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PRESS RELEASE / ANNOUNCEMENTS Wednesday, June 24, 2015

FastSpring Announces Michael Smith as New Chief Technology Officer (CTO)

SANTA BARBARA, CA. Global award-winning digital e-commerce leader FastSpring (FastSpring.com) proudly announces that industry leader Michael Smith has joined the company as its new Chief Technology Officer (CTO).

Smith joins FastSpring as the former CTO for Verisk Analytics, and brings to his work for FastSpring an impressive track record of experience in partner engagement, risk management, systems thinking, data visualization, transparent modeling, scenario-based forecasting, and more.

“We’re really thrilled to bring Michael onto the FastSpring team,” commented FastSpring CEO Chris Lueck. “Michael is a highly valued executive who has spent his career successfully facilitating technology initiatives and strategies. His background and expertise will play an essential part as FastSpring continues to evolve, and to accelerate and enhance customer options and platform features across the globe.”

Before his work with Verisk, Smith was the Chief Technology Officer for Interthinx (a Verisk Analytics company), where he managed the design and deployment of hosted software services for automated fraud and compliance analysis, loan file reviews, and more. Before Interthinx, Michael was Chief Software Architect for Strategic Analytics, where he developed patented technologies in non-linear time series decomposition and scenario-based forecasting for retail lending. He also taught courses in complex systems analysis and portfolio modeling to top retail lenders around the world, developing new business in the U.S., Canada, U.K., Australia, and Asia. This wealth of combined teaching and real-world experience ensures that Michael will feel right at home in FastSpring’s atmosphere of constant innovation.

“Serving thousands of customers worldwide, FastSpring powers the digital economy with its superb cloud-based eCommerce and subscription management platform,” comments Michael Smith. “There’s no one better than FastSpring at helping companies to monetize their products and services online. I’m looking forward to the opportunity to help them move forward to even greater success in the years to come.”

About FastSpring

FastSpring provides a highly acclaimed, all-in-one, cloud-based e-commerce, subscription management and billing platform that’s specifically designed to meet the needs of software, SaaS, and other online service companies. FastSpring creates a seamless, fully branded purchasing experience that accomplishes a variety of crucial services, including: leveraging tools that increase client revenues across all customer touchpoints; gathering key customer-centric data, leveraging multiple payment methods, global currencies and languages; offering intelligent gateway routing logic for optimum card acceptance; managing fraud/chargebacks, sales tax and VAT collection; robust reporting; and providing an award-winning 24/7 client service experience.

To find out more, please visit www.FastSpring.com.

All companies referenced in this press release, including FastSpring® and more are the trademarks of their respective owners.

Contact

Christina O’Toole
1-805-259-3557
cotoole@FastSpring.com

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