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Michael Matour Promoted to Regional Manager of Retail Cash Management at MEI

Promotion underscores MEI’s increasing investment in marketing its payment systems for use in kiosks and other unattended point-of-sale systems

WEST CHESTER, PA – January 26, 2001 – MEI, the world’s leading supplier of high-performance electronic payment systems, has announced the promotion of Michael Matour of Landsdale, PA to Regional Manager of Retail Cash Management. In this position, Matour is responsible for managing retail industry sales activities in assigned accounts and areas of the U.S. and Canada. He will focus his efforts on developing new business, cultivating customer relationships, and developing market channels to maximize profitable sales growth for the Retail Cash Management division. This promotion underscores MEI’s increasing investment in marketing its payment systems to the retail industry for use in kiosks and other unattended point-of-sale systems.

Matour was promoted from his previous position of Industry Support Manager in the retail and transportation industries, where he managed technical support, integration testing, product launches, and customer training efforts, and supported sales efforts. He came to MEI from Ford Motor Company.

MEI (formerly Mars Electronics International), a division of Mars, Incorporated, has been developing the world’s most advanced, secure, and high-performance electronic cash payment systems since 1969, and has the world’s largest installed base of electronic coin mechanisms and bill acceptors. By working with customers, MEI has not only contributed to the success of vending, but is also the world leader in the application of cash payment systems in the retail, telecom, gaming, amusement, lottery, and transportation industries. MEI’s range of products includes electronic cash acceptors, coin change-giving machines, card-based cashless payment systems, and electronic audit systems. MEI employs 1,200 associates worldwide, with four ISO-certified manufacturing plants on three continents, sales offices in 10 countries, and a distribution network covering more than 100 countries.

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www.meiglobal.com



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