Stephen Diamond Joins i2c Inc. as Vice President, Client Account Management

Redwood City, CA—January 22, 2009—i2c Inc., an innovative provider of payment solutions, announced that Stephen Diamond has joined the company as vice president, client account management.

Stephen has 30 years of experience in the payments industry, with eight years of prepaid experience and a deep background in business and product development, strategic marketing, and risk management. Stephen was a leader in the development of the prepaid category in the U.S. as a senior business leader of prepaid products at Visa Inc. Among his many accomplishments during his 12-year tenure at Visa, Stephen launched the Visa teen and gift card products, expanded gift-card distribution to more than 120,000 branch and retail locations, worked with financial institutions to develop product concepts and service offerings, with one idea resulting in the Visa Buxx card, and managed the personalized Visa Rewards program.

At i2c, Stephen will lead and manage i2c’s client relationships, manage the account advocate group, and contribute to business development initiatives. He can be reached by telephone at +1 650.593.5400, extension 5024, and by e-mail at sdiamond@i2cinc.com.

“We are delighted to have a leader such as Stephen on our team. His industry and management experience will be invaluable as i2c expands its client base and product portfolio. Under Stephen’s direction, we will continue to provide enhanced customer care and the highest quality of service to our clients,” said Amir Wain, CEO of i2c.

About i2c Inc.

i2c Inc. is an experienced and trusted payments solution provider that helps card issuers and program managers deliver profitable prepaid programs. With MCP (My Card Place), i2c’s flexible, feature-rich, Prepaid2.0-ready processing platform, clients have complete control of their programs in real time.

With its value-added services, rewards and loyalty options, cardholder communication tools, and extensive analytics, MCP empowers clients to increase revenues, improve efficiency, reduce costs, and build a loyal cardholder base. i2c enables clients to launch new products faster, tailor programs for specific segments, and offer a variety of vertical solutions.

i2c holds ISO 27001-2005, CMMI, ISO 9001, PCI-DSS, and SAS70 certifications. i2c has headquarters in Redwood City, California, and more than 300 employees and five sales and support offices worldwide. Its customer support provides 24x7x365 service to its clients, which include companies in North America, Latin America, the Middle East, Asia Pacific, and Europe. For more information, please visit moodle.i2cinc.com/i2cinc.

Contact:

Monika Jerabek, Manager of Marketing and Communications
i2c,Inc.

Telephone: 650.593.5400, ext. 5017
E-mail: mjerabek@i2cinc.com
Web: moodle.i2cinc.com/i2cinc