10 x +++! MYEC
Update from CEO
"We are officially changing the name of the company to MEC Incorporated. We will be retaining all of our brand names. Our primary focus is on licensing core payment and banking solutions to banks. We have licensed our EmailMoni brand to an international bank based in Africa, that announcement is pending any day. We also have another bank in Africa sub-licensing and a growing pipeline of very interested banks. We believe the new company name is a better fit for our business, MyECheck will remain the name of our electronic check service in the US.
We are interested in licensing eMobile to a major US bank, we are in discussions, Africa will bring good exposure of our capabilities.
There are also opportunities presenting themselves for US companies that want to engage in the African market through our bank partners.
We have completed all development and testing of the production EmailMoni system for our licensee, the last pieces we completed were bug fixes for the help desk, the bank has hired and trained about 40 customer service reps on the system. I think the final delay related to the marketing side not being ready. There has been a huge commitment, the bank has invested a year and half and millions of dollars internally on this, it is a big part of their future plans, and it is already operating, it will be announced!"
MYEC
AI
