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For more information about our company and management team please write to us at
info@transactis.com

Advisory Board / Key Investors

Karen Barrett

Ms. Barrett is a 25-year financial services veteran and is currently the president of M2B Solutions. She is a former banking executive of Bank One (now JP Morgan Chase) who specialized in developing innovative and patented products. Such products have included the Merrill Lynch CMA account and the 401(k) credit card. Ms. Barrett managed Bank One's dial terminal authorization service later adopted by Visa. She was the senior managing director of Bank One's Institutional Trust Admin Division as well as the senior vice president of the Huntington Bank proprietary mutual fund. Ms. Barrett also developed the systems to support the first broker-managed ERISA accounts for E. F. Hutton Trust Co. (Citigroup).

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William J. Benedict, Jr.

Mr. Benedict is President of Alpine Meridian, an advisory and investment firm focused on information services, Internet, financial services, and healthcare industries. He is also managing partner of Resource Ventures, L.P., a venture capital fund that invests in Internet media and technology businesses, and chairman of Reach Financial, LLC, a specialty finance company. Prior to founding Alpine Meridian, Mr. Benedict held management and trading positions with Societe Generale, including responsibility for Societe Generale's U.S. National Banking Department. Prior to Societe Generale, Mr. Benedict was a corporate lending officer with Chase Manhattan Bank in New York and Tokyo. He was a co-founder of LaSalle Commodities, a futures investment fund, and Realty Factors, Inc. a real estate finance firm. Mr. Benedict is a director of Formtek, Directories, Inc., and Good Health Advertising.

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Jack W. Calabrese

Mr. Calabrese began a distinguished four-decade career in 1965 with First National Bank of Denver, acquired by First Interstate which included positions in lending, operations and marketing. Mr. Calabrese managed the Cash Management business and, as Senior Management Committee Member, represented all Bank Operations for the Denver Bank as well as lead many areas for First Interstate Bank. In addition, Mr. Calabrese was a member of the Federal Reserve Bank of Kansas City. Recruited by First Data Corporation (FDC) in 1992, Mr. Calabrese held various positions helping the company grow from under $1B to over $10B in annual revenue. Since his departure from FDC in 2002, Mr. Calabrese has created retail and real estate businesses mentoring new and seasoned entrepreneurs.

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Adam Coyle

Mr. Coyle is an Operating Partner with Advent International, a global private equity firm with extensive experience in the financial service and transaction processing sectors. Prior to working with Advent, Mr. Coyle was at First Data Corporation where he was President of First Data's Integrated Payment Systems group (IPS), a business unit comprised of four distinct subsidiaries that focused on providing transaction processing and risk-management services to financial institutions and their clients. In addition to his position as President of IPS, Mr. Coyle served as the President of First Financial Bank, First Data's limited-purpose banking subsidiary. His career at First Data also included a variety of corporate roles, including Senior Vice President of Strategic Business Development and General Counsel of Western Union North America. He is a past board member of several corporations and was recently reappointed by the Governor of Colorado to the State Banking Board, which oversees state-chartered financial institutions in Colorado. Mr. Coyle also holds two U.S. Patents on processes and technology related to payment disbursement systems.

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Lewis Gersh

Mr. Gersh is the Managing Partner of Metamorphic Ventures, a venture capital firm he founded that focuses on early stage ventures in the media and financial technology sectors. Mr. Gersh is a Director and the Treasurer of Tranvia, Inc., a transaction processing firm providing integrated Visa, MasterCard, gift card, customer loyalty and e-commerce features, to smaller banks, Independent Sales Organizations and small to medium-sized merchants nationwide; Reach Financial, a merchant lending company specializing in advances to small merchants backed by their credit card volume; IndustryBrains, Inc., a performance advertising network focused on the B2B market; Fast Asset Corp., a computer industry asset recovery and logistics firm; Resource Ventures, LP, a late stage private equity fund; Empire Media, Inc., an integrated media publishing company; and the Pierce Law Center, a world leader in intellectual property law. Mr. Gersh has founded several start-ups, secured many rounds of venture capital and made a number of acquisitions and divestitures. Mr. Gersh has a law degree and master’s degree in intellectual property law and is a member of the bar of the State of New York.

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Geoff Judge

Mr. Judge worked at American Express in the Card Division in several key roles including VP and General Manager, Travel & Corporate Insurance Group and VP Marketing, New Cardmember Group. He is a Venture Partner at iNovia Capital and Metamorphic Ventures and sits on the board of Global Cash Access (NYSE: GCA). Mr. Judge is an investor in early stage companies and an active member of The NY Angels. Mr. Judge was the COO of Preclick, a Digital Photography software firm, an investor in IndustryBrains (sold to Marchex Nasdaq: MCHX), Collective Media, Preclick, Payoneer, Hyperquality, JiWire, Good Health Advertising, SchoolLoop and ReImage to name a few. Prior to Preclick, he was the Chief Operating Officer of Media Solution Services Inc., the market leader in credit card billing insert media and a subsidiary of Havas (Nasdaq: HAVS). Prior to MSS, Mr. Judge was Senior Vice President & General Manager of the Media Division at 24/7 Real Media, and a co-founder of the company. He was formerly the President and Chief Operating Officer of Interactive Imaginations, one of the three companies that merged to form 24/7 Media in 1997. Prior to joining Interactive Imaginations, Mr. Judge was Vice President, Marketing for iMarket Inc., a venture-backed software company.

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Vincent Passione

Mr. Passione is CEO of Fynanz, an innovative web-based student lending/risk management business for banks and credit unions. He is a financial services executive whose specialty is building high growth technology based businesses. Mr. Passione was the former Chief Operating Officer of DealerTrack, a credit portal that connects car dealers to financing sources enabling the electronic submission of credit applications. DealerTrack had a successful public offering in 2005 and today processes over 35% of all auto finance loan applications in the U.S. Prior to DealerTrack, Mr. Passione was President of Ameritrade's Institutional Client Division where he was responsible for launching Ameritrade Connection, a clearing services platform for registered investment advisors and independent broker/dealers. He is the former CEO of OnMoney.com, an online personal financial management website enabling its customers to aggregate all their financial services accounts into a single online statement. For the first twelve months after its launch, OnMoney was in the top five most visited financial websites with just under one million register users. Prior to OnMoney, Mr. Passione held several senior level positions at Citigroup that included CTO of their U.S. Consumer Bank and COO of CitiFinancial Interactive. He began his career at IBM.

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