SOURCE: Regulus Group

September 11, 2008 08:00 ET

Regulus Group Appoints Leading Payments Industry Executive as Chief Revenue Officer

Payments Veteran Brings Experience, History of Success to Regulus' Sales Organization

NAPA, CA--(Marketwire - September 11, 2008) - Regulus Group, the premier provider of outsourced billing and payment services, today announced the appointment of Greg Adelson as chief revenue officer. In this role, Adelson will develop and manage the company's sales efforts, including driving revenue growth and client retention. He will lead the Regulus sales team and will work closely with the marketing and product development groups. Adelson will report directly to CEO and president Kathy Hamburger.

"I am very excited to have Greg join Regulus in this key role," said Hamburger. "His proven experience and leadership skills will be tremendous assets as we continue to expand our T2 and e-product visions. Greg has deep industry expertise and will help Regulus further expand its position as a market leader."

Adelson joins Regulus from ChoicePay, a leading national e-payment solutions provider and strategic partner of Regulus, where he spent three years as president. During his time at ChoicePay, Adelson's accomplishments included the development and implementation of new products and services, expanding partner and customer alliances and setting strategic direction. Adelson has also held chief operating officer positions with both FSV Payment Systems and International Check Services, where he had overall responsibility for operations, client services, business and product development, and information technology.

Regulus' Transactions2 (T2) suite of products and services provides companies in the finance, healthcare, insurance, telecom, and utility industries with much greater control and visibility over their billing and remittance processes. The T2 suite creates value at every stage of the transaction lifecycle by increasing access to valuable data and combining traditional paper with state-of-the-art electronic services. One in three FORTUNE 50 companies use Regulus' services. The company processes over two billion transactions each year and nearly $32 per month of the recurring bills in every American household.

About Regulus Group

Regulus Group is the premier provider of outsourced billing and payment services designed to accelerate cash, improve corporate productivity and reduce overall management costs. Our integrated approach to the payment lifecycle enables Regulus customers to outsource and automate their most resource-consuming billing and payment requirements while actually increasing control over the entire process. As one of the largest bill presentment and payment processors in the United States, Regulus services nearly two billion paper and electronic transactions every year for companies in the telecom, insurance, finance, utility, and healthcare industries. Regulus is a wholly owned subsidiary of 3i Infotech. For more information, visit www.regulusgroup.com.

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