cashcloud

DGAP-News: Cashcloud AG: Trading in Cashcloud shares expected to resume shortly



DGAP-News: Cashcloud AG / Key word(s): Expansion
Cashcloud AG: Trading in Cashcloud shares expected to resume shortly

17.11.2015 / 10:00
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Trading in Cashcloud shares expected to resume shortly

- Mobile payments in 12 languages

- Cashcloud launch in USA anticipated in first quarter of 2016

- WhatsApp available as new customer-service tool

- Level 1 ADR program in USA planned

The Board of Directors of Cashcloud AG announced today that trading in Cashcloud
shares, which was halted on October 22, 2015, is expected to resume in the
coming days. The Company previously stated that it was not responsible for the
suspension of trading.

Cashcloud currently has 178,000 registered users and is aiming to have 200,000
registered users by the end of the year. Plans to expand Cashcloud operations in
22 countries, including the USA and in five currency areas are on track. The
Cashcloud website has already been expanded and is currently available in 12
languages along with the Company's mobile app. The anticipated launch of
Cashcloud in the USA in the first quarter of 2016 will make payment by cash and
credit card a thing of the past.

In addition, Cashcloud has also expanded its internal capacities and
competencies in the area of Big Data. This additional expertise will allow
Cashcloud to generate revenues from information generated by its customer
life-cycle management program, as well as its customer loyalty program and
customer behavior analysis activities. Furthermore, customer service has been
further enhanced and Zendesk has been introduced. Zendesk is the Company's
cloud-based customer support program that offers registered users helpdesk
ticketing, self-service and customer support functions. The latest news in
customer service is the planned integration of WhatsApp as a new tool that will
allow Cashcloud users to communicate directly with the customer service group
directly via WhatsApp.

Strong progress being made internationally

Cashcloud AG has decided to initiate a Level 1 ADR program in the USA as part of
its preparatory efforts to expand into the USA. Upon completion, this step will
enable investors in the USA to acquire Cashcloud shares via the Over the Counter
(OTC) market. The future Chairman of Cashcloud's Board of Directors, Prof.
Moritz Hunzinger, stated that: "Our objective is to play a leading role in the
American mobile payments market in the foreseeable future."

In addition, Cashcloud is in the final stages of negotiations with collaborating
partners to expand the availability of the mobile application into additional
countries within the Eurozone and in other currency areas such as the UK (GBP),
Switzerland (CHF), Poland (PLN) and Romania (RON). Cashcloud will publicly
announce the conclusion of these negotiations as the take place without delay.
Today, Cashcloud is internationally active and maintains offices in six
countries across Europe. The Company employs 62 people from 12 countries
(Germany, France, Portugal, Poland, Romania, Ukraine, Moldavia, Spain, Bulgaria,
Ecuador, Switzerland, and the Netherlands).

About Cashcloud AG

The cashcloud solution, which has won numerous internationally recognised
awards, sets innovative standards in the fast-growing digital and mobile payment
transaction market. Available in Germany, France, Spain and the Netherlands, the
application has generated more than 178.000 registered users already.

The solution is complemented with a prepaid MasterCard(R) and an NFC sticker
based on a partnership with MasterCard(R), making cashless and contactless
payments and money transfers between friends easier than ever before. Cashcloud
is opening up global market potential with innovative solutions and superior
technology.

The shares of Cashcloud AG (symbol: KCC; ISIN CH0132106482) are listed on the
General Standard of Deutsche Börse AG.

Contact for press:press@cashcloud.com
Contact for investors:investors@cashcloud.com, Tel. +41 (0) 616 38 40 37

Disclaimer

This announcement does not constitute an offer of securities for sale or a
solicitation of an offer to purchase securities in Cashcloud AG; it is provided
solely for purposes of information.

Any information shown in this announcement is intended exclusively for persons
having their main residence or registered office in Germany and Luxembourg. In
particular, the information in this announcement does not constitute or shall be
construed as an offer to purchase securities in Cashcloud AG for persons having
their main residence or registered office in other countries, e.g. United States
of America, Japan and Canada.

Only the information included in the approved securities prospectus of Cashcloud
AG dated May 13, 2015 is definitive for the purchase of shares in Cashcloud AG;
the securities prospectus is published on the Company's website www.cashloud.ag
in the section "Investor Relations". The approved securities prospectus can also
be requested free of charge from Cashcloud AG (Steinenvorstadt 13, 4051 Basel,
Schweiz).



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17.11.2015  Dissemination of a Corporate News, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English

Company:  Cashcloud AG

          Steinenvorstadt 13

          4051  Basel

          Switzerland

Phone:    +41 61 638 2052

Fax:      +41 61 638 2025

Internet: www.cashcloud.ag

ISIN:     CH0132106482

WKN:      A14NYB

Listed:   Regulated Market in Frankfurt (General Standard); Regulated Unofficial
Market in Stuttgart


End of News DGAP News Service

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