Calpian Adds Additional Global Payments Expertise

Jun. 4, 2015 8:01 am

DALLAS, TX and MUMBAI, INDIA / ACCESSWIRE / June 4, 2015 / Calpian, Inc. (OTCQX: CLPI), an innovative global mobile payments technology and processing company announced today that Will Dawson has joined the Company as the Executive Vice President, Mobile Money. Mr. Dawson joins the Calpian management team to focus on Money-on-Mobile, which as of April 2015 passed the two billion Rupees (Rs) per month in processed volume. Mr. Dawson's firsthand experience at launching a wide range of mobile money services including ecommerce, remittance, bill payment, cash in, and cash out as well as bringing external parties into a new payment network will help Money-on-Mobile as the Company expands service offerings and broadens its partnership base.

Prior to joining Calpian, Mr. Dawson was the Chief Operating Officer at Mobile Payment Solutions (MPS), a joint venture between MasterCard and Smart Communications in the Philippines. The company launched mobile money programs in Asia, the Middle East and Latin America. At MPS, Mr. Dawson managed the roll out of their mobile money solution in Turkey in partnership with the leading mobile network operator and two banks, and in Egypt with the Central Bank, a mobile network operator, a bill payment network and one of the largest banks. After MasterCard acquired MPS, Mr. Dawson managed MasterCard's relationships with the largest MNOs in Europe and Latin America; the relationship with the mobile operator trade association (GSMA); and with the leading mobile money platform providers.

"Shashank Joshi, President of Mobile-on-Money, and Harold Montgomery, CEO of Calpian, Inc., have created one of the most successful mobile money services in the world. Mobile-on-Money is currently ranked at number three globally based on GSMA's March 2015 reported findings. They have accomplished this while in only three years, touching 15% of India's population of 1.2 billion people. I look forward to working with them both as we grow our consumer base, expand our agent network, and launch new services," says Mr. Dawson.

About Calpian

Calpian, Inc. is a global mobile payments technology and processing company offering mobile payment services through Indian subsidiary Money-On-Mobile and domestic transaction services through Calpian Commerce. Money-On-Mobile is a mobile payment service provider that enables Indian consumers to use their mobile phones to pay for goods and services, or transfer funds from one cell phone to another using simple SMS text functionality. Calpian Commerce provides the U.S. merchant community with an integrated suite of payment processing services and related software products. Read about Calpian and Money on Mobile in The New York Times at New York Times – Money on Mobile.

Safe Harbor Statement

This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity.

This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed on August 11, 2014. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Investor Relations Contact:

Adam S. Holdsworth
Managing Director, PCG Advisory Group |
535 Fifth Avenue, 24th Floor | New York, NY 10017
Direct: 646.862.4607 | Email:

SOURCE: Calpian, Inc.

June 4, 2015 - 8:01 AM EDT

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