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Upaid Names Véronique d’Adhemar Chief Financial Officer
 
  17th July 2002
   
New CFO Brings Extensive Experience in Managing the Financial Operations of World-Class Software Companies
   
  (PARIS – July, 17 2002) – Upaid, a pioneer of real-time software solutions for next-generation pay-as-you-use roaming and mobile payment services to mobile operators, service providers and financial service providers, today announced that Véronique d’Adhemar has been named Chief Financial Officer of the company’s global operations. In this role, Ms. d’Adhemar will be responsible for managing corporate finance, administration, accounting and company fund raising activities. She will also serve as a member of the Upaid Executive Management Team.

Ms. d’Adhemar has extensive experience in managing the financial operations of some of the world’s most successful software companies. Prior to joining Upaid, she was Vice President, Finance and Administration, at iMediation, where she had previously served as Director, European Operations, and as Corporate Controller. Before that, Ms. d’Adhemar led the Finance and Operations for Netscape EMEA. She also served as Europe Finance Controller at Asymetrix, Finance Manager at Knight Ridder, Finance and Administration Manager at Scorpion Communication and Human Resources & Legal Manager at CLM/BBDO.

Commenting on the challenges ahead of her, Ms. d’Adhemar stated: “Convergence in the mobile communications industry is creating a wealth of opportunities not only for wireless service providers but also for companies like Upaid. I am looking forward to working with such a highly qualified, best-of-breed management team to capitalize on these exciting market opportunities.”

Heinz Brasic, CEO of Upaid, commented on Ms. d’Adhemar’s nomination: “We are extremely pleased to have attracted such a highly qualified and capable professional to lead our global financial operations. Véronique’s demonstrated management skills and world-class experience bear witness to her capabilities and serve as a clear confirmation of our vision and technology.”


Contact:

Mary Carol Harris
VP, Corporate Communications
Upaid Systems, Ltd.
Tel.: +33 (0)1 58 36 58 58
Mary Carol Harris
   
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