News from the Wire

RGCA adds to board of directors

Thursday, April 24, 2014 — 15:02:02 (EDT)

Washington, D.C., April 24, 2014 -- The Retail Gift Card Association (RGCA), a trade association of diverse, closed loop gift card retailers committed to promoting and protecting the use of gift cards, announced today the election of three new individuals to the Board of Directors including Steven Kane from SpaFinder Wellness; John DeCastro with Dine Equity and Kimberly Autry of Lowes Home Improvement Stores.

The RGCA is made up of about 70 of the world's most recognizable retail brands and has been the leading gift card advocacy group since its inception in 2008. The newly elected leaders will work with the current Board to advocate on behalf of the retail gift card industry to ensure a positive environment that drives continued success and growth.

"We are thrilled to welcome the new RGCA Board members; they bring a diverse set of skills and perspectives to our organization," said Mary Donovan, Executive Director of the RGCA. "Kimberly, John and Steven will be integral in propelling our mission to build awareness for the positive attributes of closed-loop gift cards. We have a highly capable and motived Board that will help us move toward this goal and many others in 2014."

For more information on the RGCA, or to become a member, visit our website at www.thergca.org .

About the Retail Gift Card Association (RGCA)

The Retail Gift Card Association (RGCA) is a trade group whose mission is to promote the positive attributes of closed-loop gift cards. The RGCA believes that educating consumers, retailers, media and legislative groups about the difference in prepaid products is paramount to ensuring a positive gifting experience. RGCA members abide by a code of principles that support consumer friendly policies around the purchase and redemption of closed loop gift cards. RGCA membership is open to retailers, restaurants and travel and entertainment merchants whose primary revenue is not derived from gift cards. For more information, visit us at www.theRGCA.org .

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Source: Company press release.