Denver - December 14, 2010 - Mocapay announced today the appointment of Doug Dwyre as Chief Product Officer. In this position, Doug will help with the strategic execution of connecting brands with consumers via Mocapay’s mobile consumer engagement platform.

Doug is a seasoned executive with 24 years of experience in the financial services industry delivering innovative payment solutions to issuers, merchants and consumers.  Most recently, Doug launched state of the art incentive marketing programs focused on driving consumer behavior and providing valuable customer data to retailers and financial services firms.  In his career, Doug successfully delivered solutions to all size business clients focused on gaining intelligence and growing the size of their customer base.  These solutions provided consumers with flexible options when using their loyalty and prepaid accounts, broadening acceptance and increasing usage.

“Doug’s experience and leadership is a great asset to Mocapay as we introduce solutions to the market that drive incremental growth for our clients to help them learn more about their customers’ behavior,” said Kevin Grieve, CEO, Mocapay. “Doug’s expertise in launching first-to-market products will be instrumental in supporting Mocapay’s growth strategies in 2011.”

Prior to joining the Mocapay team, Doug managed global business development at Voltage Security and also spent 14 years as an executive at First Data leading teams responsible for global business development, prepaid and loyalty.  Previously, he held various management positions at Wells Fargo Merchant Services and BancOne (now Chase).  He is an active committee member for the ETA Strategic Leadership Forum and holds a business degree from Miami University in Oxford, Ohio.

About Mocapay

Mocapay is a mobile platform for innovative merchants that offers an integrated marketing and sales solution to enhance the lifetime value of a customer. The platform addresses merchants’ need for a new channel that will broaden their reach to customers anytime, not just at the point of sale, encourage purchases and build a stronger brand affinity.  Based in Denver, Mocapay is a privately held, venture funded company founded in 2006. For more information, visit www.mocapay.com

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