Wirecard AG acquires portfolio of well-known customers / Customer contracts with premium fashion industry brands in the high-growth online Fashion & Lifestyle segment

Wirecard AG / Key word(s): Mergers & Acquisitions/Alliance

16.04.2012 / 15:19

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Aschheim (Munich), April 16, 2012; On April 1, 2012, Wirecard Technologies
AG, a Wirecard Group company, acquired material assets from NETRADA Payment
GmbH, with its registered office in Mainz, Germany. This includes customer
agreements for payment and risk management services for international
online shops for well-known premium fashion industry brands. In addition,
as a preferred partner for NETRADA, in future Wirecard will provide payment
services for select NETRADA customers, including Görtz, Lacoste and Puma.

A cash purchase price in the low single digit million euro range has been
agreed. This is due for payment in the second quarter of 2012. Wirecard AG
is anticipating a positive contribution to earnings in the current fiscal
year.

In addition, a multi-year strategic alliance agreement has been concluded
with the NETRADA Group for cooperation for payment and risk management
services. As a global eCommerce service provider, NETRADA develops and
realizes end-to-end eCommerce solutions for well-known fashion and
lifestyle brands.

This acquisition and the agreed strategic alliance has reinforced Wirecard
AG's position as a payment service provider for branded goods manufacturers
in the fashion and textiles industry, which is currently one of the fastest
growing eCommerce market segments.

Wirecard has an international presence with locally networked units, and
provides multinational card and payment acceptance agreements. Both locally
and globally relevant payment methods are available via the Wirecard
platform.

In addition to the focus on eCommerce for mail order and multi-channel
commerce, many customers from the tourism, digital goods,
telecommunications and financial services sector trust the Wirecard Group's
solutions.
 
Contact:
Iris Stöckl 
VP Corporate Communications/ Investor Relations 
Tel.: +49 (0)89-4424-1424
e-Mail: iris.stoeckl@wirecard.com
http://www.wirecard.com
ISIN DE0007472060
Reuters: WDI.GDE
Bloomberg: WDI GY
About Wirecard: 

Wirecard AG is one of the leading international providers of electronic
payment and risk management solutions.  Worldwide, the Wirecard Group
supports over 12,000 companies from a wide range of industry segments in
automating their payment processes and minimizing cases of default Wirecard
Bank AG is a Principal Member of Visa, MasterCard and JCB and operates as a
credit card acquirer in 69 countries around the world, involving over 100
transaction currencies and 18 payout currencies.  Part of the Wirecard
Group, Wirecard Bank provides innovative solutions in the fields of
corporate banking, prepaid and co-branded cards, along with account
products for both business and private customers.
Wirecard AG is listed on the Frankfurt Securities Exchange (TecDAX, ISIN
DE0007472060, WDI).

www.wirecard.com  |  www.wirecardbank.com  |  www.mywirecard.com

About NETRADA:

NETRADA develops and realizes international full-service eCommerce
solutions in Europe, North America and Asia for the Fashion & Lifestyle
industry. It has around 15 years' experience and more than 2,500 employees,
and NETRADA has established itself as a leading fashion eCommerce expert.
It operates more than 70 national online shops as an exclusive partner for
well-known brands. NETRADA's range of services spans the entire eCommerce
process chain: implementation and operation of the online shop, content
management, product photography, online marketing, logistics and shipping
with management of returns as well as payment and accounting and also
customer services.

www.netrada.com/#/en.html

http://www.netrada.com/nf/en/company/clients.html 


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Language:    English                                               
Company:     Wirecard AG                                           
             Einsteinring 35                                       
             85609 Aschheim b. München                             
             Germany                                               
Phone:       +49 (0)89-4424 1400                                   
Fax:         +49 (0)89-4424 1500                                   
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, Düsseldorf, Hamburg, München,  
             Stuttgart                                             
 
 
End of News    DGAP News-Service  
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