BlueSnap, Inc. Names Leading Payments Executive Ralph Dangelmaier as Chief Executive Officer

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Will Lead Expansion Strategy Leveraging Platform and Growth Momentum

Commerce Anywhere

“BlueSnap offers a very strong value proposition to its customers and is favorably positioned to take advantage of the robust trends of the digital economy using e-commerce and mobile.

BlueSnap, Inc., an e-Commerce and mobile solutions provider delivering extensive global payment processing capabilities to thousands of software publishers (applications), Web hosting companies and online retailers, appointed Ralph Dangelmaier as the Company’s new Chief Executive Officer and member of the Board of Directors.

“We are delighted to announce Ralph’s appointment as CEO of BlueSnap.” said Matt Vettel, Managing Partner of Great Hill Partners which is the majority shareholder of BlueSnap. “The breadth of his experience from leading early stage businesses to running a global payment software organization makes him uniquely qualified to lead BlueSnap’s expansion strategy.”

“I am excited to join BlueSnap as its CEO.” commented Mr. Dangelmaier. “BlueSnap offers a very strong value proposition to its customers and is favorably positioned to take advantage of the robust trends of the digital economy using e-commerce and mobile. I look forward to working with the team to help build upon its platform and growth momentum. BlueSnap makes our customers successful because we excel at turning on-line browsing into buying.”

Mr. Dangelmaier brings over 25 years of payment processing experience most recently as the President of Global Markets and Services for ACI Worldwide, a global provider of electronic payment software and solutions to over 1,600 retailers, processors and financial institutions worldwide. Prior to ACI, Mr. Dangelmaier was the CEO of P&H Solutions, leading the business from its early stages to over $40 million of revenue before being acquired by ACI in 2006.

About BlueSnap
BlueSnap is a global cloud provider of e-commerce and mobile solutions for the rapidly changing needs of today’s digital goods companies. Helping over 5000 global merchants optimize customer payment processing to maximize revenue, BlueSnap supports over 140 countries, with 60 currencies in 25 different languages. Built on proven technology that leverages more than a decade of digital commerce expertise, BlueSnap provides a compliant and secure business environment that scales the consumer experience and turns browsers into buyers. For more information visit http://www.bluesnap.com .

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Media Contact: Charles Born
BlueSnap
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