Clear2Pay appoints Chief of Operations

Jean de Crane (44) joins executive management team

Brussels, 13 March 2008 – Clear2Pay, the international technology provider of next generation payment solutions for financial institutions and corporates, today announced the appointment of Jean de Crane as Chief of Operations of Clear2Pay NV.

Jean de Crane recently joined Clear2Pay and will work for the global operation from its head office in Mechelen (B). He will focus on achieving operational excellence across all business processes from development to implementation and professional services. De Crane recently worked as Chief Executive Officer for Captor NV and prior to that in international management and business development roles for Financial Architects and FICS.

Jean de Crane states: “I am absolutely delighted to work in a sector I know and like: technology for the international financial services industry. Its vision and strong international management have attracted me to contribute to the growth of Clear2Pay. The drive and professionalism of the team are key components required to turn my role into a tangible contribution for our company. Consolidating and integrating (recent) acquisitions, further organising operations of the company as well as delivering excellent and consistent quality in the implementation of large international client projects are my primary focus for the years to come.”

Michel Akkermans, Clear2Pay’s Chairman and CEO, adds: “Clear2Pay has experienced exponential growth over the past year, both organically and in terms of acquisitions. The time had definitely come for a Chief of Operations and Jean de Crane has the background and the attitude to help us achieve our goals of operational excellence and profitability whilst working with our 400+ professionals around the world. Just recently we were awarded the Gold Seal of e-Excellence by the European Multi-media Forum (1) for our innovative marketing strategy and delivery. I am very proud of our team and hope that with Jean’s appointment we will extend this to ‘gold levels’ on Operational Excellence as a whole. We wish him every success in this new role.”

(1) On the 4th of March 2008, the European Multi-media Forum (EMF) and its national and regional partners awarded the European Seal of e-Excellence to ICT-companies with an excellent track record in innovation marketing. The seals were awarded in a ceremony at CeBIT in Hannover, Europe’s largest ICT Fair. Clear2Pay was awarded in the Gold category. More information on www.e-multimedia.org.

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About Clear2Pay
Clear2Pay is an innovative financial technology company focused on delivering globally applicable solutions for secure, timely electronic payments. Headquartered in Brussels, Belgium, the company facilitates banks and financial organisations in their provision of payments services. Clear2Pay's technology helps to reduce transactions processing costs, and to deliver new, compelling 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 remittance services. 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, France, the Netherlands, Poland, Spain, United Kingdom, United States, Australia, China, Malaysia and Singapore and currently employs 400 staff.
More information is available on www.clear2pay.com

For more information:

Clear2Pay NV/SA
Conny Dorrestijn - VP Marketing and Communications
E:
P: +31 651 06 72 01