• Press Releases

Ceridian Stored Value Solutions Press Releases

---

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

Louisville, Ky. — December 8, 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.

About Stored Value Solutions
Stored Value Solutions provides custom gift card solutions for prepaid cards, loyalty and B2B applications for a diverse set of clients including retailers, airlines, casinos and e-tailers. As a leading provider of magnetic stripe gift cards, Stored Value Solutions serves six of the top ten U.S. retailers and annually processes 625 million transactions for 600 clients and their 580 million cardholders. In 2006, Stored Value Solutions acquired HQ Gift Cards, a provider of gift card mall programs that provides management operation services for over 200 malls nationwide. Stored Value Solutions is based in Louisville, KY, employs more than 400 people, and is owned by Minneapolis-based Ceridian Corporation.
www.storedvalue.com

About Ceridian
Ceridian Corp. is a business services company that helps its customers maximize the power of their people, lower their costs and focus on what they do best. The company's suite of innovative managed human resource solutions includes payroll and compensation, employee benefits administration, staffing, compliance, HR administration and Employee Assistance Programs (EAP), work-life and health and productivity solutions. Ceridian serves businesses and employees in the United States, Canada and Europe. For more information about the human resource outsourcing company's comprehensive array of solutions, visit www.ceridian.com or call (800) 729-7655. Through its Comdata and Stored Value Solutions (SVS) subsidiaries, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States.
www.ceridian.com