Austin, Texas, July 19, 2004 - Works, Inc., a leading provider of commercial card optimization services, today announced the appointment of E. Miles Kilburn to the Company's Board of Directors. Mr. Kilburn's appointment reflects the Company's commitment to recruit independent board members to serve as valuable resources to the organization's employees, partners and clients.
With the addition of Mr. Kilburn, the Works Board now includes Nikhil Sinha, Chairman of the Works Board and Associate Dean at the University of Texas, Martin Neath of Adams Capital, Leland Murphy of Trellis Partners, and Jerry Lester, Chief Executive Officer.
"The addition of Miles to our board is an excellent opportunity for Works," said Jerry Lester, Chief Executive Officer. "Miles bring to the board a strong background in the payments industry and an expert knowledge of the business. We are delighted to have such a strong addition to our team."
Mr. Kilburn recently left his position as Executive Vice President and Chief Strategy Officer at Concord EFS, Inc. after leading the organization through its successful merger with First Data Corporation. Mr. Kilburn spent nearly 10 years at Concord and its predecessor companies, Start Systems, and Primary Payment Systems, where he held a variety of leadership roles ranging from finance to business development. Mr. Kilburn was a key figure in the evolution and consolidation of the credit and debit payment landscape through the late nineties until recently. Prior to joining the Concord family of companies, Mr. Kilburn held various roles focused on advising clients on IPOs, mergers and acquisitions.
"As we continue our strong client growth and progress to profitability as an organization, we are focused on broadening the depth of experience of our staff and our advisors," said Lester. "And as electronic commercial payment tools continue to evolve, Works' technology and service package will enable commercial cards to become the primary electronic payment method for business-to-business transactions. Our diverse Board of Directors and staff will drive this success."
About Works
Headquartered in Austin, Texas, Works, Inc. is redefining how commercial cards are used by businesses today. Works partners with leading credit card issuing banks and maintains relationships with Visa and MasterCard to provide leading technology and business processes that enables business and government organizations to use commercial cards as their payment of choice.









