SOURCE: ViVOtech, Inc.

September 20, 2011 08:00 ET

ViVOtech Hires Seasoned Industry Executive for VP of Operations Post

VeriFone and Ingenico Experience Makes Eric Lecesne Best Man to Take on Role and Responsibilities at NFC Pioneer, Says ViVOtech CEO

SANTA CLARA, CA--(Marketwire - Sep 20, 2011) - ViVOtech, the NFC (near field communication) software and systems company, today announced that the former president and chief operating officer of mobile payments innovator Way Systems, Eric Lecesne, has joined the company as vice president of operations and supply chain. In his new role Lecesne will be responsible for leading ViVOtech's manufacturing, supply chain management, post-sales customer support organization, as well as cross-functional program management for new product development.

"The NFC market is on the verge of rapid growth and high volume manufacturability and scalable supply chain for our system products are going to be critical success elements in ViVOtech's point of sale (POS) systems business," said Michael (Mick) Mullagh, ViVOtech chief executive officer. "There is no one in this industry better qualified to take on these responsibilities than Eric as we ramp the sales and distribution of new readers and introduce several new NFC products."

After graduating from the Polytechnic Institute of Grenoble, Lecesne began his career at Hewlett Packard, where he served 20 years in various roles before joining the electronic payments company VeriFone as general manager (GM) in charge of marketing as well as research and development (R&D).

Following VeriFone, Lecesne was GM, executive vice-president and chief technology officer responsible for marketing, R&D and manufacturing for Ingenico, a provider of payment solutions.

"It took 10 years, but the market has finally caught up with ViVOtech's vision and ground-breaking NFC software and systems," said Lecesne. "I believe the next five years will demonstrate absolute validation of ViVOtech's leadership and adoption around the world of our cutting-edge technology."

About ViVOtech
ViVOtech, the near field communication (NFC) software and systems company, enables rich mobile commerce solutions for in-store payment, loyalty, marketing, and merchandising. Merchant, payment, mobile, web and advertising companies use ViVOtech solutions to enhance customer experience and grow their business. ViVOtech's NFC software and systems are the broadest, most tested and deployed worldwide. Founded in 2001, Silicon Valley-based ViVOtech provides the key building blocks of the NFC ecosystem: smart applications for enhancing the customer experience, wallet and trusted service manager (TSM) software, and point of sale systems. ViVOtech's investors include Alloy Ventures, Citi Ventures, Draper Fisher Jurvetson, DFJ Gotham, EDBI, First Data Corporation, Miven Ventures, Motorola Mobility, Motorola Solutions, Nokia Growth Partners, NCR, SingTel Innov8 and Sprint. Join the NFC revolution at http://www.ViVOtech.com.

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