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Digiliti Money Launches New National Sales Team with Addition of Four New Regional Vice Presidents

MINNEAPOLIS, June 06, 2017 (GLOBE NEWSWIRE) -- Digiliti Money, Inc. (NASDAQ:DGLT), a leading mobile FinTech provider of cloud-based remote deposit capture (RDC) and mobile prepaid card solutions, has recently expanded its sales team, including four new regional vice presidents who will be responsible for a new sales and marketing campaign addressing the financial services markets in the U.S. and Canada.

“Since I joined Digiliti Money in January, we’ve put into motion an expanded national sales campaign which includes a more direct, regional focus, and one that builds upon our existing strong channel support and the inroads we’ve built nationwide,” said Digiliti Money’s Senior Vice President of Sales Kevin J. Hollahan. “A key part of this effort has been to bring on new FinTech sales professionals who will be responsible for their respective region and market, as well as support our overall expansion strategy globally. Today we announce four accomplished and highly capable regional vice presidents to spearhead this new campaign.

“As a leading innovator in the FinTech space, over the course of the last few years we have introduced several new and enhanced products,” continued Hollahan. “However, few of our top 600 customers are using more than one product or are taking advantage of a broadened feature set. This has created a significant opportunity across the board. Our overall success will be measured by winning new customers, and empowering new and existing customers with our full portfolio of mobile money technology.”

According to company President and CEO Jeffrey Mack: “We see a tremendous opportunity to bring to the some 13,000 financial institutions across the county our award-winning FinTech solutions, which will help them be more competitive and engaging—particularly with the underbanked, unbanked and millennials—and to better address the emerging opportunities in the marketplace. We have so far only scratched the surface of this opportunity. But to be sure, for our clients and their increasingly mobile customers, this isn’t about ‘new money,’ it’s about ‘now money,’ and when money moves, everyone wins.”

The four new regional vice presidents bring decades of combined sales experience to Digiliti Money, with extensive records of accomplishment in acquiring new business.

About Digiliti Money, Inc.
Digiliti Money is a leading cloud-based, SaaS technology provider serving the financial services industry with mobile money and remote deposit capture solutions for PC, Mac and mobile. Founded in early 2010, Digiliti Money has quickly grown into a technology leader and trusted partner of some of the world’s largest and most respected financial organizations. With remarkable growth, an impressive client base and award-winning technologies, Digiliti Money continues to drive innovation and deliver world-class solutions to financial institutions of all sizes.

The company's industry-leading solutions help clients to increase customer engagement, grow revenues and gain competitive advantage. Digiliti Money’s cloud-based technology platform simplifies development, deployment and servicing of consumer and commercial solutions—minimizing cost and accelerating speed-to-market and ROI. Enabled by Digiliti Money’s complete suite of business and consumer solutions, financial institutions can better serve the needs of all their customers. For more information, visit www.digilitimoney.com.

Important Cautions Regarding Forward-Looking Statements
This press release contains certain statements that would be deemed "forward-looking statements" under Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1933. Words such as "may," "likely," "anticipate," "expect" and "believes" indicate forward-looking statements.

These statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements.

Forward-looking statements reflect our current views with respect to future events, are based on assumptions and are subject to risks and uncertainties. We discuss many of these risks in greater detail in our Annual Report on Form 10-K for the fiscal year ended Dec. 31, 2016, filed with the Securities and Exchange Commission on Feb. 24, 2017, under the heading "Risk Factors" and in the other reports we file with the Commission. You are cautioned not to place undue reliance on these forward-looking statements. Also, forward-looking statements represent our estimates and assumptions only as of the date of this press release. Except as required by law, we assume no obligation to update any forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.


Company Contact: Bryan Meier, EVP & CFO Digiliti Money, Inc. 952.698.5214 bmeier@digilitimoney.com Investor Relations Contact: Matt Glover or Najim Mostamand Liolios Group, Inc. 949.574.3860 DGLT@liolios.com

Source:Digiliti Money, Inc.