TORONTO, April 2, 2014 (GLOBE NEWSWIRE) -- Epcylon Technologies, Inc. (OTCBB:PRFC) ("Epcylon" or the "Company") is pleased to announce that its Board of Directors has appointed Peter George as Chief Executive Officer and a member of its Board of Directors effective immediately.
"During times of innovation, transformation and future growth of a company there is no better person to lead Epcylon than Peter George," said Todd Halpern, Epcylon's Chairman of the Board of Directors. "Peter is a proven leader with over 20 years of sales and marketing skills; possessing a keen business vision and has the strength to bring clients and opportunities together. His vision for how Epcylon's technology will be used and experienced around the world is exactly what Epcylon needs as the company enters its next chapter."
The chairman continued, "critical to all companies, no matter how innovative and creative is sales. Without it, companies are rendered ineffective. Epcylon is poised for great things to come and having Peter at the helm guiding us is very exciting. I know Peter's passion and his hunger for success will only grow stronger under his tenure."
"Epcylon is a rare company that is revolutionizing the mobile gaming industry and vastly altering the global financial markets through our proprietary artificial intelligence gaming & trading software. Driving and leading the world through our technology and having a front seat, I couldn't be more honored to have been chosen to helm the company," Peter said. "The opportunity ahead for Epcylon is vast and limitless, but we must be vigilant with clear laser focus, move faster and continue to evolve. The biggest part of my job is to market and sell our phenomenal suite of products and services to the marketplace and customers quickly, efficiently and most importantly, profitably. This is a company that I truly believe in and know will succeed. My conviction is steadfast that my annual paid compensation will be $1.00 per year with stock options based on performance."
"Peter is clearly the best person to lead Epcylon, and he has the unanimous support of our Board," Douglas McKay said. "As the Board should, our approach is to take the long term view that our shareholders, customers, partners and employees expect and deserve."
About Epcylon Technologies, Inc.
Epcylon (OTCBB:PRFC) is an innovator in the fields of artificial intelligence software, mobile gaming and services & solutions that helps people, charities and businesses realize their greatest potential.
For more information, please visit: http://www.epcylon.com
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release. For further information about Epcylon Technologies Inc., please refer to its website at http://www.epcylon.com
CONTACT: Media Relations Epcylon Technologies, Inc. 131 Bloor St. W., Suite 200/372 Toronto, Ontario Canada MS5 1R8 Phone +1-416-479-0880Source:Epcylon Technologies, Inc.