Princeton eCom Appoints Ron Averett to Board of Directors

Princeton eCom Appoints Ron Averett to Board of Directors

PRINCETON, N.J., Dec. 8 /PRNewswire/ -- Princeton eCom, a leading provider of Integrated Payment Solutions, today announced that Ron Averett, the company's president and chief operating officer, has been appointed to the Board of Directors. Averett is currently responsible for the day-to-day operations of the firm.

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Averett's career includes more than 20 years of senior management experience in banking and financial services. Prior to joining Princeton eCom, Averett served as senior vice president in charge of Chevy Chase Bank's $5.2 billion credit card division. Previously, he was a senior vice president at Advanta Corporation where he was responsible for managing Advanta's Gold Card product, a $9.5 billion portfolio. Averett began his career in financial services at Citibank.

"Ron joined Princeton eCom in 1999 and under his direction the company has become a trusted leader in the electronic payments industry. As president and COO, Ron's continued drive and focus on operational excellence and his commitment to outstanding customer service has enabled us to deliver industry leading service levels to our customers," said R. Craig Kirsch, Princeton eCom Chairman of the Board and CEO. "Ron has been a true partner with me over the past three years and has done an outstanding job. His appointment to the Board is not only well-deserved, but important for the future growth of our company as we continue to expand and achieve greater success in the marketplace."

"As a member of the Board, Ron's industry experience and overall strategic understanding of our marketplace will truly strengthen Princeton eCom's ability to provide the latest technology and best product investments for our business and our customers," said Larry Mock, president of Mellon Ventures and a member of Princeton eCom's Board of Directors. "Ron's proven track record and leadership will be of great value as we continue to build this business."

About Princeton eCom

Since 1984, Princeton eCom Corporation has continuously delivered Integrated Payment Solutions(TM) driving growth in the electronic bill payment industry. Princeton eCom offers fully integrated, end-to-end payment solutions for both banks and billers and is a leader in the payments industry. Princeton eCom currently provides its ASP solutions to over 1500 banks, billers and distribution partners. For more information, visit http://www.princetonecom.com/.

Photo: NewsCom:
http://www.newscom.com/cgi-bin/prnh/20001229/PHF002LOGO-b
PRN Photo Desk, photodesk@prnewswire.com
Source: Princeton eCom

CONTACT: Jennifer Kamienski or Lauren Mackiel, Keating & Co.,
+1-973-966-1100, for Princeton eCom

Web site: http://www.princetonecom.com/


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