Usio, Inc.

SAN ANTONIO, June 22, 2022 (GLOBE NEWSWIRE) — Usio, Inc. (Nasdaq: USIO), a leading provider of cloud-based FinTech integrated payment solutions, today announced the appointment of Michelle Miller to its board of directors effective June 22, 2022. Ms. Miller will serve on the company’s audit and compensation committees, increasing the size of the board to six.

Michelle Miller, 51, has over 25 years of banking experience, specializing in private banking, lending and business development. For the past 13 years, she has served as Senior Vice President of Private Banking and other leadership positions for Broadway Bank, the largest independent bank in San Antonio, Texas. Before Broadway, she was a private banker for JPMorgan. She held various other positions, primarily in lending, with Sterling Bank and InterContinental National Bank.

Ms. Miller earned her BBA in Marketing from the University of Texas in 1993. She is very active in her local community, having served or served on the board of numerous nonprofits and councils, including the Municipal Golf Association of San Antonio, The Guide Dogs of Texas, United Way of San Antonio, Southwest Foundation for Biomedical Research, Boys and Girls Club of San Antonio and Family Violence Prevention Service/Battered Women’s Shelter.

Louis Hoch, Vice Chairman of Usio, said, “We are delighted to welcome Ms. Miller to the Board of Directors. Ms. Miller brings extensive banking and business development experience and complements the skills of our Board of Directors with her extensive banking experience. We look forward to his valuable contribution.

About Usio, Inc.
Usio, Inc. (Nasdaq: USIO), a leading provider of integrated, cloud-based FinTech electronic payment solutions, offers a wide range of payment solutions to merchants, billers, banks, offices services, crypto exchanges and card issuers. The company operates credit, debit/prepaid and ACH payment processing platforms to provide its customers with convenient, world-class payment solutions and services. The Company, through its Usio Output Solutions division, offers services related to electronic invoice presentment, document composition, document breakdown, and printing and mailing services. The Company’s strength lies in its ability to provide tailor-made solutions for card issuance, payment acceptance and bill payment as well as its unique technology in the prepaid sector. Usio is headquartered in San Antonio, TX, with offices in Austin, TX and Franklin, TN, just outside of Nashville.
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Except for historical information contained in this release, the matters discussed in this release include forward-looking statements that are covered by safe harbors. These statements include, but are not limited to, all statements regarding management’s intent, beliefs and expectations, such as statements regarding our future and our operating and growth strategy. These forward-looking statements are identified by the use of words such as “believe”, “intend”, “look into the future”, “anticipate”, “plan” and “expect”, among others. . are subject to certain risks and uncertainties inherent in the business of the Company that could cause actual results to vary, including risks related to an economic downturn resulting from the COVID-19 pandemic, the realization of opportunities from the acquisition of IMS , management of Company growth, loss of key resellers, relationships with the Automated Clearinghouse network, banking sponsors, third-party card processing providers and merchants, security of our software, hardware and information, share price volatility, the need to obtain additional financing, risks associated with new tax legislation and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021. One or more of these factors has affected, and may in the future, affect the Company’s business and financial results in the future and could cause actual results to differ materially from plans and projections. The Company believes that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the material uncertainties inherent in the forward-looking statements included herein, the inclusion of this information should not be construed as a statement by us or anyone else that the objectives and plans will be achieved. All forward-looking statements made in this release are based on information currently available to management. The Company undertakes no obligation to update forward-looking statements, except as required by law.


Joe Hassett, Investor Relations
[email protected]

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