(CLPI) Mentioned in New York Times Article on Mobile Payments

Calpian, announced today that the Company was mentioned in a New York Times article featuring the growing popularity of mobile payments in India. The article, which was published on December 4, 2013, is currently available on the New York Times website.

Calpian President & CEO Harold Montgomery said: “We are excited to see Money-on-Mobile being recognized by a publication of the stature of the New York Times. We believe that this article is a reflection of the rapid increase in use of mobile payments throughout Asia and Africa, and it is our hope that additional awareness will lead to increased usage and ultimately significant growth of Calpian’s Money-on-Mobile business.”

A copy of the article can also be accessed on the Company website, at www.calpian.com.

About Calpian, Inc.

Calpian, Inc. (OTCQB: CLPI) is a publicly traded company with corporate offices in Dallas, Texas and mobile payments emerging-market operations through its subsidiary in India. Calpian’s Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 163,000 Indian retail locations with over 71 million unique users. Calpian’s management team has over 70 years in combined experience in the payments business. Calpian’s CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.

Note to Investors:

This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K-A filed on April 30, 2013 and the Form 10-Q filed on August 14, 2013. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.