Oasis Technology Ltd.

Oasis Technology Appoints New Vice President of Client Services and Business Development for Europe and Middle East

    TORONTO, ON - (ots) -In a further move to grow its presence in Europe and the Middle East, Oasis Technology, a leading provider of payment processing software, has appointed Tarek Luka as vice president of client services and business development for its existing EMEA client base. Working with Oasis' newly expanded EMEA sales team led by Alan Scutt, Luka's mandate is to assist existing Oasis clients with innovative and value driven additions to their platforms, and drive upgrade strategies within the entire suite of Oasis products.

    Luka has been a strong contributor and leader within Oasis for the past seven years. He has comprehensive experience in the payment processing business with clients representing national switches, payment processors and a large number of financial institutions. Luka has a deep understanding of the EMEA marketplace and a history of growing many successful client relationships in the region.

    "I'm very excited about the prospects of assisting our company to move forward in the EMEA marketplace, one that Oasis recognizes as a strategic part of our growth engine," said Luka. "Now that Oasis is in a position to further develop relationships with our EMEA clients, I'm very happy to be chosen to lead the team and assist our clients in evolving and maturing their platforms to capitalize on future revenue opportunities."

    "Tarek's deep technical understanding of our full suite of products, long-term customer relationships, and proven ability to help customers meet critical business objectives will be a valuable asset to Oasis," said David Pasieka, president and CEO of Oasis. "EMEA is a strategic growth region for us, and Oasis has seen increased demand for its technology with several recent clients, including SAMA in Saudi Arabia and Luottokunta in Finland. Tarek will help Oasis and our customers build on the momentum in the region."

    About Oasis Technology Ltd.

    Oasis Technology Ltd. is a leading provider of software to enable payments any time, any place, on any device. Since 1989, Oasis has worked with financial institutions, card associations, third-party processors and retailers to build the most secure, reliable and flexible payment infrastructures available. Oasis serves clients in more than 70 countries around the world, including ABN AMRO, American Express, Citibank, Credicard/Redecard Brazil, Diners, Europay, Golden Card (China), MasterCard, National Processing Company and Visa International. With corporate headquarters located in Toronto, Canada, the company operates a Latin America office from Miami, Florida. In Europe, Oasis manages operations from the United Kingdom and France. In the Asia-Pacific region, Oasis is represented by its official agent, Makeena Corporation. In addition, Oasis supports an extensive network of international partners, distributors and sales representatives.

    For further information, please visit: www.oasis-technology.com.

ots Originaltext: Oasis Technology Ltd.
Internet: www.newsaktuell.ch

Keith Briscoe
Oasis Technology Ltd.
Phone: 416-228-8001 Ext. 5112
E-mail: kbriscoe@oasis-technology.com

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