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Card Commerce Makes Senior Board Appointment.

Ken Slattery appointed as Non-Executive Director.

March 05 2007

Card Commerce is pleased to announce that Ken Slattery is to join it's board of Directors as Non-Executive Director

With 40 years experience in Bank of Ireland Group, Ken is now bringing his experience in the payments industry to bear in Card Commerce.  When he retired in 2007, Ken had held a number of key executive positions, most recently as Head of Payments & Electronic Services.  In this role he was responsible for the delivery of payments and electronic banking services across the Group.  In addition, he previously held key executive positions including Director of Operations and Director of Strategic Marketing in BoI Corporate; and Head of Credit Card Services.

Formerly, Ken was also a Director of the European Banking Association and of IPSO, the Irish Payments Services Organisation.

Dave Hunter, Managing Director of Card Commerce said, “We are delighted to welcome to the Board someone of Ken’s calibre at a time when the market for prepaid debit card based products is experiencing explosive growth.  His experience, not only in the Irish and UK payments sectors but in the business arena in general, will be an invaluable asset to Card Commerce as we move forward in this emerging market”

Speaking about his appointment Mr Slattery commented, “Card Commerce is led by a team of committed, passionate and experienced individuals with whom I am excited to be working.  The whole area of prepaid debit is one in which there is significant opportunity and I am looking forward to working with the team to take advantage of it”.

Notes to Editor

Card Commerce is a leading provider of solutions and services that allow retailers to harness the benefits of gift card and other types of prepaid debit card. Founded in 2004, Card Commerce is a privately owned company based in Dublin, Ireland. For further information, please visit www.card-commerce.com.

For further information please contact:

Eoin Whyte
Business Development Director
ewhyte@card-commerce.com

0870 735 2829 (UK)
01 619 0040 (ROI)

Karen McConville
Marketing Executive
kmcconville@card-commerce.com

0870 735 2829 (UK)
01 619 0040 (ROI)