SOURCE: CardStar, Inc.

CardStar, Inc.

October 04, 2010 11:00 ET

Michael Pratt Joins CardStar as Chief Operating Officer

Veteran Financial Executive Will Lead CardStar's Finance and Operations Strategy

BOSTON, MA--(Marketwire - October 4, 2010) -

NEWS FACTS

  • CardStar, the leader in mobile loyalty card applications, today announced that Michael Pratt, former chief financial officer for Trust Digital, has joined the company as its chief operating officer. 

  • Pratt joins CardStar with more than 35 years of management and finance experience, as well as more than two decades of involvement in the startup and venture capital industry at companies such as Trust Digital, SentitO Networks and Galt Associates, Inc.

  • While at Trust Digital from 2006 to 2010, Pratt played a crucial role in the company's acquisition by McAfee, and also negotiated and closed Trust Digital's first OEM relationship with a $2 billion company in the end point security space.

  • At Galt Associates, Inc., Pratt managed the company's finance, human resources, IT, legal and administration groups. Pratt played a pivotal role in the company's 2006 acquisition by Cerner Corporation.

  • Pratt will work closely with Andy Miller, CardStar's chief executive officer, to guide the company's finances and future business activities.

  • CardStar is the most widely used mobile loyalty application in the world. Since launching in 2009, it has experienced 2.2 million downloads and currently services more than 750,000 active users.

LINKS:
Please use this link to access CardStar
CardStar Twitter feed
Michael Pratt's Bio

PRE-APPROVED QUOTES:

  • "Michael brings with him a wealth of industry experience and knowledge that will be a huge asset to CardStar as we continue to look at new ways to deliver personalized content to users from preferred retailers and manufacturers." -- Andy Miller, CardStar CEO

  •  "Having worked with a handful of major players in the enterprise mobility industry, I know firsthand how dynamic the mobile space is. CardStar presented me with a unique opportunity to join a company with a leading consumer mobility app that truly connects consumers to the enterprise, enabling both groups to mobilize loyalty." -- Michael Pratt, CardStar COO

Please contact Kristine Lee to arrange an interview.

ABOUT CARDSTAR
CardStar Inc. is a privately held software company developing mobile applications that perpetuate the use of loyalty cards and mobile coupons. The CardStar application consolidates membership and rewards cards on smartphones -- letting consumers access scannable cards from within a single app and enabling merchants to tailor mobile deals and information to their customers. The company was founded in 2008 and is headquartered in Boston, Massachusetts. For more information, visit www.mycardstar.com.

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