SK C&C Appoints Keith B. Smith, President and COO for SK C&C Mobile Commerce

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Industry veteran to lead mobile commerce charge in the U.S.

SK C&C Mobile Commerce offers a variety of mobile payment solutions

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SK C&C, a leading global payments integration company, today announced the appointment of Keith B. Smith as President and COO of SK C&C Mobile Commerce. He succeeds Dan Smith in his new role. Dan has left to pursue other opportunities.

“We are fortunate to have someone of Keith’s caliber at the ready to take the helm. Since joining the SK C&C team in 2009, Keith continues to demonstrate his skills as a proven leader and an extremely knowledgeable and capable individual. Working in senior level roles at companies such as Vital Processing, Concord EFS, Pre Holdings and Firethorn – Keith is uniquely qualified to lead the mobile commerce arm of SK C&C,” said Shin-Bae Kim, Vice-Chairman & CEO, SK C&C.

This release comes on the heels of their recent announcement of the opening of the worldwide headquarters for the SK C&C m-Commerce Center of Excellence in Atlanta, Georgia. Under Smith’s leadership, SK C&C will be well positioned to share a full range of Mobile Commerce Eco System solutions to the US mobile commerce market. As the major stock holder of SK Holdings, the holding company of a leading Mobile Network operator in South Korea and leading Financial Institution, SK C&C brings much needed expertise and proven technology to the US market.

Says Keith Smith, President/COO of SK C&C Mobile Commerce, “This is an exciting time for mobile and m-Commerce. We literally sit poised on the threshold of mCommerce becoming a part of the daily life of the US consumer. One of my first initiatives is finalizing the core team here in the US that will enable us to quickly engage critical partners. We see SK C&C Mobile and our partners as being the cornerstone to bring to the states what SK C&C has successfully done in numerous markets overseas.”

SK C&C will collaborate with financial institutions, retailers and mobile operators from the global industry to continue the development of innovative convergence services for both US customers and customers worldwide.

About SK C&C
SK C&C Co., Ltd. provides system integration (SI) and consulting via four categories of services - consulting, SI, IT outsourcing, future business(Green IT, Convergence business, etc).

With US headquarters in Atlanta, Georgia, SK C&C Mobile Commerce offers a comprehensive suite of mobile commerce products that cover mobile banking, mobile payment and Trusted Services Manager with market proven technology. Over 3,400 employees contribute to the success of SK C&C’s project around the globe and helped achieve annual revenue of $1.2 billion in 2009. SK C&C is the major stock holder of a holding company (SK Holdings) of SK Group.

For more information, visit http://www.skccmobilecommerce.com or contact Jeffrey Lee at jeffrey.lee(at)skcc(dot)com.

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Jeffrey Lee
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