Data Center Inc. (DCI) Signs Referral Agreement with JetPay®

BERWYN, Pa.--()--JetPay® Strategic Partners, a division of JetPay Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”), a leading provider of debit and credit card processing, payroll/HR/TLM services and prepaid card services, today announced that it has signed a referral agreement with Data Center Inc. (DCI). DCI is the developer of the award-winning iCore360® core banking software and related technologies, serving more than 500 financial institutions nationwide. Effective immediately, this agreement allows the customers of DCI to utilize JetPay’s high-speed, secure, and reliable payment services, payroll services, and MAC® Visa Prepaid Cards.

“JetPay is a great value-added match for iCore360,” said John Jones, DCI President and CEO, adding, “They bring our bankers new options for secure, reliable payments, payroll services and prepaid cards that help them compete with any size institution.”

Michael Collester, President and CEO of JetPay Strategic Partners, stated: “We are excited to have the opportunity to work with a great partner that believes in a strong ethical approach to service and support, like DCI.” He continued, “Both companies focus on providing superior technology solutions and services that improve the profitability and competitive position of our customers.”

About JetPay Corporation

JetPay Corporation, based in Berwyn, PA, is a leading provider of vertically integrated solutions for businesses including card acceptance, processing, payroll, payroll tax filing and other financial transactions. 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 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).

About DCI

DCI is the developer of the award-winning iCore360® core banking software and related technologies for community banks nationwide. DCI is privately owned by banks, with several clients serving as owners, board members and user group leaders. In addition to iCore360®, (available hosted or in-house), DCI offers integrated solutions for Internet and mobile banking, private ATM Network and card management, data analysis, teller/branch automation, remote capture/proof, compliance, custom reporting and more. For more information visit datacenterinc.com.

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, 2014, 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 Securities and Exchange Commission. 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 Corporation
Peter Davidson
Vice Chairman
484-324-7982
Peter.Davidson@jetpaycorp.com
or
Data Centers, Inc.
Mark Harris
Vice President, Marketing
620-694-6771
MHarris@datacenterinc.com

Contacts

JetPay Corporation
Peter Davidson
Vice Chairman
484-324-7982
Peter.Davidson@jetpaycorp.com
or
Data Centers, Inc.
Mark Harris
Vice President, Marketing
620-694-6771
MHarris@datacenterinc.com