LAS VEGAS, Nov. 30 /PRNewswire-FirstCall/ — 3Pea International, Inc. , a payment
solutions company, today announced the appointment of Omar Khandaker as 3Pea
senior vice president and Chief Information Officer. In his new role, Mr. Khandaker will
lead the overall 3Pea pre-paid stored-value payment processing technology team,
infrastructure, applications development and deployment across the organization to
support 3Pea’s overall strategy to bring innovative financial products to the US and
Khandaker joins 3Pea from Wow Technologies, where he served as Chief Technology
Officer and Chief Information Security Officer. Khandaker was responsible for the
design and implementation of a Prepaid Stored-value MasterCard/ATM Card Issuer
Processing Platform as well as the PCI Data Security Standard certification for the
company’s Stored-value Debit Card Processing Platform.
“Omar brings a wealth of talent and expertise to his new role at 3Pea,” said Mark
Newcomer, President of 3Pea. “We are delighted to have the benefit of Omar’s vast
experience in IT, global software solutions, e-commerce, prepaid card expertise and
business leadership. His successful track record in helping a wide variety of enterprises
derive maximum value from their technology investments makes him an excellent fit for
3Pea and our customers.”
Before joining 3Pea, Khandaker served as CTO and CISO at Wow Technologies and
Wow Card Services since 2001. Prior to that, Khandaker served as Technology IT
Manager at (BAT) British American Tobacco, a global fortune 500 company, where he
was an active member of the BAT Global IT Infrastructure Team since 1996.
Khandaker earned a MS in Computer Science & Engineering and a BS in Engineering
(Electrical & Electronics). As a member of the faculty in the Electrical & Electronics
Engineering (EEE) Department, Khandaker taught courses in Computer Science &
Electronics at the Islamic University of Technology.
About 3Pea International, Inc.
3Pea International, Inc. is an experienced and trusted transaction-based solutions
provider. 3Pea designs and develops payment solutions, prepaid card systems, and
various payment services. 3Pea’s wholly owned subsidiary, 3Pea Technologies, Inc.,
also develops and designs the PayPad(R), a proprietary payment terminal, as well as
designing and developing a proprietary secure key loading system. 3Pea provides
creative online PIN-Debit payment solutions along with turnkey and customized
payment services to retailers, software developers, and financial services companies.
Utilizing PayPad payment terminals and IP payment gateway solutions, 3Pea can
quickly and cost effectively help customers in various markets to payment enable their
applications. 3Pea works closely with its customers providing qualified payment
expertise to produce a payment processing solution that best suits their needs.
PINsmart®, PaySign™, 3PEA® and PayPad® are registered trademarks or trademarks
of 3Pea Technologies, Inc. in the United States and/or other countries.
Certain statements in this news release may contain forward-looking information within
the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the
Securities Exchange Act of 1934, and are subject to the safe harbor created by those
rules. All statements, other than statements of fact, included in this release, including,
without limitation, statements regarding potential future plans and objectives of the
companies, are forward- looking statements that involve risks and uncertainties. There
can be no assurance that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in such statements.
Technical complications that may arise could prevent the prompt implementation of any
strategically significant plan(s) outlined above. 3Pea International, Inc., undertakes no
obligation to publicly update or revise any statements in this release, whether as a result
of new information, future events, or otherwise.