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Press Releases Friday, January 31, 2003   
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Shannon Byrne Named Chair of ETA`s Internet Committee

Whistler, BC - Jan 29, 2003 -- Shannon Byrne, President and CEO of Paradata Systems Inc. was appointed Chair of the Electronic Transaction Association (ETA) Internet Committee. This committee is comprised of individuals with leadership positions in the electronic payments industry including acquirers, processors, payment service providers, and consultants. The goal of this committee is to understand the needs of those ETA members that provide electronic services to the merchant community and make recommendations to the ETA Board on how to better serve its members.

"The Internet`s speed and reach make it a great tool for delivering faster and better transaction management services to merchants," commented Ms. Byrne. "I am impressed with the ETA`s proactive response to the trend. Forming an Internet Committee, to ensure that the services being offered to its members are meeting the needs of an ever changing market place, is a big step in the right direction"

The committee is currently undertaking a survey of ETA Members and plans to submit its findings and recommendations to the ETA Board in April 2003.

About Paradata Systems Inc.
Paradata Systems is a leading provider of global integrated payment systems for financial organizations, resellers and businesses across North America. Our award-winning, web-based payment solutions allow businesses of all sizes to easily integrate Internet payment throughout various front and backend systems. Paradata is unique in the marketplace by offering the full flexibility of Secure Sockets Layer (SSL), Secure Electronic Transactions (SET) and 3D Secure security protocols.

To learn more about Paradata, go to www.paradata.com, 1-800-604-DATA (3282) or contact Caroline Grimont, Vice President of Business Development and Marketing at cgrimont@paradata.com.

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