Company News: Page (1) of 1 - 02/12/13

Merchant Warehouse Hires Chief Financial and Chief Technical Officer

CFO Ammar Afif and CTO Paul Vienneau Join Merchant Warehouse to Change Payment Industry

February 12, 2013 --

BOSTON, MA -- (Marketwire) -- 02/12/13 -- Merchant Warehouse, a leading innovator of payment technologies and merchant account services, today announced the addition of two key C-level executives: Ammar Afif takes over as Merchant Warehouse's CFO and Paul Vienneau as CTO.

"Merchant Warehouse is dedicated to changing the way both merchants and consumers interact with payment technologies," said Henry Helgeson, CEO of Merchant Warehouse. "To the industry, leaders like Ammar Afif and Paul Vienneau are vitally important. Their leadership in growing businesses, creating and executing on product strategy while building and supporting new technology is critical to Merchant Warehouse as we continue to deliver unparalleled payment solutions and merchant services to our valuable customers."

Joining Merchant Warehouse as CFO, Afif will be responsible for shaping company strategy and financial reporting. Before Merchant Warehouse, Afif served in a dual-role as CFO and COO at NaviNet, America's largest real-time healthcare communications network. In these roles, Afif led finance, administrative, human relations, legal, product, technology, operations and provider sales. Prior to NaviNet, Afif served as CFO for Kantar Media (US) Pronto Networks, Inc. and started his career with PriceWaterhouseCoopers.

Additionally, as transactions more rapidly trend toward mobile payments, Merchant Warehouse added the position of CTO. In this role, Vienneau will build on Merchant Warehouse's technology strategy to drive the continued advancement of the Genius solution. Vienneau brings more than 20 years of technology leadership to Merchant Warehouse. Most recently, he held a dual-role at NaviNet, serving as both the CTO and Senior Vice President of engineering. This role included leading the engineering, technical operations and IT departments through development to quality assurance.


About Merchant Warehouse
Merchant Warehouse is a recognized leader in payment acceptance solutions and merchant services. The company enables merchants, agents, POS developers and VARs to achieve strategic business advantage through the delivery of current and emerging payment, offer and program solutions and merchant services that dramatically enhance the merchant-customer experience. Merchant Warehouse is one of the fastest growing and innovative payment solutions companies in North America. For more information about Merchant Warehouse, please visit merchantwarehouse.com.

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