JetPay Corporation Appoints Robert Metzger to its Board of Directors
November 21 2017 - 4:00PM
JetPay Corporation (“JetPay” or the Company) (NASDAQ:JTPY)
announced today the appointment of Mr. Robert Metzger to its Board
of Directors, effective November 20, 2017. Mr. Metzger was
appointed to the board to fill the vacancy created by an increase
in the size of the board and will serve as a Class B Director until
the expiration of the term of Class B directors in 2020.
Since April 2015, Mr. Metzger has served as Director of the
Investment Banking Academy at the Gies College of Business at the
University of Illinois and since January 2017, he has also been the
Director of the Gies College of Business Honors Programs. In
addition, he serves as a Lecturer in the Department of Finance.
Since 2016, Mr. Metzger has served as a senior director at William
Blair & Company, an investment bank. Mr. Metzger previously
served as partner and managing director at William Blair &
Company, where he was head of the Technology group from January
2011 to December 2015 and head of the Financial Services Investment
Banking Group from April 2007 to December 2015. Prior to
joining William Blair & Company, Mr. Metzger held various
positions at ABN Amro Incorporated, A.T. Kearney, and Price
Waterhouse. Mr. Metzger currently serves as a member of the
Board of Directors and Audit Committees at WageWorks, USA
Technologies, and Millennium Trust Company, and serves as a Senior
Advisor of Mission OG. Mr. Metzger graduated from the
University of Illinois at Urbana-Champaign with a B.S. in
Accountancy and received an MBA from the Kellogg School of
Management at Northwestern University.
“We are extremely excited to have Rob join our board with his
extensive and valuable experience in investment banking and
academics, including the experiences he gained from his leadership
roles on various boards, including companies in the human resources
and payment technology space,” said Diane (Vogt) Faro, JetPay’s
Chief Executive Officer. “His extensive experience and expertise of
over 25 years in providing financial advisory and capital raising
services to technology, transaction processing and financial
services companies will be of great value in assisting management
and the board with increasing stockholder value.”
About JetPay Corporation
JetPay Corporation (“JetPay”), based in Center Valley, PA, is a
leading provider of vertically integrated solutions for businesses
including card acceptance, processing, payroll, payroll tax filing,
human capital management services, and other financial
transactions. JetPay provides a single vendor solution for payment
services, debit and credit card processing, ACH services, and
payroll and human capital management needs for businesses
throughout the United States. The Company also offers low-cost
payment choices for the employees of these businesses to replace
costly alternatives. The Company's vertically aligned services
provide customers with convenience and increased revenues by
lowering payments-related costs and by designing innovative,
customized solutions for internet, mobile, and cloud-based
payments. Please visit www.jetpay.com for more
information on what JetPay has to offer or call 866-4JetPay
(866-453-8729).
Forward-Looking Statements
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 Annual
Report filed with the Securities and Exchange Commission (“SEC”) on
Form 10-K for the fiscal year ended December 31, 2016, the
Company’s Quarterly Reports on Forms 10-Q and the Company’s Current
Reports on Form 8-K.
JetPay cautions that the foregoing list of factors is not
exclusive. Additional information concerning these and other risk
factors is contained in JetPay’s most recent filings with the SEC.
All subsequent written and oral forward-looking statements
concerning JetPay or other matters and attributable to JetPay or
any person acting on its behalf, are expressly qualified in their
entirety by the cautionary statements above. JetPay cautions
readers not to place undue reliance upon any forward-looking
statements, which speak only as of the date made. JetPay does not
undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements
to reflect any change in its expectations or any change in events,
conditions or circumstances on which any such statement is
based.
Contacts
JetPay CorporationPeter B. DavidsonVice Chairman
and Corporate Secretary(610)
797-9500Peter.Davidson@jetpaycorp.com
JetPay CorporationGregory M. Krzemien Chief
Financial Officer(610) 797-9500gkrzemien@jetpaycorp.com
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