Usio to Ring Nasdaq Closing Bell November 23
November 17 2022 - 12:57PM
Business Wire
Celebrating exclusive partnership with
MoviePass and the launch of their branded MoviePass debit
card
Usio, Inc.: (Nasdaq:USIO), a leading, cloud-based, integrated
FinTech electronic payment solutions provider, announced today that
the company will be ringing the Nasdaq closing bell on November 23,
2022. Louis Hoch, Chairman and Chief Executive Officer of Usio, and
Stacy Spikes, Co-Founder and Chief Executive Officer of MoviePass,
will ring the closing bell together, displaying the strong,
exclusive partnership between the two organizations.
Louis Hoch, Chairman and Chief Executive Officer of Usio, said,
“These are exciting times for Usio and MoviePass. We are pleased
Stacy and his team recognize us as a leading provider of electronic
payments technology and the breadth of our prepaid card issuing
platform as we partner together to bring a branded MoviePass Debit
Card to their substantial and growing subscriber base.”
“With increasing demand for MoviePass during our beta period,
Usio’s innovative technology helps the company deliver a seamless
user experience on our platform,” commented Spikes. “Having Usio as
an exclusive partner gives us a competitive advantage in the
marketplace. We are honored to ring the Nasdaq closing bell with
Louis and the team.”
Senior Executives from both companies will highlight the
partnership and launch of MoviePass by participating in Nasdaq’s
Closing Bell Ceremony on November 23 at 4:00 p.m. Eastern. Viewers
can watch the opening ceremony via the Nasdaq MarketSite Webcam at
https://new.livestream.com/nasdaq/live or on Facebook at
http://Facebook.com/Nasdaq.
Additional coverage of the bell ringing will be available on the
Company’s social media channels.
About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated
FinTech electronic 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 services to their clients. The company,
through its Usio Output Solutions division offers services relating
to electronic bill presentment, document composition, document
decomposition and printing and mailing services. 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. Usio is headquartered in
San Antonio, Texas, and has an office in Austin, Texas as well.
About MoviePass, Inc.
MoviePass is a marketing technology platform enhancing the
exploration of film and the moviegoing experience. Started in 2011,
MoviePass quickly became the nation's premier movie-theater
subscription service, providing film enthusiasts the ability to
attend select new movies in theaters across the United States.
Website: www.moviepass.com
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 an economic downturn as a result of
the COVID-19 pandemic, the realization of opportunities from the
IMS 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 the 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, 2021. One or more of these factors have affected, and
in the future, could affect the Company’s businesses and financial
results in the future and could cause actual results to differ
materially from plans and projections. The Company believes 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 the objectives and plans will be achieved. All
forward-looking statements made in this release are based on
information presently available to management. The Company assumes
no obligation to update any forward-looking statements, except as
required by law.
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version on businesswire.com: https://www.businesswire.com/news/home/20221117006016/en/
Paul Manley Senior Vice President, Investor Relations
paul.manley@usio.com 612.834.1804
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