Clear2Pay expands team and presence in EMEA

Brussels, 7 December 2005 – Clear2Pay, the international technology provider of next generation payment solutions for financial institutions and corporates, today announced that it is expanding its EMEA sales force.

Marc Terry joins Clear2Pay as Managing Director & VP EMEA. Based in London (UK), he will focus on expanding Clear2Pay’s presence in the region and manage sales and operations throughout Europe, Middle East and Africa. Marc Terry recently worked for ACI Worldwide, spanning a 17-year career encompassing various international roles, ranging from general management to sales and marketing.

The UK team will be further strengthened by Tina Perasole, who joins Clear2Pay from I-Flex Solutions. In Germany Joachim Golf will be operating out of Düsseldorf. Joachim has spent over 20 years in IT and finance, working most recently for Broadvision, KPMG and Ariba respectively. Both will report to Marc Terry and market the full Clear2Pay’s solutions range, including Bank Payment Hub, Corporate Payment Hub and all Card related products and Remittance services.

Michel Akkermans , Clear2Pay’s Chairman and CEO, said: “Clear2Pay has experienced exponential growth over the past year due to organic growth and acquisitions. We are now focussing on not just expanding our reach, but mainly on intensifying our focus in regions with a large potential for our products and services. Serving our international clients with local knowledge and resources is key, and we are therefore delighted that we have been able to expand our team with these highly skilled professionals with a proven track record and a passion for our industry.”

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About Clear2Pay

Clear2Pay is an innovative e-finance company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, the company's focus is to facilitate banks and financial organizations in their provision of electronic payments services. Clear2Pay's technology helps to reduce transactions processing costs, and to deliver new, compelling e-payment services in a competitive way. Clear2Pay's payment solutions offer organisations easy, branded ways for their customers to pay online: from complex trade-supporting business-to-business environments, through e-commerce applications, to retail payments and micro payments. Functions embrace payments origination, reporting, linkage with back-office processing systems, clearing, netting and settlement. Clients include global and major regional financial institutions such as ING, SEB Kort, VISA, MasterCard, ABN AMRO, Nordea, Abbey National, Fortis Bank, ANZ and Commonwealth Bank. Clear2Pay operates out of Belgium, the Netherlands, Germany, Poland, Spain, United Kingdom, United States, Australia and Singapore and currently employs 200 staff.
More information is available on www.clear2pay.com

For more information:

Clear2Pay NV/SA
Conny Dorrestijn - VP Marketing and Communications
E:
M: +31 651 067201