Jopari Appoints Veteran Finance Executives William Deters and Nancy Larget To Board Of Directors



May 19, 2005 -- Jopari Solutions, Inc., a leading supplier of proprietary payments automation and advanced web portal services to the insurance industry, today announced appointment of William Deters and Nancy Larget to the Board of Directors. Mr. Deters and Ms. Larget bring to the Board deep experience in building and guiding rapid growth companies.
    
Jopari's hosted claim disbursement services incorporate straightforward rules-based technology that allows for streamlined implementation and scalability. Currently, no competitors to Jopari can offer the breadth of feature set at the pricing Jopari offers.

"We are pleased to welcome William Deters and Nancy Larget to our Board. They will play important roles in influencing and supporting Jopari's growth and revenue expansion," said Steve Stevens, Jopari's Chairman and CEO. "Bill and Nancy have exceptional experience in shepherding highly successful technology and financial services companies, and are a valuable asset to Jopari as we scale up operations to meet high demand for our payment automation services."
    
Mr. Deters is a business executive and entrepreneur whose focus includes high technology "angel" investments and executive coaching. He is a director of public and private companies, and a manager of family investments. He is active in the Sierra Angels, an investment group based in Northern Nevada. From 1981 to 1986 Deters served as the founding CEO of North American Technologies.

"I am extremely pleased to sit on this Board", said Mr. Deters. "Jopari is uniquely positioned in the marketplace to deliver cost effective next generation disbursement automation for insurance payers. The company has a strong revenue model producing very healthy gross margins for the business."

Nancy Larget is Jopari's Chief Financial Officer. Ms. Larget is a seasoned finance executive with particular expertise in assessing and completing acquisitions, raising capital, creating financial control environments, and developing sound financial planning and analysis. She brings a strong interest in solving the challenges of scaling high growth organizations.

Ms. Larget has accumulated her financial expertise in a broad range of roles. At Charles Schwab and Co., she was Senior Vice President of Global Expansion and Integration where she defined and executed Schwab's expansion into international markets. She served as CFO for Charles Schwab Europe during its launch of on-line trading. She also was employee number 16 and CFO of Schwab's high growth 401(k) business. As a corporate banker with Citicorp, she developed funding and cash management strategies for a broad range of clients.

Stated Ms. Larget, "Jopari has a substantial customer pipeline representing transaction volume far in excess of year 5 projected revenues. Rarely have we seen companies that already have clarity on long-range performance. Jopari's management team and domain expertise uniquely positions it in the marketplace. The team's relationships have created strong payer interest and quick customer decision-making time. Their knowledge base has allowed for a simple rules-based technology architecture providing streamlined implementation and scalability."

About Jopari Solutions, Inc.
Jopari Solutions, Inc. provides industry-leading payment processing automation and Electronic Funds Transfer (EFT) services. Jopari has unique expertise in enterprise level payment and remittance processing solutions, cash flow controls and financial reporting.     Jopari's web portal services generate significant direct and indirect administrative savings. "Powered by JopariPay" services comply with state/federal regulations and HIPAA. Jopari also offers alternative benefit payment services, including direct deposit and stored value cards. (www.jopari.com)





Jopari Appoints Veteran Finance Executives William Deters and Nancy Larget To Board Of Directors