SAN ANTONIO, 22 Feb. 10, 2022 (GLOBE NEWSWIRE) — Usio, Inc. (USIO), a leading provider of integrated, cloud-based FinTech electronic payment solutions, today announced that it will partner with pilot Landon Cassill of Kaulig Racing during the 2022 NASCAR Xfinity Series (NXS) season. As part of the partnership, Landon will drive a Usio-branded version of his #10 Chevrolet Camaro. Usio’s first race with Cassill will be in Austin, Texas at the Circuit of the Americas.
Louis Hoch, President and CEO of Usio, said, “We are extremely excited to team up with Landon Cassill and Kaulig Racing. NASCAR continues to grow in popularity with rising attendance in 2021 and an increasing audience on both NBC Sports and its streaming networks. This partnership is a victory in all dimensions, for Usio, for Landon, for Kaulig Racing and NASCAR in general. The sponsorship also involves a number of additional planned promotional events, all of which with a contact round, will generate a lot of noise for Usio and its shareholders and increase awareness of our national brand. We can’t wait to see Landon drive the #10 Usio Chevy to victory at the upcoming Texas Races at Circuit of the Americas in Austin, TX on March 26th.and and Texas Motor Speedway in Ft. Worth, Texas, September 24and.”
A media clip accompanying this announcement is available by clicking on the image or link below:
NASCAR driver Landon Cassill of Kaulig Racing to drive the #10 Chevrolet Usio: Cassill will drive the #10 Chevrolet Usio in select NASCAR Xfinity Series races and compete in a number of other Usio events throughout 2022 .
About Kaulig Racing™
Kaulig Racing™ is a NASCAR Cup Series (NCS) and NASCAR Xfinity Series (NXS) multi-car team, owned by award-winning entrepreneur Matt Kaulig. Established in 2016, Kaulig Racing™ has entered the NXS Playoffs consecutively every season since the start of the Playoffs system and have made the Championship Round 4 in the 2020 and 2021 seasons. They will continue to field three full-time NXS entries; the #10 Chevrolet driven by Landon Cassill, the #11 Chevrolet driven by Daniel Hemric and the #16 Chevrolet driven by AJ Allmendinger. With multiple victories, Kaulig Racing has become one of the top contenders on the track every weekend. The team made multiple NCS starts in 2021 and earned its seventh start with AJ Allmendinger’s win at “The Brickyard” for the Verizon 200 at Indianapolis Motor Speedway. The young team acquired two charters for the 2022 NCS season, with Justin Haley competing as the series’ first full-time pilot. The team’s second entry will be shared by part-time teammates AJ Allmendinger, Daniel Hemric and Noah Gragson. To learn more about the team, visit kauligracing.com.
About Usio, Inc.
Usio, Inc. (USIO), a leading provider of integrated, cloud-based FinTech electronic payment solutions, offers a wide range of payment solutions to merchants, billers, banks, service bureaus , 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.
Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.
DISCLAIMER OF FORWARD-LOOKING STATEMENTS
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, stock 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 filings by the Company to the Securities and Exchange Commission, including its annual report on Form 10-K for the fiscal year ended December 31, 2020. One or more of these factors has affected, and in the future may 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 representation 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