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eGistics Hires Financial Services Industry Veteran Mike Dignen as Executive Vice President

eGistics, Inc., a leading provider of cloud-based data and document management solutions, today announced the hiring of Mike Dignen as executive vice president. A 27-year financial services industry veteran, Dignen will work with eGistics Executive Vice President Gary Provo to help drive the company’s revenue growth strategies. A former banker, Dignen is widely recognized as one of the industry thought leaders in the payments processing, receivables automation and corporate treasury management arenas.

“Mike has successfully sold enterprise and departmental solutions into large financial institutions, as well as emerging market segments. His proven track record will extend the efforts of our sales and account management team, accelerating our strong momentum in selling payments and document management solutions in financial services,” eGistics CEO Bob Lund said.

Dignen joins eGistics from Avistar, where he was senior vice president, responsible for the company’s account management and sales. Before joining Avistar, Dignen was senior vice president of sales for US Dataworks, and senior vice president of sales for VICOR. During his tenure at VICOR, Dignen was instrumental in driving annual revenue growth of more than 50 percent and establishing VICOR as the leader in solutions for optimized complex payments processing, prior to its sale to Metavante. Dignen also has held positions at Profit Technologies Corp and CoreStates Financial Corp.

Dignen holds a bachelor’s degree in business administration from The George Washington University in Washington, D.C., and is active in financial services associations.

About eGistics, Inc.

eGistics is a leading provider of private cloud-based data and document management solutions. Its flagship product, eGistics CloudDocs, streamlines business processes for financial services, healthcare, and business process outsourcing (BPO) organizations. The solution automates the capture, management and storage of documents in a highly secure, highly scalable and compliant environment. Today, CloudDocs supports paper-based and electronic transaction processes for many of the largest financial institutions and third-party processors in the payments industry. To learn more, visit www.egisticsinc.com.

“eGistics” and variations of the name are the property of eGistics, Inc., and are protected pursuant to a registered trademark with the United States Patent and Trademark Office. “eGistics CloudDocs” is the property of eGistics, Inc., and is protected pursuant to a registered trademark with the United States Patent and Trademark Office.

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Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

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