ECHO appoints Charles Harris president and COO

Source: Electronic Clearing House

Electronic Clearing House, Inc. (NASDAQ:ECHO), a leading provider of electronic payment processing services, today announced that Charles J. Harris will join the company as President and Chief Operating Officer.

Harris will oversee the Company's operations, sales and business development activities.

Prior to joining the Company, he served in executive, operational and sales leadership positions at prominent organizations including Paymentech and Electronic Data Systems. His last position was as President of Merchant Link, a wholly-owned subsidiary of Paymentech, which supplies electronic payment technologies and outsourced services to the point-of-sale market.

"We are delighted that Chuck has accepted the position of President and COO with ECHO," said Joel M. Barry, Chairman and CEO of Electronic Clearing House. "In his many years of service to other major payment services organizations, he has demonstrated a deep understanding of the payment processing industry and the ability to effectively lead organizations and manage crucial merchant and agent bank relationships. The addition of Chuck's leadership, strategic vision and experience to the ECHO team will assist us greatly in achieving our growth objectives."

"I am very pleased to be joining ECHO, an organization with an impressive record of growth and innovation," said Harris. "ECHO, through its electronic check conversion and merchant processing initiatives, is uniquely positioned to become a key player in the future development of the payment processing industry. I look forward to the opportunity to contribute to the Company's continuing growth and build upon its impressive track record of delivering consistent value to its clients and shareholders."

Mr. Harris holds a BA in Business Administration with an emphasis in Finance from the University of Texas.

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