For Immediate Release

FIELD AGENT SECURES FUNDING FROM FIVE ELMS CAPITAL

Infusion to Aid in Enhancing Leadership Position in Global Crowdsourcing

FAYETTEVILLE, Ark. (03/12/13) – Field Agent, a leader in mobile crowdsourcing data collection, announced today an investment in the company by Five Elms Capital of Kansas City, Kan.  The investment will allow Field Agent to deliver more efficient business processes and new system platforms according to Rick West, CEO of the company.

“We are business people, analysts and researchers who thrive on finding solutions to difficult problems,” he said. “The investment we have received from Five Elms will enable us to enhance our core customer benefits of providing the highest quality data and fastest response for the lowest cost while at the same time further aiding us in future growth.”

Launched in April 2010, Field Agent was the first mobile application that paid smartphone users for providing a variety of location-based field data and insights.  Today the company has hundreds of customers ranging from a “Who's Who” of Fortune 500 companies to a significant number of small- and medium-sized clients across a broad spectrum of industries, categories and countries.

Five Elms Capital centers its funding on service-based businesses that use technology to lower cost infrastructures and accelerate growth. Unlike other investment companies, Five Elms focuses its efforts on fast-growing organizations located in the middle of the country.  Sample sectors include business services, consumer services, information / internet, financial services, and software-as-a-service.

“Field Agent is one of those companies we found to be wholly unique in its industry – a true leader in data collection and crowdsourcing,” said Fred Coulson, managing partner of Five Elms Capital.  “With its Northwest Arkansas headquarters, the company is a good fit with our business model and we are excited to be able to help them add to their already impressive arsenal of capabilities.”

Smith Hurst, PLC serves as legal counsel to Field Agent and represented it in the transaction.

About Field Agent

Field Agent leverages the power of crowdsourcing and mobile technology to connect business people with quality information anywhere across the globe.  In short, we disrupt the fundamental way in which the world collects business information.  Used by some of the world’s largest and best-known retailers and consumer packaged goods companies, our proprietary mobile research tool provides data and insights to inform decision-makers on a variety of topics.  Additional information is available at www.fieldagent.net.

About Five Elms Capital

Five Elms Capital is based in Kansas City and provides expansion, recapitalization, and acquisition capital to high-growth businesses in the central and mountain time zones. Five Elms invests in a wide range of service-based industries. To learn more about Five Elms, please visit www.fiveelms.com.