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March 23, 2017

Robert Niehaus, Founder of GCP Capital Partners, Joins Cantaloupe Systems Board of Directors

Cantaloupe Systems, the vending industry’s premier provider of cloud-based, mobiletechnologies that deliver an integrated end-to-end vending and payments solution, announcedtoday that Robert Niehaus, Chairman and Founder of GCP Capital Partners LLC, has joinedits Board of Directors, effective immediately.

San Francisco, CA (PRWEB) March 23, 2017 -- Cantaloupe Systems, the vending industry’s premier providerof cloud-based, mobile technologies that deliver an integrated end-to-end vending and payments solution,announced today that Robert Niehaus, Chairman and Founder of GCP Capital Partners LLC, has joined itsBoard of Directors, effective immediately. Mr. Niehaus has a diverse background in the financial sector, andwill assist the company with his expertise in strategic growth strategies, especially in the high demand cashlesspayments arena.

“Bob has lead a private equity investment firm since 2000 and has made several financial technologyinvestments in the merchant and payments space, including Complete Merchant Solutions, Heartland PaymentSystems and TransFast,” said Mandeep Arora CEO and co-founder at Cantaloupe Systems. “His deepknowledge of the payments sector and expertise in growing into new markets, mirrors well with our growthstrategies in 2017. We are excited to welcome him onto the Board of Directors team.”

Prior to Mr. Niehaus joining Greenhill Capital Partners LLC, which GCP Capital Partners became the successorfirm to, Mr. Niehaus spent 17 years at Morgan Stanley & Co., where he was a Managing Director in themerchant banking department from 1990-1999. Mr. Niehaus is also Chairman of Iridium Communications Inc.and is a director of several private GCP portfolio companies. One of his strong passions is his work andservices as a Director of the Cystic Fibrosis Foundation (“CFF”), where he also serves as the Chair of CFF’sInvestment Committee, which oversees a $3.9 billion endowment.

“Cantaloupe Systems is a proven leader and innovator in providing the right set of solutions that focus oncustomer success – success defined as easier to manage, actionable data for simple decision making, andeffortless ways to make more money,” commented Mr. Niehaus. “I am excited to serve as a strategic advisorfor Cantaloupe as they continue to leverage their unique logistics tools with cashless enablement technologiesto better the industry, operator, and overall consumer experience.”