M2M

TMCNet:  Vindicia Names Doug Smith VP Client Services

[December 16, 2009]

Vindicia Names Doug Smith VP Client Services

REDWOOD CITY, CA, Dec 16, 2009 (MARKETWIRE via COMTEX) -- Vindicia, a leading provider of on-demand payment management software, today announced that Doug Smith has been appointed vice president of client services. Smith brings more that 20 years of experience in technology development and professional services to the role, one designed to help clients as they expand their online initiatives.

Prior to Vindicia, Smith was responsible for technology assessment and product portfolio strategy for Openwave Systems in the Office of the CTO. Before Openwave, Smith was a regional CTO for Portal Software, where he led relationships with strategic accounts in both professional services and product technology.

"Doug's expertise will be critical as we scale our client services organization," said Vindicia Chairman and CEO Gene Hoffman. "His experience in implementing sophisticated technological solutions, added to his ability to work very closely with clients to fully leverage those solutions, make him an ideal addition to our executive team." "Vindicia saw that online merchants were being underserved early on -- and their leadership position underscores their keen understanding of the market and their ability to help those in this unique space," said Smith. "As demand for Vindicia CashBox(TM) continues to increase, I look forward to putting my experience to work in helping merchants optimize their customer acquisition and retention capabilities." About Vindicia Vindicia offers an on-demand strategic billing solution for marketing and sales that manages subscriptions and one-time payments for online merchants. We work with some of the best-known brands on the Internet, including Symantec, Activision Blizzard, Intuit, and Atari/Cryptic. As an externally audited PCI Service Provider and a SAS 70 Type II company, Vindicia securely handles online revenue of over a billion dollars annually. For more information, visit www.vindicia.com.

Contacts: Sanjay Sarathy Vindicia, Inc.

650-522-4490 Email Contact Juli Greenwood CHEN PR 781-672-3137 Email Contact SOURCE: Vindicia http://www2.marketwire.com/mw/emailprcntct?id=E9FBB474BA5C4069 http://www2.marketwire.com/mw/emailprcntct?id=D165E43A1269977D

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