3PEA International, Inc. Names Egon Kardum Chief Information Officer

HENDERSON, Nev.–(BUSINESS WIRE)– 3PEA International, Inc. (NASDAQ:TPNL), a vertically integrated provider of innovative prepaid card programs and processing services for corporate, consumer and government applications, has named Egon Kardum as Chief Information Officer.

Mr. Kardum will manage and direct information technology strategy and operations to enable continued profitable growth of 3PEA as the company continues to serve the needs of its customers in a dynamic business environment. With responsibility for the IT function, Mr. Kardum will ensure that 3PEA’s systems and infrastructure anticipate both current and future needs, are scalable with 3PEA’s continued growth, and are efficient and secure while employing innovative data strategies and architectures.

“Egon has a proven track record of driving innovation within complex organizational structures,” said Mark Newcomer, Chief Executive Officer, 3PEA International. “His strategic knowledge of digital capabilities will assist 3PEA’s ongoing efforts to align process, policy and infrastructure with cloud strategies and digital best practices.”

Mr. Kardum joins 3PEA with 30 years of experience managing information technology projects in large corporate environments. Mr. Kardum spent the last 18 years at Bristol-Myers Squibb enabling the company’s digital transformation for the Commercial, Corporate and R&D organizational units. Prior to working at Bristol-Myers Squibb, Mr. Kardum held a variety of managerial positions at The Associated Press, the world’s largest news gathering organization.

Mr. Kardum received his Diploma in Digital Technology at Suburban Technical School and an Associate of Arts in Business from Axia College of University of Phoenix.

Daniel Spence, who previously served as Director, Chief Information Officer and Chief Technology Officer, will continue to serve as Director and Chief Technology Officer.

About 3PEA International
3PEA International (NASDAQ:TPNL) is an experienced and trusted prepaid debit card payment solutions provider as well as an integrated payment processor that has managed millions of prepaid debit cards in its portfolio. Through its PaySign brand, 3PEA conceptualizes, develops and manages payment solutions, prepaid card programs and customized payment services.  3PEA’s corporate incentive prepaid cards are changing the way corporations reward, motivate and engage their current and potential customers, employees and agents. 3PEA’s customizable prepaid solutions offer significant cost savings while improving brand recognition and customer loyalty. 3PEA’s customers
include healthcare companies, major pharmaceutical companies, large multinationals, prestigious universities and social media companies. PaySign is a registered trademark of 3PEA Technologies, Inc. in the United States and other countries. For more information visit us at www.3pea.com or follow us on LinkedIn, Twitter and Facebook.

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the companies, are forward-looking statements that involve risks and uncertainties. There is no assurance that such statements will prove to be accurate, and actual results and future events could differ materially. 3PEA undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, future events or otherwise.

Contacts
3PEA International, Inc.
Jim McCroy
1-702-749-7269
Investor Relations
jmccroy@3pea.com
www.3pea.com

S&C Public Relations, Inc.
Suzanne Dawson
1-646-941-9140
sdawson@scprgroup.com

Source: 3PEA International, Inc.