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

HENDERSON, Nev.–(BUSINESS WIRE)–$BMY #prepaid3PEA
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 LinkedInTwitter 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

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