TSYS Card Tech Appoints New Business Development Manager for Europe and Indian Subcontinent
 
Press Release - from the TSYS Card Tech Press Office, October 22, 2006
 
TSYS Card Tech, an international provider of server-based payment solutions, today announced the appointment of Michalis Michaelides as Business Development Manager for its rapidly growing European and Indian subcontinent business units.
 
As part of TSYS Card Tech’s continuing expansion strategy, Michalis will be responsible for managing the expansion of  TSYS Card Tech’s existing client portfolio, developing new business opportunities and strengthening business alliances in Central and Southern Europe, India and Pakistan.
 
Drawing on his 11 years experience at TSYS Card Tech, Michalis will focus on two of TSYS Card Tech's key markets; aggressively growing its strategic presence in Indian and Pakistan and expanding the company's leading footprint in Central and Southern Europe.
 
Edith Kessler–Charalambous, General Manager Business Expansion, said “The appointment of Michalis as Business Development Manager for Europe and Indian Subcontinent demonstrates our strong commitment to these fast developing markets.  We have no doubt Michalis will be instrumental in furthering our expansion in these territories and maintaining our record of solid business growth.”
 
TSYS Card Tech’s history in the cards and payment industry spans 17 years. Its flagship product, PRIME, is a leading card and merchant management system which is utilised in over 70 countries around the globe.
 
About TSYS Card Tech
 
TSYS Card Tech is an international provider of server-based solutions that meet the payments needs of financial institutions of all sizes throughout the world. For banks competing in global markets, we offer the perfect combination of market-leading functionality, flexibility and capacity.
 
Our core products are developed in house and address all aspects of the card-management business, including card issuance, merchant acquiring, authorisation, message switching, key and PIN management, e-commerce, dispute and fraud management.
 
TSYS Card Tech, formerly know as Card Tech Limited, is a wholly owned TSYS® (NYSE: TSS) subsidiary. Together with TSYS, we serve more than 300 clients in more than 76 countries and support 12 offices around the globe.
 
TSYS Card Tech Contact:
Michalis Michaelides
Business Development Manager, Europe & Indian Subcontinent.
Tel: + 357 22882600
Michalis.Michaelides@ctl.com

Press Contact:
Sara Ruffell
Marketing & Communications
TSYS Card Tech
Tel:+ 44 20 7761 7800
PressOffice@ctl.com
 

Any other information may be obtained from the Press Office

Tel: 0044 (0)20 7761 7800
email: PressOffice@ctl.com