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Layered Tech’s Steve Chu to Judge Electronic Transactions Association’s “Innovator of the Year”

April 1, 2014

Kansas City, MO – Layered Tech executive Steve Chu has been invited to judge the annual E-Pay Innovation Award at the Electronic Transactions Association’s (ETA) Transact 14 conference and expo in Las Vegas.

The competition, held at the association’s tradeshow April 8 – 10, awards a $50,000 prize to the conference exhibitor with the most innovative electronic payment technology or product that can be used to expand digital financial services in underserved communities around the world. The prize is sponsored by the Bill and Melinda Gates Foundation.

Chu, a regional sales manager for the compliance-focused, secured cloud and hosting company, has been a regular attendee and judge at ETA events in the past, which promote digital transaction technologies and identify innovative startups that aim to change the financial transaction system. Chu and his fellow judges have narrowed the field down to six potential companies which will be announced prior to the event.

“It’s a tremendous honor to once again serve as a judge for this program,” Chu said. “As a judge, you get to see some incredible technologies, but through the partnership with the Bill and Melinda Gates Foundation, we know that we are having an economic impact in the parts of the world that need it most.”

In addition to judging the technology competition, Chu helped assemble content for a Bitcoin panel discussion addressing the cryptocurrency’s potential threats and opportunities to the payment industry. The panel will include Coalfire CEO Rick Dakin and will be moderated by Jonathan Shieber, senior editor.

The event will be held at the Mandalay Bay, and portions of the conference will be broadcast live from CNBC. Layered Tech will exhibit at booth #928. Conference attendees can stop by to learn how the company helps electronic payment innovators by providing them a ready-made infrastructure and a set of management services upon which providers can run secure, PCI compliant, and highly scalable e-payment systems and services.

About Layered Tech

Layered Technologies (Layered Tech), a leading global provider of compliant and secure cloud and hosting services, supporting mission-critical e-business applications, offers PCI-, HIPAA- and FISMA-compliant hosting solutions, managed dedicated hosting and cloud computing services, including Compliance Guaranteed, which ensures that all Layered Tech compliance services are guaranteed to pass 100 percent of every IT audit or assessment. By providing high-quality technology, infrastructure and support, Layered Tech enables clients to eliminate capital expenses and save on operating costs so they can focus on core initiatives. Layered Tech’s scalable infrastructure powers millions of sites and Internet-enabled applications, including e-commerce and SaaS. Clients include federal, state and local government agencies; large enterprises with advanced data security, compliance and uptime requirements; and leading-edge Web 2.0 startups. For more information, visit

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