News release

Date: 7th January 2008

Alaric International appoints Ron Hill to drive growth in Australia and New Zealand markets

Payment industry expert joins leading card payments technology provider to head activities in key ANZ region


London, England – January 7, 2008 - Alaric International, a leading supplier of advanced technology solutions for the card payments industry, today announced that it has appointed payments industry expert Ron Hill to drive the company's growth activities in the Australia and New Zealand markets.

Ron Hill joins Alaric as Australia and New Zealand (ANZ) Regional Manager and will spearhead all Alaric’s activities in the region. Ron has a 20 year pedigree in the payments industry and is a familiar name in the Australian payments arena. Most recently Ron Hill held CIO and CTO positions with Customers Limited and Cashcard Australia, both based in Sydney.

“Australia and New Zealand is a key market for Alaric’s expanding presence in Asia Pacific,” says Peter Parke, Alaric’s Asia Pacific Director. “The overwhelming majority of institutions are still reliant on first generation platforms and the need to move to more flexible open systems is becoming pressing. Ron is highly regarded in Australia and comes to Alaric with a comprehensive market knowledge and payments background. Ron will be a key figure in enabling a transition to a second generation of payments systems and continuing to build our momentum in this region.”

“Alaric is fostering a worldwide reputation for progressive, best-in-class solutions that deliver control and flexibility for critical systems, and competitive edge to customers. I am excited to be joining a team of such high calibre, and I look forward to accelerating Alaric’s expansion and serving the growing customer demand across these important territorities,” comments Ron Hill.

Alaric currently has operations in Europe, Australia and the US and has plans to expand its global distribution network in major markets with further office openings this year.
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About Alaric
Headquartered in London, Alaric is a leading supplier of advanced technology solutions for the card payments industry. Alaric offers java based solutions for card payments authorization and switching, fraud detection and prevention, risk management and payment systems integration. Alaric’s customers include First Data International, Euronet Worldwide, Swisscard, Cornèr Banca and Yorkshire Building Society. Alaric's product set was launched in 2001. Being written in Java, the solutions are fully portable while scalable to meet the needs of the smallest through the largest institution. Alaric's success is a result of its dedicated focus on the payments industry together with a clear recognition of the need to collaborate with partners.
For further information, please visit us at www.alaric.com

Press contact:
Nicky Davis
EvokedSet PR for Alaric International
Tel: +44 7747 017654
Email: alaric@evokedset.com

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