Douglas Hardman, previously the creator and Cheif Technology Officer of SparkBase purchased the Stored Value network today from Technology Imaging Services for an undisclosed amount. Along with the Hardware, Software, and Intellectual Property, Hardman will take all of the TIS IT staff with him to continue the development of the network and platform.
“I’m really looking forward to being able to run with this ball. My team and I have a lot of great ideas, as well as some exciting opportunities that we can take advantage of now.” said Hardman. “Having the entire crew that helped create SparkBase was the determining factor for me. If they wouldn’t come with it, I wasn’t even interested.”
SparkBase has been behind the scenes of several merchant service resellers for the past few years, and this move gives SparkBase the ability to expand into markets that were previously unavailable to them.
“We had a hurdle to contend with now and then as to why a company that had roots in Nuclear Medicine Supply was servicing the Stored Value market.” continued Hardman. “This lets us shed that persona and concentrate on just being one thing, and doing it well.”
Hardman plans a fairly aggressive campaign in the coming year in order to meet his (now) self-imposed goal of growing the company by 300% by this time next year.
About SparkBase – SparkBase entered the stored-value industry in early 2004 as the first truly independent gift and loyalty processing network. SparkBase continues to lead in innovation with its proprietary gateway, using patent pending technologies for processing stored value transactions with traditional cards, and new mobile payments methods. Developed in house at their headquarters in Cleveland, Ohio, SparkBase is a leader in gift and reward processing. For more information, visit sparkbase.com.
From the Technology Imaging Services website:
Since our inception, TIS has been dedicated to providing the highest quality products with the highest level of service to the Nuclear Medicine, Nuclear Cardiology and PET markets. We believe it is not the products we sell, but the way we sell products, that makes us special. More importantly, we feel that our customers are special. We have always offered the highest quality products with ensured product availability, competitive pricing and outstanding customer service.
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