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Goldleaf adds Charles Carden to the board

22 May 2009  |  2650 views  |  0 Source: Goldleaf Financial Solutions

Goldleaf Financial Solutions (NasdaqGM:GFSI), a provider of integrated technology-based solutions designed to improve the performance of financial institutions, today announced the appointment of Charles B. Carden to its Board of Directors.

Mr. Carden's extensive background in payments and financial markets strengthens a very experienced board and continues the company's strategic focus on the payments technology sector.

Most recently, Mr. Carden served as senior vice president and chief financial officer of John H. Harland Company, a $1 billion provider of products and services to the financial institution and education markets, prior to its acquisition by M&F Worldwide in May 2007. In this position, he was responsible for the financial aspects of this provider of high-technology software and services as well as more traditional printed products. Mr. Carden holds an MBA from Harvard University and a Bachelor of Arts in Mathematics from Westminster College.

``Mr. Carden's experience in the payments space along with his financial background will serve as a great addition to the board,'' said Lynn Boggs, CEO of Goldleaf. ``His knowledge and proven leadership make him an excellent complement to our other Board members and we look forward to benefiting from his insight and experience.''

Mr. Carden will join both the Audit Committee of the Board, which continues to be chaired by Rob McCabe, and the Compensation Committee, now chaired by Beck Taylor. Additionally, Larry Hough has joined the Nominating and Corporate Governance Committee as chairman. For a complete list of Goldleaf's Board Committee composition, please see the Investor Relations section of its Web site at goldleaf.com.

At Goldleaf's annual shareholders' meeting held on May 21, 2009, Rob McCabe, John Schneider and Larry Hough were each re-elected to the Board. The shareholders also approved the company's amended and restated 2005 Long Term Equity Incentive Plan.

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