Trintech names Paul Byrne president and CFO

Trintech Group Plc, (Nasdaq:TTPA) (Prime Standard:TTP), a leading provider of transaction reconciliation and payment infrastructure solutions, is pleased to announce the appointment of Paul Byrne as president and chief financial officer with effect from today.

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This new position will report directly to Cyril McGuire, Trintech's chief executive officer and chairman and will have overall responsibility for sales, marketing, development, operations, finance and corporate affairs.

"Paul and I have worked closely together for eight years, where Paul has served as chief financial officer and director of Trintech. This new position will leverage his considerable skills, knowledge and experience as Trintech enters its next exciting phase of growth," said Cyril McGuire. "This appointment will strengthen the management structure with the aim of delivering continued profitable growth and enhanced shareholder value."

To enable Byrne to develop the company and focus on this new position as president, the board have commenced a search for a new chief financial officer to succeed him. In the interim, Byrne will continue to act as the CFO until this appointment is made.

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