Press Release Headlines

Scroogenomics Author and University of Pennsylvania Wharton Professor Joins Tango Card(TM) Board

Tango Card continues its leadership position making Gift Cards more valuable to consumers

SEATTLE, Feb. 16, 2010 — Tango CardTM today announced that Professor Joel Waldfogel, author of Scroogenomics and Professor of Business and Public Policy at the University of Pennsylvania Wharton Business School, has joined Tango Card's Board.

"My research on gift giving has brought me to many of the same conclusions that motivate Tango Card," says Professor Waldfogel. "Gift Cards are incredibly popular, but in their current form they are not nearly as useful as they could be. The innovations that Tango Card is developing can allow Gift Cards to be much more effective. I look forward to working with David and Tango Card in their efforts to make gift cards even better products and gifts," Professor Waldfogel goes on to say.

"I am thrilled Joel has joined Tango Card's Board of Advisors," said David Leeds, CEO and Founder of Tango Card. "We have been diligent about building a relevant and active Board. We have focused on attracting successful leaders from organizations relevant to our business. CoinStar changed how people manage loose change and, in the process, unlocked billions of dollars in value. Virgin is world-renowned for its focus on brand, expanding revenue opportunities, and driving value for consumers. Current and former executives from these organizations are actively involved on our Board and have impacted Tango Card's approach to providing real value to the world's best brands. Professor Waldfogel has researched and written extensively on value created and lost in gift giving, and he will shape the pioneering work we are doing to make Gift Cards more valuable to consumers," Leeds concludes.

Tango Card provides the simplest and most complete way to manage and use Gift Cards and is the first company whose primary focus is helping people use the value of the cards they own. To learn more, visit http://www.tangocard.com.

Press Contact:

David Leeds
Tango Card, Inc.
Email
1.800.55.TANGO

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