Philippe Tartavull

Philippe Tartavull

philippe tartavullHypercom provider (NYSE: HYC) announced right the visit of Philippe Tartavull as President, good January 6, 2007. He will are accountable to Hypercom ceo William Keiper. For the past nine a long time Mr. Tartavull offered as chairman of Oberthur Card programs USA, the Americas part from the international wise card leader headquartered in France.

As leader of Hypercom, Mr. Tartavull possess responsibility for income, marketing and advertising, item development and service on a major international schedule. Mr. Keiper will preserve obligation for economic, buyer relationships, organization improvement, legitimate and hr. Mr. Keiper will additionally retain responsibility for solutions direction and product processing and materials.

"Philippe Tartavull keeps a wealth of experience in purchases, advertising and merchandise advancement, strength in technologies, extensive knowledge of the repayments company, and a well-developed worldwide perspective. These are critical to increase the rise of Hypercom’s international revenue and business," stated Mr. Keiper. "Philippe’s levels will use the inspiration constructed during the last 1 . 5 years by all of our new control group. The Hypercom procedures professionals possess structured all of our company, developed excellent fiscal adjustments and contains released a variety of new items, brand-new submission stations, and varied earnings rivers over the aspects of amount devices, transaction marketing and treatments."
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Spin-Off of CNS

The spin-off of CNS is definitely at the mercy of a number of disorders, including closing endorsement of this deal by CTI's panel of owners, filings with, plus the achievement of an evaluation steps by, the Securities and change Commission, the affirmation of CTI investors and last agreement of particular content contracts from the boards of each and every of CTI and CNS.

Upon achievement with the suggested spin-off and ahead of the aftereffect of any transaction that would get rid of the CTI keeping service design, current CTI shareholders would continue steadily to keep their particular collateral in CTI together with own 100% of the collateral of CNS.

About Comverse Engineering, Inc.

CTI, through the wholly-owned subsidiary company CNS, could be the world's leading supplier of system and methods making it possible for converged billing and active customers procedures and value-added sound, chatting and mobile Net services. CNS' considerable client base ranges more than 125 countries and addresses over 450 communication companies helping in excess of two billion online subscribers. CTI also has majority property places in Verint (Nasdaq:VRNT) and privately-held Starhome.