Roger L. Peirce has joined the board of directors of GRIC Communications, Inc. in Milpitas.
Peirce, 56, recently retired as group president of electronic funds services at First Data Corp. Prior to that, he was chief operating officer at Visa.
As head of First Data’s electronic funds services group, Peirce ran the company’s largest business unit, First Data Merchant Service (FDMS). During his tenure at the company, FDMS grew from approximately $100 million to $1 billion in annual sales, processing one out of every two Visa and Mastercard transactions in the U.S.
At Visa, Peirce, at various times, was responsible for delivery systems, risk control, member relations, marketing and advertising. He was a key part of Visa’s worldwide growth throughout the ’80s and early ’90s.
“The GRIC business model is very similar to that of Visa and First Data,” said Peirce. “All three provide a network that lets one party use the services of another. GRIC is really the ‘Visa of the Internet.'”
“Roger brings a wealth of experience to our board in the areas of transaction settlement and operations,” said Dr. Hong Chen, president and CEO of GRIC Communications. “His insight will be especially valuable as our transaction volumes ramp up substantially with the inauguration of global Internet telephony services this summer.”
Prior to his 13 years with Visa, Peirce was with IBM for 17 years, leaving as a national account manager. He holds a BA degree in mathematics from San Jose State University.
GRIC Communications is a leading clearinghouse for Internet telecommunications services. GRIC provides routing, user authentication, network management, billing and settlement services to Internet service providers (ISPs) and telephone companies worldwide, enabling global Internet roaming, corporate remote access, fax, and telephony.
GRIC members number more than 300 in over 80 countries, and have a combined subscriber base of more than 16 million dial up users and 20 million corporate users, making the GRIC alliance the largest managed network of Internet-based telecommunications services in the world.
The GRIC alliance is comprised of the world’s largest ISPs and telcos, including SpryNet, NETCOM, Singapore Telecom, NEC, Fujitsu Niftyserve, KDD/KCOM, NTT DATA, SANNET, Malaysia Telecom, Telecom Finland, Korea Telecom, FranceNet, Cybernet AG, Hong Kong Telecom, Samsung, Hyundai, Chungwha Telecom, and Telstra.
GRIC’s strategic partners include Check Point Software Technologies, Cisco Systems, Digital Equipment Corp., Lucent Technologies, Microsoft, NetXchange Communications, Open Port Technology, Oracle, and Siemens Business Communications Systems.
Founded in 1996 and privately held, GRIC Communications, Inc. has offices in California, Asia and Europe. For additional information, please contact GRIC at 1421 McCarthy Blvd., Milpitas, CA, 95035. Phone: 408/955-1920. Fax: 408/955-1968. Email: [email@example.com]. Web site: .