Austin Logistics Announces New CEO and New Growth Capital

Leading Provider of Decision Support Solutions Well Positioned for Growth

AUSTIN, Texas--(AllPayNews)--Austin Logistics Incorporated today announced that John Carreker III has been appointed to serve as the company’s Chief Executive Officer. Today’s announcement marks the culmination of a succession plan in which Daniel Duncan, the company’s founder, will continue to serve on the board of directors and in an active advisory capacity.

Mr. Carreker brings more than 20 years of leadership and success in the global financial services sector spanning technology, consulting, operations and payments. He joins Austin Logistics from Carreker Corporation where he served as the Executive Vice President and Managing Director of International Operations and most recently as the President of the Global Payments Technologies business. As a member of the executive committee his leadership helped drive the company to over $120 million in revenue prior to Carreker Corporation’s sale to Checkfree Corporation in 2007.

“John’s background and depth of experience in leading software and service organizations through multiple phases of growth will serve as a tremendous asset to Austin Logistics and our clients as we take our company to the next level,” said Warren Wilcox, Austin Logistics’ Chairman and the Executive Vice President and Head of Client Consulting at Visa Inc.

To further position Austin Logistics for continued success, the company secured commitments to provide its third round of growth capital from its existing institutional investors including Baird Venture Partners, Apex Venture Partners, Total Technology Ventures and North Hill Ventures. “This financing will enable Austin Logistics to accelerate its progress at a time when market demand for innovative consumer credit management solutions is very strong,” said Benedict Rocchio, Baird Venture Partners.

“I am thrilled to join an organization with such a deep culture and commitment to client satisfaction and strong domain knowledge in the analytics space,” said Mr. Carreker, “I'm truly excited to lead Austin Logistics into this next chapter of successful and aggressive growth.”

About Austin Logistics

Austin Logistics is the leading provider of event-based analytic solutions that increase the profitability of customer interactions. For more than 15 years, Austin Logistics has helped industry leaders optimize interactions throughout the customer life cycle from early customer management through the collection of outstanding debt. Its clients represent many of the world’s leading financial services and telecommunications companies, with more than 80 product installations across North America, the United Kingdom and the Asia Pacific region. Austin Logistics leverages proprietary decision support technology to non-intrusively integrate clients' existing infrastructure and provide a complete and measurable return on investment inside a year. For more information visit www.austinlogistics.com.

Contacts
Austin Logistics
Martha Garcia, 512-314-2056
mgarcia@austinlogistics.com