Global technology and value-added solutions group Net Element (NASDAQ: NETE) recently announced the appointment of Jon “Dr. J” Najarian to its board of directors. Najarian will also serve the company as a member of its audit, compensation, nominating and corporate governance committees. An article discussing the company’s new member reads: “Regarding his appointment to Net Element’s board of directors, Najarian commented that he has been impressed with the company’s technologies, as well as its endeavors to disrupt the payments industry with innovations and value-added services, including recently announced plans for a decentralized blockchain platform. … As Net Element moves forward with its corporate initiatives, Najarian’s considerable expertise in finance, capital markets, cryptocurrency and blockchain will be invaluable to the company. Net Element continues a strong forward march in 2018, supported by the strongest balance sheet the company has ever had, and it is positioned for growth as it continues to execute on promising opportunities.”
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About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S. it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017 Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.netelement.com.
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