AmbironTrustWave Pte Ltd. Establishes Office in Australia Firm’s Sydney location to be headed by former First Data veteran

Singapore - 9 July 2007

AmbironTrustWave Pte Ltd., a subsidiary of AmbironTrustWave, the leading provider of data security and compliance management solutions to businesses in the payment card industry, has expanded its presence in the Asia-Pacific region with the opening of an office location in Sydney, Australia.

AmbironTrustWave Pte. Ltd. has hired Julie Pinto as the Business Development Manager for Australia and New Zealand with responsibility for sales and business development in the two countries. Ms. Pinto's career includes more than fourteen years of sales management experience in Australia working with the First Data Corporation, one of the world’s leading payment processors. She is based in Sydney and will report to Melissa Perisce, Director of Asia Pacific region for AmbironTrustWave Pte Ltd. Ms. Perisce is based in Singapore.

"The hiring of an industry veteran with the outstanding qualifications of Ms. Pinto, demonstrates our commitment to the Australian and New Zealand market area," said Robert J. McCullen, Chairman and CEO of AmbironTrustWave. "Equally important is our ability to attract top management talent to oversee sales and operations in one of the most dynamic credit card markets in the Asia-Pacific region. We are very excited to have Julie Pinto join the team."

In 2006, AmbironTrustWave established AmbironTrustWave Pte Ltd. to provide PCI DSS compliance solutions to merchants, payment processors and other payment card industry concerns that process and/or transmit cardholder data. AmbironTrustWave Pte Ltd. has currently has clients in Australia, China, Hong Kong, India, Korea, Singapore and Taiwan that are served from the firm’s office locations in Singapore and Shanghai, China.

PCI DSS was instituted in December, 2004, to unify the bankcard industry security requirements for storing, processing and transmitting cardholder data. Under the PCI DSS, merchants are segmented into four categories based on the number of transactions a merchant processes annually, and are subject to various compliance requirements based on their transaction volume.

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