SOURCE: Government Payment Service, Inc.

November 03, 2009 08:00 ET

Government Payment Service Names New CEO to Spur Company Growth and Expansion

Mark MacKenzie Brings National and Global Credit and Debit Card Payment Processing Industry Expertise

INDIANAPOLIS, IN--(Marketwire - November 3, 2009) - Government Payment Service, Inc. (GovPayEXP) just announced the appointment of a new chief executive officer, Mark MacKenzie, to lead the company's organic and strategic growth and expansion initiatives. MacKenzie has more than two decades of experience building debit and credit card payments processing businesses for national and global companies such as Citigroup and JP Morgan Chase. He will leverage his vast expertise in financial services and payment processing systems to further establish GovPayEXP's position as an industry leader.

GovPayEXP is a national leader in electronic credit and debit card payment processing systems for government agencies. Founded in 1997 by retired Sheriff Dale Conrad, GovPayEXP processes millions of dollars in government payments each year for nearly 1,500 jurisdictions in 33 states. The Internet-based payment processing software enables residents, constituents and offenders to pay cash bail, parking, speeding and traffic tickets, child support, court fees and fines, real estate and property taxes, utility bills or restitution via phone, online or on-site.

As CEO, MacKenzie's responsibilities include developing the company's long-range strategic roadmap and building the industry alliances needed to position GovPayEXP as the premier transaction processing and financial payments provider for the government sector. This includes expanding GovPayEXP's geographic footprint to establish a much a stronger national presence. MacKenzie also will be integral in the company's product and technology development process, and will focus his time on building strategic partnerships and facilitating mergers or acquisitions that will enable GovPayEXP to expand the depth of its services.

"Mark brings the industry expertise, best practices and relationships GovPayEXP needs to grow to the next level," commented Dale Conrad, GovPayEXP's founder and chairman of the board. "While we have an excellent reputation, solid set of services and nearly 1,500 satisfied clients across the country, Mark will provide the strategic vision and leadership necessary to position the company as the dominant industry leader."

Prior to joining GovPayEXP, MacKenzie held a variety of executive and management positions including managing director/senior vice president of JP Morgan Treasury Services; president of JP Morgan Electronic Financial Services, Inc. (EFS); president, chairman and chief executive officer of Citicorp EFS; executive director for EFS; vice president of Citibank; executive director of product management for EFS; and senior director of product management for EFS.

"GovPayEXP has all of the right assets to capture significantly more market share," commented Mackenzie. "It has a proven technology, extensive experience and relationships in the government sector and a solid customer service methodology. My role as CEO is to fully leverage these valuable assets and capitalize on endless opportunities in this market space to enable the company to reach its full potential."

MacKenzie earned a Master of Business Administration from DePaul University in Chicago and a bachelor of arts in business administration and economics from St. Mary's University in Winona, Minnesota.

For more information about the company call 888-561-7888 or visit www.GovPayEXP.com.

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