27th Jun 2007 14:27
Datacash Group PLC27 June 2007 27 June 2007 DATACASH GROUP PLC ('DataCash' or 'the Company') AGM STATEMENT Ashley Head, Chairman of DataCash Group plc, the AIM-listed payment serviceprovider, made the following statement at the AGM held at noon today, 27th June2007 at which all the resolutions were carried: "The Group has seen good growth in both revenue and transaction volumes so farthis year. Revenues lost from the fallout in the US are continuing to bereplaced as our customers expand their operations in other countries. Merchant acquisition in both the Card Holder Present and Card Holder Not Presentmarkets in the UK has been encouraging, with a strong pipeline in Travel ,Leisure and Retail, and we continue to build on our dominant market position andreputation in gaming, both at home and abroad. Our cash position continues tostrengthen, and, overall, we are pleased with Group performance to date. We are actively exploring opportunities to further extend our internationalcoverage. We will report our interim results in September." - END - For further information please contact: DataCash Group PLC Ashley Head Tel: +44 (0)870 727 4760Chairman E-mail: [email protected] David Bailey Tel: +44 (0)870 727 4760Deputy Non-Executive Chairman E-mail: [email protected] Website: www.datacash.com About DataCash DataCash Group PLC (AIM: DATA), a market leading provider of payment processingsolutions, provides merchants with a single interface that allows them toprocess secure payments, both on and offline, anywhere in the world. DataCash also provides a range of value added services with its fraud and RiskManagement solutions supporting AVS/CV2, 3-D Secure (Verified by Visa andMasterCard Secure Code) together with traditional rules-based screening. DataCash provides first-class service reliability at a fraction of the price ofan in-house solution, servicing clients within the retail, travel,telecommunications and gaming sectors. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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