NEW YORK--(BUSINESS WIRE)--Effective July 25, 2011 Bendigo Partners LLC (“Bendigo”) terminated its Consulting Agreement, dated as of December 7, 2010, with Global Pari-Mutuel Services, Inc. (Other OTC: GPRM.PK) (the “Company”).
Also effective July 25, 2011 Jarrett Lilien and Richard Taylor resigned as directors of the Company and Jarrett Lilien, Richard Taylor, Leslie Whiteford and Stephen Ferrando resigned as Chief Executive Officer, Chief Operating Officer, Chief Financial Officer and Chief Information Officer, respectively, of the Company. Messrs. Lilien, Taylor, Whiteford and Ferrando are principals in Bendigo.
About Bendigo Partners, LLC
Bendigo Partners (www.bendigopartners.com), a private investment firm, focuses on opportunities in global, technology-driven financial services. It supports product expansion, global expansion, acquisition, or technology and operational efficiencies with both capital and expertise. The company participates in all stages of investing and brings operational expertise to technology, operations, marketing, sales, service, compliance, audit and finance functional areas.
The Bendigo team is comprised of highly experienced financial services executives who have built and run businesses all over the world. Partners based in the United States, the United Kingdom, Hong Kong, and Japan provide hands-on management expertise to financial services companies, primarily brokers, banks, and private equity firms.