NETLAB SYSTEMS, LLC
NORTH MIAMI BEACH, FL

NETLAB SYSTEMS, LLC is a subsidiary of TOT Group operating under the parent company Net Element. Founded on October 18, 2010, and headquartered in North Miami Beach, Florida, Netlab Systems specializes in advanced technology solutions to power global commerce, emphasizing the seamless integration of merchant services within their portfolio. The leadership team at Netlab Systems is spearheaded by individuals with a strong track record of growth and industry expertise. Vlad Sadovskiy serves as President of Merchant Services at TOT Payments, which falls under TOT Group Incorporated. In this role, he holds direct responsibility for the merchant services business operations including P&L management, sales development, partner implementation, integration, and client management. Prior to his current position, Mr. Sadovskiy demonstrated exceptional growth as CEO of Merchant Processing Services Corp from a startup to a rapidly expanding company ranked 29th in the Inc. 500 list for fastest-growing private companies. The company also benefits from strategic leadership provided by Mr. New, Chief Financial Officer since October 2, 2012, with comprehensive experience from roles at various sectors including technology and finance during his tenure prior to Netlab Systems. Additionally, Steven Wolberg as the Chief Legal Officer, Secretary brings a wealth of legal expertise having operated in diverse capacities ranging from strategy consulting to corporate development. Under the technical oversight of Mr. Krotov, the Chief Technology Officer appointed on March 1, 2014, Netlab Systems ensures its technological services and products continue innovating in software development with a portfolio rich in proprietary intellectual property. This leadership framework drives Netlab Systems' mission as it continues to innovate commerce integration solutions within TOT Group's extensive network. NETLAB SYSTEMS, LLC maintains operational transparency and commitment to growth evidenced by its active status confirmed through reinstatement on October 7, 2015, with a current annual report submitted in January 2024. The office is located at 3363 N.E. 163rd Street, Suite 606, North Miami Beach, FL, reachable via phone numbers (305) 507-8808 and (786) 272-0696. The company's corporate governance structure includes roles such as TOT GROUP, INC., and Vlad Sadovskiy as integral managerial figures. For further insights and updates, Netlab Systems maintains its online presence at netlabsystems.com.