ANIL D. AGGARWAL JOINS PREPAID MEDIA AS CEO
Nashua, NH, April 5, 2006 – Prepaid Media, a leading provider
of media and information services to the prepaid card and other emerging
industries, today announced the appointment of Anil D. Aggarwal as
chief executive officer. He will also serve on the board of directors.
Aggarwal brings extensive experience to Prepaid Media with an established
track record of starting and growing new ventures.
"
We are very pleased to welcome Anil Aggarwal to the team as CEO," said
Jonathan A. Weiner, president, Prepaid Media. “Anil’s record
of success as a leader of high-growth organizations, and proven ability
to identify business opportunities and develop new products and services,
will help facilitate our rapid growth.“
“Prepaid Media has gained tremendous traction since it was founded last year, creating the leading conference and trade show for the prepaid card industry, the Prepaid Card Expo,” said Aggarwal. “I look forward to working with Jonathan and the rest of the team to expand the scope of Prepaid Media and serve the substantial media and information services needs of various emerging, high growth market segments.”
From 2004 to 2006, Aggarwal was chief executive officer and a director of TSYS Prepaid, a wholly owned subsidiary of Total System Services (TSYS) (NYSE: TSS). Previously, Aggarwal co-founded Clarity Payment Solutions, a leading venture capital backed prepaid card processor, for which he served as chairman and chief executive officer from inception in 1999 until 2004, when the company was acquired by TSYS. Aggarwal is also founder and chairman of the Network Branded Prepaid Card Association (NBPCA), a non-profit, inter-industry trade organization. In addition to being a proven entrepreneur, Aggarwal has held positions as a corporate lawyer and certified public accountant with internationally renowned law and accounting firms.
Aggarwal received his Juris Doctor cum laude and with honors in his concentration, business organizations and finance law, from Boston University School of Law and Bachelor of Science from Albright College. He is a recipient of the 2005 Albright College Distinguished Alumnus Award and the 2006 Young Lawyers Chair from Boston University School of Law, where he also serves on the Board of Visitors.
About Prepaid Media
Prepaid Media provides a host of business-to-business, integrated media and information services to numerous emerging industries. Areas of focus include: the rapidly emerging network branded prepaid and stored value card industry, encompassing prepaid Visa®, MasterCard® International, Discover® Network, American Express® and other network branded cards; the high growth consumer directed healthcare industry; and the quickly emerging unbanked and underserved markets.
Prepaid Media’s properties include the Prepaid Card Expo, the premier conference, exhibition and trade show for the network branded prepaid card industry. Prepaid Media will be launching other initiatives in the coming months.
As the various markets served by Prepaid Media continue to evolve, Prepaid Media serves as a trusted partner, providing relevant education and information, buying and selling opportunities, and organized networking to key market participants.