ATLANTA & DUBLIN, Ireland--(BUSINESS WIRE)--Jan. 11, 2006--NOVA
Information Systems (NOVA), a wholly owned subsidiary of U.S. Bancorp
(NYSE:USB), today announced that it has appointed Roger K. Alexander
to the position of chief executive officer of euroConex Technologies
Ltd., NOVA's European affiliate. Alexander will be responsible for
running the company's pan-European merchant acquiring business.
Alexander was most recently chief executive officer of S2 Card
Services Ltd. (formerly known as Switch), the U.K.'s leading domestic
debit card scheme. Prior to joining S2 in October 2002, Alexander
spent 3 years as a partner with payment systems consultancy firm
Edgar, Dunn & Company (EDC) in London. Previously, Alexander spent
over 30 years with Barclays Bank where he held a variety of roles and
was appointed director of Barclaycard and managing director of
Barclays Bank's Emerging Markets Group in 1994.
"We are pleased that Roger has come on board to drive our
aggressive pan-European expansion plans," said Stuart C. Harvey, Jr.,
president of NOVA and chairman of euroConex. "His extensive experience
in the payments space and his strong leadership skills will ensure
that euroConex continues to deliver on the foundation of strong
organic growth and acquisitions that are in place today."
"I'm excited about the opportunity to lead euroConex at such a
vital time in the company's history," said Alexander. "I'm looking
forward to working with the excellent and dedicated employees of the
European team to further develop the business and add value to our
strong partner relationships and our extensive client base."
EuroConex recently announced a definitive agreement to acquire
Citibank(R) Card Acceptance (CCA), a part of Citigroup, Inc. (NYSE:C).
The deal closed successfully at the end of the year. Approximately
100,000 merchant locations in more than 30 countries have joined the
euroConex portfolio. Additionally, euroConex picked up CCA operations
centers based in the United Kingdom, Germany and Belgium. This deal
adds approximately 150 employees to euroConex and raises the company's
total portfolio to more than 200,000 merchant locations.
NOVA Information Systems, a leader in the payment processing
industry is a wholly owned subsidiary of U.S. Bancorp (NYSE:USB).
Combined, NOVA and its affiliates, euroConex and Elan, provide global
merchant processing services to financial institutions and customers
in the United States, Canada, and Europe. NOVA offers integrated
payment processing services to more than 800,000 merchants. For more
information visit www.novainfo.com.
EuroConex Technologies Ltd. is the European affiliate of NOVA
Information Systems and a wholly owned subsidiary of U.S. Bancorp. The
company provides integrated payment processing services to financial
institutions and merchants in more than 30 European countries using a
multi-currency platform. In addition to point of sale, international
point of sale and e-commerce solutions, euroConex also provides a
range of specialist multi-currency products including Dynamic Currency
Conversion (DCC). For more information visit www.euroconex.com.
CONTACT: NOVA Information Systems
Michelle Graff, 678-731-5064
SOURCE: NOVA Information Systems