Tellermate Appoints Director of Retail for Europe

Tellermate Appoints Director of Retail for Europe Cardiff UK, 1 July 2003 - Tellermate Group, a leading provider of cash management systems for the retail and financial industries, has appointed Richard Elmes to the newly created role of Director Retail - Europe. In this new role, Richard will front the launch of Tellermate's latest innovative solution for the European retail sector. Richard brings over 20 years of European IT Sales and Marketing experience to Tellermate and is practised in delivering integrated management solutions and developing strong business partner managed strategies and programmes. Commenting on Richard's appointment, Tim Cooper, Tellermate Group Managing Director, states "Europe is one of Tellermate's principal markets. Richard's appointment marks our continued investment in Europe to provide retailers with the solutions to gain tighter control over their cash assets and operations. Anticipating the shift in demand from traditional cash management systems, Tellermate is driving total retail cash accountability to the next level." Richard agrees, "The next eighteen months to two years will be a very buoyant and progressive time for Tellermate. Building on a solid customer base in the UK and in Europe, we are poised to become a major player in the European retail market. I look forward to being part of Tellermate's continued success." Prior to joining Tellermate, Richard served as EMEA Marketing Manager for NSB Retail Solutions focusing on their EPOS, CRM and Sales Analytics solutions. Prior to NSB, Richard held sales and marketing positions with IBM Retail UK and was specifically responsible for the autumn 2000 European launch of the IBM SurePOS 500 touchscreen EPOS system. An MA graduate of French and Linguistics from Christ's College, University of Cambridge, Richard will be based in Tellermate's Paris office. About Tellermate Group Tellermate Group, a leading provider of cash management systems for the retail and financial industries, has more than 165,000 systems in use in over 30 countries. Tellermate systems increase the profits of cash intensive businesses by verifying the correctness of cash transactions, deterring fraud and creating management information and opportunity. Banking, retail and food service customers include Barclays, HSBC, Boots, Safeway, McDonald's and Burger King. A proud, four-time recipient of the Queen's Awards for International Trade and Technology, Tellermate Group is headquartered in Cardiff, UK and has regional HQ offices in Atlanta, Paris, Tokyo and Johannesburg. For more information, visit www.tellermate.com or call +44 (0) 8707 87 70 77. ### For further information, please contact: Rebecca Childs Group Marketing Director Tellermate Group Melrose Hall, St Mellons Cardiff, CF3 0YZ Tel. +44(0) 8707 87 70 77 Direct. +44 (0) 2920 53 43 71 Mobile. +44 (0) 79 77 57 34 16 Email. rebecca.childs@tellermate.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/07/01/20030701BIT00220/wkr0001.doc http://www.waymaker.net/bitonline/2003/07/01/20030701BIT00220/wkr0002.pdf