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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: BK who wrote (13858)2/9/1999 9:03:00 AM
From: scouser  Read Replies (2) | Respond to of 29382
 
ECHO news..

I think ECHO was mentioned here.

BW0051 FEB 09,1999 5:03 PACIFIC 08:03 EASTERN

( BW)(CA-ELECT-CLEARING-HOUSE)(ECHO) ECHO Appoints Director

Business Editors

AGOURA HILLS, Calif.--(BUSINESS WIRE)--Feb. 9, 1999--Electronic Clearing House Inc. (Nasdaq:ECHO) Tuesday announced the appointment of Aristides W. Georgantas as a director to serve on ECHO's Board of Directors.
Georgantas has served as executive vice president of Chase Manhattan Bank Inc., and chairman and chief executive officer of Chemical Bank New Jersey NA. Georgantas is a graduate of the University of Massachusetts and Columbia University Graduate School of Business.
"Mr. Georgantas has over 28 of years experience in banking, strategic planning and marketing," stated Joel M. Barry, chairman and chief executive officer of ECHO. "He knows the financial services industry and we are extremely fortunate to have a director with his level of knowledge and management experience."
"I am delighted to serve as a director of ECHO. I believe they have the capabilities in terms of key personnel, innovative products and communications expertise to be a leader in the financial services industry and I look forward to helping in any way I can," stated Georgantas.
Electronic Clearing House provides credit card processing, check guarantee, inventory tracking services and various Internet services to more than 17,000 retail merchants and U-Haul dealers across the nation.
Through its subsidiary, Computer Based Controls, ECHO designs, develops and manufactures software and point-of-sale hardware that is utilized as credit card processing terminals, automated money order dispensers, utility bill payment systems, and inventory tracking devices.

--30--kwp/la* wam/la

CONTACT: Electronic Clearing House
Donna Camras, 818/706-8999, ext. 3033
e-mail: dcamras@echo-inc.com
URL: echo-inc.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: RETAIL COMPUTERS/ELECTRONICS COMED BANKING
INTERACTIVE/MULTIMEDIA/INTERNET