April 19, 2014 9:56 PM ET

Internet Software and Services

Company Overview of Intelligent Clearing Network, Inc.

Company Overview

Intelligent Clearing Network, Inc., a software-as-a-service company, electronically validates and clears paper and digital coupons, and other incentives for grocery, drug, and mass merchant retailers. The company was incorporated in 2008 and is based in New Canaan, Connecticut.

31 Lakeview Avenue

New Canaan, CT 06840

United States

Founded in 2008





Key Executives for Intelligent Clearing Network, Inc.

Chairman and Chief Executive Officer
Executive Vice President of Operations
Managing Director of External Relations
Compensation as of Fiscal Year 2013.

Intelligent Clearing Network, Inc. Key Developments

Intelligent Clearing Network, Inc. Announces Appointment to Advisory Board

Intelligent Clearing Network, Inc. announced that three prominent executives have been named to the Advisory Board. All promotions are electronically validated including paper and digital coupons and other incentives in real time at the POS in grocery, drug and mass merchant retailers. They include: Lance C. Jacobs, most recently president and CEO of KSS Retail; Robert A. Neslund, Managing Director of Scenarion International, offering senior-level consulting, marketing and management services for the global marketplace; and Don King, veteran of Procter & Gamble, where he was involved in all aspects of promotions, including couponing, sampling, premiums, and related tactics. Jacobs is a business builder with experience at growing software company revenue, profits and shareholder value. He has spent his entire career in the retail and retail technology industries. He assumed leadership of KSS Retail in 2006 and led the company through consistent growth. Neslund has had a distinguished career successful businesses in various channels of distribution in the U.S. and Australia. His career positions include CEO of Acme Markets; Chief Marketing/Procurement Officer for H.E. Butt Grocery Company; and CEO Retail Distribution for David’s Ltd. Australia, a wholesaler serving nearly 3,000 stores. As Associate Director at P&G, King for years led the Retail Marketing Services organization with responsibility for coupon redemption, including controls, retail reimbursements and brand charging and distribution of sales materials for all brands in the U.S. He was co-chair of the Joint Industry Coupon Committee (JICC) and a member of the Coupon Information Corporation (CIC).

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