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  • Professor Andrea M. Armani, University of Southern California
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  • Professor Birgit Stiller, Max Planck Institute for the Science of Light, and Leibniz University of Hannover
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  • Mohan Wang, Ph.D., University of Oxford
  • Professor Xuchen Wang, Harbin Engineering University
  • Professor Stefan Witte, Delft University of Technology

Usio Helps Lead Texas Flood Relief Efforts

SAN ANTONIO, Texas, July 10, 2025 (GLOBE NEWSWIRE) -- Usio, Inc. (Nasdaq: USIO), has made a donation to, and provided support for, The Comfort Area Foundation in support of the victims of the Hill Country Floods. Usio is joined in this effort by BoosterHub, with whom Usio enjoys a long and productive relationship.

"We have all been deeply shaken by the devastating flooding in the Hill Country, throughout Texas and in the Comfort, Texas area," said Louis Hoch, Chief Executive Officer at Usio. "This donation, along with the support of our partner BoosterHub, is part of our effort to help those impacted. Our hearts and prayers go out to the many families and friends that have lost loved ones and otherwise had their lives turned upside down by this terrible tragedy. Our efforts are just a small reflection of our commitment to supporting the communities in which we live, work and play."

The devastating floods in the Texas Hill Country resulted in the many deaths with 84 of those reported in Kerr County, officials have said.

Usio, along with its partner, BoosterHub, are both helping lead the effort of The Comfort Area Foundation to collect donations to support victims in the greater Comfort, Texas area. The organization’s goal is to help improve the quality of life for all people residing in the area.

About Usio, Inc.

Usio, Inc. (Nasdaq: USIO), a leading, cloud-based, integrated FinTech electronic payment solutions provider, offers a wide range of payment solutions to merchants, billers, banks, service bureaus, integrated software vendors and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms to deliver convenient, world-class payment solutions and services to clients through its unique payment facilitation platform as a service. The Company, through its Usio Output Solutions division offers services relating to electronic bill presentment, document composition, document decomposition and printing and mailing services. The strength of the Company lies in its ability to provide tailored solutions for card issuance, payment acceptance, and bill payments as well as its unique technology in the card issuing sector. Usio is headquartered in San Antonio, Texas, and has offices in Austin, Texas. Websites: www.usio.com, www.payfacinabox.com, www.akimbocard.com and www.usiooutput.com. Find us on Facebook® and Twitter.

FORWARD-LOOKING STATEMENTS DISCLAIMER

Except for the historical information contained herein, the matters discussed in this press release include forward-looking statements which are covered by safe harbors. Those statements include, but may not be limited to, all statements regarding management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy and any guidance for future periods. These forward-looking statements are identified by the use of words such as "believe," "should," "intend," "look forward," "anticipate," "schedule,” and "expect" among others. Forward-looking statements in this press release are subject to certain risks and uncertainties inherent in the Company's business that could cause actual results to vary, including such risks related to an economic downturn, the management of the Company's growth, the loss of key resellers, the relationships with the Automated Clearing House network, bank sponsors, third-party card processing providers and merchants, the security of our software, hardware and information, the volatility of the stock price, the need to obtain additional financing, risks associated with new legislation, and compliance with complex federal, state and local laws and regulations, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission including its annual report on Form 10-K for the fiscal year ended December 31, 2024. One or more of these factors have affected, and in the future could affect, the Company’s businesses and financial results and could cause actual results to differ materially from plans and projections. Although the Company believes that the assumptions underlying the forward-looking statements included in this press release are reasonable, the Company can give no assurance such assumptions will prove to be correct. 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 the objectives and plans will be achieved. All forward-looking statements made in this press release are based on information presently available to management. The Company assumes no obligation to update any forward-looking statements, except as required by law.

Usio Contact:
Paul Manley, Senior Vice President, Investor Relations
paul.manley@usio.com
612-834-1804


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