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Calpian, Inc. (CLPI) Operations Backed by Highly Qualified, Experienced Management Team

Company chairman and CEO Harold Montgomery has been in the payment processing business since 1987. Before leading the formation of Calpian, he was the CEO of A.R.T. Holdings, Inc. (dba Calpian from 2002 to 2009), a company that underwrote and acquired hundreds of merchant portfolios totaling approximately 35,000 merchants. His 23 years of payments industry experience includes work in the payments business including in the ISO, merchant payment processing and mobile payments vertical markets and in sourcing capital. He’s a widely known industry authority, a speaker at regional and national trade shows and writes a regular monthly column for Transaction World Magazine.

Craig Jessen is the president of Calpian, contributing his payment processing experience that started in 1991. He was the President of A.R.T. Holdings where he was responsible for the sourcing, underwriting, negotiation and funding of these acquisitions. Jessen has 23 years of experience in the payments industry, including experience with the ISO space, merchant payment processing, sales training, and business development and sourcing capital.

Calpian CFO David Pilotte has a broad-base of experience across many industries, and brings to Calpian more than 22 years of experience leading middle-market public companies including roles as CFO, COO, corporate controller, treasurer and independent advisor. During that time he has led 10 M&A transactions totaling $1.2 billion in value, raised and managed more than $550 million in financing and led public companies ranging from startups to those with over $700 million in revenues.

Laird Cagan is a director for Calpian and is managing director and co-founder of Cagan McAfee Capital Partners, LLC (“CMCP”), a private investment firm and merchant bank he founded in 1990. Since 2000, CMCP has founded and/or funded and taken public, 10 companies in a variety of industries including energy, alternate energy, healthcare and information technologies. CMCP portfolio companies have raised over $600 million.

Shashank Joshi is the managing director of Calpian’s Money-on-Mobile and has more than 18 years of professional experience in the areas of IT and ITES, outsourcing, transition and management consulting. He has been a pioneer in the successful execution of merchant cash advance and merchant processing businesses through the offshore route. Joshi has cross-border global experience of more than six years in “simplifying payments.”

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