NXGEN Invests In Growth

NXGEN Invests in Growth: Bill Ryken Appointed Vice President of Business Development

September 2006, Seattle, WA - NXGEN Payment Services, a leading payment services provider, announces the key appointment of Bill Ryken as its Vice President of Business Development. Ryken's appointment demonstrates NXGEN's commitment to national development and its dedication as an industry leader to continually provide quality programs and exceptional personal support to its merchants and its sales force.

"Bill Ryken's decision to join NXGEN's senior management team is a major boost to our expansion plans," comments Michael Jaffe, Vice President of NXGEN Payment Services. "His leadership skills, industry knowledge and national sales experience will accelerate the footprint and success of NXGEN on a large scale."

Bill Ryken came to NXGEN from Dreyer's/Edy's Grand Ice Cream where he spent 12 years as Director of Sales for their Foodservice Division. He has 5 years experience in the merchant services industry and has served as NXGEN's Western Divisional Manager. His extensive knowledge in Sales and Marketing has been an important part in managing NXGEN's Agent Bank Program.

"NXGEN is a dynamic, inElavontive company with 'state-of-the-art' products and technology. The sales force is highly professional in industry knowledge and customer service," notes Bill Ryken. "My objective is to optimize the current sales structure and to develop new growth opportunities in an extremely diverse and incredibly competitive Industry."

About NXGEN Payment Services

NXGEN Payment Services, a registered Merchant Service Provider (MSP) with CynergyData through Bank of America and one of the top MSPs for Elavon through USBank, specializes in Credit Card and ACH/EFT processing, Electronic Gift Cards and ATMs. Their proprietary Payment Operating System, Cirfin", provides multiple venues for check and credit card payments that can be processed at the point of sale or on the Internet and automatically sent to the merchant's bank account electronically for 24-48 hour funding. NXGEN's national sales force consists of 160+ highly experienced Account Consultants.

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 Property Tax Collection program. Recently, NXGEN received national recognition on "World Business Review" hosted by General Alexander Haig, highlighting their unparalleled Agent Bank program.

Ryken joins Thomas Nitopi, CEO; Michael Jaffe, Vice President of Payment Services; Giuseppe Caltabiano, President NXGEN International; and Darcie Johnson, Vice President of Operations. Combined, they represent over 50 years in the industry.

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, www.nxgeninternational.com and www.cirfin.com.