TORONTO, April 5 /CNW/ - Points International Ltd. (TSX: PTS; OTC BB:
PTSEF) - owner and operator of the world's leading reward-management portal,
Points.com - announced today the appointment of Anthony Lam as Chief Financial
Officer of the Company, effective April 23, 2007.
Mr. Lam comes to Points International with over a decade of senior public
company financial experience in the software, internet and technology
licensing sectors. Before joining Points International, he served as Corporate
Controller / Director of Treasury and Taxation to CryptoLogic Inc., a
world-leading online gaming software development company which trades on the
Toronto, NASDAQ and London stock exchanges. While there, he was active in
driving financial performance, financial reporting, cash management and
corporate compliance with SOX404/Bill198 requirements and gained valuable
regulatory experience in a multiple jurisdiction listing environment.
Mr. Lam's time at Cryptologic coincided with annual revenue growth from
US$34 million in 2002 to US$104 million in 2006.
Prior to CryptoLogic, Mr. Lam held Financial Controllership positions
with several high growth public companies, including SoftChoice Corporation,
PC DOCS Group International Inc. (acquired by Hummingbird Inc. and currently
trading as part of Open Text Corporation) and Microforum Inc. where he was
involved in various merger and IPO activity. Mr. Lam started his career with
PricewaterhouseCoopers LLP. He is a Chartered Accountant and holds a Bachelor
of Commerce Degree from the University of Toronto.
"We are very pleased that Anthony has joined the team as CFO," said Rob
MacLean, Points International's Chief Executive Officer. "His significant
industry experience, combined with his financial expertise, specifically his
public company experience, will be a great asset in helping to shape Points'
future. Anthony has helped to establish strong financial foundations at
several successful companies in Canada, including implementation of
Sarbanes-Oxley and other financial regulations, and has demonstrated solid
leadership abilities. We are excited to have him as part of our executive team
as we continue to expand our market presence and continue to build on Points'
industry leading position."
"Points International has developed a compelling portfolio of products
that are poised for further growth in the loyalty industry," commented
Mr. Lam. "I'm extremely excited to be part of the Company's executive team and
look forward to delivering on financial priorities and creating additional
value for our shareholders."
About Points International Ltd.
Points International Ltd. is owner and operator of Points.com, the
world's leading reward-program management portal. At Points.com consumers can
Swap, Earn, Buy, Gift, Share and Redeem miles and points from more than 25 of
the world's leading reward programs. Participating programs include American
Airlines AAdvantage(R) program, American Express(R) Membership Rewards(R),
Aeroplan(R), AsiaMiles(TM), Cendant TripRewards(R), Delta SkyMiles(R), Gold
Points Reward Network, InterContinental Hotels Group's Priority Club(R)
Rewards, and S&H greenpoints. Redemption partners include Amazon.com(R) and
For further information:
For further information: Points International: Christopher Barnard,
Points International Ltd., (416) 596-6381, firstname.lastname@example.org,
Corporate website: www.points.com/corporate; For investor relations: Allyson
Pooley, Integrated Corporate Relations, (310) 954-1100,