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Planet Payment Appoints Charles J. Giglia as CIO

LONG BEACH, N.Y., Jan. 7, 2015 (GLOBE NEWSWIRE) -- Planet Payment, Inc. (Nasdaq:PLPM), a leading provider of international payment and transaction processing and multi-currency processing services, announces today that it has appointed Charles J. Giglia as the Company's Chief Information Officer, effective January 5, 2015.

Mr. Giglia was a founder of Dealertrack Technologies, Inc., serving as SVP Chief Information Officer. As part of the executive team from JP Morgan Chase, Mr. Giglia helped spin off and build Dealertrack into a publicly traded company. Previously Mr. Giglia served as VP Software and Infrastructure Engineering with Chase Retail Lending. Mr. Giglia holds a BS in computer science and a MBA in management, with a specialty in management information systems from New York Institute of Technology.

"We are pleased to have Charlie join as our new head of technology," said Robert Cox, CFO and COO of Planet Payment. "His knowledge and expertise will be instrumental in leading Planet Payment into its next phase of growth and development."

About Planet Payment

Planet Payment is a leading provider of international payment and transaction processing and multi-currency processing services. We provide our services in 23 countries and territories across the Asia Pacific region, the Americas, the Middle East, Africa and Europe, primarily through our 70 acquiring bank and processor customers. Our point-of-sale and e-commerce services help merchants sell more goods and services to consumers, and together with our ATM services are integrated within the payment card transaction flow enabling our acquiring customers, their merchants and consumers to shop, pay, transact and reconcile payment transactions in multiple currencies, geographies and channels.

Planet Payment is headquartered in New York and has offices in Atlanta, Beijing, Bermuda, Delaware, Dubai, Dublin, London, Hong Kong, Mexico City, Shanghai and Singapore. Visit www.planetpayment.com for more information about the Company and its services. For up-to-date information follow Planet Payment on Twitter at @PlanetPayment or join Planet Payment's Facebook page.

CONTACT: Planet Payment, Inc. Robert Cox, CFO and COO Tel: + 1 516 670 3200 www.planetpayment.com

Source:Planet Payment