In addition, the company has changed its corporate name to InterCept, Inc.
and has appointed Lynn Boggs
...In addition, Lynn Boggs has been appointed President of InterCept.Mr. Boggs previously served as Chairman and Chief Executive Officer of Towne Services, Inc., a publicly traded company, and has over 20 years experience servicing community financial institutions.
tenure at Towne Services
improved the company's results of operations from a loss in excess of $12 million to positive earnings from operations in 12 months.Boggs
also negotiated the successful merger of Towne Services
with its primary competitor, Private Business, Inc.On Mr. Boggs' appointment, Mr. Collins said, "It gives me great pleasure to announce the appointment of Lynn Boggs as our President.On Mr. Boggs' appointment, Mr. Collins said, "It gives me great pleasure to announce the appointment of Lynn Boggs as our President.
...Lynn has many years of experience working in the financial services industry and recently served in a similar capacity for Towne Services.
We believe Lynn
has the leadership ability to help grow and position InterCept as a market leader in technology outsourcing to community financial institutions," Collins concluded.