SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”),
has selected Jason L. Aaron, a highly successful sales leader and
strategic partnership developer, to consult on the development of
the blueprint for building, implementing, and scaling the Company’s
national sales expansion strategy.
SurgePays is a fintech company providing a complete suite of
financial services and prepaid products to convenience and
neighborhood stores serving the underbanked market. With a current
base of over 8,000 retail c-stores, served by an independent sales
force, the Company plans to create a nationwide in-house sales team
to dramatically expand its footprint and increase same store
sales.
Mr. Aaron enjoys nearly two decades of building fintech and
travel services sales teams. He currently serves as senior
director, Strategic Partnerships, for Onriva Inc., the only
omni-channel, AI-powered and patented tech travel marketplace in
the industry. Previously, he worked for more than 11 years with
American Express Global Business Travel with approximately 12,000
employees and operating in 140 countries, where he served as
director, Private Equity and GPO Partnerships. He enjoyed multiple
years exceeding company goals & standards and managed teams
that included sales leaders and direct reports and indirect reports
that spanned the globe.
“Jason Aaron is an accomplished sales professional with a more
than 15-year track record of building and managing sales teams,
partnership strategies and exceeding expectations in every role he
has played,” said Brian Cox, chairman and CEO, SurgePays. “As a
senior-level consultant, he will work closely with Company
management and myself to implement many of his proven sales
blueprints for scaling our in-house national sales team with a
laser-focus on retail store expansion and increased revenues.
“When I speak of Jason’s blueprint, I’m being quite literal as
he will be our lead consultant in the design and rollout of our
compensation and bonus incentives plan, sales leadership and sales
training, territory alignment, employee vetting and referral
services, sales activity standards, performance tracking and more.
Jason is proof we are building out a world-class team. His hands-on
consulting for our executive team will help speed our buildout in
2022 in order to deliver results to our stakeholders as quickly as
possible.”
“It’s a privilege to have the opportunity to consult with
SurgePays at this critical juncture in the Company’s growth and
expansion following its recent uplisting to the Nasdaq,” said Jason
Aaron. “To already have 8,000 stores on the SurgePays network
without a national sales team gives me great confidence in
SurgePays exceeding the 50,000 stores goal once the team has been
built and the program put in motion. I look forward to deploying my
proven system of hiring, incentivizing, accountability, and success
driven initiatives.
“I am amazed at the sheer possibilities of scaling with
SurgePays when you consider doing $2,500 a month in sales per store
in 50,000 stores. I share the Company’s excitement in its mission
to serve the tens of millions of underbanked consumers who turn to
their neighborhood stores for a wide range of financial services
and products. I can’t wait to see how the Company looks in the near
future as SurgePays accelerates its plans and develops a presence
in key markets throughout the U.S.”
About SurgePays, Inc.
SurgePays, Inc. is a B2B fintech with other verticals in
the underbanked and software development
space. SurgePays utilizes its blockchain software
platform to offer a comprehensive suite of essential financial
services and prepaid products for the underbanked, along with top
selling consumable products to convenience stores, community
stores, mini-marts, tiendas, and bodegas. Please
visit www.SurgePays.com for more information.
SurgePays, Inc.
Company Contact:Tony Evers CPA, CIAChief
Financial Officer847-648-7541tevers@surgeholdings.com
Investor Relations Contact:CORE
IR516-222-2560invest@surgeholdings.com
Media Relations:Henry Feintuch / Doug
WrightFeintuch Communications646-753-5710 /
646-753-5711surgepays@feintuchpr.com
Cautionary Note Regarding Forward-Looking
Statements
This press release includes express or implied statements that
are not historical facts and are considered forward-looking within
the meaning of Section 27A of the Securities Act and Section 21E of
the Securities Exchange Act. Forward-looking statements involve
substantial risks and uncertainties. Forward-looking statements
generally relate to future events or our future financial or
operating performance and may contain projections of our future
results of operations or of our financial information or state
other forward-looking information. In some cases, you can identify
forward-looking statements by the following words: “may,” “will,”
“could,” “would,” “should,” “expect,” “intend,” “plan,”
“anticipate,” “believe,” “estimate,” “predict,” “project,”
“potential,” “continue,” “ongoing,” or the negative of these terms
or other comparable terminology, although not all forward-looking
statements contain these words. Although we believe that the
expectations reflected in these forward-looking statements are
reasonable, these statements relate to future events or our future
operational or financial performance and involve known and unknown
risks, uncertainties and other factors that may cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by these forward-looking statements. Furthermore, actual
results may differ materially from those described in the
forward-looking statements and will be affected by a variety of
risks and factors that are beyond our control, including, without
limitation, statements about our future financial performance,
including our revenue, cash flows, costs of revenue and operating
expenses; our anticipated growth; our predictions about our
industry; the impact of the COVID-19 pandemic on our business and
our ability to attract, retain and cross-sell to clients. The
forward-looking statements contained in this release are also
subject to other risks and uncertainties, including those more
fully described in our filings with the Securities and
Exchange Commission (“SEC”), including in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2020. The
forward-looking statements in this press release speak only as of
the date on which the statements are made. We undertake no
obligation to update, and expressly disclaim the obligation to
update, any forward-looking statements made in this press release
to reflect events or circumstances after the date of this press
release or to reflect new information or the occurrence of
unanticipated events, except as required by law.
SURGEPAYS, INC.
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