Punchey Strengthens Executive Team: Appoints Stephen A. Johnson as Chief Financial Officer

January 13, 2013

Veteran CFO Tapped to Lead Rapid Growth of Next-Gen Marketing & Payment Platform Co.

BOSTON – January 13, 2013 – Punchey, Inc., the first company to integrate next-gen marketing with a payments platform to help small businesses grow, today announced that Stephen A. Johnson has joined its executive team as Chief Financial Officer. Johnson is a respected technology industry veteran with over 30 years of financial and operational leadership experience in building and scaling successful high-tech growth companies, both public and private, ranging in size from startup to globally-based operations, as well as leading successful IPOs, M&A transactions and various private equity and debt financings.

Mr. Johnson was formerly the Chief Financial Officer for Tervela, Inc., the leading developer of high-performance messaging systems for financial institutions. Prior to that, Johnson was CFO, Treasurer, and Secretary for ManageSoft Corporation, a multinational software company specializing in dynamic software management and compliance solutions. Before ManageSoft, he was EVP, CFO, and Treasurer at Centra Software, Inc., the leader in enterprise collaboration software, where he lead the company through a successful $80 million IPO. Earlier in his career, Johnson was the Director of Finance, Worldwide Field Operations, for Avid Technology, Inc., a highly successful $500 million public company that is the world leader in digital media creation tools. He was also an audit supervisor at PriceWaterhouseCoopers and a Certified Public Accountant.

“Steve is one of the best there is,” said Punchey’s CEO Nathanial Stevens, who previously founded Yodle, a successful $150M start-up. “We’re really excited to have Steve join our team. His accomplished skills at both the strategic and operational level, including developing top-performing finance teams to drive financial control and accountability throughout the organization, will be an important part of our success in scaling Punchey to becoming a world-class integrated marketing and payments platform player.”

Punchey provides a marketing and transaction platform for “the other 98%”. Now the other 98% of small and medium size businesses can finally afford an industrial-strength end-to-end marketing and transaction solution to grow their business.

“I consider this to be a tremendous opportunity,” said Johnson. “Punchey will revolutionize marketing for a huge and underserved market of SMB’s, by providing a low-cost automated marketing and transaction solution for the other 98% of businesses that previously had neither the resources nor knowhow to market their businesses cost effectively.”

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About Punchey

Punchey is a revolutionary marketing and payments platform company that help small business grow. Success-oriented small business owners select Punchey for its turnkey ability to attract and retain customers while maximizing their lifetime value. The company provides an end-to-end payment processing and marketing solution for small and medium-sized businesses, enabling them to get paid wherever, whenever, while giving customers a reason to come back again and again.

Punchey was founded by the noted serial entrepreneur and investor Nathaniel Stevens. Stevens previously founded Yodle.com, an Inc. 500 company that provides local online advertising and lead generation services. He also runs Stevens Ventures, a technology and media investment fund.

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