CARLSBAD, CA–(Marketwired – Feb 13, 2015) – TransTech One, a subsidiary of AppTech Corp. (OTC: APCX), has announced it will offer a Cloud Equity Program to its Cloud Services clients as a way to reward its customers for their business. Clients will earn stock in the parent company based on their first year of gross billing for all cloud-related services.
The Cloud Equity Program is similar to the Merchant Equity Program pioneered by Transcendent One, another subsidiary of AppTech Corp., in which merchant clients earn stock based on their Visa/MasterCard volume.
“The Equity Programs are designed to reward the lifeblood of our companies. As our businesses and public market grow, we are excited to share our success with our clients as the first and only Merchant-Owned Company in the market,” says President Steve Cox.
TransTech One recently launched its Cloud Services division, which enables business clients to avoid significant hardware costs, increase user productivity, and improve day-to-day manageability of their organization’s technological infrastructure.
About AppTech Corp.
AppTech Corp. is a financial services and information technology company. With electronic payments at its core, the Company offers a range of service lines to both business and consumer markets through its subsidiaries, Transcendent One and TransTech One. TransTech One offers commercial and residential information technology (IT) services through regional expansion.
Forward Looking Statements
This press release contains forward-looking statements that are inherently subject to risks and uncertainties. Forward-looking statements are generally identified by words such as “estimates,” “goal,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks” and similar expressions. Actual results may differ materially from those referred to in the forward-looking statements due to a number of important factors, including but not limited to risks associated with hardware procurement and deployment. Such forward-looking statements involve known and unknown risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, and competition in general that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. The Company is under no obligation to update or alter its forward — looking statements whether as a result of new information, future events or otherwise.