News from the Wire

Pay By Touch names Jeff Amann Chief Admin Officer & Interim CFO

Monday, February 05, 2007 — 17:48:39 (EST)

San Francisco, Calif., Feb. 5, 2007 - Pay By Touch, the leader in biometric authentication, personalized marketing and payment solutions, today announced it has appointed Jeff Amann to be its Chief Administrative Officer and Interim Chief Financial Officer. In this new role, Mr. Amann reports to John Rogers, Pay By Touch’s Founder, Chairman and CEO, and oversees the company’s Finance, Legal, Human Resources, and Corporate Development departments.%%N%%NMr. Amann joins Pay By Touch from Siebel Systems Inc. (now part of Oracle Corporation), which he joined in 1996 and helped build into an industry leader with more than $1.4 billion in revenue. Mr. Amann oversaw Siebel’s worldwide legal affairs as General Counsel and a member of the company’s executive management committee. %%N%%NIn his role as General Counsel, Mr. Amann helped guide Siebel through its initial and secondary public offerings, and successfully closed more than 20 acquisitions on behalf of the company – including its $5.8 billion sale to Oracle Corporation in 2006. Mr. Amann helped Siebel expand its operations to approximately 5,000 employees in more than 30 countries worldwide, and also helped Siebel to build one of the largest patent portfolios in its industry.%%N%%N“We are extremely honored to welcome Jeff to Pay By Touch. He is a world-class executive with remarkable operating experience and a proven leader in the technology industry,” said John Rogers, Founder, Chairman and CEO, Pay By Touch. “We look forward to working with him across all corporate functions to bring best practices to the company as we continue to gain momentum.”%%N%%N“I am extremely pleased to be joining Pay By Touch as we approach an inflection point in the mainstream adoption of biometrics in everyday life,” said Jeff Amann, CAO and Interim CFO, Pay By Touch. “I look forward to working with John Rogers and the team to deliver the next generation of innovative services centered on identity management, rewards and recognition. I am eager to help the company achieve these powerful goals.”%%N%%NAbout Pay By Touch%%N%%NPay By Touch (www.paybytouch.com) is wowing the world one touch at a time as the global leader in biometric authentication, personalized marketing and payment solutions. To date, patented Pay By Touch™ biometric services enable 3.5 million shoppers to quickly and securely access personal accounts using a finger scan to identify themselves, make purchases and cash checks at 3,000 locations nationwide. The company also provides robust payment processing solutions for ACH (electronic checking), card-present and card-not-present debit and credit transactions for retail clients. Founded in 2002 and headquartered in San Francisco, Pay By Touch employs 800 professionals and holds more than 60 patents worldwide on secure, convenient and cost-effective transaction solutions.%%N%%NSource: Company press release

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Source: Company press release.