Press release

Kount Bolsters Executive Team and Continues Rapid Momentum with Appointment of Chief Financial Officer

Sponsored by Businesswire

Kount, a leading fraud prevention solution, today announced that Scott
Klossner has been appointed as Chief Financial Officer. With three
decades of financial leadership, Klossner is poised to advance Kount’s
rapid expansion in the digital fraud protection industry. He joins Kount
at an exciting time of exponential growth and customer adoption. A
five-judge panel and the online vote of customers recently named Kount
the 2019
Top Antifraud Solution
at the Card Not Present Awards, and Kount was
the only digital fraud prevention company named to the JMP
Securities Elite 80
, which lists the hottest cybersecurity, data
management, and IT infrastructure companies.

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Scott Klossner, Chief Financial Officer, Kount (Photo: Business Wire)

Scott Klossner, Chief Financial Officer, Kount (Photo: Business Wire)

Previously, Klossner served as CFO for online retailer,
where in his nine years, he helped the company grow from $25 million to
$400 million. Klossner’s experience includes public offerings,
Sarbanes-Oxley compliance, mergers and acquisitions, institutional
negotiations, strategic planning and analysis, productivity enhancement
and team building.

“Scott is a seasoned financial veteran with tremendous experience in
accelerating the growth of businesses,” said Brad Wiskirchen, CEO of
Kount. “Kount is at an important juncture, with strong industry
recognition and increasing market momentum. I am thrilled to welcome
Scott to our team. With his wealth of knowledge and vast experience in
helping companies achieve scale, Scott will be instrumental in fueling
our next phase of growth.”

“I am excited to join Kount as it continues on its path of strategic
growth initiatives,” said Klossner. “I was deeply impressed by the
passion of the Kount executive team and their vision for the future. I’m
thrilled to be part of this dynamic team and I’m eager to leverage my
experience to help build upon the company’s impressive performance and

About Kount: Kount’s mission is to protect the digital
innovation of customers as they expand ecommerce initiatives, grow into
new geographies, and develop new revenue streams. We detect and deter
fraud with a combination of patented technology that includes advanced
Artificial Intelligence and Machine Learning, 12 years of fraud
prevention experience, and unparalleled customer service to protect over
6,500 leading brands worldwide.