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Q Comm Appoints 3 New Members with Strong Business and Financial Backgrounds to Its Board of Directors.


Business Editors/High-Tech Writers

OREM, Utah--(BUSINESS WIRE)--April 12, 2004

Q Comm International Inc. (Amex:QMM QMM Quick March Medley
QMM Quasi-Multiple Medium Method
QMM Quadratic Minimax
QMM Quadrature Multipath Monitor
QMM Question Mark and the Mysterians (band)
QMM Quest for the Magic Marbles
)(Amex:QMM.WS), a provider of prepaid transaction processing and electronic point-of-sale (POS (1) See point of sale and packet over SONET.

(2) "Parent over shoulder." See digispeak.

POS - point of sale
) distribution solutions, today announced that William Jurika, Gary Crook and Steven L. Phillips have been appointed and have accepted seats on the company's board of directors. They will be replacing departing board members Brent Bingham, Vicky Johnson, and Lamond Woods.

Jurika first entered the investment arena in 1967 as a broker for Francis I. Dupont & Co. He joined E.F. Hutton as a vice president of institutional sales, and founded Jurika & Voyles Inc., an investment management firm, in 1976.

Jurika & Voyles grew to manage over $7 billion in assets for private and institutional clients. The corporation was subsequently sold to New England Investment Companies in 1997. He recently co-founded the investment management company JMK JMK Mikonos, Greece - Mikonos (Airport Code)
JMK Jokkmokk, Sweden
 Investment Partners LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
.

Crook has a strong background in finance having served as the CFO See Chief Financial Officer.  of SOS SOS, code letters of the international distress signal. The signal is expressed in International Morse code as … — — — … (three dots, three dashes, three dots).  Staffing, guiding the company from its 1995 IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard.  on Nasdaq and through subsequent secondary offerings. Preceding SOS he was the vice president, controller for Alpha Beta Co. a subsidiary of American Stores Co. He coordinated the merger between Alpha Beta and Lucky Stores creating a major grocery retailer. He presently serves as the senior vice president of operations for INTEQ Group Inc, a pharmacy benefits management company with over 1,000 clients and a network of over 50,000 pharmacies. He will become chair of the Audit Committee.

Phillips has in-depth legal and international business development experience. Presently he serves as the assistant general counsel of CMS Energy, a multi-billion dollar global energy company. Since joining CMS (1) See content management system and color management system.

(2) (Conversational Monitor System) Software that provides interactive communications for IBM's VM operating system.
 in 1996, his primary responsibilities have been acquisition, development, financing and disposition of energy infrastructure companies and assets throughout Asia, Australia and the Middle East.

Terry Kramer, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and president of Q Comm, stated: "These appointments bring a wealth of experience, business development knowledge and pure drive that will have an immensely positive influence as we position Q Comm for further growth. We are grateful to the departing board members for their service to Q Comm."

ABOUT Q COMM INTERNATIONAL:

Established in 1992, Q Comm International provides proprietary prepaid transaction processing and information management systems that facilitate electronic recharge or distribution of prepaid products from service providers or their distributors to retail points of sale. Q Comm's solutions replace traditional hard cards (also known as scratch cards or vouchers) that are costly to distribute, and provide more comprehensive reporting and inventory management among other benefits. In concert with its proprietary data center platform, Q Comm's point-of-sale terminal, Qxpress 200(TM), is currently used by wireless carriers or mobile operators, telecom distributors, and various retailers to sell a wide range of prepaid products and services including prepaid wireless or prepaid mobile, prepaid phone cards, prepaid dial tone and prepaid bank cards, such as prepaid MasterCard. Visit www.qcomm.com for more information.
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Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 12, 2004
Words:489
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