Loyaltyworks

www.loyaltyworks.com

Loyaltyworks provides loyalty and performance management programs to US corporations. Using a consultative sale approach, the Company provides private-label loyalty award programs specifically tailored to help clients address areas of focus such as increasing sales, encouraging sales migration to the Internet, building customer loyalty and motivating and retaining employees. These programs are applicable in all industries, giving Loyaltyworks a large addressable customer base in a market that is strong and growing.

$17,000,000

12.5% Senior Subordinated Notes with Series B and C Preferred Stock