NELMAR Appoints Refugio A. Lopez as Vice President, Cash Management Services

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June 11, 2015 – NELMAR Security Packaging Systems, Inc., a leader in cash management systems and tamper-evident security packaging, is pleased to announce that Refugio A. Lopez has joined the company as Vice President of Cash Management Services. Mr. Lopez will oversee NELMAR’s revolutionary Cash Management Program, SureTraxxTM Deposit Ticket Generator.

“Refugio brings a wealth of expertise to our Company and to our Industry. His understanding of the handling and processing of everyday deposits at Banking Institutions will enable the advancement of our SureTraxx Online Deposit Ticket Technology. SureTraxx will virtually eliminate the use of paper tickets, and will save retailers deposit and reconciliation costs,” said Neil Freder, President, CEO, and Co-Founder of NELMAR Security Packaging Systems.

Mr. Lopez is a Financial Services Professional, bringing with him over 24 years of Banking and Cash Management experience. His expertise in Treasury Management, Commercial Banking, Financial Planning, Customer Service, Process Improvement and Business Strategy will be instrumental in his new role at NELMAR.

Mr. Lopez began his Banking career with the Federal Reserve Bank of San Francisco in 1991, working at the Los Angeles Branch and the San Francisco Main Office. During his tenure, his areas of focus expanded from overseeing the Cash Vault Operations to include Check Processing functions as well. He also held a Leadership position in a National Cash Infrastructure Initiative, resulting in the proposal, design and opening in 2001 of a new Federal Reserve Cash Processing Facility in Phoenix, Arizona, serving the increasing cash demands of the Southwestern United States.

In 2004, Mr. Lopez joined MUFG Union Bank to lead the Cash Services Operations, including five Union Bank in-house Cash Vaults, and to expand the national footprint of owner-operated Cash Vaults in partnership with large National Armored Carriers. The Cash Vault Operations supported all of Union Bank’s Branches as well as those of other Commercial Banks and Large National Retailers. In addition, Mr. Lopez served on the Federal Reserve Bank’s Customer Advisory Council (CAC) for Cash Services, comprised of representatives of the Top 25 Banks in the United States. He also served as co-chair of the CAC’s Planning Committee and Emerging Trends sub-committee. In 2011, Lopez led the Treasury Management Services and Customer Services organization supporting the Bank’s Corporate and Commercial Clients across 17 industries, including Large National Retailers, Government, Small Business and Real Estate.

“I’m extremely excited to be a part of NELMAR’s innovative and highly-respected team. I look forward to sharing our revolutionary SureTraxx product to the market to further improve the process of Cash Handling, Asset Security and Deposit Management,” said Refugio Lopez. Mr. Lopez earned his Bachelor’s Degree in Finance and Marketing at the Haas School of Business at the University of California, Berkeley. In 2012, he graduated from the Pacific Coast Banking School at the University of Washington.

About NELMAR Security Packaging Systems Inc.

NELMAR is dedicated to manufacturing a tamper-evident system for the safe transfer of currency, checks and other valuables. Since 1987, our FRAUDSTOPPER™, FRAUDSTOPPER ONE™, FRAUDSTOPPER ICE™, SECUR-PAK™ and MASTERCOIN™ brands have gained worldwide recognition from major Banks, Retailers, Armored Car Carriers, Law Enforcement Agencies, Medical Institutions, and Pharmaceutical Manufacturers and Distributors, etc. Combined with the unique SureTraxx™ Deposit Ticket Generator Program and the SureTraxx™ Precise Deposit Advantage Program, NELMAR offers the most effective and secure way to make all of your deposits.

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