Auctionpay Appoints William Chenevich to Board of Directors

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Auctionpay, a privately held company that delivers powerful fundraising solutions to the nonprofit market nationwide; today announced the appointment of William Chenevich to its Board of Directors.

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Auctionpay, a privately held company that delivers powerful fundraising solutions to the nonprofit market nationwide; today announced the appointment of William Chenevich to its Board of Directors.

Mr. Chenevich has had a distinguished career in the financial services industry. He currently serves as Vice Chairman of U.S. Bancorp, a position he has held since the merger of Firstar Corporation and U.S. Bancorp in February 2001. At that time he assumed responsibility for all of the Technology and Operations Services for U.S. Bancorp.

"Bill's expertise in the banking and financial processing industries will be invaluable to the board of directors and our management team," said Steve Sterba, CEO of Auctionpay. "Auctionpay is poised for continued growth in the nonprofit technology market, and Bill will play a key role in our operational excellence, as well as enhancing our channel and partner development expertise. We look forward to Bill's energy and contributions."

Chris Onan, General Partner at Appian Venture Partners in Denver, said, "We are very pleased to welcome Bill to the Board. The Auctionpay management team will benefit from the addition of his extraordinary and relevant experience; and Bill will add an important perspective as we continue to accelerate the company's growth."

Mr. Chenevich served as Vice Chairman of Technology and Operations Services of Firstar Corporation from 1999 to 2001. Prior to joining Firstar he was Group Executive Vice President at Visa International. In addition to Auctionpay, he currently serves on the boards of directors for VeriSign and Regence BlueCross BlueShield. Mr. Chenevich holds a B.B.A. degree in Business from the City College of New York and a M.B.A. degree in Management from the City University of New York.

About Auctionpay
Auctionpay, headquartered in Portland, Oregon with satellite offices around the country, is dedicated to providing technology solutions to the nonprofit community in order to improve their fundraising efforts. Since 2002, Auctionpay has processed more than $750M in credit card payments in support of nonprofit causes for over 5,500 organizations and schools across the United States. Auctionpay was selected among Inc. magazine's 500 fast growing companies in 2007. For more information, visit http://www.auctionpay.com.

Contact information:
Alison Hart
Auctionpay, Inc.
(503) 597-0558
ahart(at)auctionpay.com
http://www.auctionpay.com

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Alison Hart
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