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SIX Group

New leadership for Telekurs Multipay

Zurich (ots)

Effective immediately, Ruedi Denier has been named
as the new Chief Executive Officer of Telekurs Multipay Ltd. and as
Member of the Executive Committee of the Telekurs Group. Dôn
Nguyen-Quang, Head of Corporate Services, has been promoted to Member
of the Executive Committee of Telekurs Multipay.
Dr. Jacques Bischoff, CEO of Telekurs Multipay Ltd. for many
years, has decided to pursue new goals outside the Telekurs Group.
Consequently, he is leaving the Telekurs Group immediately according
to mutual agreement. With the selection of Ruedi Denier, the Telekurs
Group has managed to name a proven expert and successful businessman
in the field of cashless payment transfers as a successor.
As of 21 July 2003, the Executive Committee of Telekurs Multipay
Ltd. will be comprised as follows: Ruedi Denier, CEO, and Dôn
Nguyen-Quang.
The Executive Committee of the Telekurs Group will be comprised as
follows:
Walter    Wirz          CEO Telekurs Group
Felix     Aeschlimann   CEO Telekurs Card Solutions
André     Bamat         CEO Swiss Interbank Clearing
Ruedi     Denier        CEO Telekurs Multipay
Rolf      Finschi       CEO Telekurs Services
Eugen     Niesper       CEO Telekurs Financial
Additional information about Telekurs Multipay
(www.telekurs-multipay.com)
Telekurs Multipay Ltd. (formerly Telekurs Europay Ltd.) is the
Swiss leader in the acquiring business, which is the acceptance of
cards at the point of sales. Its core business is the handling of
cashless payments transacted with debit cards, credit cards or value
cards. Towards this end, it concludes acceptance contracts with its
customers to regulate central services such as authorization,
collections, crediting and payment guarantees. Since the acquisition
of the VISA acquiring business from the UBS Card Center at the end of
May (see Press Release 04/03), Telekurs Multipay now also offers
contracts for the acceptance of VISA cards at the point of sales.
CVs and photos of Ruedi Denier and Dôn Nguyen-Quang can be ordered
by sending an e-mail to:  Leta.Filli@telekurs.com

Contact:

Leta Filli
Assistant spokesperson
Hardturmstrasse 201
Case postale
8021 Zurich
Tél. +41/1/279'22'24
Fax +41/1/279'23'36
E-Mail: Leta.Filli@telekurs.com
Internet: http://www.telekurs.com