CARLSBAD, Calif., March 05, 2018 (GLOBE NEWSWIRE) -- AppTech Corp. (OTC PINK:APCX) Keeping in the forefront of FinTech companies with a portfolio of patented product offerings and intellectual property, AppTech announces that its Board of Directors has appointed Robert Sanchez as Chief Technology Officer.
Mr. Sanchez has been instrumental in the development of AppTech’s intellectual property portfolio, patents pending, and current product development. He has over 35 years of experience in wireless technologies and management. Since 2006, Robert was the CEO & President of GlobalTel Media, a technology firm having several patents in A2P Short Messaging Services (SMS) and mobile payments. Prior to GlobalTel Media and in 1999, he was VP & Chief Architect and co-founder of inCode Telecom Group, a global technology consulting firm of over 500 employees with 16 offices around the world. Before inCode, Mr. Sanchez was with Qualcomm starting in 1990 managing the digital cellular program including the definition and development of industry standards for CDMA handsets and base stations. He also was the GM for the Ancillary Test Products and Optimization Group as well as Globalstar’s manager for the worldwide system deployment, integration, and test program. Prior to Qualcomm, Robert was a staff systems engineer and section head with TRW/Military Electronics and Avionics Division managing several defense surveillance systems. He started his career with General Dynamics/Electronics Division as a systems analyst designing simulations and coding software for avionics systems.
Mr. Sanchez holds an MSEE from USC and a BA in Mathematics from the UC San Diego. He was a professor at UC San Diego for Engineering Extended Studies. Mr. Sanchez is on the Board of Trustees at Rady Children’s Hospital, Board of Directors with USC WOT, Board of Advisors at UC San Diego/Division of Physical Sciences, and Wireless Advisor for Toyota ITC in Japan.
AppTech Corp. is a FinTech company with a foundation in electronic processing technologies and merchant services, and has expanded its core merchant processing services to include enterprise-grade, patent-protected software and intellectual property for advanced text messaging incorporating the ability to transact payments via secure text messaging based on NSA technology, SMS text messaging for notification, authentication, marketing, advertising, information queries, and reports using AppTech’s patented computer to Mobile Chat application. AppTech continues to provide digital marketing, software development, mobile app development, website development, website hosting, IT support, robust cloud computing & comprehensive payment processing for brick-and-mortar, e-commerce, and ACH.
For more information about AppTech, please visit www.apptechcorp.com.
This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate", "believe", "estimate", "expect", "forecast", "intend", "may", "plan", "project", "predict", "should" and "'will" and similar expressions as they relate to AppTech are intended to identify such forward-looking statements. These forward-looking statements involve risks and uncertainties concerning the Company. Actual events or results may differ materially from those described in this press release due to a number of factors. AppTech is under no obligation to update or alter its forward-looking statements whether as a result of new information, future events or otherwise.