The first participant of Payment Data’s new Corporate Responsibility Program
is The Children’s Rehabilitation Institute of TeletonUSA (CRIT-USA).
SAN ANTONIO, May 30, 2018 (GLOBE NEWSWIRE) -- Payment Data Systems, Inc. (NASDAQ:PYDS), an integrated electronic payment
solutions provider, announced the launch of a Corporate Social Responsibility program aimed at improving the lives of children in
their local communities.
Payment Data Systems has recently partnered with the Children’s Rehabilitation Institute TeletonUSA (CRIT-USA), which is one of
the largest private pediatric rehabilitation systems in the world. CRIT-USA provides comprehensive care for children with
neurological, muscular, and skeletal disabilities. Their state-of-the-art rehabilitation center empowers kids to reach their full
potential regardless of their ability to pay for services. Visit paymentdata.com/giving-back to learn more.
“We are thrilled to partner with CRIT-USA. Helping children in our communities is a cause that everyone at Payment Data Systems
is excited about. We are very impressed with their mission and their success with helping children. We are extremely fortunate to
have their only location in the USA here in San Antonio, Texas. We are humbled by the large investments from Mexican companies and
individuals to help children in the United States. We look forward to helping CRIT-USA advance its amazing cause and to help raise
awareness of this special organization,” stated Louis Hoch, President and CEO of Payment Data Systems.
“It is such an honor to partner with Payment Data Systems, Inc.,” said Federica Soriano, CRIT-USA’s CEO. “Their sponsorship is
another opportunity for us to give back to all the children and families who attend our facility. We look forward to working with
them in the future.”
About Payment Data Systems, Inc.
Payment Data Systems, Inc. (NASDAQ:PYDS), a leading integrated payment solutions provider, offers a wide range of payment solutions
to merchants, billers, banks, service bureaus, and card issuers. The Company operates credit, debit/prepaid and ACH payment
processing platforms to deliver convenient, world-class payment solutions and service to their clients. The strength of the Company
lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique
technology in the prepaid sector. Payment Data is headquartered in San Antonio, Texas, and has offices in New York, New York; Long
Beach, California; St. Augustine, Florida and Nashville, Tennessee. For additional information please visit paymentdata.com.
Websites: singularpayments.com, payfacinabox.com, akimbocard.com and ficentive.com. Find us on Facebook® and Twitter.
About the Children’s Rehabilitation Institute of TeletonUSA
CRIT-USA is part of the largest private pediatric rehabilitation system in the world. They provide a comprehensive one-of-a-kind
model of care. CRIT-USA is a state-of-the-art pediatric rehabilitation facility in San Antonio, Texas that offers services to
children and families from birth to 18 years of age with neurological and musculoskeletal disabilities. They treat children with
cerebral palsy, muscular dystrophy, genetic disorders, congenital diseases, spinal cord injuries, amputations, and babies in need
of early intervention – regardless of a family’s ability to pay. More information at critusa.org.
Forward-Looking Statements Disclaimer
Except for the historical information contained herein, the matters discussed in this release include forward-looking statements
which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's
intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. These
forward-looking statements are identified by the use of words such as "believe," "intend," "look forward," "anticipate,"
"schedule", and "expect" among others. Forward-looking statements in this press release are subject to certain risks and
uncertainties inherent in the Company's business that could cause actual results to vary, including such risks related to the
realization of the anticipated opportunities from the Singular acquisition, the management of the Company's growth, the loss of key
resellers, the relationships with the Automated Clearinghouse network, bank sponsors, third-party card processing providers and
merchants, the security of our software, hardware and information, the volatility of our stock price, the need to obtain additional
financing, risks associated with new tax legislation, and compliance with complex federal, state and local laws and regulations,
and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission including its
annual report on Form 10-K for the fiscal year ended December 31, 2017. One or more of these factors have affected, and in the
future, could affect our businesses and financial results in the future and could cause actual results to differ materially from
plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will
prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the
inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans
will be achieved. All forward-looking statements made in this release are based on information presently available to our
management. We assume no obligation to update any forward-looking statements, except as required by law.
Investor Contact:
Scott Gordon
scottg@coreir.com
Core IR
516 222 2560
www.coreir.com