NEW YORK, March 7, 2005 (PRIMEZONE) -- Acies Corporation (OTCBB:ACIE), an emerging leader in payment processing and electronic banking services to small and medium size merchants across the United States, announced today the appointment of Marc Beauchamp as Director of Business Development. Beauchamp is a nationally known author, columnist and consultant to the merchant services and transaction processing industry.
"I'm extremely excited about the opportunity to help a strong and growing company like Acies take its business to the next level," said Beauchamp, who is co-author of the merchant services industry guidebook "How To Survive and Thrive in the Merchant Services Industry."
Beauchamp also writes a monthly column for Transaction World Magazine (www.transactionworld.net), and publishes a monthly newsletter targeting the transaction processing industry. Beauchamp has more than 17 years' experience in sales, training and marketing in various roles. In addition to merchant services, he has sold payroll systems, human resource management solutions, contact management software and an array of financial and insurance products.
Having hired and trained several thousand merchant services professionals, at one point in his career Beauchamp managed a full time outside sales force of 80 representatives, an inside sales force of 25, and an office staff of 8, with national offices in most major cities in the United States.
In the last three years, he has provided consulting and training for more than 2,000 bankcard sales representatives. As a speaker and participant in numerous national sales conventions and events for some of the largest bankcard processors in the country, Beauchamp is uniquely aware of the challenges facing field sales representatives, sales managers, issuers, acquirers and ISOs.
He also is the founder of Performance Training Systems, a company dedicated to providing cutting edge tools, education and consulting services to give customers a true competitive advantage in the merchant services industry.
"Our ability to recruit Marc Beauchamp to join our growing management team is a huge win for Acies Corporation and its promising future," said Acies President & CEO Oleg Firer. "Marc's reputation precedes him, and we are so fortunate that he brings to his new responsibilities the skill to greatly empower both our existing sales force as well as our current and potential merchant customers. Marc's ability to have succeeded at so many merchant and transactional levels will provide our company and our customers a blueprint for future success."
About Acies Corporation
Acies, Inc. ("Acies"), a wholly owned subsidiary of Acies Corporation, is a financial services company that specializes in payment processing services and online banking services to small, medium, and large-size merchants across the United States. Acies' payment processing services enable merchants to process Credit, Debit, Electronic Benefit Transfer (EBT), Check Conversion, and Gift & Loyalty transactions. Acies also offers traditional and next-generation point-of-sale (POS) terminals, which enable merchants to utilize Acies' payment processing services. Acies' banking services offer customers traditional banking services, ability for customers to apply for an on-line bank account and pay bills electronically.
For more information, visit http://www.aciesinc.com .
Forward-looking Statements
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