Chockstone Expands Board of Directors with the Addition of David Shuman.PORTLAND, Ore. -- Chockstone, Inc., a leader in stored value, loyalty and transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. for national retailers, today announced the addition of David Shuman to its board of directors. Mr. Shuman is a Partner of Bridger Capital LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of based investment fund with over $1 billion in capital, and is responsible for the firm's media and communications investments. As an active investor in several technology companies, including Spinner.com (acquired by AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ) and SupplierMarket.com (acquired by Ariba), Mr. Shuman brings valuable experience to Chockstone during a phase of rapid growth. Mr. Shuman also serves as a Director of JRG JRG joint review group (US DoD) JRG Junta Revolucionaria de Gobierno (Revolutionary Governing Junta; El Salvador) JRG Jim Roberts Group Software and Sesac, and serves as a member of the Global Advisory Board for Endeavor, a not for profit dedicated towards stimulating economic development in emerging markets through venture capital. "David's experience and judgment will be invaluable to the future of Chockstone," said Jeffrey Lipp, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and President, Chockstone. "I very much look forward to his input in the boardroom." "I was attracted to Chockstone due to the people and technology. Chockstone's value proposition has already been proven with several national retailers who have experienced cost effective increases in customer frequency," said David Shuman. "I look forward to contributing in their emergence as a leader in the payments processing industry." About Chockstone, Inc. Chockstone is the Technology Behind Stored Value(TM). A leader in stored value, loyalty and transaction processing, Chockstone operates card-based programs for national retailers seeking to differentiate their gift card programs. Chockstone offers retailers Single Swipe(TM), the most innovative gift card program available in the market. Through POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , Web & Kiosk environments, Single Swipe(TM) combines gift card usage, customer loyalty programs and targeted marketing campaigns for retailers and their consumers. Single Swipe(TM) is currently motivating millions of consumers to increase their visit and purchasing frequency at many of the nation's largest retailers. To learn more about how Chockstone has transformed everyday transaction processing data into valuable business intelligence, please visit www.chockstone.com or call 503-227-7600. |
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