Michael Jaffe

NXGEN Payment Services Promotes Michael Jaffe Vice President of Global Marketing and New Programs

July 2007, Whitefish, MT - Calgary, Alberta - NXGEN Payment Services, a leading MSP for both Elavon and Cynergy Data, has promoted Michael Jaffe as its Vice President of Global Marketing and New Programs. Jaffe will be responsible for designing, coordinating and driving to execution products and program to feed the company's growth both in USA and in Canada while jump starting business in the other countries targeted by the International division of the company. In this position, Jaffe will report directly to the COO Giuseppe Caltabiano.

"Michael is one of the founders of NXGEN and has been a driving force in building up the indirect sales organization as well as taking to the market our core products," said Giuseppe Caltabiano "the exciting part for all of us is that we are now expanding our International Division with senior management while growing profitably"

"After having brought NXGEN USA to the current level of sales, I cannot wait to start exchanging programs, products, and ideas across borders." States Jaffe "With a solid presence established in USA and in Canada, more than 800 referral partnership in USA alone, we have plans to deepen our presence by growing in different vertical markets, while expanding our reach to different continents"

Michael Jaffe has been with NXGEN since its inception and brings more than 10 years experience in the payment and banking industry.

About NXGEN

NXGEN is a multi-national provider of credit card processing in the United States and Canada. NXGEN is a registered Merchant Service Provider (MSP) with CynergyData through Bank of America and one of the top MSPs for Elavon through USBank.

NXGEN has been awarded MasterCard's highest level of RAMP Compliance rating for their Fraud Prevention and Risk Management policies, and Visa certified NXGEN as one of only a few companies able to participate in their Tax Payment Pilot program.

For more information, please contact NXGEN Payment Services at: 1-866-863-9977

E-mail: mjaffe@nxgen.com, Internet: www.nxgen.com,www.nxgencanada.com