David Peterson Joins Argos Risk’s Board

MINNEAPOLIS, MN - February 9, 2015 -  Argos Risk today announced that David Peterson, electronic payment and financial industry expert, has been elected to the Argos Risk board of directors.

Peterson has earned a national reputation as an authority on electronic banking and payments, and is regarded industrywide as a pioneer in the creation of ACH solutions. Peterson is chief strategic officer of i7strategies, an independent strategic planning and consulting firm, and also serves on the board of PaymentsFirst, a regional ACH and payments association based in Atlanta with nearly 900 financial institution (FI) members.

"David is an esteemed expert in the ebanking and ACH technology industry and we are excited to welcome him to the Argos Risk board of directors," said Lori Frank, Argos Risk's CEO. "He is an entrepreneur, thought leader, and visionary. Our board of directors unanimously agreed that his strong experience, especially in ACH, will be extremely valuable as our company continues to grow. We are confident that David will make important contributions and have a positive impact on Argos Risk."

Peterson founded Goldleaf Technologies, a leading provider of electronic payments software and online banking services to independent financial institutions in the United States, where he was instrumental in establishing ACH, RDC and other electronic banking and payment solutions for US and international financial institutions. He has served as executive vice president for Q2, a virtual branch software provider where he focused on enterprise-wide strategic initiatives, product direction and executive consulting. He has been a featured keynote speaker for numerous regional and national associations, banking schools, and industry trade groups, including ICBA, NACHA, BAI, and GSBC. He is frequently published in regional and national publications on a wide range of topics including electronic banking, virtual branch strategy, payments and strategic thinking.

"I am honored to join Argos Risk's board of directors and to have the opportunity to serve with this dynamic leadership team. I have been an advisor to the company for several years and am continually impressed by their excellence in creating innovative solutions that allow financial institutions and businesses to gain insight into their customers and partners that are extremely difficult to obtain without a service such as Argos Risk Online. The upside potential for Argos Risk is enormous and I look forward to joining a team that has just begun to tap into the incredible potential and growth of this industry," said David Peterson.

About Argos Risk

Argos Risk, based in Minneapolis, Minnesota, specializes in web-based technology solutions for B2B credit risk management. The Company's flagship solution, Argos Risk Online, is designed to help businesses and financial institutions proactively manage their business risk with actionable online dashboards and 24x7 business alerts. For more information, visit www.argosrisk.com.