VIENNA, VA, May 1, 2013 — VirPack, a leading provider of document management and Delivery solutions for the mortgage industry, announced Cy Brinn will join the VirPack leadership team as Chief Operating Officer effective May 6, 2013. Brinn is an innovator and industry leader with more than 25 years of lending automation experience who will propel growth and drive value for the VirPack client base.
“VirPack has been growing consistently for the past 15 years. Cy comes to us with an excellent reputation and track record of helping companies at VirPack’s stage of growth substantially expand capacity, enrich products, and deliver more value and services to clients. We look forward to having him on the team and further accelerating our expansion,” said VirPack president and CEO Michael J. Coar Jr.
The increased importance of regulatory compliance and the need for highly efficient lending operations has substantially increased demand for the VirPack Document Management and Delivery System. Brinn will use his extensive experience to expand VirPack’s operations to support its growing client base. He will also focus on expanding VirPack’s sales, product, support and services teams in order to deliver more product capabilities, services, and overall value to VirPack’s clients.
“I am excited about joining VirPack. The VirPack Document Management and Delivery System is in high demand as regulatory and competitive pressures have increased the importance of both compliance and operating efficiency,” Brinn said.
Brinn has worked with lending automation since 1986, earning a reputation as a straight-forward, roll-up-your-sleeves business leader. He led exponential growth at GHR systems, a loan origination and decision engine provider, whose employment base increased 10-fold and revenue spiked from $2 million to $38 million. Brinn recently spearheaded a three-fold increase in growth at PCLender, a Lender Processing Systems business unit, in less than three years.
“Michael and the VirPack team have built a very solid business over the past fifteen years. They have a very loyal and satisfied client base, and I look forward to working with the team and their clients and partners to expand the capacity of the business, and deliver additional products and services to the growing VirPack client base,” Brinn said.
VirPack is the leading provider of document management and Delivery solutions for the mortgage industry. Founded in 1998, VirPack has pioneered many industry firsts and on-boarded virtually every major investor. VirPack’s award-winning technology drives the industry’s premier Delivery solution and its end-to-end paperless platform, Document Management and Delivery System. VirPack simplifies business processes throughout every step of the loan process resulting in increased efficiencies and significant enterprise-wide cost savings. Additional information may be found at www.virpack.com.