Congressman David Kustoff Visits SurgePays Headquarters in Bartlett, Tenn.

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CEO Brian Cox and management team provide overview of company’s essential business and commitment to serving the needs of the nation’s underbanked and underserved consumers

BARTLETT, Tenn., Feb. 27, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecommunications company focused on the underbanked and underserved communities announced today that Tennessee’s Eighth District Congressman David Kustoff visited SurgePays’ headquarters in Bartlett, Tennessee on Friday to learn more about the company and its focus on serving the nation’s underbanked and underserved communities.

SurgePays’ CEO, Brian Cox, hosted the Congressman’s delegation and was joined by Chief Financial Officer Tony Evers, Vice President of Sales Garth Billstin, Vice President of Business Development Derron Winfrey and Chief Administrative Officer David Ansani. Congressman Kustoff’s team included District Director Ed Jackson, Field Representative Isaac Weston and Special Assistant Billy Masters.

During the meeting, Mr. Cox and his team provided an overview of SurgePays’ business including a broad array of prepaid wireless and financial products offered through a network of independent convenience stores. The company also provides federally funded wireless service, offered through the ACP program, to more than a quarter million low-income households nationwide.

They also spoke about the company’s uplisting to the Nasdaq exchange and its naming to the 2023 Deloitte Technology Fast 500 as the 345th fastest growing technology company in North America.

SurgePays is one of a handful of public companies based in the eighth district which includes the bulk of West Tennessee. Congressman Kustoff has been in office since January 2017. He serves on the important House Ways and Means Committee which oversees the nation’s Social Security, tax and trade policies.

“It was a pleasure to visit SurgePays and meet with CEO Brian Cox,” said Congressman Kustoff. “I appreciated hearing about your work to provide essential services to businesses and families across West Tennessee. Thank you for having me.” 

“We’re thankful to Congressman David Kustoff for his visit and for wanting to meet our outstanding team while learning more about SurgePays and our commitment to the underbanked and underserved markets in America,” said Mr. Cox. “It’s a privilege to have a congressman genuinely interested in the folks he represents.”

For more information on SurgePays, please visit the Company's investor relations website at ir.surgepays.com.

About SurgePays, Inc.

SurgePays, Inc. is a technology and telecom company focused on the underbanked and underserved communities. SurgePays technology layered platform empowers clerks at over 8,000 convenience stores to provide a suite of prepaid wireless and financial products to underbanked customers. SurgePays prepaid wireless companies provide services to over 250,000 low-income subscribers nationwide. The company ranks as the 345th fastest growing tech company in North America according to the 2023 Deloitte Technology Fast 500. Please visit SurgePays.com for more information.

Cautionary Note Regarding Forward-Looking Statement

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, cash flows, costs of revenue and operating expenses and our anticipated growth and expansion. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the U.S. Securities and Exchange Commission, including in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022. 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.

Media ContactHenry Feintuch / Doug WrightFeintuch Communicationssurgepays@feintuchpr.com +646-753-5710 / +646-753-5711

Investor ContactBrian M. Prenoveau, CFAMZ GroupMZ North Americabrian.prenoveau@mzgroup.us +561 489 5315

Photos accompanying this announcement are available athttps://www.globenewswire.com/NewsRoom/AttachmentNg/2b532384-c7ae-4565-9124-d871e5769998https://www.globenewswire.com/NewsRoom/AttachmentNg/bf55abd9-f57d-413b-acc4-34a0d71f03f4

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SurgePays, Inc.

Shown here are (clockwise l. to r.) Congressman David Kustoff and from SurgePays VP Business Development Derron Winfrey, VP of Sales Garth Billstin, CFO Tony Evers, CAO David Ansani and CEO Brian Cox.
SurgePays, Inc.

Tennessee Eighth District Congressman David Kustoff speaking with SurgePays CEO Brian Cox during meeting at SurgePays headquarters.
Source: SurgePays, Inc.

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