i2c, Inc. Announces Additions To Its Management Team

Redwood City, CA—April 7, 2011— i2c Inc., a payment processing innovator, today announced the addition of three executives to its management team. Charlie Noreen, Chief Financial Officer, Henry Gage, Jr., Vice President, Product Management, and Nevil Patel, Vice President, Operations, have already assumed the responsibilities of their respective roles.

Charlie Noreen comes to i2c with over 25 years of finance experience garnered at top technology companies. He is currently a partner at FLG Partners and has previously served as CFO for a number of companies, including Fuse Capital, BlueArc Corp., CyberSource Corp. and RockShox, Inc. Noreen is based in i2c’s corporate headquarters in Redwood City, CA.

As Vice President, Product Management, Henry Gage, Jr. is responsible for i2c’s product roadmap and the distillation of ideas into products that add value to clients and consumers. He has over 20 years of product experience from companies such as Hewlett Packard, Combinet and Cisco and expertise in software design, specification, testing and licensing. Gage is based in Redwood City, CA.

Nevil Patel has assumed the role of Vice President, Operations, based in i2c’s Lahore, Pakistan office. He has over 20 years of experience building high-performance teams that achieve operational excellence. Before joining i2c, Patel served as Chief Operating Officer at both S&L Solutions and Pi Sigma Group, IT consultancy and development companies.

“As demand for i2c’s My Card Place (MCP) prepaid card processing platform surges, we have strengthened our management team to ensure that we are well positioned for continued growth,” said Amir Wain, Chief Executive Officer of i2c. “The addition of Charlie, Henry and Nevil will help us improve operational efficiency and continue our history of introducing ground-breaking technology for prepaid card processing,” he said.

About i2c, Inc.

i2c, Inc. is an experienced and trusted payment solution provider that helps card issuers and program managers deliver profitable prepaid programs. Headquartered in Redwood City, California, i2c has nearly 400 employees across six sales and support offices worldwide serving clients in North America, South America, Europe, Africa and Asia. For more information, please visit i2cinc.com