HENDERSON, Nev.–(BUSINESS WIRE)– Paysign, Inc. (NASDAQ:PAYS), a vertically integrated
provider of innovative prepaid card programs, digital banking, and processing services for corporate,
consumer, and government applications, today announced three leadership appointments. Each
appointee will be focused on enhancing Paysign’s Patient Affordability capabilities and will have a
reporting relationship to Alberto Negron, Executive Vice President Channel Strategy.

Burke Williams has been appointed Senior Vice President of Business Development. In this role
Williams will focus on expanding our HUB and Copay marketing client base. Williams will also focus
on expanding our market reach to include non-profit organizations and foundations for their patient
assistance programs. A proven industry veteran, Williams brings a wealth of experience to Paysign,
having held a variety of roles at TrialCard, Inc. over a 15-year period, most recently as VP of
Business Development, Patient Reimbursement, and Engagement Strategy.

Matthew Turner has been named Vice President, Head of Patient Affordability Solutions. Turner is
responsible for developing and managing Paysign’s Patient Affordability services. A 10-year veteran
of the healthcare and pharmaceutical services industry, Turner most recently served as Director of
Product Management for TrialCard Inc, where he was responsible for risk mitigation, compliance,
and pharmacy product lines.

Brett Squire has been appointed Senior Director, Client Services, and Informatics. Squire has worked
with brands across numerous therapeutic areas, both within the manufacturer and as a service
vendor. Prior to working with Paysign, he worked for Fortovia Therapeutics as the Director of
Business Analysis and Automation. Before joining Fortovia, Squire worked for TrialCard Inc. as the
Director of Client Services where he supported his manufacturing clients with Hub Services and
Patient Affordability Solutions.

“I am extremely pleased to welcome Burke, Matt and Brett to our Patient Affordability team,” said
Mark Newcomer, Chief Executive Officer, Paysign. “They are all recognized industry leaders with
demonstrated track records of success. Given their collective experience in patient affordability, we
are well-positioned to accelerate our growth in the space”.

With new opportunities opening in the space, Paysign has expanded beyond our long-standing
pharmaceutical payment offerings and established a Patient Affordability business-line to include
other services required by our HUB clients. These new services include pharmacy-based co-pay,
medical claims processing and payments, centralized billing, and payment services, as well as other
products. To learn more, visit https://paysign.com/solutions/pharmaceutical-services/.

About Paysign, Inc.
Paysign, Inc (NASDAQ: PAYS) 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. Paysign conceptualizes, develops, and manages payment solutions, prepaid
card programs, and customized payment services. Paysign’s corporate incentive prepaid cards are
changing the way corporations reward, motivate, and engage their current and potential customers,
employees, and agents. Paysign’s customizable solutions offer significant cost savings while
improving brand recognition and customer loyalty. For over 15 years healthcare companies, major
pharmaceutical companies, multinationals, prestigious universities, and social media companies
have relied on Paysign to provide state of the art prepaid payment programs tailored to their unique
requirements. Paysign is a registered trademark of Paysign, Inc. in the United States and other
countries. For more information visit us at paysign.com, or follow us on Facebook, Twitter,
and LinkedIn.

Forward-Looking Statements
Certain statements contained in this press release may be deemed to be forward-looking statements
under federal securities laws, and the company intends that such forward-looking statements be
subject to the safe-harbor created thereby. All statements, other than statements of fact, included in
this release, are forward-looking statements. Such forward-looking statements include, among
others, expanding long-standing pharmaceutical payment offerings and enhancing Patient
Affordability capabilities. We caution that these statements are qualified by important risks,
uncertainties, and other factors that could cause actual results to differ materially from those
reflected by such forward-looking statements. Such factors include, among others, the inability to
continue our current growth rate in future periods; identified material weaknesses in our internal
control over financial reporting which could, if not remediated, adversely affect our ability to report
our financial condition and results of operations in a timely and accurate manner; that a downturn in
the economy, including as a result of COVID-19, could reduce our customer base and demand for
our products and services, which could have an adverse effect on our business, financial condition,
profitability, and cash flows; operating in a highly regulated environment; failure by us or business
partners to comply with applicable laws and regulations; changes in the laws, regulations, credit card
association rules or other industry standards affecting our business; that a data security breach
could expose us to liability and protracted and costly litigation, and other risk factors set forth in our
Form 10-K for the year ended December 31, 2019. Except to the extent required by federal
securities laws, the Company undertakes no obligation to publicly update or revise any statements in
this release, whether as a result of new information, future events, or otherwise.

Paysign, Inc.
Jim McCroy, 702-749-7269
Investor Relations: ir@paysign.com