Wirecard AG / Acquisition 17.12.2009 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Grasbrunn, Munich, December 17, 2009; Wirecard AG signed a purchase agreement on December 16, 2009 for the acquisition of E-Credit Plus Pte. Ltd., Singapore. The final closing is planned to be concluded by the time of the acquisition date, January 1, 2010. The E-Credit Group, comprising E-Credit Plus Pte. Ltd. ('E-Credit') and its subsidiaries, is engaged in the field of online payment processing, predominantly on behalf of eCommerce merchants in the eastern Asian region. In doing so, Wirecard AG plans to extend its existing presence in eastern Asia with its Philippine subsidiary Wirecard Asia Pacific. Markus Braun, CEO of Wire Card AG commented as follows: 'With the acquisition of E-Credit, we are continuing our expansion in the Asian region. We anticipate our operations in Asia to generate synergy effects for the Group as a whole.' The cash purchase price amounts to about 9.5 million euros plus an earn-out component measured according to the operating profit of the E-Credit Group in the year 2010 and may reach up to roughly 2.5 million euros. For the forthcoming year, a contribution to Group earnings before interest and taxes (EBIT) is expected to amount to at least 1.4 million euros. Wirecard AG Iris Stöckl Bretonischer Ring 4 D-85630 Grasbrunn Ph.: +49 (0) 89 4424 1424 E-mail: iris.stoeckl@wirecard.com Internet: www.wirecard.com About Wirecard: Wirecard AG is one of the leading international providers of electronic payment and risk management solutions. Worldwide, Wirecard supports over 10,000 companies from many and various industry segments in automating their payment processes and minimizing cases of default. Wirecard Bank AG provides account and credit card services both for business and private customers and is a Principal Member of VISA, MasterCard and JCB. Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN DE0007472060, WDI). www.wirecard.com | www.wirecardbank.de | www.mywirecard.com 17.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP. Medienarchiv at |[![CDATA[|[a href="http://www.dgap-medientreff.de"|]www.dgap-medientreff.de|[/a|]]]|] and |[![CDATA[|[a href="http://www.dgap.de"|]www.dgap.de|[/a|]]]|] --------------------------------------------------------------------------- Language: English Company: Wirecard AG Bretonischer Ring 4 85630 Grasbrunn b. München Deutschland Phone: +49 (0)89-4424 0400 Fax: +49 (0)89-4424 0500 E-mail: ir@wirecard.com Internet: www.wirecard.com ISIN: DE0007472060 WKN: 747206 Indices: TecDAX, Prime All Share, Technology All Share Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, München, Düsseldorf, Hamburg, Stuttgart End of News DGAP News-Service ---------------------------------------------------------------------------
DGAP-News: Wirecard AG acquires Asian Payment Processor E-Credit Pte. Ltd., Singapore
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