Wednesday October 31st, 2001

Welcome to Upaid Systems, the providers of Upaid - the billing and payment settlement processing software for today's world of converging communications technologies.

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Upaid Names Johann Hemetsberger Senior Vice President of Global Product Operations

October 18, 2001 - Johann 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.

Upaid Appoints Ilan Levi Regional General Manager for Western Europe & Africa

October 15, 2001 - Ilan Levi will be responsible for defining, structuring, implementing and managing Upaidís sales strategy & business processes in Western Europe and Africa.

Heinz Brasic Named CEO of Upaid

October 11, 2001 - Heinz Brasic's primary focus at Upaid will be to establish the companyís global operations and implementations strategy and to build industry alliances by leveraging Upaidís technology patents.