Clearent Announces Mark Sundt as CTO

Clayton, MO, April 26, 2013 --(PR.com)-- Today Clearent, one of the nation’s fastest growing credit card processing companies, announced the addition of its newest team member, Mark Sundt, as Chief Technology Officer.

Mark comes to Clearent with 25 years of experience with technology companies, including key roles at Microsoft. His leadership and leading edge technical experience spanned the project management, architecture, and deployment of 30 of the world’s busiest eCommerce sites, including JC Penny, Lowe’s, and others.

Mark's management of the Central Region Microsoft Dynamics ERP/CRM consulting practice included the oversight of a 50-person team responsible for the implementation of financial and customer relationship solutions across a number of industry segments. More recently, as a cloud computing software architect, he contributed to high volume transaction processing solutions within the intelligence/defense, logistics, and financial services industries.

As CTO, Mark will spearhead Clearent’s ongoing commitment to innovative payments technology. The company’s proprietary back-end processing platform provides distinct advantages not available from other payment processors.

“I am thrilled to join the Clearent team,” said Mark Sundt. “It’s an exciting time in the payments industry with the convergence of cloud computing, mobility, and customer loyalty. I look forward to helping Clearent extend its technology to maintain its rapid growth and expand its product suite.”

"We are excited about Mark’s role at Clearent. He has an impressive track record of successfully building and leading teams and is committed to championing the customer’s point of view," said Dan Geraty, CEO of Clearent. “The depth and breath of Mark’s experience will be invaluable to Clearent in terms of maturing our systems and helping us bring new products and services to market.”

About Clearent
Clearent is a credit card processing company that was built to be different. We combine leading edge technology with a passion for service to help our customers maximize the value of their merchant services program. Clearent provides sales agents, financial institutions, and merchants with benefits not available from other providers, such as next day funding with a late cut-off time and unrivaled graphical, web-based reporting. The company has grown in excess of 100% for the past five years and now processes $3 billion in annual card volume. To learn more, visit http://www.clearent.com or call 866.205.4721.