SAN ANTONIO, Oct. 5, 2015 (GLOBE NEWSWIRE) -- Payment Data Systems (NASDAQ:PYDS) announced today that Louis Hoch, President & COO and Habib Yunus, CFO, will provide a company overview at the Dawson James Securities Growth Stock Conference on October 15, 2015. The presentation will take place at 3:30 ET in the Wyndham Grand Hotel in Jupiter, Florida. To view the presentation, please visit the Payment Data Systems website at www.paymentdata.com. Payment Data Systems is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers.
Payment Data Systems is sharing the PYDS story with brokers and accredited investors as part of a strategic plan to engage the market and demonstrate the company's strong position. Payment Data System's recently uplisted to NASDAQ, and has strong fundamentals with positive cash flow—an attractive story for both value and growth investors. PYDS offers traditional merchant solutions, including ACH and credit/debit card processing, but has also been expanding its prepaid card business. The Company's leadership is focused on continuing to innovate tailored payment solutions, and is preparing to unveil a number of exciting new products in the coming months.
Michael Long, Company's CEO and Chairman said, "We are very pleased to be trading on NASDAQ and I want to thank again our shareholders who have remained loyal throughout the years and through the recent transition. We are proud of what we've achieved so far in 2015. We're excited about our future and continue to believe our stock is undervalued and is trading below valuation multiples our industry receives. We are going to be proactive about taking our story to investors in the 4th quarter of 2015 and 2016."
About Payment Data Systems, Inc.
Payment Data Systems is an integrated payment solutions provider to merchants and billers. The organization provides an extensive set of products to deliver world-class payment acceptance. Payment Data has solutions for merchants, billers, banks, service bureaus and card issuers. The strength of the company is its ability to offer specifically tailored solutions for card issuance, payment acceptance and bill payments. For additional information, visit www.paymentdata.com. Contact Michael Long for investor relations information at 210-249-4040 or email at IR@paymentdata.com.
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About Dawson James Securities
Dawson James Securities, Inc., a member of FINRA/SIPC, is a full service investment bank headquartered in Boca Raton, FL. http://www.dawsonjames.com.
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Except for the historical information contained herein, the matters discussed in this release include certain forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties including, without limitation, the factors detailed from time to time in our filings with the Securities and Exchange Commission. One or more of these factors have affected, and in the future could affect our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.