FrontStream Payments Announces New President

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FrontStream Payments is pleased to announce the appointment of Nina Vellayan as new company president. Ms. Vellayan comes to FrontStream Payments with a well-known reputation for excellence in providing strategic and tactical leadership in high-paced organizations within the payments industry.

FrontStream Payments is pleased to announce the appointment of Nina Vellayan as new company president. Ms. Vellayan comes to FrontStream Payments with a well-known reputation for excellence in providing strategic and tactical leadership in high-paced organizations within the payments industry.

"Nina has a successful 20-year history deploying multiple electronic payment solutions, so we're highly confident her capabilities will lead us through expansion and help position FrontStream Payments as a leader in the electronic payment processing space", says Emmet Seibels, CEO and Founder of FrontStream Payments.

Prior to joining FrontStream Payments, Nina held the position of Chief Operating Officer & EVP at Tier Technologies Inc., a provider of electronic payment solutions in the biller direct market. Her responsibilities included day to day business operations of the company including all of sales and marketing, technology and operations. In this role, she provided fiscal, strategic and operational leadership to the company.

Before joining Tier Technologies Inc., Nina was President, Business Office Solutions, a division of Sallie Mae Inc. She was responsible for the vision and creation of the division in 2001, and held full planning, operating, finance, sales, marketing, product delivery and P/L responsibility.

"Few executives can claim Nina's leadership experience and expertise in the payment industry", says Seibels. "We're looking forward to capitalizing on the opportunities she will bring us".

ABOUT FRONTSTREAM PAYMENTS
FrontStream Payments is a leading provider of payment products and services to small and medium-sized businesses and independent credit card sales organizations. Offerings include turnkey solutions that enable merchants to increase revenues through the acceptance of credit and debit cards. The company is headquartered in Brentwood, TN and has offices in Ft. Lauderdale, FL, Dallas, TX and Olympia, WA. To learn more about the company please visit http://www.frontstreampayments.com.

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Lyn McKay
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