Industry Veteran Jim Weber Joins Paramount as Director of Operations

LANCASTER, PA — Paramount Management Group announced today that Jim Weber has been named its new Director of Operations. Weber joins Paramount with more than 15 years of ATM industry experience.

Prior to joining Paramount, Weber served as vice president of operations at Payments Alliance International (PAI), the second largest independent ATM operator in the US where he served in several capacities in the operations and finance area of the company.

“We are extremely happy to welcome Jim to the Paramount family and look forward to his contributions as we achieve our aggressive growth plans,” Dennis Ream, Paramount’s COO/CFO said.

Jorge Fernandez, CDO/CMO, furthered by stating “having someone of Jim’s experience and thorough understanding of the many intricacies of the ATM industry fills an important role for our company at this stage in our growth. We are thrilled to have him join our growing family.”

“I am very excited to join the Paramount team and look forward to working with this very talented and committed group,” commented Weber. “As the ATM Industry continues to evolve, only companies that remain creative, offer value to their customers and business partners, and have the right vision and stability will achieve success. Paramount has demonstrated that they have these components and I am very proud to be a part of this winning team.”

ABOUT PARAMOUNT MANAGEMENT GROUP, LLC — A national leader in implementing solutions incorporating technology that allows consumers, retailers and financial institutions to interact with each other, Paramount’s services include the placement and operation of ATMs, digital media solutions and other value-added products and services at the ATM. The company’s Sharenet division specializes in providing ATM outsourcing solutions to financial institutions. Visit www.paramountmgp.com to learn more.