ProStar Holdings Inc. announced that Wayne Moore, former Managing Director and General Partner at Goldman Sachs has joined the Company's Board of Directors. In connection with this appointment, and to keep the size of the Board at six directors, being the maximum number of directors permitted under corporate law, Mr. Jonathan Richards will resign from the Board. Mr. Richards will remain as Chief Financial Officer and will be nominated for election as a director at the Company's next annual general meeting.

Wayne is a former General Partner and Managing Director of M&A at Goldman Sachs. Wayne started Goldman's dedicated technology M&A practice in Silicon Valley. Today, Wayne is a private equity investor and a consultant at Madison Capital Partners, LLC.

He is a principal investor and member of the Board of Directors at EPAY Systems Inc., a founding partner and board member at PetWell Partners and Sepire, LLC., and serves on the board of Rush Medical Center. Wayne previously served on the Board of Directors at Suncoke Energy Partners (NYSE: SXCP), the Chicago Council on Global Affairs, and was a member of Goldman Sach's M&A Worldwide Leadership Council. Wayne holds an MBA from Wharton School, University of Pennsylvania, and a M.S. in Mechanical Engineering from the University of Alabama.