"We are very glad to have Sebastian as a member of our Board of Directors ", said Leon Dhaene, Chairman of the Board of IDES Technologies. "With his expertise of successful entrepreneur, his skill of transforming startups into structured companies, adding value to shareholders; and his knowledge in the fraud detection solution business through his Neteconomy and Fiserv assignments; Sebastian will be instrumental in building the company".

"The innovation that IDES Technologies brings to the field of prevention and detection of Fraud and other forms of Financial Crime is exciting", said Sebastian Kuntz,"the fact that IDES Technologies is based on proven sophisticated statistical pattern recognition algorithms and methodologies in the complex medical sector is the unique, patent pending, foundation for a reliable, innovative and proven solution".

Sebastian Kuntz previously held senior positions at companies like Volmac, Capgemini, and Fiserv; was CEO and co-owner of Neteconomy; and is an appreciated Advisor and Board Member of various startup high-tech companies.