He joins chief executive officer Ben Waidhofer, chief technology officer Carl Daniel and venture investor Victor Kearney on the board. Vaughan currently provides corporate finance services to a major space and defense contractor.

Prior to joining Laru, Vaughan was chief financial officer, vice president of administration, a member of the board of directors and chairman of the Audit Committee of SunTaker, Inc., where he was responsible for all corporate finance, treasury, accounting and financial planning functions. Prior to SunTaker, he was chief financial officer and vice president of finance of Solid Data Systems, responsible for investor relations, strategy, administration and accounting. Additionally, Vaughan has held senior finance positions for two publicly traded, venture-backed companies, Salix Pharmaceuticals and Fusion Medical Technologies.

“We welcome Bill to the board of directors and as chief operating officer, and believe his financial and executive experience will be a great benefit to Laru,” said Ben Waidhofer, chief executive officer of Laru. “His addition will help lead Laru further into success and profitability.”

Vaughan earned a Bachelor of Science from the University of Connecticut and an MBA from Suffield College.

About Laru Corporation

Laru Corporation, headquartered in El Dorado Hills, Calif., is a software provider of ACH risk and compliance applications. Financial institutions use the company’s products to identify, resolve and prevent ACH fraud and network violations. Laru’s flagship product, ACH Clarity^TM, monitors and manages the risks of originating, receiving and processing ACH transactions, and provides an independent ACH audit platform in accordance with OCC Bulletin 2006-39. For more information call 888-527-8007 or visit the company’s Web site at www.larucorp.com