3Delta Systems Appoints Howard Ives VP of Sales and Business Development.

20-year Bankcard Sales Veteran to Expand 3DSI's Merchant Processing and Channel Partner Operations

CHANTILLY, Va. -- 3Delta Systems, Inc.([R]) (3DSI), a leader in online credit card payment solutions, today announced that Howard Ives has joined the company's management team as vice president of sales and development, a newly created executive position. Ives is responsible for devising new business tools for 3DSI's growing number of merchants who rely on the company's highly secure, web-based system to process commercial credit card payments easily and quickly. He will also focus on enhancing the company's channel partner services for enterprise-level customers.

"Howard's solution-oriented sales expertise and thorough understanding of the commercial credit card payment business - from the point of origination through the processing stream - make him the perfect choice for this vital management role," said Aaron Bills, co-founder and chief operating officer of 3Delta Systems.

"Many large corporations that accept credit, debit or purchase cards from their customers or suppliers have huge, unmet needs to improve what are often complex yet highly inefficient billing and payment collection processes," Bills explained. "These companies are also responsible for keeping up with the latest card interchange rates and payment security requirements as well as complying with industry standards for protecting sensitive customer data. Howard's deep knowledge of the diverse business and information security issues these companies face will be invaluable as 3DSI continues to capitalize on this enormous market opportunity."

Ives has more than 20 years of bankcard sales experience in the business-to-business, e-commerce and mail/telephone-order arenas as well as special expertise in commercial card transactions and processes that capture detailed information about those payment transactions known as Level 3 processing.

Before joining 3DSI, Ives was director of national sales for First Data's Business Payment Services Group in Coral Springs, Florida. During his seven-year tenure, he was responsible for sales to middle market and national business accounts in the B2B segment as well as to commercial card supplier programs, for which he designed, implemented and managed supplier enrollment programs with commercial card issuers and their corporate clients. Issuers included Citibank, JP Morgan Chase, SunTrust and GE Corporate Payments.

Earlier in his career, Ives served as director of purchasing card acceptance at MasterCard, where he was responsible for increasing the use of purchase cards among issuers, acquirers, suppliers and processors. He also managed regional merchant sales at Shawmut Bank in New Haven, CT and was a merchant sales representative at CoreStates Bank in Philadelphia.

Ives holds a B.S. in general management from Quinnipiac University in Hamden, CT.

Note to Editors: A high-res photo of Howard Ives is available on request.

About 3Delta Systems

3Delta Systems is a payment solutions company that delivers the power of secure, Internet-based purchase and credit card processing solutions to enterprise, business-to-business and business-to-government customers. 3DSI's complete suite of payment solutions - all of which comply with Payment Card Industry (PCI) Data Security Standard best practices - enables merchants and buyers to manage, authorize and settle payment transactions in real time. For more information about 3DSI visit www.3dsi.com.