Global Payout Launches IT Department

Global Payout Launches IT Department

SAN DIEGO, Feb. 13, 2012 /PRNewswire/ -- Global Payout, Inc. (OTC Pink: GOHE) has established an in-house IT department to spearhead its new eWallet International payment platform.  Global Payout will be directly involved in the design and all phases of development ensuring a successful, market ready implementation and on-going operation for Global Payout business clients.  In addition, Global Payout's IT department will increase efficiencies in implementation and integration of their stored value platforms for their prepaid debit card program clients.

Global Payout has chosen Mr. Brett Morgan to lead this effort as Chief Technology Officer. Mr. Morgan has extensive successful experience in the creation, design and implementation of software platforms currently in use throughout Fortune 1000 companies. He is particularly qualified for this role after having held positions as: Director of IT Services, Senior Programming Engineer, Project Manager and Senior Analyst in industries ranging from Construction, Health Care and Gaming.

Mr. Morgan is overseeing the development of Global Payout's eWallet platform for deployment both domestically and internationally. Mr. Morgan is taking a "hands-on" approach and is in constant communication with Global Payout's platform developers while monitoring the Global Payout customer base to guarantee the best possible outcome for the customers.

"Our eWallet Payment Platform will be extremely secure, reliable and user friendly under the watchful eye of Brett Morgan," says Jim Hancock, CEO and Board Member of Global Payout, Inc., "Brett's expertise and experience in delivering market tested and ready software platforms capable of securely and effectively handling financial transactions will ensure the success of our eWallet system and stored value platforms."

About Global Payout, Inc.:

Global Payout, Inc., http://www.globalpayout.com, headquartered in San Diego, California, is a payment solutions provider offering U.S. and International companies electronic payment and prepaid debit card solutions. Through Global Payout's processors and solution providers the company offers an international payment platform allowing accountholders to move money to personal bank accounts in over 200 countries. In addition, the company provides for U.S. and International debit cards, allowing accountholders without bank accounts to access funds worldwide. As a program manager and reseller, Global, is a provider of prepaid debit cards in the U.S. for payroll and general spend programs.

Forward-Looking Statements Disclosure:

This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, award looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will" and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.

    CONTACT:
                                    Joe Sebo, Chief Financial Officer
                                    joe@globalpayout.com
                                    Global Payout, Inc.
                                    T.760.433.3399
                                    F.215.294.4626
                                    http://www.globalpayout.com
SOURCE  Global Payout, Inc.

Global Payout, Inc.

Web Site: http://www.globalpayout.com