26th Sep 2005 07:01
NETeller PLC26 September 2005 Press release Monday, 26 September 2005 NETELLER PLC SIGNS UP ITS 2,000,000th CUSTOMER NETELLER Plc ('NETELLER' or the 'Company'), a leading online money transferservice provider, today announces that it officially signed up its 2,000,000thcustomer on 22 September 2005 at 7.03pm BST. Gord Herman, Chief Executive Officer, commented "We have achieved thissignificant milestone within approximately a year of signing our millionthcustomer. With over 1,700 online merchants serving our 2 million customers inover 150 countries, NETELLER is making steady progress towards its goal ofbecoming the dominant global online money transfer service." The Company also announces that Dale Johnson, Director and Executive VicePresident, will be assuming the role of President - Asia Region on an interimbasis to support and expand the work which Benjamin Lee, Vice President &General Manager, has commenced in Asia. Dale's appointment, together with Ben'scontinuing involvement and additional appointments to the team in Asia, reflectsthe high priority accorded to the Company's Asian strategy. While progress isbeing made, NETELLER is seeking to accelerate the pace of its Asian programme inorder to meet its key strategic objectives for this region. Historically Dale has been the primary contact for many investors when they seekdirect discussion with the executive team and this investor relations role willnow be assumed by Andrew Gilchrist, Vice President - Communications. Enquiries: NETELLER Plc 01624 698 702Gord Herman, CEODale Johnson, Executive Vice PresidentEric Hughes, Chief Financial Officer Andrew Gilchrist, Vice President - Communications 0870 735 1480 Citigate Dewe Rogerson 0207 638 9571Sarah Gestetner/Seb Hoyle/George Cazenove Notes to Editors The NETELLER Group The NETELLER Group operates an online money transfer service that utilises andextends the existing international banking structure to provide a secure meansof transferring funds worldwide. A NETELLER account acts as a virtual walletthat enables customers (individuals who open NETELLER accounts) to load,withdraw and transfer funds by purchasing e-money. E-money can be instantlytransferred to or from any merchant (or internet site) that supports NETELLER'sonline payments system for goods and services. Additionally, funds can betransferred between individual customers in peer-to-peer exchanges. NETELLERhas over 2 million customers and approximately 1,700 supporting merchants,making the Company a leader in online payment services. NETELLER UK Limited isauthorized by the Financial Services Authority (FSA) to operate as a regulatede-money issuer. Further information may be obtained from NETELLER's website atwww.neteller.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Paysafe Group