SOURCE: FastFunds Financial Corp.
WEST PALM BEACH, FL--(Marketwire - Sep 25, 2012) - FastFunds Financial Corporation (OTCQB: FFFC) announced today that Ed Shake has signed a three-year employment agreement to join the Company's consumer products division. He will act in the capacity of business development manager. Mr. Shake has extensive experience in the sporting goods industry serving as the CEO and President of bicycle and fitness equipment manufacturer Roadmaster Corporation from 1991 to 1996 and as the President and Executive Vice President of Operations for the Brunswick Bicycle Corporation, a division of Brunswick Corporation, from 1997 to 1999. During his tenure with these companies, Mr. Shake generated in excess of $2 billion in revenues. Mr. Shake attended the Advanced Management Course at the Harvard Business School and has both M.S. and B.S. degrees in industrial engineering from the University of Tennessee. Since his departure from Brunswick Corporation, Mr. Shake has been self-employed as an independent management consultant.
Barry Hollander, Acting President of the Company, stated, "We are very excited to have an individual of Mr. Shake's caliber join the burgeoning consumer products division of FastFunds Financial. His extensive experience in consumer products with known brand recognition and high volume sales will enable us to quickly move forward with our plans for penetration in these multi-billion dollar markets."
About FastFunds Financial Corporation
FastFunds Financial Corporation is a holding company that is publicly traded on the Over-the-Counter QB under the symbol "FFFC." The Company currently operates in the financial services industry segment with a single credit card services portfolio. The Company is currently seeking new business opportunities to diversify and complement our current services and products, enhance our technical capabilities or otherwise offer growth opportunities for our stockholders.