SOURCE: BillMyParents

BillMyParents

November 13, 2012 07:00 ET

Seymour Siegel Appointed to BillMyParents Strategic Advisory Board

SAN DIEGO, CA--(Marketwire - Nov 13, 2012) - BillMyParents, Inc. (OTCQB: BMPI) -- the Responsible Teen Spending Company -- has appointed longtime strategic business advisor and former CPA Seymour Siegel to its Strategic Advisory Board.

"Mr. Siegel brings us his extensive experience with long range business planning as well as new business development," said Mike McCoy, BillMyParents' Chairman and Chief Executive Officer. "He ably applies his strong financial point of view to all aspects of businesses he has and continues to advise, from finance sourcing to forming robust strategic alliances and more. We are very glad to welcome him to our strategic advisory board."

In 1974, Mr. Siegel founded Siegel Rich & Co., CPAs, a CPA firm where he directed operational management and was a key advisor to firm clients. The company merged with large regional accounting and consulting firm Weiser LLP in 1990. Mr. Siegel went on to establish a full-service business advisory firm in 1994, which became part of Rothstein Kass in 2000. Today, he is Principal Emeritus at Rothstein Kass, a national CPA and consulting company with over 1,000 members.

Over the past 20 years, Mr. Siegel has served on the boards of numerous public companies, spanning such diverse industries as aircraft manufacturing, energy and sustainability solutions and digital products bringing TV to user PCs. Currently, he is a director and Chair of the Audit Committee at Hauppauge Digital Inc. and Air Industries Group, Inc. In addition, Mr. Siegel recently joined the boards of Premier Alliance Group and Status Media Group, and is the Chair of the Audit Committee for both firms.

For more information, please visit: www.BillMyParents.com

About BillMyParents
BillMyParents, Inc. (OTCQB: BMPI), the Responsible Teen Spending Company, offers a solution for parents who want to help their teens develop smart spending habits. The BillMyParents SpendSmart MasterCard card is the instantly trackable, reloadable MasterCard prepaid card that lets parents and teens track spending in real time. Features include the ability to instantly lock, unlock and reload the card at any time; text alerts to parents and teens showing real-time transaction details with each purchase; and the freedom and security of a MasterCard prepaid card without the risk of overdrafts, accruing debt or affecting credit scores. BillMyParents provides parents with a modern way to help teach their teens financial responsibility, when it counts. For more information, please visit www.BillMyParents.com.

The SpendSmart Prepaid MasterCard card is issued by University National Bank, member FDIC. MasterCard and the MasterCard brand mark are registered trademarks of MasterCard International Incorporated.

Certain statements contained in this press release are "forward-looking statements" within the meaning of federal securities laws, including, without limitation, anything relating or referring to future financial results and planned business activities. Such statements are inherently subject to risks and uncertainties, which include, without limitation, those in Company reports filed with the SEC. The Company can give no assurance that such expectations will prove correct. Future events and actual results could differ materially from those statements.

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