CSI Appoints New U.S.-Based Director.

VANCOUVER, British Columbia--(BUSINESS WIRE)--April 14, 1999--

CSI Credit Systems International Inc. (CSI) (VSE:CSU) President James Christensen announced that Roger L. Peirce has been appointed to the company's board of directors.

Peirce is a former business unit president of First Data Corp. (FDC), where he was responsible for growing FDC's merchant services organization (now processing more than half of all US Credit card transactions). Prior to his experience at FDC he was the Chief Operating Officer at VISA.

During his 13-year tenure at VISA Peirce played a significant role in building VISA to a major global player in consumer payments. He was responsible for systems, risk control, sales and marketing, and advertising. He also had a seat on all five VISA Regional Boards.

While he was overseeing FDC's merchant processing business, sales grew from $100 million to $1 billion, becoming FDC's largest business unit representing 25% of the company. He also developed the U$A Value Exchange, a targeted marketing system using customers' credit card purchase history.

"Roger Peirce's experience and contacts will be a significant asset for CSI as we expand into the U.S. market," said James Christensen, President and CEO of CSI. "His background in electronic commerce and payment systems and his sales and marketing knowledge make him a strong strategic addition to our board of directors."

Peirce lives in San Francisco and is currently on the board of a number of high-growth, high-technology firms.

CSI Credit Systems International is a transaction information company specializing in business-to-customer transactions. CSI offers retail businesses the opportunity to market products and services on a customer specific basis through a comprehensive and fully integrated network of customer information gathering software and hardware.