ATLANTA, Oct. 22 /PRNewswire-FirstCall/ -- Global Payments Inc. , a leader in payment processing services, announced today that the Atlanta Business Chronicle has named its Chairman, President and CEO, Paul R. Garcia, among "The Top Performing CEOs in Georgia." The October 10-16, 2008 issue of the local business publication ranked Garcia among the top 10 CEOs of Georgia's publicly owned companies during the five-year period ending December 31, 2007.
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To arrive at the list of the "Top Performing CEOs," Atlanta Business Chronicle ranks CEOs of publicly traded companies with at least five years' tenure by the shareholder returns produced over that time. The top 25 CEOs are listed, with individual profiles for the top 10 including Garcia, who ranked 7th. As described in Garcia's profile, an investment of $100 made in Global Payments Inc. stock on May 31, 2003 would have been worth $281.27 on May 31, 2008. Garcia is credited with leading several successful recent acquisitions and joint ventures internationally.
Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations (ISOs), financial institutions, government agencies, multi-national corporations and gaming establishments located throughout the United States, Canada, Latin America, Europe and the Asia Pacific region. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, check verification and recovery, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines. For more information about the company and its services, visit http://www.globalpaymentsinc.com/.
This announcement may contain forward-looking statements pursuant to the "safe-harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward looking statements involve risks and uncertainties such as product demand, market and customer acceptance, the effect of economic conditions, competition, pricing, development difficulties, foreign currency risks, costs of capital, continued certification by credit card associations, the ability to consummate and integrate acquisitions, and other risks detailed in the Company's SEC filings, including the most recently filed Form 10-Q or Form 10K, as applicable. The Company undertakes no obligation to revise any of these statements to reflect future circumstances or the occurrence of unanticipated events.
Contact: Phyllis McNeill
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