SAN FRANCISCO, CA , April 03, 2018 (GLOBE NEWSWIRE) -- APT SYSTEMS, INC. (OTC PINK: APTY) APT SYSTEMS, INC. is pleased to announce it has retained William Uchimoto as legal counsel for its Verifundr project and related ventures. Having a strong government and self-regulatory legal background, Mr. Uchimoto has advised private sector clients for more than thirty years. His practice continues to concentrate on and around capital market transactions, financial regulation and innovation of financial products and trading systems, including cryptoassets and compliance.
“Bill did the seminal legal work for many securities market innovations, including pioneering “Index Participations” that transcended into Exchange Traded Funds, a $4 trillion market. We are thrilled to be working with Bill and to benefit from the enormous experience he brings to the table. We anticipate much dynamic input into the rolling out of our plans, operations and products in an evolving global regulatory structure,” said Glenda Dowie, CEO of APT Systems.
Mr. Uchimoto also will advise the Company’s wholly-owned subsidiary, RCPS Management Inc. that manages and owns the brand Verifundr. Verifundr is a trust based escrow and payment system that is being designed and developed with unique fin-tech principles and policies to support a revolutionary new consumer eco system for efficient transaction of goods and services.
About Mr. Uchimoto: He is a leading corporate and financial markets attorney who began his career at the Securities and Exchange Commission working on implementation of the Congressionally mandated National Market System. He next served as General Counsel of the Philadelphia Stock Exchange (“Phlx”), the nation’s oldest stock exchange and gave legal oversight to the Exchange’s stock, equity options, index options and foreign currency options programs, as well as the Phlx’s Depository and Clearing Corporation subsidiaries. Later he became General Counsel of a fin-tech public company that had several subsidiaries involved with leading-edge financial advisory and trading products. Finally, as a partner at various prominent law firms, he has shared his keen experience by representing numerous U.S. and international clients over the years. Recently Mr. Uchimoto started his own legal practice whereby he advises select clients on matters of key interest.
About APT Systems, Inc.: The Management of APT Systems, Inc. works to deliver stock trading tools like Kencharts and its tradng platform Intuitrader with a focus on handheld devices; while also strategically acquiring other compatible financial businesses which demonstrate strong growth potential. We are continuing our diligent search for software products that would enhance our operations while still watching dialogue on the proposed legislation for a Fintech National Banking Charter. Management recently launched its subsidiaries SNAPT Games, Inc. and RCPS Management, Inc. to further facilitate new products and long-term goals.
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