CashStar CEO David Stone Named Mass High Tech All-Star

August 31, 2011

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Awards Recognize Tech Luminaries of New England’s Innovation Economy in 2011

PORTLAND, Maine--(BUSINESS WIRE)-- CashStar, the digital gifting and incentives company, today announced that co-founder and CEO David Stone has been selected as a recipient of Mass High Tech’s 2011 All-Stars Awards. The All-Stars Awards recognize 15 driven and influential leaders of New England’s innovation economy.

As CEO of CashStar, Stone has worked tirelessly with his team to create the digital gifting category and continually push the limits of what is possible, providing customers with the most innovative solutions that drive incremental, higher-margin sales in-store and online and encourage customer loyalty. The company consistently develops industry-first capabilities that enable its retail customers to be creative in how they interact with consumers across channels including online, mobile and social. As a result of Stone’s leadership and vision, CashStar consistently partners with the smartest retailers and financial institutions seeking to leverage today’s massive shift away from plastic payment forms to digital ones to their advantage.

“In just a few short years, CashStar has grown from a big idea into the rapidly growing leader in the digital gifting space, attracting top talent from all over the country and garnering the trust of North America’s largest retail brands,” explained Stone. “To be recognized as a tech luminary driving innovations in New England is a huge honor, which I share with my entire team, who have all contributed to the company’s continued success.”

The 2011 Mass High Tech All-Stars honorees represent a broad range of technology and service sectors, including robotics, software, economic development, ecommerce, entrepreneurship, medical devices and cleantech. They were selected from more than 100 nominees recommended by the technology community. This is the 16^th year of the awards program — and the first time the awards are being combined with the Rising Stars honorees by the Boston Business Journal.

“These All-Stars have a proven record in leading not only their own companies but in helping their industry thrive,” said Mass High Tech publisher Douglas Banks. “By combining this year’s awards program with the BBJ’s Rising Stars in Business, we are offering our All-Stars another opportunity for mentorship while giving the younger generation access to innovative role models.”

The Innovation All-Stars and Rising Stars will be profiled in a special report on MassHighTech.com, and will be recognized at an evening awards celebration and networking reception on Wednesday, Nov. 16 at the House of Blues in Boston. For more information about the event and to register, visit http://www.bizjournals.com/masshightech/event/51051.

About CashStar, Inc.

CashStar is the preferred digital gifting and incentives partner for retailers and incentive partners nationwide. Its powerful platform delivers retailers high-margin sales, promotes online and in-store traffic and encourages customer loyalty by providing consumers with the most personal, compelling and convenient gifting experiences available. CashStar is the only company to successfully combine an on-demand digital gifting and incentives platform with innovative multichannel marketing strategies. More than 200 retails brands and partners are successfully partnering with CashStar to drive incremental sales, increase retention and boost profitability including Gap, Williams-Sonoma, Pottery Barn, west elm, Piperlime, Athleta, Dell, Chili’s Bar and Grill, Maggiano’s Little Italy, Romano’s Macaroni Grill, Old Navy, Banana Republic, Best Buy, The Children’s Place, Hot Topic, The Container Store, CVS/pharmacy, The Home Depot, Landry’s Restaurants, Pizza Hut, Regal Cinema, Staples, Starbucks, Travelocity, Great Lakes Scrip, SVM, eBillme, NGC and WeSave. To learn more about how CashStar is constantly innovating the way businesses deliver personalized gifting experiences to consumers and partners in the digital world, please visit www.cashstar.com or e-mail sales@cashstar.com.