BERWYN, Pa.--(BUSINESS WIRE)--JetPay® Corporation (“JetPay” or the “Company”) (NASDAQ: “JTPY”) is pleased to announce the hiring of Pierre (Pete) J. DuPré as Chief Information Officer of the Company. Mr. DuPré will be leading the Company’s efforts to expand our product offering and as well as add new functionalities to our current products and services.
Mr. DuPré brings to JetPay a 30 year career in IT, software engineering and product development. Pete’s most recent positions were with Amazon Web Services, Inc. where he served as a Technology Transformation Advisor, and Vantiv, Inc., a debit and credit card processor, where Pete was responsible for re-engineering their product development methodology. Prior to these assignments, Pete spent 12 years with Micro Focus International, a multinational software and information technology corporation, as Chief Solutions Architect, and Affiliated Computer Services (ACS), as Senior Vice President and Chief Information Officer. He also held progressively senior roles with Eastman Kodak. Pete attended the graduate program at the University of Rochester and has a Bachelor of Science degree in electrical and computer engineering from the State University of NY, Buffalo. Pete is the author of numerous papers in his field of expertise, including articles on designing for technology-based businesses. Pete has been a keynote speaker at various industry events for over a decade, and received multiple awards for outstanding service at his previous companies.
Bipin C. Shah, Chairman and CEO of JetPay Corporation, comments on Mr. DuPré’s arrival: “We are excited to add Pete and his experience and vision to our strong technology team. JetPay Payroll is at a key crossroads in its technology with the changes that the Affordable Care Act and other legislation require. We are certain Pete will be able to lead us on the appropriate path. We also expect Pete to add his expertise to our credit and debit card processing operation, one of the industry’s most innovative payment processing operations in the payments business.”
Nick Antich, President and CEO of JetPay Payroll Services added: “We look forward to having Pete lead our efforts in developing and launching our next generation payroll platform and in advising us on other new product development and sales. Pete’s initial focus will be on product and technology leadership, including optimizing our current platform for scale and providing the technical foundation for our cloud based platform for the future. These efforts will bring even more convenience, cost savings and value to our clients while adding efficiencies to our entire range of payroll, human resource management, and benefits management services. Pete is a world class computer software engineer and architect. With his leadership, we expect not only to offer a more comprehensive package of payroll related services, but also enhance the integration with all of the other products under the JetPay umbrella, including our credit and debit card payment processing and our prepaid MAC cards. I am certain this will give us a definitive edge over any other payroll service providers while keeping our hallmark belief– providing the best customer service anywhere.”
Mr. DuPré added: “I am excited to take on this challenge which brings to bear all of my experiences over the last 30 years. I have the opportunity at JetPay to build a fresh architecture that offers all of the backroom and front room services that businesses need to operate smoothly and more efficiently. I will be using some of the newest technologies that are just coming to market to make the JetPay platform engineered for the way business will be conducted tomorrow as well as today.”
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 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, 2013, the Company’s Quarterly Reports on Form 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.
