Ohana Companies Names Veteran Product Strategist Prasanth Menon as Director of Product Management


Wilmington, Delaware – June 9, 2009 –Ohana Companies recently named veteran product strategist Prasanth Menon as Director of Product Management at the revolutionary promotional marketing firm where “Everybody Wins.”

“The addition of Prasanth Menon further enhances our senior management team, as we continue to attract smart, talented people from diverse backgrounds who see what we’re doing in a unique way,” said Chris Quinlan, the founder and Chief Executive Officer of Ohana Companies. “Prasanth brings his own unique analytical background and global perspective to our Ohana family, as we continue to revolutionize business with the next generation of rebates, delivering low-cost, high-impact loyalty programs and providing a technology platform that opens incremental sales opportunities.”

Menon was most recently Vice President, Strategy & Innovation at Bank of America (Wilmington, Delaware), where he was responsible for product strategy and innovation in the card services organization. In that role, he was responsible for identifying and driving the business case for growth opportunities for the business, as well as product management.

“I am strongly attracted to Ohana’s unique value proposition and Chris Quinlan’s vision and principle of ‘Everybody Wins,’” said Menon. “What really struck me about Ohana was how their technology platform can be leveraged in multiple areas, bringing new levels of data to industries such as banking, healthcare and pharmaceuticals, and creating loyalty programs in those industries with our extremely powerful technology platform and our underlying philosophy where retailers, manufacturers and consumers win.”

Menon was previously an Engagement Manager at the leading strategy consulting firm, Booz & Company (formerly Booz Allen Hamilton), in Dallas. At Booz & Company, Menon led engagements in the consumer goods space and drove the development of product strategy for Fortune 100 firms. Some of his assignments included the driving of an innovation driven growth strategy for a consumer goods industry leader, developing the product strategy for a Fortune 100 company to address a new mass market segment and, formulating country strategy for off-shored engineering services. Earlier, Menon was an Assistant Vice President at the international bank, Calyon Corporate & Investment Bank (Credit Agricole Group) in Mumbai, India.

A graduate from the Indian Institute of Technology with a bachelor’s degree in Engineering, Menon earned his MBA from the Stephen M. Ross School of Business at the University of Michigan.

About Ohana Companies:
A pioneering leader in transforming marketing promotions, rebates and rewards, Ohana Companies has virtually eliminated the inefficient and costly mail-in rebate and fulfillment process by offering the first 100-percent online solution to redeem, validate and fulfill rebates electronically. The company’s team of innovative executives, with considerable retail, marketing, financial services and technology industry expertise, have come together to transform the broken rebate model that’s been frustrating consumers, retailers and manufacturers for decades. Ohana utilizes revolutionary, patented and patent-pending technology and processes, changing the way consumers, retailers and manufacturers participate in rebates and promotional marketing, ensuring that Everybody Wins. Additional information is available at http://www.everybodywins.com/.

Media Contact:
Jim DeLorenzo
Phone: 215-564-1122
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