Stored Value Solutions Appoints Ralph Rolen to Executive Vice President and General Manager

Louisville, Ky. (December 08, 2008) – Stored Value Solutions, Inc. (SVS), a leading provider of custom solutions for gift and prepaid cards, loyalty and B2B applications, has named Ralph Rolen as its executive vice president and general manager. Rolen will lead strategic direction, operations, product development and revenue initiatives for SVS.

Rolen joins SVS from Total Merchant Services, a privately held independent payments processor that settles over $6 billion annually. Prior to that, he held leadership positions at First Data Corporation and First Horizon National Corporation.

“Ralph’s long history and extensive experience in payment and transaction processing gives him a great foundation for leading SVS,” said Kathy Marinello, chairman and CEO of Ceridian. “His customer-centric philosophy and his ability to develop innovative new products will help SVS expand its market share.”

Rolen holds a Bachelor of Business Administration degree from University of Oklahoma and a Masters of Business Administration from University of Texas at Austin.

Source: Ceridian

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