DGAP-Media: PAY.ON AG: PAY.ON Restructures Management

DGAP-Media: PAY.ON AG: PAY.ON Restructures Management

ID: 32623

(firmenpresse) - DGAP-Media: PAY.ON AG / Key word(s): Products/Innovation/
PAY.ON AG: PAY.ON Restructures Management

15.11.2010 / 16:44

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PAY.ON Restructures Management

New management structure to focus on internationalization and strong growth

PAY.ON AG announces new management structure: Markus Rinderer, previously
Chief Technical Officer, is taking over the position of Chief Executive
Officer (CEO) with immediate effect. As Chief Sales Officer (CSO), Robert
Kuzelj concentrates exclusively on sales. Nikolaus Taysen, Chief Operating
Officer (COO), continues to lead business development and secure financing
for PAY.ON. As Chief Information Officer (CIO), Christian Bamberger is
responsible for all IT-related areas of the company.

With this newly restructured management team, PAY.ON intensifies its focus
on further internationalization and growth. The company is already one of
the leading providers of global online payment and risk management
technologies and one of the world's largest processors of payment
transactions on the internet.

'A successful company is able to adjust and react to new challenges
quickly and flexibly. We have now optimized our personnel resources and are
placing greater emphasis on individual strengths. PAY.ON will continue to
grow and expand internationally, since we are now better prepared to
implement our vision: becoming the largest e-commerce payment transaction
processor, with the most prominent network of affiliated merchants and
institutions around the world', states Markus Rinderer, new CEO of PAY.ON
AG.

Robert Kuzelj, newly appointed CSO of PAY.ON AG, adds: 'Our maxim is to
offer our customers the optimal infrastructure and the best consulting
expertise on the market, enabling them to expand their service portfolio




and accelerate their growth. The acquisition of strategic large-scale
projects around the world is an extremely challenging and important task. I
look forward to focusing completely on this business and on advancing the
implementation of our vision.'

About PAY.ON AG

PAY.ON (http://www.payon.com) is an internationally leading provider of
global online payment and risk management technologies and a processor of
payment transactions.
The core products of PAY.ON are PaySourcing(TM) (modular platform for
global payment outsourcing) and PayPipe(TM) (E-gateway for payment
routing), which are supplemented by
the support service of Global Support. Moreover, PAY.ON offers its expert
know-how in the payment field as a consulting service. PAY.ON AG was
founded in Munich in 2004. Some
45 employees work in the head office in Munich and in the branch offices in
Salzburg, Hong Kong and Manila.

Online press area of PAY.ON: http://payon.com/press_releases/

Editorial inquiries and media contact:

Bernhard Lehner

Mobile: +43 664 4398609

Bernhard [at] i5comm.com


End of Media Release


15.11.2010 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: PAY.ON AG
Grillparzerstraße 18
81675 München
Deutschland
Phone: 089 45230-100
Fax: 089 452300-099
E-mail: annett.vandebunt(at)payon.com
Internet: www.payon.com
ISIN: -
WKN: -


End of News DGAP News-Service
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103589 15.11.2010

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Bereitgestellt von Benutzer: EquityStory
Datum: 15.11.2010 - 16:44 Uhr
Sprache: Deutsch
News-ID 32623
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