Statement From Joseph W. Saunders, Chairman and CEO, Visa Inc. Regarding Visa Shares Trading on the New York Stock Exchange
19.03.2008, 16:38
San Francisco (USA) 19 March (PROTEXT/PRNewswire) - Visa Inc.'s (NYSE: V)Chairman and Chief Executive Officer, Joseph W. Saunders, today made thefollowing statement:
"This is an exciting and historic day for Visa. It marks the culmination ofa more than two-year process that led to our global reorganization and ourbecoming a public company.
"This milestone could not have been achieved without the support of ouremployees and our client financial institutions. They see the potential inVisa Inc. as a public company. We believe Visa's new structure positions usto meet the changing needs of our merchant and financial institutionclients around the world as we seek to enhance and grow the products andservices we provide to our customers.
"We operate in a large global market undergoing a significant shift fromcash and check to electronic payments. We believe Visa is well positionedto build upon our past success and take advantage of this migration toelectronic payments."
"This confidence is a result of our unique assets including ourglobally-recognized and trusted brand; superior centralized processingnetwork; comprehensive products and services; and diverse and long-standingclient relationships."
"We believe these assets provide the foundation for our future success."
Contacts:
Sandra Chu, Media Relations
Visa Inc.
Tel: +1-415-932-2564
E-mail: globalmedia@visa.com
Source: Visa Inc.
Sandra Chu, Media Relations, Visa Inc., tel.: +1-415-932-2564, e-mail:globalmedia@visa.com
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