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Peter Maire Joins Cadmus Board

Peter Maire Joins Cadmus Board

AUCKLAND - 6 October 2004 - Payment solutions company, Cadmus Technology Limited (NZX: CTL), today announced the appointment of Navman founder, Peter Maire, as a Director. He replaces Phillip Joe, who has simultaneously resigned.

In August Maire acquired 18.4 percent of Cadmus stock through his company Tahia Investments Limited.

Says Maire: “I believe that Cadmus is a technology company with global potential and one where my skills and experience can really add value. It’s a genuinely good New Zealand company that produces world-class payment solutions. It’s ready to scale into international markets and I think I can help them with that.”

Cadmus Chairman Keith Phillips said, “Peter is a rarity amongst directors of technology companies. His engineering and manufacturing experience, coupled with his knowledge of the international market place and his proven commercial track record make him an invaluable resource for the company. Cadmus is fortunate to have him on its Board.

We thank Phillip for the contribution he has made to the business over the last two years and his commitment to the development of Cadmus.”

ENDS
About Cadmus Technology
Cadmus Technology Limited (NZX: CTL) designs, develops and implements innovative point-of-sale payment solutions for merchant businesses worldwide. The company is New Zealand’s largest manufacturer and exporter of payment terminals, with an increasing customer base developing internationally. The company offers payment and data management solutions, including EFTPOS and data capture terminals, loyalty programs and customer relationship management solutions. Cadmus also provides end-to-end payment solution and data management services for retail, business payment and transactional processing requirements.

Clients include Bank of New Zealand, TAB, Wellington Combined Taxis, Bartercard Australia Pty Ltd, On-Q Business Systems Pty Ltd, eScience Systems Malaysia, Paysys (M) SDN BHD, Coles Myer Australia, Caltex Australia, Harvey Norman Australia, Bi-low, Priceline and Franklin’s.

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