BREACH, COMPETITION NOT ENOUGH TO ALTER SALES MODEL, HEARTLAND EXEC SAYS.(Heartland Payment Systems Inc.)(Report)(Brief article)

Heartland Payment Systems Inc. executives told analysts yesterday they see no reason to change the company's sales structure in the face of increasing competition and dealing with the repercussions of a security breach to the Princeton, N.J.-based processor's networks (CardLine, 1/23). Heartland released its fourth-quarter 2008 and fiscal 2008 results yesterday. Heartland had 1,116 relationship managers at the end of the year who directly interact with merchants, up 4% from the 1,119 a year earlier. The processor's account-manager staff separately totaled 293, or 22% more than the 229 total at the end of 2007. Heartland employs its sales staff instead of using independent …