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Payment Data Systems Announces Board of Director Appointment

SAN ANTONIO, May 11, 2017 (GLOBE NEWSWIRE) -- Payment Data Systems (NASDAQ:PYDS), an integrated electronic payment solutions provider, today announced the appointment of Bradley Rollins to its Board of Directors, effective May 5, 2017. Mr. Rollins will serve as a member of the Company’s Audit, Compensation, and Nominating and Corporate Governance Committees.

Bradley Rollins is the President and CEO of Dahill Office Technology. Being passionate about exceeding expectations and delivering excellent value services to all employees and customers while maintaining the highest level of integrity makes Mr. Rollins a successful and dynamic leader in his organization.

After joining the Dahill group in the Fall of 2000, Mr. Rollins achieved nationwide recognition for exceptional results and corporate growth. Today, eight years later, the company opened 12 additional locations and experienced unprecedented growth year over year in less than ideal economic conditions. When asked about the success of the organization, Mr. Rollins said, “Setting expectations for what others might believe unachievable goals – and meeting them with compassion integrity and empathy, allowed us to rise successfully to every challenge presented without fear.”

Dahill was awarded the Award for Outstanding Company Performance and Growth in 2016 as the first company in the parent group to achieve this status. Mr. Rollins himself received the Executive of the Year award in both 2014 and 2016.

Being a board member and chair of various influential organizations such as the San Antonio Economic Development, United Way and North San Antonio Chamber allowed for Mr. Rollins to play an important role in the development and support of communities and advancement of organizations.

Relaxing with his wife at home and spending time on the golf course helps Mr. Rollins keep an important work-life balance and allows him to always be an energetic and dynamic leader that his employees look up to.

Michael Long, Chairman of Payment Data Systems stated, “Bradley is a consummate sales professional with extraordinary acumen in driving revenue generation and marketing innovation broadly across business organizations. He will be an immediate asset to Payment Data in the important drive toward revenue generation and marketing and sales development that is currently underway. We enthusiastically welcome him to our Board of Directors.”

About Payment Data Systems, Inc.

Payment Data Systems (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; and Long Beach, California. For additional information please visit www.paymentdata.com. Websites: www.akimbocard.com and www.ficentive.com. Find us on Facebook®.

FORWARD-LOOKING STATEMENTS DISCLAIMER

Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our management’s intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. 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: Allyson Pooley Financial Profiles PYDS@finprofiles.com

Source:Payment Data Systems, Inc.