Monday, April 12, 2010

PAX Technology, Inc. Continues to Build the U.S. Team



http://www.pax.us

Carmen Paraschiv Appointed as Vice President of Strategic Development

ATLANTA & SHENZHEN, China--(BUSINESS WIRE)--PAX Technology, Inc., the leading global provider of innovative electronic payment terminal products, today announced the appointment of Carmen Paraschiv as Vice President of Strategic Development. Ms. Paraschiv will be responsible for working with our internal teams in making sure our products meet industry compliance guidelines. In addition, Carmen will work very closely with our partners with certifications and rollouts.
“Carmen Paraschiv’s vast experience in certification and compliance will be a tremendous asset for PAX as we continue to expand our POS device line and bring to the market solid payment applications”
“Carmen Paraschiv’s vast experience in certification and compliance will be a tremendous asset for PAX as we continue to expand our POS device line and bring to the market solid payment applications," said Michael Mulcahy, PAX President & CEO. “As we continue to build the US team, we are bringing on industry experts such as Carmen who will drive our team to success.”
"I'm delighted to be on board with PAX Technology. We have the expertise, product line and product roadmap to be successful in the marketplace in what is an increasingly complex marketplace," said Carmen Paraschiv.
Carmen Paraschiv joined PAX Technology, Inc. after 15 years in the payment industry. Carmen spent 2 years as EVP of Project Management at Exadigm, Inc. where she successfully managed their first 3 Class A certifications. Prior to Exadigm, she was with Lipman for 11 years which was acquired by Verifone in 2006. Carmen held a range of key positions at Lipman USA including Customer Service and Quality Assurance Manager. She also was part of the Lipman/Verifone transition team in the US and became Verifone's PMO Manager in January, 2007. After leaving Lipman/Verifone, Carmen established Stand by Me, Inc. as an industry consultant.
Carmen holds a Bachelor's Degree in Economics and Computer Science from the University of Planning and Cybernetics, Academy of Economic Studies in Bucharest, Romania.
About PAX
PAX is a leading global provider of innovative electronic point-of-sale (POS) payment terminal solutions and the dominant supplier in China. PAX officially opened its first U.S. office in September 2008 with headquarters in Atlanta, GA. PAX is solely owned by HISUN Technology, which is listed in the Hong Kong stock market.

Contacts

PAX Technology, Inc.

Wendy Lund, 770-859-0099 ext. 121

VP, Product Marketing

marketing@pax.us
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