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Upaid Names Johann Hemetsberger Senior Vice President of Global Product Operations
 
  18th October 2001
   
Upaid Systems, a leading provider of software technology for payment, transfer and settlement processing solutions to mobile operators, service providers and financial institutions, announces the addition of Johann Hemetsberger to the companyís executive management team. As Senior Vice President, Global Product Operations, Mr. Hemetsberger will manage Upaidís technology centers in India and Brazil and will be responsible for the overall software application engineering, product creation and development of Upaidís platform and solutions.

Mr. Hemetsberger brings extensive experience in process engineering and quality management of research and development for real-time software, audio & transportation electronics and communications & measurement instruments to Upaid. He joins the company from Telekom Austria where he served as Corporate Vice President, Business Re-engineering. Before that, Mr. Hemetsberger served as Contracting Manager, Europe, at Nokia Telecommunications. Prior to Nokia, he held positions as Research & Development Manager for Audio Systems at Philips Electronics, for Transportation Systems at Asea Brown Boveri and for Test & Measurement Instruments at ABB Goerz in Austria.

About Upaid

Upaid is a leading-edge communications software pioneer providing state-of-the-art payment, transfer and settlement solutions for advanced roaming and financial transaction processing.

Upaid enables wireless communications carriers, mobile Internet operators and financial & application service providers to offer innovative solutions to end-users for preauthorized communications services such as prepaid voice and data, prepaid roaming, mail and messaging, m-commerce, m-banking, person-to-person cash transfer and micro-payments. Upaidís turn-key solutions are 2G/2.5G-based, engineered for 3G evolution and give mobile consumers more choice and better value for money.

The company has operations in Europe, India, the Americas and Asia. Upaidô is a trademark of Upaid Systems, Ltd. For more information, visit www.upaid.net.
   
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