DUBLIN, Ireland and DALLAS, June 02, 2004 (PRIMEZONE) -- Trintech (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction management and payment infrastructure solutions, today announced the appointment of Dr. Jim Mountjoy as a Non-Executive Director to the Trintech Board.
Dr. Mountjoy joins the Trintech Board bringing 30 years of business and commercial experience in the IT industry. In 1990, he co-founded Euristix Limited, a software development company which specialized in telecommunications signaling systems solutions development. In February 1999, Euristix was acquired by Fore Systems Inc. which was subsequently acquired in April 1999 by GEC, a UK based telecommunications equipment vendor which then changed its name to Marconi.
Dr. Mountjoy currently acts as Non-executive Director in a number of companies in the technology sector; he is a Director of the Science Foundation of Ireland, Chairman of ICT Ireland R&D Advisory Committee and an Advisory Board member of a number of Irish based Venture Capital companies.
"Trintech is very fortunate to have Jim, a highly experienced and well respected IT executive, join our Board of Directors," said Cyril McGuire, Chairman and CEO of Trintech. "Jim's track record in successfully building and managing growth in a global environment will be invaluable at board level as Trintech builds on the foundations for sustained profitability in its key markets."
Commenting on his appointment to the Trintech Board of Directors, Dr. Mountjoy said, "Trintech has successfully navigated the technology sector business cycles and is now well positioned for profitable growth. I look forward to contributing to this next exciting phase."
About Trintech
Trintech is a leading provider of transaction management and payment infrastructure solutions to financial institutions, payment processors, enterprise retailers and network operators globally. Built on 17 years of experience, Trintech's solutions manage each area of the payment transaction cycle from authentication, authorization, settlement, dispute resolution and reconciliation -- enabling its customers to reduce transaction costs, eliminate fraud, minimize risk, maximize cashflow and increase profitability. Trintech can be contacted in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: +353 1 2074000), in the US at 15851 Dallas Parkway, Suite 855, Addison, TX 75001 (Tel: +1 972 701 9802), and in the UK at 186-192 Darkes Lane, Potters Bar, Hertfordshire, EN6 1AF (Tel: +44 (0) 1707 827000). www.trintech.com.