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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
For further information, please visit:


Keith Briscoe
Oasis Technology Ltd.
Phone: 416-228-8001 Ext. 5112