ENGLEWOOD, Colo., Sept. 8 /PRNewswire-FirstCall/ -- CSG Systems
International, Inc., (Nasdaq: CSGS) announced today that Neal Hansen, chairman
and chief executive officer, established a plan to sell stock on a regular
basis.
(Logo: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO )
The plan is in accordance with the Rule 10b5-1 of the Securities and
Exchange Commission. The rule permits employees to adopt written plans at a
time when they are not in possession of material nonpublic information and to
sell shares according to plan on a regular basis, regardless of stock price or
any subsequent nonpublic information that might be received.
"I've held the majority of my stock for nearly 10 years," Hansen said.
"This pre-determined plan will allow me to diversify a portion of my holdings
in an orderly manner."
About CSG Systems International
Headquartered in Englewood, Colorado, CSG Systems International
(Nasdaq: CSGS) is a leader in next-generation billing and customer care
solutions for the cable television, direct broadcast satellite, advanced IP
services, next generation mobile, and fixed wireline markets. CSG's unique
combination of proven and future-ready solutions, delivered in both outsourced
and licensed formats, empowers its clients to deliver unparalleled customer
service, improve operational efficiencies and rapidly bring new revenue-
generating products to market. CSG is an S&P Midcap 400 company. For more
information, visit our Web site at http://www.csgsystems.com.
SOURCE CSG Systems International, Inc.
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Related links: http://www.csgsystems.com
Photo Notes: NewsCom: http://www.newscom.com/cgi-bin/prnh/20020627/CSGSLOGO AP Archive: http://photoarchive.ap.org PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call: http://www.prnewswire.com/comp/126879.html
CONTACT: Carrie Schafer, +1-303-804-4075, carrie_schafer@csgsystems.com, or Liz Bauer, +1-303-804-4065, liz_bauer@csgsystems.com, both of CSG Systems International, Inc.
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