Thyron Systems Announce the New Appointment of Richard Lyon as SVP

By Thyron Systems Ltd, PRNE
Wednesday, June 9, 2010

Appointment Signals Thyron's Determination to Increase Market Share and Drive Innovation

WATFORD, England, June 10, 2010 - Thyron Systems Ltd, a leading provider of mobile payment solutions, today
announced the appointment of Richard Lyon as Senior Vice President.

Lyon joins the company with over 20 years of experience in the banking
and finance sector. Having built Sagem Matsu by achieving considerable year
on year growth and then successfully managing the acquisition between Sagem
and Ingenico UK in 2008, Richard brings a wealth of knowledge which aligns
significantly with Thyron's strategic business objectives for the future.

EVP & Managing Director Nick Parsons commented: "This appointment marks
an important step in the next phase of Thyron Systems development and with
his considerable experience and expertise coupled with long standing
relationships that Richard holds in the banking and finance arena, I have
every confidence that he will be very successful in this high profile and key
role within the company."

Lyon Commented: "Significant advances in technology, changes in the
regulatory environment for secure payments and the development of new
products and services in new segments are revolutionising the payments
sector. Thyron's ability to innovate quickly means we are perfectly
positioned to be thought leaders and change agents in our industry. I very
much look forward to working with Nick and the Thyron team in the pursuit and
realisation of this ambition."

Thyron Systems have built their position in the marketplace over the
years by maximising their key strategic relationships with leading Banks and
EPOS vendors and developing a unique proposition in the hospitality space.
Together with the work they have done focussing on mobile payment solutions,
Thyron Systems has consistently increased their client base across the
hospitality, transportation, retail and contactless sectors and delivered
exceptional support services and first to market products to their customers.

As a solutions and service led company, Thyron Systems continue to lead
innovation in the marketplace and broaden the portfolio of solutions to meet
the demands of a fast paced business. Their in-house team of experts from
across the industry continue to lead advancements in technology demonstrating
an acute understanding of meeting business needs.

    Press Contact:

    Sarah Hill
    Sales & Marketing Manager
    Tel: +44(0)1923-296661
    Email: sarah.hill@thyron.com
    www.thyron.com

Press Contact: Sarah Hill, Sales & Marketing Manager, Tel: +44(0)1923-296661, Email: sarah.hill at thyron.com

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