Philbin Succeeds Wells as President of TSYS Acquiring Solutions
Columbus, GA, Jan. 11, 2007 — Robert J. Philbin has been named president of TSYS Acquiring Solutions effective immediately. Mr. Philbin has served as interim president since August 2006, following the retirement of Bev Wells.
Mr. Philbin will be responsible for the entire acquiring enterprise, and will report to M. Troy Woods, president and chief operating officer of TSYS.
“Bob’s leadership during this transitional period has demonstrated he is the right person for this role,” Mr. Woods says. “He has shown a heart-felt passion for this business, our clients and its team members.”
Mr. Philbin joined the TSYS Acquiring Solutions team as chief financial officer in 2004. Before joining TSYS, Mr. Philbin had more than 20 years of experience in accounting and financial management positions in the payments industry, including service in key foreign markets.
About TSYS Acquiring Solutions
TSYS Acquiring Solutions, formerly Vital Processing Services, is the preeminent supplier of acquiring solutions, related systems and integrated support services to the acquiring industry and its customers. TSYS Acquiring Solutions delivers comprehensive solutions and support that securely and reliably process billions of credit and debit transactions every year. From authorization and capture services to the clearing and settling of merchant transactions, critical customer support functions and information management services, TSYS Acquiring Solutions helps acquirers effectively manage and grow their merchant portfolios. TSYS Acquiring Solutions is a wholly owned affiliate of TSYS® (NYSE: TSS). Additional information on TSYS Acquiring Solutions can be found at www.tsysacquiring.com.
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
TSYS Media Relations
Eric S. Bruner
+1.706.644.8457
ebruner@tsys.com
TSYS Media Relations
Cyle Mims
+1.706.644.3110
cylemims@tsys.com
TSYS Acquiring Solutions
Rebecca Brown
+1.480.333.7412
rebecca.brown@tsysacquiring.com