need to invest in execution, in taking our message aggressively to the merchant market."

Case, a 30-year veteran of the information technology industry, has held numerous senior positions including division president and senior vice president of Gartner, Inc., the global IT consulting and advisory service firm based in Connecticut, president and managing director of Stamford Research, and has held senior executive positions with Ryder System, Inc., HSBC Bank, M&T Bank, Nastec Corporation and Transform Logic, Inc.

About DuoCash

DuoCash is a unique merchant network that allows consumers to use prepaid cards (such as DuoCash branded prepaid phone cards and gift cards) to buy products, services and subscriptions on the Internet. DuoCash-enabled prepaid phone cards and gift cards are available at over 19,000 retail locations in the US -- wherever iPrePay, Blackstone, ViaOne or GTS Prepaid cards are sold. DuoCash is widely accepted as a payment method for over 40 Internet-based adventure games (such as Ultima Online, Warcraft and Dark Age of Camelot), plus a variety of web-based entertainment and merchandise vendors, and wherever you see the DuoCash or PayByCash.com logo on the Web. For more information, visit http://www.duocash.com/.

For More Information Contact:

Alan Fountain, Media Relations
DuoCash, Inc.
4901 NW 17th Way
Ft. Lauderdale, FL 33309
+1.954.332.5199
Al@DuoCash.com

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.


Source: DuoCash, Inc.

CONTACT: Alan Fountain, Media Relations, DuoCash, Inc., +1-954-332-5199,
Al@DuoCash.com

Web site: http://www.duocash.com/


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