February 4, 2003

Lexcel Solutions Inc, the leading supplier of financial testing solutions, has appointed Trevor Jenkins as General Manager EMEA. He will be responsible for developing new business for Lexcel in the region.

Jenkins was formerly with LINK Interchange Network Ltd., the national ATM network in the UK, where he managed the project to set up the network in 1986 and subsequently held a number of General Manager positions. At LINK, he was responsible for the operation of the network and his achievements include setting up production and disaster recovery data centres, bringing the operation in house from an outsourcing arrangement, merging the operations of the LINK and Matrix networks, leading the Y2K compliance work, migrating the 4Bank and MINT ATM networks to LINK, setting up a fraud detection service and leading the LINK projects for Chip cards and the APACS Chip and PIN project. He was LINK's representative on several national and international committees.

Lexcel was founded in 1986 and is based in Scottsdale, Arizona. Lexcel designs and builds testing simulation products for the EFT payment processing industry with customers located around the globe. Lexcel provides industry leading transaction testing platforms including stress testing/capacity planning systems, ATM and POS testing platforms and the premier network interface testing solution to Financial Institutions, credit card processors, payment networks and gateways as well as ATM and POS processors and manufacturers.

Jenkins said "I am delighted to be joining Lexcel, a company I have known for many years. In fact, I was responsible for introducing Lexcel to LINK, who have adopted the Network TestSystem as the standard throughout the network. The company has an excellent set of EFT testing products and a first class track record of developing and implementing EFT solutions that provide tangible benefit to customers. The growing adoption of EMV and Chip cards introduces more complexity into the EFT testing process. Lexcel has the tools and expertise to help customers through this transition, to improve the quality of testing, increase the productivity of test resources, speed up time to market, and to do so cost-effectively."

Carl Kubitz, Lexcel's founder and President, commented, "Trevor brings more than 15 years front line operational and business experience in the EFT industry. He understands both the technical and commercial environments and can relate to customers' issues from his own experience."

Lexcel has a suite of PC-based products covering the complete span of the transaction spectrum, from transaction origination to settlement. The ATM and POS TestSystems simulate the most common ATMs and POS terminals. Major regional, national and international payments networks, and their members, use Network TestSystems for network interface testing and certification. Lexcel CAPSystem, the stress-testing tool, enables organizations to run capacity planning and performance testing from an independent, external platform.