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Transcepta Press Release

TRANSCEPTA NAMES SHAN HAQ DIRECTOR OF PRODUCT MANAGEMENT

April 21, 2006 – Aliso Viejo, California – Transcepta LLC., the leader in on-demand, Electronic Invoice Presentment and Payment (EIPP), has named Shan Haq as Director of Product Management.

Shan is responsible for product management and marketing, and plays a significant role in shaping Transcepta’s business strategy.  Prior to Transcepta, Shan gained more than ten years of consulting, corporate strategy, and product management experience through work in high technology businesses.  Immediately before joining Transcepta, Shan led the product management team at Microsoft responsible for strategy and business development, for the business process management and integration markets.  Prior to Microsoft, Shan was a Senior Consultant at Deloitte and a Strategic Planning Manager at Boeing, where he played a central role in launching two successful high technology services businesses. 

“Shan’s impressive record as a business leader and experience in launching new products and businesses perfectly supports the vision and roadmap of Transcepta.  We are thrilled to be bringing such a talented, well-accomplished professional to our team," said Ray Parsons, CEO of Transcepta.

Shan received an MBA from Wake Forest University and a BS in Business Administration from California State University, Long Beach.

About Transcepta

Transcepta was formed in June 2005 with the mission of creating an easy-to-implement, on-demand, Electronic Invoice Presentment and Payment (EIPP) solution accessible to businesses of all sizes.  While most consumers take advantage of convenient electronic billing and payments, businesses have been slow to adopt EIPP and are still mailing paper invoices and paying by paper check. With Transcepta, businesses can now implement EIPP at a low cost while realizing a remarkable ROI.

Transcepta is located in Aliso Viejo, CA and is financially backed by strategic investors including the premier Southern California angel investing group, Tech Coast Angels

For more information:

info@transcepta.com

www.transcepta.com

 

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Feedback
“We didn’t want to spend three months and $50,000 or more implementing a new invoice and payment solution. With the Transcepta service we were able to send live invoices in less than a day without paying anything upfront."
James Clark, President
Multi Visual Products

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