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CSG Systems Announces New Chairman of the Board

CSG Systems International, Inc. (NASDAQ: CSGS), a leading provider of customer interaction management and billing solutions, today announced that telecommunications industry veteran and current independent board member Don Reed was elected Chairman of the Board effective January 1, 2010. Bernie Reznicek, current independent Chairman of the Board, remains a board member and continues to chair its Audit Committee. The election of Reed was made in conjunction with the board's governance practices to rotate key board positions periodically.

"Bernie has provided great leadership to CSG Systems for over 12 years on our Board, including 4 years as Chairman, and we are pleased that he will continue to serve on our Board," said Peter Kalan, president and chief executive officer of CSG Systems. "In addition, we are pleased to have Don Reed as our new Chairman of our Board. Don has been a member of our Board since 2005 and brings a wealth of strategic and operational expertise to us as we continue to focus on increasing shareholder value."

"The telecommunications industry is at an interesting juncture with new technologies and services providing consumers with much more compelling and interactive experiences," Reed said. "I am pleased to be working with a company who has a strong commitment to investing in its people, its products and its solutions to enable our clients to successfully maximize their business objectives and their customers' experiences. We have a strong management team and an outstanding board of directors who are committed to ensuring that this company continues to create value for its clients, its employees and its shareholders."

Reed is currently retired and has more than 30 years' experience in the telecommunications industry including his most recent assignment as Chief Executive Officer for Cable & Wireless Global, an international provider of internet protocol (IP) and data services to business customers. Prior to that, Reed held several different several different executive and operational positions at Cable & Wireless, Cabletron Systems, NYNEX and New England Telephone. In addition to CSG Systems, Reed serves on the boards of Idearc Media (formerly Verizon Yellow Pages) and Aggregate Industries, a wholly owned subsidiary of the Holcim Group, based in Switzerland.

About CSG Systems

Headquartered in Englewood, Colorado, CSG Systems International, Inc. (NASDAQ: CSGS) is a customer interaction management company that provides software- and services-based solutions that help clients engage and transact with their customers. With a 25-year heritage in providing customer management and billing solutions to North American cable and direct broadcast satellite companies, CSG has broadened its customer interaction management capabilities to proudly serve this client base as well as new, highly competitive industries including financial services, healthcare, utilities and more. Today, CSG's solutions reach more than half of all US households each month and manage over $36 billion in transactions annually on its clients' behalf. For more information, visit our website at www.csgsystems.com.

SOURCE: CSG Systems

CSG Systems 
Investor Relations 
Liz Bauer, 303-804-4065 
liz_bauer@csgsystems.com

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Related terms: billing, business, ceo, colorado, executive, financial services, healthcare, internet, media, nasdaq, president, products, satellite, software, switzerland, telecommunications, utilities, wireless

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