News zu FIRST ECOM - 500 Beiträge pro Seite

[citytrader]

Friday February 25, 7:31 am Eastern Time
Company Press Release
First Ecom.com Makes Board Appointment, Further Strengthens Senior Management Team
HONG KONG--(BUSINESS WIRE)--Feb. 25, 2000--First Ecom.com (OTCBB:FECC - news), a global leader in Internet payment processing services, today announced new board and senior management appointments.

Ian Robinson, formerly a senior partner in the Hong Kong office of international accounting firm of Ernst & Young, joins the board as head of its Audit Committee. Robinson is a member of the Hong Kong Housing Society and chairman of its Audit Committee. He also serves on the boards of several of Kerry Packer`s Consolidated Press Group companies.

``First Ecom.com is already fortunate to have some very capable outside directors, and we are delighted to have Ian Robinson join us,`` said Gregory Pek, president and chief executive officer. ``Our company is moving rapidly from start-up to a fully operating business, and Ian will play a crucial role as head of the board`s Audit Committee, which has been established as part of the process of applying to be traded as a NASDAQ national market system company.``

With the appointment of Robinson, Cody Cain steps down from the board to work with the company in a full-time executive capacity. Cain joined the board when he was a partner of US Web/CKS, and now becomes vice president, Investor Relations. ``Cody has given the board tremendous support from day one, and we are very happy to be able to bring him over as one of the management team,`` said Pek.

Also announced was the appointment of John Brewer as chief financial officer. Brewer, 43, joined First Ecom.com in September 1999 as corporate secretary, and is responsible for the company`s corporate and securities filings. Brewer is a long-term Hong Kong resident, and was previously corporate secretary of a London-listed company headquartered there.

The company further announced changes among its country managers and reported the departure of Choong-wan Lee, country manager, Korea, and the appointment of Chris Yau as country manager, Taiwan. Yau will join First Ecom.com on March 1, bringing 15 years of experience in network systems with companies such as NEC, MITAC and, for the past seven years, with MasterCard.

``Our marketing efforts have been particularly successful in Taiwan,`` said Pek, ``and we have looked very carefully for the right person to represent our initiatives there. Chris has the background we have been seeking, and he joins us at a very important time.``

About First Ecom.com

As a global leader in Internet transaction processing, First Ecom.com provides secure, easy-to-implement and low-cost online payment processing services to merchants and banks worldwide. Through strategic partnerships with banks, ISPs, E-commerce system integrators and storefront solution providers, First Ecom will process credit card transactions made over the Internet in multiple currencies, either domestically or offshore in a tax-neutral jurisdiction.

For more information, visit http://www.firstecom.com or contact First Ecom.com at [phone] or by e-mail at [e-mail].


--------------------------------------------------------------------------------
Contact:

Davis.Comm, Inc. (for First Ecom.com)
Jeff Davis or Kevin Manniko, 415/837-3939
[e-mail]
[e-mail]

[molto]

Super ergänzung zum Vorstand denke das die Aktie richtig abgeht