ChoicePay Names New Chief Technology Officer and Vice President Of Sales and Marketing

TULSA, OK, December 07, 2005 - ChoicePay, one of the nation's largest electronic bill payment providers, has named Keith Fulton as Chief Technology Officer and Jay Jerrier as Vice President of Sales and Marketing. The addition of these two key individuals to the management team provides ChoicePay the breadth of experience required to leverage a multi-faceted platform to create substantial revenue growth through the expansion and focus on new products, vertical markets, strategic partnerships and distribution channels.

ChoicePay announced the addition of Greg Adelson as President and Chief Operating Officer in October 2005. Adelson has spent the past 60 days restructuring the team and cultivating a culture of service responsiveness.

"With the addition of Keith and Jay, we have added depth and experience to our very talented leadership team," said Adelson. "We now have the structure, platform and philosophy in place required to substantially grow our revenues through expanding our product offering and continually exceeding customer expectations with industry leading responsiveness and operational excellence."

Keith Fulton joined ChoicePay in October 2005 and brings more than 15 years of enterprise system development and executive-level technology leadership and management to the company. Prior to joining ChoicePay, Fulton was vice president of technology for FSV Payment Systems in Houston. His career includes nine years of large-scale systems development with Accenture, formerly Andersen Consulting, as well as a director position with EnFORM Technology, also in Houston. Fulton later created his own technology firm, 10x Labs, for which he was nominated for the 2002 Houston Ernst & Young Entrepreneur of the Year award.

Fulton also served as director of research and development at Tulsa-based SolArc, Inc. Fulton graduated from Rice University with a Bachelor of Arts degree in economics in 1990. He will reside in Tulsa, Oklahoma, with his wife, Emmanuelle.

Jay Jerrier joined ChoicePay in November 2005 and his experience includes more than 15 years of executive level business process outsourcing (BPO) in utilities and financial services companies. Prior to joining ChoicePay, Jerrier was with Alliance Data for nine years where he served in several capacities, including operations, sales, marketing, strategic planning and account management at a time when the company was ranked as one of the top ten IPOs (independent sales organizations) of 2001. Previously, Jerrier was with GE Capital's private label credit card division for seven years, where he was awarded a Pinnacle Award for building the new product and sales organization. He graduated from Georgetown University with a Bachelor of Arts in political science in 1990. Jerrier is responsible for sales, marketing and account management at ChoicePay and will reside in Tulsa, Oklahoma, with his wife, Karen, and their two daughters.


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