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® Corporation announced today that the Company will change its NASDAQ ticker symbol to “JTPY” effective at the start of today’s trading (prior NASDAQ common stock symbol: “UBPS”). JetPay Corporation (formerly Universal Business Payment Solutions Acquisition Corporation) (“JetPay” or the “Company”) is making this change to reflect the Company’s name change to JetPay Corporation, announced on August 1, 2013. JetPay provides a vertically integrated set of solutions that meet business needs for card acceptance, processing, payroll, tax and other financial transactions. JetPay also offers card-based solutions for our customers’ employees to conveniently receive and spend their pay.
Bipin C. Shah, Chairman and Chief Executive Officer of JetPay Corporation, explained: “The change of our NASDAQ symbol is yet another step towards making the name JetPay synonymous with fast, secure, and safe payments for businesses. JetPay and JetPay Payroll Services provide value to our customers with cost-saving and revenue-enhancing opportunities.”
About JetPay Corporation
JetPay provides a one vendor solution for payment services, debit and credit card processing, ACH services, and payroll and tax processing needs of businesses throughout the US. The company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. Our vertically aligned services provide convenience for customers while increasing their revenues by lowering their payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based recurring payments. Please visit
www.jetpaypayroll.com for more information.
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. JetPay’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside JetPay’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading “Risk Factors” in the Company’s latest filed Annual Report on Form 10-K as amended, for the transition period ending December 31, 2012 and the Company’s Quarterly report on Form 10-Q for the quarter ended March 31, 2013.