VIPGift Promotes Patrick Gildea to Chief Financial Officer

CHATTANOOGA, Tenn.--(Business Wire)--
VIPGift announced today the promotion of Patrick Gildea to Chief Financial
Officer. Mr. Gildea succeeds John F. ("Jack") Quigley, who is remaining with the
Company through 2010 as the Senior Vice President of Finance while he
transitions into retirement.

"This change formalizes a transition that has already been in place for several
months," said Richard Char, Company CEO and President. "Jack will continue to
build the accounting infrastructure necessary to support the company`s expanding
business and increased reporting requirements, while Patrick will continue to
oversee all budgeting, planning and forecasting activities as well as guide
development of all future acquisitions and strategic corporate initiatives."

Mr. Gildea brings to the role a broad range of corporate finance experience,
which includes the successful completion of dozens of strategic partnerships,
debt and equity capital raisings, and M&A transactions for both public and
private companies. He is a Certified Public Accountant in the State of
California and has held Series 7 and 63 licenses in both the US and Japan. Mr.
Gildea graduated with a Bachelor of Science in Accounting from the University of
Southern California`s Leventhal School of Accounting.

"I am looking forward to pursuing the various growth opportunities available to
us in the next few years," said Mr. Gildea. "I`m also grateful for Jack`s
continued senior leadership during this important time. His keen insight and
steady guidance have helped give VIPGift a rock-solid foundation. Jack will be
an integral part of the Company`s evolution from a privately-held small business
to a top tier, private equity backed consolidator in the incentives industry."

Mr. Quigley added, "I`ve thoroughly enjoyed serving as CFO during the very
exciting formative years of the Company. However, with retirement on the
horizon, this is the right time to transition to an experienced professional who
will be around for the duration of the next phase of VIP`s growth. Patrick has
already demonstrated that he has the talent and experience that will be required
of VIPGift`s CFO going forward and I really look forward to working with him
during this transition period."

Patrick is based in the Company`s Southern California office.

About VIPGift

VIPGift (www.vipgift.com) is a leading provider of corporate and consumer
incentive programs and prepaid card solutions to the Fortune 500. VIPGift has
distinguished itself by providing one-stop customized incentive solutions and
technologies to help drive growth and achieve strategic corporate objectives for
its customers. Clients use VIPGift`s products and services for customer
acquisition and loyalty programs, employee incentive and retention programs,
marketing initiatives, sales channel incentives and consumer rebate programs.
VIPGift`s wide array of customized rewards - including points, merchandise, and
prepaid card based programs - have helped position the company as a market
leader in the incentives industry. The Company is backed by Summit Partners, a
private equity and venture capital growth fund with more than $11 billion in
capital, and Bridgescale Partners, a private equity and venture capital fund
focusing on late-stage, technology-enabled companies. VIPGift was founded in
2000 and is based in Chattanooga, Tennessee with offices throughout the US.

VIPGift
Stacy Joly, 423-785-2257
sjoly@vipgift.com

Copyright Business Wire 2009