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April 27, 2011

Press Release

Media Contact:
Ed Alba
Vice President of Marketing & Strategic Partnerships
(503) 610-1430

Priority Adds Financial Officer to Management Team

Industry veteran fills key role in time of company growth

Alpharetta, GA-based Priority Payment Systems, one of the top 50 bank card processors in the nation, has added Bruce Mattox, a key member to its management team. Mattox, an Atlanta native, has been hired as Priority's new Chief Financial Officer.

Mattox entered the merchant acquisition space in 1996 as a Controller and Director for the First Data Merchant Services and Wachovia Bank Alliance. Prior to this, he was the Vice President and Divisional Controller for Wachovia Bank of Georgia's card issuing program. Mattox has also held a variety of senior finance management positions with GE Capital's card issuing and retail finance business.

During his career, Mattox has been responsible for controllership of commercial loan portfolios, treasury and bank fund operations, business mergers and acquisitions and new product initiatives.

"Now in our fifth year as a company, with the tremendous achievements we make year after year, adding a talented individual like Bruce will enhance our financial guidance and leadership, allowing us continued growth for years to come. We are excited to have Bruce join our executive management team," says John V. Priore, President & CEO of Priority Payment Systems.

Mattox is a licensed CPA in the state of Georgia, a member of the Georgia Society of CPAs, and a member of the American Institute of Certified Public Accountants. He holds an undergraduate degree from Duke University, an MBA from the University of Phoenix, and is certified in Six Sigma process management. He is an avid baseball and softball enthusiast and shares these passions with his wife Kathy and two children.

Priority Payment Systems is one of the top 50 bank card processors in the industry. They are leading the Next Generation of Bank Card Processing with exciting new technologies, competitive pricing and world-class service and support. Priority Payment Systems enables merchants to accept credit cards, debit cards, gift cards, electronic checks and check conversion. Sales efforts focus on merchant acquisition through Independent Sales Organizations (ISO), Sales Agent offices, Financial Institutions, Independent Contractors, and Referral Partners.

For more information about Priority Payment Systems, please visit: www.prioritypaymentsystems.com