Brinkman Financial Company Hires Lynn Varnell to Head New Division

Varnell will serve as chief operating officer for NextPay, LLC

DALLAS – August 4, 2009 (—Brinkman Financial Company, a pioneering provider of technology to the financial services industry, announced today the recent hire of Lynn Varnell to head its new subsidiary, NextPay, LLC.

NextPay is a merchant credit card processing solutions provider to the retail, e-commerce and mail order industries. In this role, Varnell will serve as chief operating officer and will be responsible for day-to-day operations.

"We have moved quickly to put senior management in place," said Mark Brinkman, president of Brinkman Financial Company. "We are excited to have Lynn on board and know that his wealth of experience and knowledge of the industry will position us well for growth and success."

A 13-year veteran of the banking, financial and ecommerce services industries, Varnell most recently served Chase Paymentech as director of strategic partnerships. “I’m excited to have the opportunity to lead this innovative, new division of Brinkman,” said Lynn Varnell. “NextPay provides our merchants with a proven technology platform to save them money, while giving them the confidence that their customers’ sensitive information is secure to the highest industry standard.”

NextPay is a Level One Payment Card Industry (PCI) compliant processor - the highest security standard in the industry. Combining security with cutting-edge technology, the new subsidiary will provide technology solutions to the merchant credit card processing services category. With its software development capability, NextPay is able to bring unique products to the marketplace and customize solutions. Along with its merchant account services, NextPay launched a suite of processing tools designed to improve a merchant’s business performance, revenue recognition and information security. NextPay is headquartered in Carrollton, TX a suburb of Dallas – one of America’s financial and banking centers.

Varnell graduated from Austin College with a bachelor’s degree in business administration. He also received an executive master’s of business administration from Southern Methodist University. Varnell currently resides in McKinney, Texas.

About Brinkman Financial Company
Brinkman Financial Company (BFC) is a leader in development of tools and technology for the financial services industry. Throughout its 25-year history, BFC has developed products for the Fortune 500 in the banking, transportation and ecommerce sectors that allow for greater security, increased efficiencies and reduction in costs. BFC's commitment to customer-focused product development has allowed the company to create flexible and scalable solutions for organizations of all sizes.