TSYS Prepaid Names Payments Veteran as COO
Holman focuses on system quality, availability and client service
Columbus, GA, October 11, 2005 - Cal Holman, a 20-year veteran of payment services for issuing and acquiring banks, has been named chief operating officer of TSYS Prepaid, Inc., effective immediately.
"From our clients' perspective, it's exciting to have someone of Cal's caliber and experience to serve TSYS in this crucial role," says M. Troy Woods, president and chief operating officer of TSYS. "Cal's record demonstrates a strong record of dynamic leadership and intimate knowledge of payments technologies for issuers and acquirers. It's an honor to announce his return to the TSYS family."
As COO, Mr. Holman's direct oversight of TSYS Prepaid will include management responsibility for customer service, information technology, product development, operations, human resources, finance and legal. Mr. Holman will report to Clifford B. Mason, group executive for integrated payments at TSYS.
Mr. Holman has worked more than 17 years in a range of technical leadership positions with TSYS and Vital Processing Services (previously a joint venture between TSYS and Visa U.S.A., Vital is now a wholly owned TSYS subsidiary). Mr. Holman was a critical player in TSYS milestones such as Bank of America's initial conversion to the TS2 payments engine and the implementation for AT&T Universal Card Services. At Vital, he significantly improved measures of operational quality and merged multiple legacy systems into a web-based delivery platform, among other achievements.
Before returning to TSYS this year, Mr. Holman also worked for Paymentech, the Tampa, Fla.-based developer of merchant-acquiring technologies, and for Salis, Inc., an Atlanta-based third-party processor of corporate sales and use tax.
Mr. Holman earned his bachelor's degree from the United States Military Academy in West Point, N.Y., and served in the U.S. Army for more than five years before he was honorably discharged as a captain. Mr. Holman earned his master's degree in business administration from Columbus State University in Columbus, Ga.
About TSYS Prepaid
TSYS Prepaid, a wholly owned subsidiary of TSYS, is a leading provider of prepaid card solutions that utilize the Visa®, MasterCard®, EFT and ATM networks. These solutions are powered by a flexible proprietary processing platform specifically designed for the prepaid market.
TSYS Prepaid's solutions have been utilized by Fortune 500 companies, small- and medium-size enterprises, and leading financial institutions, and have proven to be highly effective for numerous applications, including healthcare administration, payroll processing, claims processing, gift cards, corporate incentives, consumer promotions, teen payments and unbanked solutions.
TSYS Prepaid offers expert solution-deployment services, from facilitating sponsoring-bank and payment-network approvals to transaction processing and program management. TSYS Prepaid provides turnkey solutions complete with online, real-time administration, reporting and other unique system features that are vital to the prepaid market.
TSYS Prepaid (www.tsysprepaid.com) is based in New York.
About TSYS
TSYS (www.tsys.com) is one of the world's largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia-Pacific regions. Based in Columbus, Ga., TSYS (NYSE: TSS) is closely held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine's "Most Admired Companies" and a member of its "100 Best Companies to Work For" Hall of Fame. For more information, contact news@tsys.com.
Contacts
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com
Andrew T. Savitt
TSYS Prepaid
212.563.4433, ext. 297
andy.savitt@tsysprepaid.com