SAN DIEGO, June 18, 2012 /PRNewswire/ -- Global Payout, Inc. (Pink Sheets: GOHE) an emerging leader in the prepaid debit card market, today announced that it has retained Wolfe Axelrod Weinberger Associates LLC as its investor relations firm to lead the investor communication outreach and communications efforts on behalf of the Company.

The world wide prepaid debit card market is estimated to be more than several trillion dollars with the U.S. segment nearly $1 trillion alone. While the market is highly fragmented, Global Payout offers its corporate clients a unique and dynamic platform that provides highly sought after features and applications. The innovative Global Payout payment platform encompasses card design, debit card processing and program management, and is tailored to meet the needs of customer programs that market services through Discover, in the United States and MasterCard, internationally.

Mr. James L. Hancock, CEO of Global Payout, stated "Global Payout is poised for significant growth in the near and long-term and we believe that it is imperative to initiate an investor relations program in which to communicate our successes and activity in the marketplace. Wolfe Axelrod Weinberger Associates' many years of experience in increasing a company's investor awareness and shareholder value by communicating its value proposition to investors is one that resonated strongly with our management team and we look forward to a very successful relationship with the Wolfe Axelrod Weinberger organization