Trintech Announces Former Visa International President and CEO to Board of Directors.

Business Editors/High-Tech Writers

DUBLIN, Ireland and SAN MATEO, Calif.--(BUSINESS WIRE)--Aug. 15, 2000

Trintech Group PLC (Nasdaq:TTPA; Neuer Markt:TTP), a leading provider of secure electronic payment infrastructure solutions, today announced the appointment of Edward Jensen to the Board of Directors effective immediately. Jensen succeeds Wolfgang Heinrich, who served as a Board member since June 1999. Heinrich is stepping down following his departure from Visa International in pursuit of other professional endeavors.

Jensen served as President and Chief Executive Officer of Visa International from 1994 to 1999 and is now involved with several venture capital firms and serves as an advisor and Director for several high-tech companies in Silicon Valley. Prior to his tenure at Visa International, Jensen held the posts of Vice Chairman and Chief Operating Officer at US Bancorp, where he worked for two decades. Jensen graduated with a Bachelor's degree in finance from the University of Washington. Jensen will also continue in his role as Chairman of Trintech's advisory board, a position he has held since May 1999.

"I am delighted, along with all our directors, to welcome Mr. Jensen on board," says Cyril McGuire, Executive Chairman at Trintech. "With his 25 years of experience in the financial and payment card sector he will bring considerable experience and invaluable market insights to our Board."

About the appointment, Jensen says, "Trintech's Internet payment strategy compliments my experience at Visa International and US Bancorp. I'm excited to combine my knowledge of banking and finance with Trintech's innovative payment technologies at a Board of Directors level, and look forward to ensuring the continuation of their recent successes."

About Trintech

Trintech Group PLC is a leading provider of secure electronic payment infrastructure solutions for real world, Internet and wireless transactions. The company, which was founded in 1987, offers a complete range of payment software products for credit, debit, commercial and procurement card applications. Trintech's secure product range is deployed in over 35 countries worldwide and cover the payment requirements of consumers, card issuing banks, merchant acquiring institutions, merchants, eMerchants, telcos, wireless operators, ISPs/CSPs, Portals and large corporations. Trintech's range of scalable, open systems architecture solutions for UNIX(R) and Windows NT(TM) platforms covers consumer, merchant and financial institution requirements for all card-based payments, including e-commerce and the emerging world of mobile commerce. Trintech can be contacted in the U.S. at 2755 Campus Drive, San Mateo, CA 94403 (Tel: [phone]) and in Ireland at Trintech Building, South County Business Park, Leopardstown, Dublin 18 (Tel: [phone]). Trintech can be reached on the Web at http://www.trintech.com. Investor information can be found at www.trintech.com/investor.

This press release may contain "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any "forward looking statements" in this press release are subject to certain risks and uncertainties that could cause actual results to differ materially from those stated. Factors that could cause or contribute to such differences include the ability to develop, market and sell its e-commerce software, the market acceptance of the SSL or SET standards for e-commerce payment transactions, its ability to effectively respond to future changes in the e-payment software market and, in particular, the market acceptance of eVia 2000 terminals. Actual performance may also be affected by other factors more Trintech's Form 20-F; Form F-1 and Form 6-K for the quarter ended April 30, 2000 filed with the US. Securities and Exchange Commission.