Michael C. Busher Becomes CEO of NxSystems™ Limited

Portland, Oregon, March 16, 2020 —
Virtual Automated Technologies, Inc. announced today the resignation of Michael C. Busher as Chief Executive Officer of the Company.   Effective March 16, 2020, Mr. Busher has accepted the position of Chief Executive Officer of NxSystems™ Limited, the Companies Irish affiliate.

President Scott Amon stated “Mike’s dedication over the past six years in building a world class e-banking, e-payments and e-commerce solutions company has established Virtual Automated Technologies as a premier provider of electronic payment solutions.  We congratulate Mike on his new position and look forward to working with him in the future.”

Michael Busher stated “I am really excited about this new opportunity to build a counter-part to the Virtual Automated Technologies North American business model.  In addition to my new responsibilities at NxSystems™ Limited, I will continue to work with VAT on a consulting basis.

About Virtual Automated Technologies, Inc.
Virtual Automated Technologies, Inc. (www.vatproducts.com) is an Oregon based Global Payments Solutions® provider.  VAT’s SpeedyWallet™ ASP software links prepaid debit cards (stored value cards) to the Internet, creating a web-enabled solution for the management of prepaid debit cards.

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