JetPay® Announces Change of NASDAQ Ticker Symbol to “JTPY”

JetPay® Corporation announced today that the Company will change its NASDAQ ticker symbol to “JTPY” effective at the start of today’s trading (prior NASDAQ common stock symbol: “UBPS”). JetPay Corporation (formerly Universal Business Payment Solutions Acquisition Corporation) (“JetPay” or the “Company”) is making this change to reflect the Company’s name change to JetPay Corporation, announced on August 1, 2013. JetPay provides a vertically integrated set of solutions that meet business needs for card acceptance, processing, payroll, tax and other financial transactions. JetPay also offers card-based solutions for our customers’ employees to conveniently receive and spend their pay.

Bipin C. Shah, Chairman and Chief Executive Officer of JetPay Corporation, explained: “The change of our NASDAQ symbol is yet another step towards making the name JetPay synonymous with fast, secure, and safe payments for businesses. JetPay and JetPay Payroll Services provide value to our customers with cost-saving and revenue-enhancing opportunities.”

About JetPay Corporation

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 US. The company also offers low-cost payment choices for the employees of these businesses to replace costly alternatives. Our vertically aligned services provide convenience for customers while increasing their revenues by lowering their payments-related costs and by designing innovative, customized solutions for internet, mobile, and cloud-based recurring payments. Please visit www.jetpay.com, and www.jetpaypayroll.com for more information.

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 latest filed Annual Report on Form 10-K as amended, for the transition period ending December 31, 2012 and the Company’s Quarterly report on Form 10-Q for the quarter ended March 31, 2013.

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.