Sandpiper Digital Payments AG

EQS-News: Sandpiper Digital Payments AG invests in PlayPass nv to fuel international growth

EQS Group-News: Sandpiper Digital Payments AG / Key word(s):
Investment
Sandpiper Digital Payments AG invests in PlayPass nv to fuel
international growth

10.06.2015 / 08:00

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Strategic investment will strengthen Sandpiper's presence in cashless
payments

Antwerpen (BE) / St. Gallen (CH), June 10th, 2015: SANDPIPER Digital
Payment AG ("SANDPIPER", ISIN: CH0033050961, Ticker: SDP, www.sandpiper.ch)
is taking a strategic investment in PlayPass, www.playpass.be, a global
player in cashless payments and access control for music festivals, to
support the company in its international growth. The total consideration,
subject to certain milestones and conditions, amounts to up to 2MEUR and is
spread over 2 years.

SANDPIPER, a Swiss based stock-listed technology holding, focuses on the
consolidation of the fragmented payment landscape by pursuing a "buy &
build" strategy in the area of cashless payment systems for sports & events
as well as for education and retail markets.

PlayPass currently serves festivals with its RFID & access control
solutions in various countries in Europe and Asia. "Sandpiper's investment
will enable us to strengthen our focus on the global roll out of our
technologies and services. The capital increase will further help us to
accelerate the development of additional solutions in order to maximize
visitors' user experience on festivals", says David De Wever, CEO of
PlayPass.

Dr. Cornelius Boersch, initiator of SANDPIPER adds: "PlayPass is the
perfect fit for Sandpiper's internationalization strategy. The festival and
event market is one of Sandpiper's growth segments and we are convinced
that Playpass' technology combined with our network will be a great basis
for further scaling PlayPass' operations internationally".

In addition, PlayPass welcomes Ron Schuermans as investor. Ron is assigned
as CFO of PlayPass in March 2015 and will also accelerate the international
growth of PlayPass in the US and Asia. Ron has a wealth of experience in
supporting startup companies in their growth and capital needs.

Furthermore, PlayPass is glad to announce that it will provide RFID &
cashless solutions in the AFAS-stadium, home to KV Mechelen, a Belgian
football team playing in premier league. In this way PlayPass continues to
enhance its presence in the segment of sport stadiums.

About SANDPIPER

SANDPIPER Digital Payments AG, www.sandpiper.ch, is a stock-listed
technology holding based in St. Gallen, Switzerland. The company is focused
on the consolidation of the fragmented payment landscape in Europe by
pursuing a "buy  &  build" strategy in the area of digital cashless
payments and access control. SANDPIPER was established as a special purpose
acquisition company in early 2014. The shares are listed on Berne Stock
Exchange.

SANDPIPER is already today one of the largest providers of closed-loop
payment systems in Europe. SANDPIPER solutions provide safe and intuitive
payment technologies based on RFID/NFC and mobile applications for markets
such as Retail, Education, Stadium, and Events.

Volker Rofalski, Tel: +41-44-783 80 30; Fax: +41-44-783 80 40, Internet:
www.sandpiper.ch



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Additional features:

Document: http://n.equitystory.com/c/fncls.ssp?u=XGDTCDYJCY
Document title: Sandpiper-PlayPass_Investment

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10.06.2015 This Corporate News was distributed by EQS Schweiz AG.
www.eqs.com - news archive: http://switzerland.eqs.com/de/News

The issuer is responsible for the contents of the release.

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Language:    English
Company:     Sandpiper Digital Payments AG
             Poststrasse 17
             9001 St. Gallen
             Switzerland
Phone:       +41 44 783 80 49
Fax:         +41 44 783 80 40
E-mail:   news@sandpiper.ch
Internet: www.sandpiper.ch
ISIN:        CH0033050961
Valor:       A0MYNQ
Listed:      Foreign Exchange(s) BX


End of News    EQS Group News-Service
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