Euronet Announces Management Changes in EFT Processing Segment

    Business Editors

    LEAWOOD, Kan.--(BUSINESS WIRE)--April 18, 2005--Euronet Worldwide, Inc. (Nasdaq: EEFT), a leading electronic payments provider, today announced changes in its management. Miro I. Bergman has been appointed as Chief Operations Officer for our Prepaid Processing Segment, and John Romney has been named Managing Director for Euronet's EMEA (Europe Middle East & Africa) EFT Processing Segment.
    In his new role as COO for Euronet's Prepaid Processing Segment, Mr. Bergman will assume a key role in providing leadership and strategic direction for growing and efficiently operating this Segment's subsidiaries and offices in 10 countries. Mr. Bergman retains his position as Executive Vice President of Euronet Worldwide and will remain based in Europe. Mr. Bergman, who has been with Euronet since 1997, was the Managing Director of our EMEA region for our EFT Processing Segment. He was instrumental in expanding the EFT business to 16 countries, increasing the ATM count by six-fold and achieving strong profitability for the division over the past five years.
    Prior to joining Euronet, Mr. Bergman was with First Bank System from 1992 to 1996 as Vice President in charge of the bank's off-premise ATM business of over 1,200 ATMs. He also served as Vice President of new Visa co-brand card program initiatives. From 1988 to 1992, Mr. Bergman worked for Citicorp-Diners Club in various card management and marketing positions. Mr. Bergman received a bachelor's degree in business administration from the University of New York at Albany and an M.B.A. from Cornell University.
    Mr. Romney, who has been with Euronet since 1997, will take over the duties of Managing Director of EMEA EFT from Mr. Bergman. In this new role, he is responsible for Euronet's EMEA EFT including provision of ATM, POS, and card-related services to customers throughout the region. Mr. Romney will be responsible to develop and implement strategy for the region, and to continue improvements in customer service, product offerings and profitability of the division. Previously, Mr. Romney was the Senior Vice President and CEMEA Regional Manager within Euronet's EFT Processing Segment, responsible for Euronet's current network services operations in Central Europe, Middle East and Africa as well as new initiatives throughout the region. He retains his title as Senior Vice President of Euronet Worldwide.
    Prior to joining Euronet, Mr. Romney was an Executive Consultant for Peterson Consulting in Chicago specializing in financial analysis and litigation support, and Vice President of sales for Escalante Imports specializing in wholesale distribution of home furnishings in the southwestern United States. Mr. Romney received a bachelor's of art in finance with high honors from the University of Notre Dame in 1989.
    "Miro and John have proven to be a couple of the most knowledgeable and capable individuals in Euronet, with a dedication and focus that inspires greatness within their organizations," said Daniel R. Henry, Euronet Worldwide president and COO. "We are excited about these new appointments and believe that each of these gentlemen will contribute valuable leadership."

    About Euronet Worldwide, Inc.

    Euronet Worldwide is an industry leader in processing secure electronic financial transactions. The company offers outsourcing and consulting services, integrated EFT software, network gateways, and electronic prepaid top-up services to financial institutions, mobile operators and retailers. Euronet operates and services the largest pan-European group of ATMs and operates the largest India shared ATM network. Euronet is also the largest provider of prepaid processing, or top-up services, for prepaid mobile airtime. The company has processing centers located in the U.S., Europe and Asia, and processes electronic top-up transactions at more than 175,000 point-of-sale terminals across more than 85,000 retailers in Europe, Asia Pacific and the U.S. With corporate headquarters in Leawood, Kansas, USA, and 19 worldwide offices, Euronet serves clients in more than 65 countries. Visit the company's web site at www.euronetworldwide.com.

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CONTACT: Euronet Worldwide, Inc. Media Contact: Shruthi Dyapaiah, 913-327-4257 sdyapaiah@euronetworldwide.com or Investor Relations: IR Dept., 913-327-4200 investor@euronetworldwide.com

KEYWORD: KANSAS INDUSTRY KEYWORD: BANKING SUPERMARKETS RETAIL NETWORKING MANAGEMENT CHANGES SOURCE: Euronet Worldwide, Inc.

Copyright Business Wire 2005