TNS Acquires Taiwan Manager to Lead Asian Expansion

  TNS Acquires Taiwan Manager to Lead Asian Expansion

Business Wire

TAIPEI, Taiwan -- January 14, 2013

Transaction Network Services (NYSE: TNS) has expanded its presence in Asia
with the opening of an office in Taiwan and the appointment of David Chiang as
Country Manager.

The office was opened after TNS had been granted a Type II Telecom Business
license by the National Communications Commission of Taiwan, which enables it
to provide international telecommunication and transactional processing
services in Taiwan. TNS is working with a leading payments company in the
region to migrate its business to a fully managed PCI DSS compliant service,
delivering significant operational benefit and cost savings.

Mr Chiang, who speaks Mandarin, English, Taiwanese and French, will be
responsible for generating new sales leads in the Greater China region,
developing relationships with local banking and merchant organizations and
promoting TNS solutions in the Taiwan market. In addition, he will lead the
Taiwan office based in Taipei.

With more than 30 years of experience in the payments industry across Taiwan,
China and USA, Mr Chiang joins from Nexsys Corporation and has previously held
roles with companies including Chia Hsin RMC, ComLink, E&M Technology and
Kapiit Inc. He brings specialist knowledge and expertise in retail credit card
issuance, acquiring and processing, as well as international trade finance. Mr
Chiang will be assisted by James Wu, who joins the company from Far East Tone

John Banfield, Senior Vice President and General Manager of TNS’ Asia Pacific
Payments Division, said: “We are delighted to welcome David to the team. His
in-depth knowledge of the Asian marketplace, coupled with experience gained at
leading payments technology companies, makes him well positioned to enhance
our presence predominantly in Taiwan, but also further into the Greater China

Mr Chiang said: “There are many opportunities to promote TNS’ full suite of
payments solutions in the Greater China region. Having worked in the industry
for many years, I am delighted to join such a well-established, prestigious
company and I’m looking forward to exploring new relationships in the region,
as well as promoting the benefits of our secure, resilient and cost effective
services to the industry.”

Founded in 1990, TNS’ global expertise extends to more than 60 countries
across Europe, the Americas and the Asia Pacific regions. Through its broader
payment solutions offering, TNS now connects over a million merchants and
retailers to the world’s leading banks, acquirers and processors, enabling
secure, efficient and cost-effective delivery and processing of payments.

For more information about TNS, please visit


About Transaction Network Services:

Transaction Network Services (TNS) is a leading global provider of data
communications and interoperability solutions.

TNS offers a broad range of networks and innovative value-added services which
enable transactions and the exchange of information in diverse industries such
as retail, banking, payment processing, telecommunications and the financial

Founded in 1990 in the United States, TNS has grown steadily and now provides
services in over 60 countries across the Americas, Europe and the Asia Pacific
region, with our reach extending to many more. TNS has designed and
implemented multiple data networks which support a variety of widely accepted
communications protocols and are designed to be scalable and accessible by
multiple methods.

For further information about TNS, visit ‘One Connection, A
World of Opportunities’

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that are not descriptions of historical fact may contain forward-looking
statements. Forward-looking statements involve a number of risks,
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any opinions or statements expressed with respect to future periods.


Catherine Batch / Jo Moorwood
T: +61 3224 9836 / +61 0411 272 034
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